Pensions Calculations SME

Pensions Calculations SME

Location: Remote
Contract Length: 6 months
IR35 Status: Inside IR35

Job Overview

We are seeking an experienced Pensions Calculations SME to support a key pensions project. This role requires strong expertise in pension benefit calculations, drafting calculation pro formas, scheme rule interpretation, and both manual and automated testing.

The successful candidate will have a strong background in pensions administration or consulting, with excellent Excel skills and proven experience delivering accurate calculations within complex pension environments.

Key Responsibilities

• Draft and review pension calculation pro formas.
• Perform both manual and automated calculation testing.
• Interpret scheme rules and benefit specifications (Ben spec).
• Validate pension calculations for accuracy and compliance.
• Support delivery of pensions projects involving member calculations.
• Analyse complex pension data using Excel.
• Work closely with project teams, analysts, and stakeholders.

Required Skills & Experience

• Strong experience in Defined Benefit (DB) pensions calculations.
• Proven knowledge of:
  • Deferred calculations
  • Retirement calculations
  • Transfer value calculations
  • Death benefit calculations
  • Other specific pension calculation types
• Strong understanding of scheme rules and benefit specifications.
• Advanced Excel skills including:
  • Complex formulas
  • VLOOKUPs
  • Pivot tables
• Experience in calculation testing and quality assurance.
• Excellent analytical and problem-solving skills.

Preferred Background

Candidates from the following sectors are highly desirable:

• Pensions Administration
• Pension Consulting
• Financial Services/Insurance
• In-house Pension Schemes

Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.