Job Type:Permanent
Location: Edinburgh or London offices, working in your local office 2- 3 days a week and meeting with the wider team once a month
Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Salary:£45,000 - £55,000 per annum (dependant on experience), plus bonus up to 16%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!
Closing Date: 7th February 2025
We have an incredible opportunity for an Annuities, Senior Data Analyst to join us here at Phoenix Group as in our Client Services Team within Retirement Solutions.
Who are we?
We want to be the best place that any of our 6,600 colleagues have ever worked.
We’re the UK’s largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.
The role
Working closely with the Data Analysts, Transition Managers and Reinsurance team, you will support many aspects of the overall BPA and Reinsurance implementation journeys. The role would fit somebody looking for a challenge and an opportunity to develop themselves and their career.
You will analyse scheme benefit specifications and complex pension datasets, to identify any system development requirements to our outsourced administrator’s framework. You will provide support to the BPA implementation process, including checking the Data Analysts’ data and payroll reconciliation results against our outsourced administrators and challenging any differences. Support with the validation of scheme data during implementation through to buy out ensuring all data sets are complete, accurate and fully in line with the respective benefit specifications and query logs are clear with no ambiguity. Review, update and check models ensuring these align with the benefit specifications so bulk validations and payroll projections are accurate and querying any discrepancies with the Data Analyst and/or our outsourced Administrator. Support the Transition Manager at Trustee and Scheme Administrator meetings with your knowledge of the scheme data by discussing data issues found and seeing these through to rectification at data cleanse. Build and maintain relationships with internal stakeholders, Phoenix’s outsourced administrator, scheme administrators and Trustees. Review and check management information ensuring accuracy to support the oversight of BPA and Reinsurance performance.
What are we looking for?
You will have excellent interpersonal skills with the ability to engage with a variety of stakeholders across our team and externally. You will be self-aware with the desire to exceed expectations and demonstrate resilience in overcoming challenges and determination to deliver results for the business. You will have good data analysis skills with experience of working with large pension datasets, with a keen eye for detail and good knowledge of Microsoft Office applications, in particular Excel.
Knowledge of Bulk Annuities and Defined Benefit pensions would be ideal, along with previous experience working with Defined Benefit pension data and/or reinsurance data, what we are looking for is the keenness and willingness to develop and progress in the role, highlighting and engaging with any training needs as appropriate.
We want to hire the whole version of you
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
