Pensions Calculation Analyst

3 days ago


UK, UK, United Kingdom Carbon60 Full time

Carbon60 are working with a global risk and insurance company who are looking for an experienced Pensions Calculation Analyst to be responsible for the production and systems testing of pensions calculation automation software.


Contract Specifics

  • Contract Length: 6-months initially, with potential for extension.
  • Pay Rate: £450-£475 per day (Inside IR35).
  • Hours: 40 hours per week (full-time).
  • Office Location: Surrey.
  • Working Flex: Happy with fully remote working.


Main Responsibilities

  • Code and systems test calculation software including letters, statements, data extracts, and write backs (training to be provided).
  • Interpret business requirements and member data.
  • Provide pensions legislative knowledge.
  • Interact with the external client facing self-service administration teams and the calculation analysts teams based in the UK and abroad.
  • Work on a large portfolio of Defined Benefit (DB), Defined Contribution (DC), and hybrid schemes.
  • Collaborate with the Lead System Consultant team during data migration, to ensure consistency between the data and calculation project streams.
  • Keep stakeholders up to date, share concerns, and propose solutions where appropriate.


Skills & Experience

  • Some prior work with Python (or other object-oriented languages) is desirable, but not mandatory (as training will be provided).
  • Working knowledge of UNIX and SQL is desirable, but not mandatory (as training will be provided).
  • Working knowledge of Microsoft Excel and Word.
  • Defined Benefit (DB) and/or Defined Contribution (DC) occupational pension schemes experience.
  • Good written and verbal communication, as well as strong interpersonal skills.
  • Good time management skills and the ability to organise and prioritise own workload.
  • Proven problem solving and analytical skills.
  • Ability to work on own initiative when required, as well as in a team


Please note: Previous experience in a technical role is not necessary as training will be provided for the programming tools required to build the calculation and reporting software. This will consist of internal modular training courses, an external SQL course (if appropriate), and supported on-the-job work.



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