Pensions Automation Analyst 2024

This role sits in the Systems Service Delivery Team of Hymans’ Third Party Administration (TPA) business unit.

TPA administer more than 70 pension schemes on behalf of our clients and the Systems Service Delivery Team support their administration by providing a calculation-automation service. The Team’s scope covers changes to existing scheme rules and the onboarding of new schemes.

The Automation Analyst role primarily involves the translation of technical benefit rules into a specification that identifies the various benefit scenarios for each scheme and calculating the expected results for each cohort of members. The specification created would be encoded by developers and used as an automated test pack so the Automation Analyst will work as part of a multi-disciplinary digital team using agile techniques to manage their work and will regularly liaise with client-facing teams, actuaries and other digital stakeholders.

If you have experience in an identical role or have transferrable technical skills as a Pensions Analyst or Pensions Administrator and want to work in a fast-paced but focussed digital team, then we would love to hear from you.

Main responsibilities

• Analyse scheme data and translate scheme rules into clear and concise benefit specifications for calculations.
• Define scheme calculations and associated process, ensuring integrity of calculations.
• Identify suitable test cases for all benefit scenarios for use in Quality Assurance.
• Assist with resolution of any issues in the outputs of automated calculations.
• Collaborate with Administration Teams and PMO Team to analyse client requirements and stay focussed on delivery of client projects.
• Liaise with technical specialists on defining text for standard letters so that calculations are explained in plain English.
• Resolve queries quickly and efficiently.
• Focus on Continuous Improvement as a way of maintaining a high-quality service, identifying areas of improvement as they occur.
• Manage your workload to support delivery of priorities across multiple schemes.
• Provide mentoring and guidance to other members of the team, sharing information and ideas for best practice.

You will be able to demonstrate

• Excellent analytical skills, attention to detail and communication skills.
• Up to date understanding of Defined Benefit and Defined Contribution pension schemes and legislative framework for UK pension schemes.
• A proactive approach to providing solutions and results to support delivery of client work.
• Making pragmatic decisions during problem solving.
• Ability to multi-task and prioritise workload to meet demand, taking ownership of work that you lead.
• Advanced skills in Excel and experience of a pensions administration system e.g. UPM.

About us

Together, we’ve been building better futures for over 100 years. For our people, our clients and their people, our communities and the environment.

We thrive on tackling complex problems. And we believe those problems are best solved by diverse teams – diverse in skills, approaches and backgrounds. Our independence lets our people be themselves and think freely, while working in a collaborative, supportive environment. We love innovative, independent thinking and want everyone to share their ideas.

Working alongside employers, trustees and financial services institutions, we offer pensions, investments, benefits and risk consulting services, as well as data and technology solutions. With over 1000 employees and counting, we’re one of the leading consultancies in our field and are proud to be recognised by numerous industry awards.

We’re committed to developing our people and encourage everyone to carve out their own career path. We’ve many colleagues who started out in one team in the business and have ended up somewhere completely different, having had the chance to develop new skills and explore new passions.

We are continually working to improve our inclusive culture and employ diverse talent. We therefore welcome applications from people from all backgrounds, which includes but isn’t limited to: age, disability, ethnic heritage, gender, marital or civil partnership status, neurodiversity, religion, sexual orientation, and socio-economic background.

Our hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment - meaning flexible working patterns to accommodate individual needs. Find out more about our careers here.

If you need any assistance in relation to a personal requirement, medical condition or neurological difference during our selection process then please let us know.

Together, we can make this the best job you’ll ever have.

We offer

Our culture

We live and breathe our four values – friendly, confident, partnering and straightforward – and genuinely care about out people, clients, community and the environment.

Job satisfaction

Every employee can genuinely make a difference and contribute towards achieving our purpose – together, building better futures. Whether that’s helping our clients build more secure financial futures, using your 3 days volunteering or helping us reduce our carbon footprint.

Reward and wellbeing

We offer competitive salaries, a share of company profits and an award-winning benefits package. We also take your mental, physical, social and financial wellbeing seriously, both in and outside of work.

Flexible working

We trust our people to work in a pattern that suits their circumstances with a healthy balance of home and office working.

Latest technology

We use the most up-to-date technology and software to match our ground-breaking business solutions that make life easier for us and our clients.

Career development

There is no linear path – learning opportunities are plentiful and empower you to carve out your own career.