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    Pensions Calculations Analyst - UK Market

    Lisbon, Portugal

    Pensions Calculations Analyst - UK Market

    • 202407776
    • Lisbon, Portugal
    • Closing on: Mar 1 2025

    Description

    About Us

    WTW is a leading advisory, broking, and solutions company with a storied history dating back to 1828. From the Titanic in 1912 to supporting the Moon Buggy in 1971, we have a legacy of turning risk into growth opportunities. 

    Our Lisbon Regional Delivery Hub is at the heart of this innovation, with a vibrant team of over 300 professionals dedicated to excellence every day.

    The Opportunity

    Our work touches the lives of millions of people. We are dedicated to helping our clients deliver an excellent experience to the members of their pension schemes.

    The role will be working alongside a number of other skilled DB Calculation Experts (located on and offshore) who work on a large portfolio of DB occupational pension schemes. As the Outsourcing team continues its rapid growth in all areas (supporting some of the largest pension schemes in the country, supporting LifeSight, supporting some of the largest insurers in the pensions market and implementing our OneDB proposition) there is an opportunity to enhance the ways of working in the team and drive efficiencies.

    Your main responsibilities will be:

    • Analyzing business requirements, Trust Deed and Rules and other scheme documentation and planning an appropriate software solution with a focus on accuracy, build efficiency and maintainability.
    • Foster a culture of quality and instill behavior required for success.
    • Interact with third parties such as the scheme actuary and solicitors to clarify complex and technical queries.
    • Completing given tasks in a timely fashion including managing deadlines appropriately.
    • Providing an efficient, professional service to meet all client needs and to promote the WTW brand.
    • Alongside other analysts produce detailed calculation proforma from first principles and supporting automation test packs.
    • Work towards developing and optimizing end to end automation.
    • Build on technical expertise/capabilities/skills and contribute towards measurable improvements.
    • Contribute to the implementation of continuous improvement initiatives and single team culture to increase end to end automation efficiencies and results.

    Qualifications

    The Requirements

    You are the person that we are looking for if you have:

    • Experience in UK occupational pensions, particularly Defined Benefit schemes and GMP knowledge.
    • Strong understanding of UK pension legislation and historical context.
    • Proficient in MS Excel and Word; knowledge of Unix-based systems, command line, and SQL is a plus (training available).
    • Strong problem-solving, analytical, and organizational skills.
    • Effective time management with the ability to meet deadlines and prioritize workloads.
    • Self-starter with the ability to work independently or collaboratively in a team.
    • Clear written and verbal communication skills.
    • Comfortable working in ambiguity and learning new tools and technologies.
    • Process-oriented with the ability to adapt and implement solutions.
    • Familiarity with setting standards, procedures, and promoting best practices.
    • Experience in multitasking and working with virtual teams.

    Why WTW?

    At WTW, we offer more than just a job—we offer a career. Here’s what you can expect:

    • Work-Life Balance: Enjoy flexible working hours and hybrid working options to suit your lifestyle.
    • Competitive Compensation: Benefit from an attractive, performance-related remuneration system.
    • Global Exposure: Join an international consultancy with the security of a global corporation and renowned clients.
    • Career Development: Experience a steep learning curve and ample opportunities for individual career growth through on-the-job learning and specialist training.
    • Collaborative Culture: Work in a collegial, appreciative, and dynamic environment where decisions are made together.
    • Impactful Work: Quickly take on responsibility and make an impact with direct customer contact.
    • Community and Celebration: Participate in corporate events and celebrate our successes together.

    Join Us!

    Be part of a team that values innovation, excellence, and collaboration. At WTW, your career is more than just a job—it’s a journey. Apply now and turn your potential into success with WTW!

    WTW is an Equal Opportunity Employer

    Apply Now

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