Pension System Calculations Analyst

Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries.

EQ India began its operations in 2014 as a Global India Captive Centre for Equiniti, a leading fintech company specialising in shareholder management. Within a decade, EQ India strengthened its operations and transformed from being a capability centre to a Global Competency Centre, to support EQ's growth story worldwide.

Today, EQ India has evolved as an indispensable part of EQ Group providing critical fintech services to the US and UK. There has never been a better time to join EQ.

Role Summary

We are looking for Pension Calculation Analysts to join our team to be a part of the continual evolution of the Administrator system and rollout of our services to our client base.

It is an exciting opportunity to be a part of the growing Strategic Relationship P&L team that is responsible for the ongoing delivery of our core pension platform, and a key role within our onboarding and migrations team. This is a great role for you if you already have experience in configuring and/or testing complex calculations within packaged software platforms, pension calculations or through the use of spreadsheet functionality and are looking for that next step in your career.

The role would also suit qualified or part qualified actuarial students looking to utilise their mathematical skills in a rewarding environment and gain explosion and experience in the UK pensions market.

Job Title: Pensions Systems Calculation Analyst

Location: Electronic City - Phase 2, Bangalore

Shift: UK Shift (12:30 PM to 9:30 PM)

Work Mode: Work from office

Core Duties/Responsibilities

The Pensions Calculations Analyst is responsible for calculation configuration and testing the delivery to internal and external clients. Key aspects of the role are to:

• Undertake an analysis of requirements from user requirements or from a more detailed benefit specifications
• Agree the scope of work and to provide accurate estimates for the work
• Configure, test, implement and maintain pension benefit calculations. This will range from simple to complex calculations predominantly seen in Defined Benefit pension schemes
• Continuously develop a professional, technical, and commercially aware approach to delivery of tasks
• Analyse changes and enhancements to clients pensions schemes by taking a view of their impact on the core platform delivering the solution to our strategic client.

Skills, Knowledge & Experience

• Relevant experience and understanding of actuarial and/or pension calculations
• A good understanding of UK pensions arrangements would be desirable but not essential as training will be provided.
• Technical/Software development aptitude & ability.
• Experience of configuration and/or testing of calculations in respect of UK pension, on administration platforms and systems, desirable or a related area within calcs platform development, configuration or testing.
• Ability to understand basic data schema models
• Knowledge of PL/SQL scripts in either SQL or Oracle environment
• Knowledge of building calculation solutions using MS Excel and utilising ASPOSE to integrate into a consuming application
• Qualifications in either a financial (ideally pension services) services or IT environment
• Experience in the Pensions Industry, either as a Scheme Administrator or Business Analyst experienced in capturing requirements for Pensions IT Projects.
• Demonstrable software development capability.
• Demonstrate commercial awareness & operational efficiencies/income generation in current role.

Essential Qualities

• Be approachable and responsive to colleagues and users and have an open-minded and constructive approach to problem solving.
• Demonstrate effective and probing appraisal of situations. To consult with relevant parties in resolving issues.
• Be self-motivated, demonstrating tenacity and objectivity in problem solving to get the job done effectively.

Benefits:

Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:

• Business related certification expense reimbursement
• Comprehensive Medical Assurance coverage for dependents & Parents
• Free Cab transport for staff working in UK shift
• Accidental & Life cover 3 times of concerned CTC