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Pension Calculation Analyst Jobs (NOW HIRING)

In this challenging role as a Pension Technology Consultant, you will contribute as part of a team ... RIS), Calculation Developers, Data Analysts, operational Centers of Excellence (COE) and others ...

Elicit, document, and prioritize reporting and analytics use cases (participant 360 views, pension calculations, survivor inquiries, state compliance analyses, inactive population communications ...

They are seeking a Retirement Data Analyst to support the Consolidated Pensions team by reviewing and validating member service data in PeopleSoft for accuracy in retirement benefit calculations.

Calculate complex individual member calculations, check straightforward calculations and ... Design and management of surveys and using statistical techniques in order to analyse and interpret ...

New

Analyze and reconcile vendor data and invoices by running reports, leveraging Excel to manipulate ... Conduct benefit calculations and validations (e.g., pension), coordinate communications, and ensure ...

$74K - $126K/yr

Design, build, enhance, and maintain Anaplan models supporting management fee calculations ... and pension), health and welfare benefits (medical, dental, vision, spending accounts and ...

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Pension Calculation Analyst information

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$31K

$73.3K

$130K

How much do pension calculation analyst jobs pay per year?

As of Sep 9, 2026, the average yearly pay for pension calculation analyst in the United States is $73,261.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,500.00 and $87,000.00 per year, depending on experience, location, and employer.

What does a pension calculation analyst do?

A Pension Calculation Analyst is responsible for determining the pension benefits that employees are entitled to receive upon retirement. They analyze employment histories, salary data, and plan documents to ensure accurate benefit calculations in accordance with relevant laws and policies. Their work helps organizations administer retirement plans fairly and efficiently, while also assisting employees in understanding their retirement benefits. Pension Calculation Analysts may also review and audit pension calculations, respond to participant inquiries, and support compliance with regulatory requirements.

What are the key skills and qualifications needed to thrive as a pension calculation analyst?

To thrive as a Pension Calculation Analyst, you need strong mathematical skills, attention to detail, and a solid understanding of pension plan rules, often supported by a degree in mathematics, finance, or a related field. Familiarity with pension administration software, Excel, and actuarial calculation tools is typically required, while certifications like ASPPA or CEBS can be advantageous. Analytical thinking, problem-solving abilities, and clear communication help analysts interpret complex data and explain pension outcomes to stakeholders. These skills ensure accurate pension calculations, compliance with regulations, and excellent client service in a highly regulated industry.

What are some common challenges pension calculation analysts face when interpreting complex plan documents?

Pension Calculation Analysts often encounter challenges when interpreting plan documents due to variations in plan language, amendments over time, and unique employer-specific provisions. It requires a strong understanding of pension regulations and close attention to detail to ensure calculations are accurate and compliant. Analysts frequently collaborate with legal teams, actuaries, and client representatives to clarify ambiguities and confirm correct application of rules. Staying organized and maintaining thorough documentation can help address these challenges effectively.

What is the difference between Pension Calculation Analyst vs Pension Administrator?

AspectPension Calculation AnalystPension Administrator
CredentialsTypically requires finance, actuarial, or mathematics degrees; certifications like CPC or actuarial exams are commonOften requires administrative or HR-related certifications; knowledge of pension laws and policies
Work EnvironmentAnalytical, data-driven roles within finance or actuarial teamsAdministrative, customer service-focused roles within pension or HR departments
Employer & Industry UsageFinancial services firms, consulting companies, pension fundsCorporations, government agencies, pension plan providers
Common Search & ComparisonOften compared for technical pension valuation and calculation tasksCompared for pension plan administration and client communication

The Pension Calculation Analyst primarily focuses on analyzing pension data, performing calculations, and supporting valuation processes. In contrast, the Pension Administrator handles day-to-day pension plan administration, customer inquiries, and compliance. Both roles are essential in pension management but differ in their focus and responsibilities.

What are popular job titles related to Pension Calculation Analyst jobs?

For Pension Calculation Analyst jobs, the most frequently searched job titles are:

Infographic showing various Pension Calculation Analyst job openings in the United States as of August 2026, with employment types broken down into 90% Full Time, 5% Part Time, and 5% Contract. Highlights an 80% Physical, 8% Hybrid, and 12% Remote job distribution, with an average salary of $73,261 per year, or $35.2 per hour.

Pension Technology Consultant

Arlington, VA • On-site

Socket.dev
Network Security • 1 - 10 employees

Other

Posted 24 days ago


Job description

In this challenging role as a Pension Technology Consultant, you will contribute as part of a team to the entire range of retirement administration projects. If you’re looking for an exciting opportunity, with one of the leaders in the defined benefit outsourcing business and the opportunity to grow and develop your career,

The Role

As a Pension Technology Consultant, you will play a key role for our pension administration software and service delivery business by serving as the central link between clients and internal team members in the delivery of client projects. You will collaborate with other Towers Watson lines of business to develop, implement and maintain technology–based solutions and services that meet client requirements and Towers Watson commitments. You will use your system development knowledge, defined benefit expertise and management experience to oversee new system implementations and the maintenance of existing systems and ongoing services. You will play a key role in managing and expanding client relationships. You will have the opportunity to grow your project, management, consulting, client management, leadership and defined benefit knowledge and business acumen. Other responsibilities include:

  • Drive superior, consistent project management for concurrent projects
  • Translate business needs into comprehensive project plans including objectives, timeline, deliverables, budget and quality standards
  • Serve as the day-to-day project lead, ensuring the progress of teams against established goals
  • Serve as primary, daily contact to clients on delivery of services
  • Manage client expectations and raise appropriate issues to Senior Consultants and Client Relationship Managers
  • Develop a trusted advisor relationship with client contacts through efficient, quality execution of projects, effective communication, and value-added consulting advice
  • Provide value added consulting to clients concerning defined benefit system implementation and ongoing administration including best practices, marketplace providers, cost and return on investment issues, pros and cons of solutions, etc.
  • Efficiently and effectively trouble shoot and resolve client issues
  • Train clients on use of new tools and approaches
  • Contribute to the development of new tools, processes and solutions to meet clients’ outsourcing and broader human resources needs
  • Follow firm and line of business processes, protocols and quality standards in the development and deployment of solutions
  • Manage performance of teams composed of Retirement Implementation Specialists (RIS), Calculation Developers, Data Analysts, operational Centers of Excellence (COE) and others against project goals
  • Hold regular meetings to monitor progress and identify any issues
  • Support the generation of new business to current clients through identification and introduction of new products and services that meet client needs
  • Participate in finalist presentations and other activities to help close new business

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

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