Pension Calculation Analyst

WTW group; Redhill; Hybrid; GBP 40,000 - GBP 55,000; Full time

Job summary

A leading global consultancy is seeking a Senior Pension Calculation Analyst to drive excellence in pension calculations. You will lead projects, support clients, and collaborate with specialists to enhance pension scheme efficiencies. Candidates should have a solid knowledge of Defined Benefit pensions, be proactive in navigating complexities, and possess strong problem-solving skills. The role offers a flexible hybrid working environment, inclusive culture, and a competitive benefits package, ensuring you thrive in your career and personal life.

Benefits

25 days of annual leave plus an extra WTW day

Private healthcare

Life insurance

Group income protection

Access to an employee assistance program

Electric vehicle car scheme

Share scheme

Qualifications

• Experience in pension administration is a plus.
• Ability to navigate ambiguity effectively.
• Quick learner with new technology.

Responsibilities

• Anticipate client needs and create solutions.
• Collaborate with third parties to resolve queries.
• Drive automation and process optimization.

Skills

Strong background in UK occupational pensions

Defined Benefit knowledge

Excellent written and verbal communication skills

Strong problem-solving abilities

Proficiency in MS Excel and Word

Job description

Description

Lead with Expertise. Deliver with Impact. Shape the Future of Pensions.

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

Our work touches the lives of millions. At WTW Outsourcing Business, we’re committed to helping clients deliver exceptional experiences to members of their pension schemes.

This is an exciting opportunity to join WTW’s Outsourcing Business as a Senior Pension Calculation Analyst within the Business Solutions team of our Outsourcing Business Technology function. You’ll work alongside a talented group of onshore and offshore specialists, supporting a diverse portfolio of Defined Benefit (DB) occupational pension schemes.

As WTW continues to grow—partnering with some of the UK’s largest pension schemes, delivering for LifeSight, supporting major insurers, and advancing our innovative OneDB proposition—you’ll play a pivotal role in driving technical excellence, enhancing processes, and creating smarter, more efficient ways of working across our delivery model.

We’re looking for someone with strong technical expertise in DB pensions, ideally with experience in areas such as manual calculations, automated calculations, complex calculations like barber period calculations, GMP, GMP Equalisation, and related complexities. You’ll blend strategic thinking with hands-on capability, taking the lead on complex work, guiding and mentoring colleagues, and helping shape scalable solutions for the future.

If you’re ready to lead, collaborate with passionate professionals, and make a meaningful impact in the pensions industry—we’d love to hear from you.

Why WTW? We trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a hybrid style, with a mix of remote, in-person and in office interactions dependent on the needs of the team, role and clients.

Office location: You can be based in any of our offices across London, Reigate, Bristol, Birmingham, Manchester, Leeds, or Edinburgh. This role follows a flexible hybrid model, with just one day per week or per month required in your nearest office.

This is a 12-month Fixed-Term Contract role.

The Role

• Anticipate client needs and identify practical solutions for calculation suites.
• Create tailored solutions for complex service offerings to deliver exceptional client experiences.
• Collaborate with third parties such as scheme actuaries and solicitors to resolve technical queries.
• Communicate confidently in meetings and handle challenging situations effectively.
• Deliver efficient, professional service to meet client needs and promote the WTW brand.
• Take ownership of projects within your remit.
• Drive automation and process optimization.
• Build technical expertise and contribute to measurable improvements.
• Support continuous improvement initiatives and foster a collaborative team culture.
• Interpret scheme rules and documentation into clear calculation specifications.

Qualifications

What you’ll bring

• Strong background in UK occupational pensions with some experience in pension administration.
• Strong Defined Benefit knowledge, including historical UK pensions legislation.
• Ability to interpret scheme rules and documentation into clear calculation specifications.
• Proactive mindset and ability to navigate ambiguity.
• Quick learner with aptitude for new technology and tools.
• Excellent written and verbal communication skills.
• Strong problem-solving and solution implementation abilities.
• Ability to manage multiple tasks and work effectively in virtual teams.
• Process-driven approach with flexibility to adapt.
• Strong time management and organizational skills.
• Proficiency in MS Excel and Word.
• Ability to work independently and as part of a team.
• Experience in setting standards and advocating best practices.

What we offer

Enjoy a benefits package designed to help you thrive, both professionally and personally. You\'ll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [e-mail]