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Pensions Technical Analyst

3 months ago

United Kingdom XPS Pensions Group Full time

Technical Pensions Analyst

Remote

Full Time

12 Month Fixed Term Contract

(Possible option to move to permanent in the future)

XPS Pensions Group is a multi-award winning and leading independent pensions consulting and administration business. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.

Our Pensions Administration business continues to grow and we are now looking for experienced Technical Pensions Analysts to join our vibrant office with hybrid/ working. This is an exciting role and would most likely suit someone with previous experience of working within an administration team as a user, or a system support position in the pensions industry.

XPS is the only UK pensions specialist listed on the London Stock Exchange Main Market and we have the scale and flexibility to think and act differently. We are a multi-award-winning Pensions Consultancy with over 1 million member pension schemes administered and 1800 staff in locations across the UK. We advise on all things workplace pensions related. We help trustees and employers run pension schemes for the benefit of both current and former employees and we support scheme members in a way that is relevant, innovative and easily digestible.

Our people drive our success and as an XPS employee you can bring your whole self to work - Everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best. It’s about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they’re happy. Above all, it’s about ensuring everyone has a voice and feels valued. Because they are.

The Team

Our award-winning pensions administration business puts scheme members at the heart of everything we do. Our services include scheme administration, first-time outsourcing, member communications and scam protection.

The key areas in which BSG provide support are:

  • New Business Installation
  • Existing Scheme Support
  • Project Management
  • Business Interface with IT Services
  • Management Reporting

BSG has two distinct areas, with strong communication existing between the teams to support the following primary competencies:

  • Project Management; and
  • Data Migration and Calculation Management

Learn more here:

The Role

As a Technical Pensions Analyst with XPS you will:

  • Install both Defined Benefit and Defined Contribution schemes onto our administration systems.
  • Be responsible for technical leadership contributing to the successful completion of the project.
  • Perform technical work items, including but not limited to:
  • Analysis of administration data sets
  • Mapping of data to our administration systems
  • Creation of calculation specification and test pack for system automation
  • Regression and User Acceptance Testing
  • Support our administration teams work for existing clients, which is managed by an internal helpdesk and ticketing systems.
  • Review and develop team processes, in recognition of the changing marketplace and for continuous improvement.

Your profile

Essential Criteria

  • Proven experience of working within an administration team as a user, or a system support position in the pensions industry is required.
  • IT proficient, with an emphasis on using Excel.
  • Proficient knowledge in benefit structures and calculation requirements for DB, DC or Hybrid pension schemes.

Desirable Criteria

  • Experience of working with common pension administration systems and third-party IT suppliers is desirable e.g. PenScope, Compendia, ProFund and Altair.
  • Understanding of programming languages such as Visual Basic is not required but may be beneficial.

What we offer:

Find out more about

Find out more about

We offer an attractive reward package, typical benefits can include::

  • Competitive salary
  • Participation in annual discretionary Bonus Scheme
  • 25 days holiday plus flexibility to buy or sell holiday
  • Flexible Bank holidays
  • Pension scheme, matching contribution structure
  • Healthcare cash plan
  • Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
  • Life Assurance cover, four times basic salary
  • XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
  • Employee Assistance Programme for you and your household
  • Access to a digital GP service
  • Paid volunteering day when participating in Company organised events
  • Staff referral scheme when you introduce a friend to XPS

What next:

If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you. We will consider all applicants and respond swiftly.

Please discuss with the recruitment team, via phone or email, if you require any adjustments to the recruitment process. For example, we can provide materials in an alternative format, or give you extra time in interviews or tests.

If you do not feel ready to apply or still have questions, please email us by clicking here

The successful candidate will need to demonstrate the following requirements:

  • Right to Work confirmation
  • DBS Disclosure check
  • Employment or educational references covering five years
  • Satisfactory credit check

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier list.

XPS try wherever possible to respond to all applicants if for any reason you have not heard from us within 28 days of your application, please assume you have been unsuccessful on this occasion.