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Technical Pensions Analyst
Remote
Full Time
Permanent
Ref: 002556
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.
Our Pensions Administration business continues to grow and we are now looking for experienced Technical Pensions Analysts to join one of our vibrant offices with hybrid or remote working. This is an exciting role and would most likely suit someone with previous experience of working within an administration team as a user, or a system support position in the pensions industry.
A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 88 with assets over £1bn. We also provide wider ranging support to insurance companies in the life and bulk annuities sector.
Our people drive our success and as an XPS employee you can bring your whole self to work - Everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best. It's about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they're happy. Above all, it's about ensuring everyone has a voice and feels valued. Because they are.
The Team
Our award-winning pensions administration business puts scheme members at the heart of everything we do. Our services include scheme administration, first-time outsourcing, member communications and scam protection.
The key areas in which BSG provide support are:
- New Business Installation
- Existing Scheme Support
- Project Management
- Business Interface with IT Services
- Management Reporting
BSG has two distinct areas, with strong communication existing between the teams to support the following primary competencies:
- Project Management; and
- Data Migration and Calculation Management
Learn more here: https://www.xpsgroup.com/what-we-do/administration/]
The RoleAs a Technical Pensions Analyst with XPS you will:
- Install both Defined Benefit and Defined Contribution schemes onto our administration systems.
- Be responsible for technical leadership contributing to the successful completion of the project.
- Perform technical work items, including but not limited to:
- Analysis of administration data sets
- Mapping of data to our administration systems
- Creation of calculation specification and test pack for system automation
- Regression and User Acceptance Testing
- Support our administration teams work for existing clients, which is managed by an internal helpdesk and ticketing systems.
- Review and develop team processes, in recognition of the changing marketplace and for continuous improvement.
Your profileEssential Criteria- Proven experience of working within an administration team as a user, or a system support position in the pensions industry is required.
- IT proficient, with an emphasis on using Excel.
- Proficient knowledge in benefit structures and calculation requirements for DB, DC or Hybrid pension schemes.
Desirable Criteria- Experience of working with common pension administration systems and third-party IT suppliers is desirable e.g. PenScope, Compendia, ProFund and Altair.
- Understanding of programming languages such as Visual Basic is not required but may be beneficial.
What we offer:Find out more about
Life at XPSFind out more about
Our People ApproachWe offer an attractive reward package, typical benefits can include::- Competitive salary
- Participation in annual discretionary Bonus Scheme
- 25 days holiday plus flexibility to buy or sell holiday
- Flexible Bank holidays
- Pension scheme, matching contribution structure
- Healthcare cash plan
- Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
- Life Assurance cover, four times basic salary
- XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
- Employee Assistance Programme for you and your household
- Access to a digital GP service
- Paid volunteering day when participating in Company organised events
- Staff referral scheme when you introduce a friend to XPS
What next:If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you. We will consider all applicants and respond swiftly.
Please discuss with the recruitment team, via phone or email, if you require any adjustments to the recruitment process. For example, we can provide materials in an alternative format, or give you extra time in interviews or tests.
If you do not feel ready to apply or still have questions, please email us by clicking hereThe successful candidate will need to demonstrate the following requirements:- Right to Work confirmation
- DBS Disclosure check
- Employment or educational references covering five years
- Satisfactory credit check
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier list.
XPS try wherever possible to respond to all applicants if for any reason you have not heard from us within 28 days of your application, please assume you have been unsuccessful on this occasion.
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