Pension System Analyst

Salary: Competitive

Location: Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

United Kingdom

Apply by: 21/06/2024

Pension System Analyst

Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

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About the role

As the System Pension Analyst, you will be responsible for developing and maintaining the Pension Administration system.

Providing a high quality service to our system users and delivering an excellent colleague experience,  this is a fantastic opportunity to champion best practice in a thriving and busy team. 

This position would suit someone with a strong level of Pension systems experience and/or DB Pension Scheme administration. 

The Hiring Manager for this vacancy is Keith Pleasance

You will be responsible for

  • Being a first line response to capture, investigate and resolve system issues
  • Maintenance and development of the Pensions administration system
  • Expertise areas may include: Calculations, processes (workflow), document generation, data reporting
  • Testing system functionality, including peer review and sign-off duties
  • Delivering system and administration projects (e.g. Pensions increase, Benefit Reports, other ad-hoc projects)
  • Ensuring good governance and high quality assurance standards
  • Identifying areas for both systems and administration improvement
  • Capturing user feedback and system change requirements
  • Interpret user/change requirements and pensions technical to draft system specifications and proposals
  • Providing support and training to the administration teams and member services teams
  • Being pro-active in identifying areas for improvement and efficiency. Be a champion for best practice and manage risk
  • Liaising with our administration teams, other internal teams and key stakeholders
  • Liaising with software developers, third party providers, scheme advisors
  • Forging strong relationships with our administration teams, understanding our administration function and processes
  • Following our Business Code of Conduct and always act with integrity and due diligence

You will need

  • Strong level of Pension systems experience and/or DB Pension Scheme administration
  • Experience of technical benefit calculations 
  • Experience of using pension systems and proficient in Pension calculations
  • Up to date knowledge of UK Pensions legislation
  • Experience of systems testing (desirable)


What’s in it for you

We’re all about the little helps. That’s why we give our wonderful colleagues bags of benefits. Including wellbeing services, an award-winning pension scheme and much, much more, our colleague reward package keeps on giving.  And helps make every day a little better for you and your family.  These include but are not limited to:

  • Colleague bonus scheme
  • Holiday starting at 25 days plus a personal day (plus Bank holidays)
  • Buy holiday salary sacrifice scheme (for salaried roles)
  • Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
  • Life Assurance - 5 x contractual pay
  • 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 4 weeks fully paid paternity leave
  • The right to request flexible working from your first day with us
  • Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing
  • A Colleague Clubcard for you & a family member (after 3 months of service), giving you access to lots of discounts in-store & online
  • Great colleague deals and discounts, saving you money on everyday purchases, eating out and utility bills for the home
  • Access to our colleague networks providing a space for colleagues to come together from a range of backgrounds. For more information about our colleague networks please click here 
  • Opportunities to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want

Click Here to read more about the full range of benefits we have available for our colleagues

About us

Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is ‘Serving our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.

We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We’re proud to have been accredited Disability Confident Leader and we’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here.

We’re a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you.  We work in a more blended pattern - combining office and remote working.  Our offices will continue to be where we connect, collaborate and innovate.  If you are applying internally, please speak to the Hiring Manager about how this can work for you - Everyone is welcome at Tesco.

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