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Calculation Analyst – GMPe

Position Overview

We are looking for experienced Calculations Analysts and part qualified actuaries with industry experience to join us as we grow our GMPe team.

As part of this role, you’ll be working in Isio’s Actuarial & Consulting team – over 400 pensions consultants and actuaries advising a diverse range of clients and stakeholders across the private, public, and not-for-profit sectors.


Role and Responsibilities

    • Support the delivery of Actuarial and Pension calculations projects for Isio’s clients.
    • Undertake data analysis to identify data requirements.
    • Extract data from Pension Administration Systems, transform data and load data into modelling tools.
    • Analyse data from various sources, such as trust deeds & rules, benefit specifications, valuations reports, admin platforms etc identify and fill data gaps, communicate findings.
    • Support the production of calculation and project requirements documentation.
    • Ensure data accuracy, consistency, and integrity.
    • Configure systems and modelling tools to execute calculations, analyse results, and identify remediation actions.
    • Produce Client reports including supporting the development of consulting advice.
    • Participate in client meetings and project status calls.
    • Test results and outputs on Pension and Actuarial calculation and data projects
    • Understand the project needs and define the test approach and planning.
    • Define testing requirements, drafting test plans, coverage, scripts and expected results from project documentation and by working with the project team.
    • Analyse results and identify remedial actions.
    • Liaise with clients, third parties and client departments.
    • Support the technical development of our technology platforms through participation in new and/or enhanced developments.
    • Provide support to the line manager in the effective management of any staff under their direct control.
    • Facilitate internal and external system training when required.

Key Skills & Experience

    • 4-5 years working in the defined benefit pension scheme project arena including working on complex pension calculations and/or data analysis including complex data manipulation, including GMPe projects.
    • Comprehensive / advanced Microsoft excel skills.
    • Proficient in IT including Microsoft package, pension administration systems and calculation systems.
    • Experience in working with clients, and various internal teams, and ability to work productively as part of a project team.
    • Experience in identifying client needs and providing consultancy expertise.

Where is the role?

We can offer a range of locations for you to choose from – we have Isio offices in Belfast, Birmingham, Bristol, Croydon, Edinburgh, Glasgow, Leeds, London, Manchester and Reading.

We work on a hybrid basis, offering the opportunity for colleagues to split their working time between working in the office and at home.

As a business we are great at building strong communities amongst our employees – both across locations and teams, hosting regular team building, charity, and social events.

Demonstrated Commitment to our Core Purpose

  • Power in Partnership: We work in partnership with our clients & each other – building open and trusted relationships. Working together allows us to deliver the best for our clients.
  • Future Focus: We want to push our industry forward by solving problems in better ways that benefit both our clients & society.
  • Strength in Difference: We work with diverse perspectives to find better solutions. Working with differences makes us stronger.
  • People First: We recognise that pensions is a people business. People are the source of Isio’s expertise and it is people’s lives that we affect through our advice.

What we offer you

Isio is a people business, and we’re committed to helping our great colleagues gain a wide variety of experience, significant development opportunities and progression through the business. The variety of work that’ll be available to you will enable you to do this.

On top, we also offer:

  • competitive remuneration package, including a bonus scheme.
  • A defined contribution pension scheme.
  • Life insurance.
  • Healthcare benefits.
  • Income protection benefits.
  • 25 days annual leave (plus bank holidays) as standard with the option to purchase additional days of holiday. As well as two additional ‘Company’ days – a celebration day for your birthday and an extra day over Christmas.
  • Corporate Social Responsibility (CSR) allowance
  • Flexible working opportunities.
  • flexible benefits package.
  • Internal development programmes including (technical and non-technical) training support and mentor programmes.
  • Where required study support including study days, materials and exam entry support.

What’s next?

Click on the ‘apply’ and follow the simple application process on-line.

If you think you may require a reasonable adjustment to be made for any reason at any stage of your recruitment process, please email our HR team.

About Isio

Isio was ‘born’ in 2020 from the sale of KPMG UK’s Pension Practice to a private equity firm. An industry-leading challenger, we provide diverse expertise spanning Pensions, Investment, Benefits and Wealth to give clients an integrated experience.

Isio is built by challengers, innovators and forward-thinkers, grounded around a vision which strives to deliver greater financial confidence for everyone. We empower and develop those who join us – valuing curious minds and giving people the freedom to outperform. Known and respected for our agility, we harness specialist experience, bold thinking and the desire to push the boundaries of what we can achieve for our clients, from small to blue chip, public to private.

Isio is growing and we are looking for people who share our purpose and behaviours to join us on this journey, as we continue driving exceptional results for both our clients and people.

We are committed to equality, diversity and inclusion – bringing your whole self to work every day. We have hubs across the UK and many of our roles are flexible in location to help create a work-life balance that works for you.

Isio Group is an equal opportunities employer and we welcome applications from all suitably qualified candidates.

  • Job Type: Experienced Job
  • Area of Specialism: Consultancy, Pensions
  • Experience Level: Part Qualified (1-10 exams)
  • Location: Belfast, Birmingham, Bristol, Croydon, Edinburgh, Glasgow, Leeds, London, Manchester and Reading.
  • Contract Type: Permanent
  • Employment Type: Full Time, Part Time
  • Start Date: Immediate
  • Date Posted: 03 Jul 2024
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