Buck Pensions Analyst - Projects Team in Bristol, United Kingdom
BUCK - A 102-year-old firm that is JUST GETTING STARTED.
Pensions Analyst (Projects Team) – Pensions Operations - Bristol
We offer market leading Pensions Administration solutions to a wide portfolio of clients.
Our web-based and mobile-first platform provides participants with an enhanced retirement planning and readiness tools, as well as access to pension statements and a comprehensive resource library.
Our integrated administration platform includes case management, document management, and ad-hoc reporting to provide administrative staff with the productivity and efficiency tools they need to get the job done.
As a Pensions Analyst in our Projects team, you will work with a range of pension projects specialists to deliver a high-quality service for new and existing Buck clients for all the UK offices.
You will be working alongside the administration teams and technical specialists in order to produce calculation specifications, maintaining the integrity of calculations signed off.
You will work very closely with the Administration team to design and manage new procedures to create new calculations processes for the team to use.
You will essential possess experience working within pensions calculations and a thorough understand of Defined Benefits (DB) / Final salary, Hybrid, CARE or Defined contribution (DC) Pensions.
This is an excellent opportunity position which will provide the successful candidate with the opportunity to develop their technical skills with access to a variety of schemes to work with.
As the Pensions Analyst, you will be rewarded with genuine career progression opportunities and a very generous basic salary & benefits package.
Adhere to team standards, using best practices, project criteria and audit requirements;
Undertakes assigned work in a timely and accurate manor, delivering on agreed target dates;
Work closely with a variety of teams (admin, consultancy, actuarial, PSD) to ensure work progresses seamlessly through to completion;
Supports department in delivering a high-quality service to our clients;
Analysis and interpretation of scheme rules and actuarial instructions;
Identifies process improvement opportunities and supports senior staff with implementation of them;
Produces Project Update Reports for both internal and external clients;
Retain high-level knowledge of legislation within the pension areas;
Perform peer review and ensure own work is peer reviewed as appropriate.
What we look for:
Good understanding of DB (defined benefits), Hybrid or CARE Pension experience with good technical knowledge;
Strong final salary calculations experience;
Understanding of pension scheme rules and actuarial instructions;
Experience of GMP rectification or reconciliation exercise is a distinct advantage;
Intermediary to Advance Excel knowledge including pivots and VLOOKUP’s (is highly advantageous);
Strong analytical and problem-solving skills;
Ability to work productively as a team member and experience of working in a project team;
MS Office (Word/Excel/Outlook) experience;
Strong communication skills both verbal and written;
Ability to take responsibility for quality of own work and using their initiative;
Able to build constructive working relationships characterised by a high level of acceptance, cooperation, and mutual respect.
As an established company with a start-up mentality we know that our employees are key to our success. We offer a comprehensive remuneration package while taking into consideration aspects such a flexible working and factors key to a good work life balance.
What we offer:
Highly competitive salary;
Minimum 25 days annual leave (excluding Bank holidays) with the option to purchase additional (10 days) or sell back (5 days);
Private Medical cover including partner / spouse and children (at additional cost);
Excellent Defined Contribution pension provisions;
Comprehensive Life Assurance coverage up to 6 times base salary);
Interest free season ticket loan;
Company profit sharing scheme (company bonus)
Staff referral scheme;
Additional flexible benefits Scheme to support you and your family in and out of work encompassing; Health & Wellbeing, Protection and Lifestyle covering; additional Life assurance, Travel insurance, Dental insurance, Medical Cash plan, Health screening, Critical Illness cover plus many more.
At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable UK law.
We are exclusively focused on helping our clients and their people succeed together. By this, we mean we’re partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live. And we’re doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realise the best organisational performance for their businesses while driving positive health, wealth, and career outcomes for their people.
Dedicated: Devoted to a task or purpose with loyalty or integrity
Functional Expert: Considered a thought leader on a subject
Work-Life Balance: Inspired to perform well by having ample time to pursue work and interests outside of work
Self-Starter: Inspired to perform without outside help
Growth Opportunities: Inspired to perform well by the chance to take on more responsibility
4-5 years: Pensions Calculations
4-5 years: Understanding of Final Salary pensions
4-5 years: Defined benefits exp