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Senior Pension Systems Analyst
Job summary
A leading pension administration firm is seeking a Senior Pension Systems Analyst to support their Pension Administration team. This permanent, full-time role allows for hybrid work from various locations across the UK. The ideal candidate will have substantial experience in pension and payroll administration, be a subject matter expert in Penstream, and hold a relevant professional qualification. The position offers competitive compensation, generous benefits, and opportunities for professional development.
Benefits
Qualifications
- Minimum of GCSE Grade '5' or 'C' in Mathematics and English or equivalent.
- In-depth knowledge and high level of experience of pension and payroll administration.
- Knowledge of Microsoft Office to an advanced level.
Responsibilities
- Being a Subject Matter Expert for Penstream & GMP.
- Taking ownership for the delivery of systems related work for each project.
- Ensuring data readiness for GMP projects.
Skills
Education
We have a fantastic opportunity for a Senior Pension Systems Analyst to join our Pension Administration team. This role will be working as part of the Penstream team. Penstream is Barnett Waddingham's in-house application covering all aspects of pension administration.
This is a permanent, full time role and it can be based in our Birmingham, Bristol, Cheltenham, Glasgow, Leeds or Liverpool offices working on a hybrid basis.
- Being a Subject Matter Expert for Penstream & GMP
- Taking ownership for the delivery of systems related work for each project
- Working with BAU administration teams, GMP project administration teams, and actuaries
- Ensuring data readiness for GMP projects by analysing Penstream member data and resolving issues
- Ensuring Penstream scheme setup readiness for GMP projects by analysing the setup and resolving issues
- Running and checking system calculations to create GMP equalisation preserved benefit values
- Reviewing and importing data to create GMP equalisation pension in payment values
- Reconciling payroll changes
- Ensuring project work is fully documented for handover to BAU administration teams
- Identifying opportunities for continuous workflow process improvements
- Identifying opportunities for system development
- Working to project deadlines
- Checking the work of other team members
- Mentoring and training junior colleagues
- A minimum of GCSE Grade "5" or "C" in Mathematics and English or equivalent
- An in-depth knowledge and high level of experience of pension and payroll administration
- A knowledge of Microsoft Office to an advanced level
- Hold, or studying towards, a professional qualification (for example, Certificate in Pensions Calculations, Advance Diploma in Retirement Provision)
- A qualification in project management is desirable
- Competitive discretionary annual bonus and salary review
- Generous pension scheme (we contribute 8%)
- Funded training and professional development
- Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading
- A comprehensive range of voluntary benefits to suit you including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts
Happy to talk flexible working.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.