Pension Calculation Analyst

Job Description

Pensions Calculation Analyst | ARCC CONSULTING LIMITED

The Tone:
This is a full-time role at ARCC CONSULTING LIMITED, located remotely within the United Kingdom. ARCC CONSULTING LIMITED is an established, multi-award-winning pensions business recognized for investing in its people. Significant new scheme and business wins have led to rapid expansion and the creation of new roles and teams, offering good development opportunities. This position is crucial for defining and developing standard pension calculations, ensuring new requirements align with the company’s operating model, and playing a lead role within the Solutions Team.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Remote, United Kingdom (must be based more than 2 hours from London)
• Pay: To £52000 yearly
• Team: Solutions Team (lead role)
• Mission: Own the company methodology and process for calculation development, ensuring new requirements align with the operating model and existing systems.

What You’ll Actually Do
• Methodology Ownership: Own the company methodology and process for calculation development, understanding the dependencies on other systems and business tasks.
• Specification Development: Complete detailed analysis of new and existing calculations, scheme rules, technical documentation, and legislation to produce detailed calculation specifications for building and testing calculations.
• Cross-functional Collaboration: Collaborate and communicate with other analysts, developers, client project analysts, technical, and operations teams regarding implementations, projects, and change.
• Product Development Support: Work with the Product Manager to support new and existing product development related to calculations and functions, and assist business development opportunities.
• Procedure Introduction: Support the introduction and adoption of new procedures through documentation and communication, and facilitate change within business areas.

The Must-Haves
• Background: This is a lead role, expected to mentor junior team members. Candidates must possess strong Defined Benefit (DB) and good Defined Contribution (DC) technical knowledge.
• Experience: Detailed understanding of DB calculations, including retirement, transfer, and death calculations. Proven ability to extract technical information from scheme rules and documentation, then interpret it into calculation development specifications.
• Skills: Strong analytical capabilities for calculations, rules, and legislation. Proficiency in producing detailed calculation specifications. Ability to work across multiple projects simultaneously.