Technical Services Support

Posted 4 Days Ago
Be an Early Applicant
Darlington, Durham, England, GBR
In-Office
Mid level
Fintech • Payments • Financial Services
The Role
Provide specialist technical pensions support: produce and review benefit calculations, investigate complex queries, analyse pension data and reports, support projects and regulatory changes, contribute to process improvements, and ensure accuracy and compliance across member services.
Summary Generated by Built In
Pensions Technical Analyst
Intro

Pensions Technical Analyst (known internally as Technical Services Support)
Permanent, Darlington, Hybrid

If you're an experienced pensions professional who enjoys solving complex queries, working with pension scheme data and delivering accurate member outcomes, this could be the perfect next step for you.

Joining our Member Services team, you'll play an important role in ensuring members receive accurate pension benefit calculations and technical support throughout their pension journey. You'll work on a variety of challenging cases, contribute to continuous improvement initiatives and help maintain the high standards of service our members expect.

This is an opportunity to deepen your technical pensions expertise, work alongside knowledgeable colleagues and make a meaningful difference to the financial futures of thousands of members.

Who we are

Railpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds.

Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.

Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. 

The role

As Technical Services Support, you'll provide specialist technical knowledge and support across our pension administration activities, ensuring calculations, reports and member information are delivered accurately and efficiently.

You'll be responsible for:

  • Producing and reviewing pension benefit calculations across a range of member scenarios.

  • Providing technical support and guidance to colleagues across Member Services.

  • Investigating complex pension queries and resolving issues effectively.

  • Producing and analysing pension data, reports and management information.

  • Supporting projects, regulatory changes and scheme developments.

  • Contributing to process improvements that enhance efficiency and member experience.

  • Maintaining high standards of accuracy and compliance in all aspects of your work.

  • Building strong working relationships with colleagues and stakeholders across the business.

The person

We're looking for someone with a strong technical pensions background who enjoys working with detailed calculations and complex pension legislation.

To be successful in this role, you'll likely have:

  • Experience working within the pensions industry, ideally in defined benefit pensions.

  • Strong knowledge of pension benefit calculations and pension administration processes.

  • Excellent analytical and numerical skills.

  • Experience using Microsoft Excel to analyse data and support decision-making.

  • The ability to interpret and apply pension legislation and scheme rules.

  • Strong attention to detail and a commitment to delivering high-quality work.

  • Excellent communication skills and the ability to explain technical information clearly.

  • The ability to manage competing priorities and work effectively to deadlines.

  • A collaborative approach and a willingness to support colleagues across the team.

It would be beneficial if you also have:

  • Experience of buy-in and buy-out transactions.

  • Experience supporting technical pensions projects or regulatory change initiatives.

Don't worry if you don't have experience in every area. If you bring strong pensions knowledge and a willingness to learn, we'll support you in developing your expertise.

What we can offer youRewarding you
  • A competitive salary (depending on experience)

  • 28 days annual leave plus bank holidays

  • Generous annual bonus plan

  • We provide membership of the Railways Pension Scheme, a Defined Benefit arrangement under which you get a pension for life and a lump sum when you retire, based on your length of service and pay

  • 4x Life Assurance cover

  • Colleague referral scheme

Heath & Wellbeing
  • Private Medical Insurance

  • Private Bupa Dental

  • Employee assistance programme

  • Health cash plan

  • Eye care vouchers

  • Flu vaccination

Lifestyle
  • We support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leave

  • Buy and sell holidays

  • Give as you earn scheme

  • Paid volunteering days

  • Flexible half days leave

  • Electric vehicle leasing

  • Cycle to work scheme

Next Steps

If you would like to apply, please click on the apply button or visit our Careers Page by 21st August 2026.

Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.

Skills Required

  • Experience working within the pensions industry, ideally in defined benefit pensions
  • Strong knowledge of pension benefit calculations and pension administration processes
  • Excellent analytical and numerical skills
  • Experience using Microsoft Excel to analyse data
  • Ability to interpret and apply pension legislation and scheme rules
  • Strong attention to detail and commitment to delivering high-quality work
  • Excellent communication skills and ability to explain technical information clearly
  • Ability to manage competing priorities and meet deadlines
  • Collaborative approach and willingness to support colleagues
  • Experience of buy-in and buy-out transactions
  • Experience supporting technical pensions projects or regulatory change initiatives
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The Company
HQ: London
556 Employees

What We Do

The Railways Pension Scheme is one of the UK’s largest and longest established pension funds. Railpen is responsible for the safekeeping and investment of around £34 billion on behalf of the scheme’s 350,000 members who are connected to the railway industry. Railpen's purpose is to secure our members' future. To achieve this we invest the scheme’s assets to generate strong returns over the long term. Our members and their employers trust us with this very significant responsibility. We are proud of this responsibility, take it very seriously, and are committed to, and passionate about, improving their future lives. Generating the required returns is challenging. To be successful we must constantly strive to be considered a world-class asset owner by our stakeholders, with a proven track record of adding value for our members. This means we have to have excellent people, doing exemplary work, in every part of our business. We use the size of our assets to invest wisely and influentially. Our convictions and a clear set of investment beliefs guide us through complex and changing markets. We’re not afraid to think innovatively or act boldly in the best interests of the members we are proud to serve

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