DB Senior Technical Transaction Analyst

Senior Technical Transaction Analyst

Location: London or Reigate

Contract: Permanent

Hours: 35 hours

Purpose

This is a key role within the Defined Benefit Solutions area to support the operational set up of new transactions from exclusivity stage which includes data preparation to enable production of factor based member option outputs. The role holder will also be responsible for providing strong technical knowledge which ensures that transitions and member benefit data structures are embedded into our process and beyond.

Through consistency and structure in our set up, we maximise efficiency, provide clarity to all area’s involved in the transition, implementation and onboarding teams which ultimately support our service commitment to our clients and members.

Key responsibilities

• Produce consistent benefit specification documentation for all new transactions.
• From exclusivity, or contract signing stage for small schemes, ensure data is in place within the member factors tool to enable member options to be produced.
• Assessment of data, which includes pricing assumptions where required, to create initial data templates for the transition team.
• Through analysis of contractual terms, update Flo to reflect contractual delivery dates for member option deliverables.
• Working alongside Post Transaction Services Manager, to provide or support assessment of each new scheme to understand complexity and support needs for the data cleanse activity.
• Support GMP Equalization work by preparing templates when required.

What we’re looking for

• Excellent Defined Benefit technical knowledge.
• Ability to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail.
• Good organisational and prioritisation skills.
• Good verbal, written communication and interpersonal skills.
• Good analytical and issue resolution skills.
• An understanding of project management would be beneficial, but not essential.
• An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial, but not essential.

What’s in it for you

• A competitive salary, pension scheme and life assurance.
• 25 days annual leave plus an additional day on us for your birthday.
• Private medical cover and income protection.
• A generous and highly achievable bonus scheme.
• Opportunities to progress your career in‑role and within the company.
• Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders.
• A variety of employee funded benefits available via our online benefits portal.
• Plus, several additional purchase options available for you and your loved ones.

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