Technical Pensions Analyst

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Sector: Administration and Secretarial
Role: Analyst
Contract Type: Permanent
Hours: Full Time

Technical Pensions Analyst

Senior Consultant grade
Hybrid
Full Time
Permanent
Ref: REQ002863
This role can be hybrid at any of our XPS offices or remote with occasional office attendance.

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 Implementation Services business continues to rapidly grow and we are now looking for an experienced Technical Pensions Analyst to join one of our vibrant offices with remote or hybrid working. This is an exciting role and would most likely suit someone with previous experience in a similar role where they have been part of a pensions administration team providing technical system support, strong SQL and C# skills and proficient in DB and DC pension schemes.

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.

The Team
This role is within Implementation Services (IST). IST is comprised of specialist team members that support the XPS Administration business in a variety of areas. The team provides technical, IT and specialist expertise to XPS Administration that underpins the quality solutions we provide to our administration clients.

The Role

As a Technical Pensions Analyst with XPS you will:

• As part of transition activity, we will be required to install both Defined Benefit and Defined Contribution schemes onto our administration system, Aurora.
• Be responsible for technical leadership contributing to the successful completion of the project for the administration take on.
• Leadership of analyst teams within large projects.
• Attendance at project meetings.
• Consultation on technical processes and outcomes.
• The setup and maintenance of all technical documents relevant to the transition of the scheme and its testing.
• Performance of technical work including:
• Analysis of administration data sets.
• Supporting the Admin team with the delivery of their data installation.
• Creation of calculation specification and test pack for system automation.
• Installation of new automation.
• Regression and User Acceptance Testing.
• Calculation support including installation of new calculation automation and amendments to existing calculation automation.
• Take ownership of technical processes in the team to ensure they are maintained and act as an expert point of reference.
• Participate in the review and development of team processes.

Your profile

Essential Criteria

• Proven experience of working within a pensions administration team as a user, or a system support position in the pensions industry is required.
• Experience of working with common pension administration systems and third-party IT suppliers e.g. PenScope, Compendia, ProFund.
• Proficient knowledge in benefit structures and calculation requirements for DB, DC and Hybrid pension schemes.
• IT proficient, with an emphasis on using Excel.
• Well-motivated self-starter who can demonstrate innovative and creative thinking.
• Ability to lead and direct through excellent team working skills with experience of motivating and developing multi-disciplinary technical teams.
• Enthusiasm for and commitment to establishing a successful technical framework.
• Ability to implement corporate policies and procedures.
• Understands the methodologies used in a software development and support environment e.g. Agile, Waterfall, ITIL.
• Proven track record of delivery and exceeding business objectives.

Desirable Criteria

• Understanding of programming languages such as SQL and/or C# coding language is not required but may be beneficial.

What we offer:

We 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.

The 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.