Graduate - Onboarding Calculations - Glasgow - 2026

Job description

Job DescriptionThe Onboarding Calculation Development Programme has been designed to help you reach your potential. You'll gain hands‐on work experience and build a strong skill set whilst earning a competitive salary with access to outstanding employee benefits.

This is a fantastic opportunity to join a collaborative, forward‐thinking team that's passionate about delivering market‐leading, compliant products that meet the evolving needs of our customers.

You'll receive support every step of the way, with access to core skills training and guidance from your line manager. As part of a graduate cohort, you'll also connect with peers through networking opportunities and social events.

The role at a glanceThe Manual Calculations Team is the technical backbone of pension administration, responsible for ensuring that every benefit figure provided to members is accurate, compliant, and clearly explained. Their work blends analytical skill, deep scheme knowledge, and careful judgement.

The team handle calculations that cannot be automated. They translate Scheme Rules into calculation steps to make sure the outcome aligns with legislation.

Benefits are calculated for retirements, transfers, deaths, divorces, trivial commutations, and other key life events.

The team act as a resource for administrators, answering queries, reviewing complex cases, and helping colleagues understand calculation logic.

What you'll be doing

Build knowledge of Defined Benefit pension schemes

Support member servicing by handling a wide range of customer requests, updating individual member information

Grow technical calculation skills by contributing to manual pension calculations across multiple schemes, gaining hands‐on experience that strengthens your analytical capability

Work alongside experienced colleagues, sharing knowledge and building confidence

Study toward the Certificate in Pensions Administration, Pension Management Institute qualification. You'll receive structured training, on‐the‐job learning, and full support as you work toward your professional accreditation.

Who we're looking forWe're not expecting prior industry experience, but we'll want to see that you have the tools to develop quickly. These include:

A 2.1 Degree or above in a STEM subject

Curiosity and a strong desire to learn

An analytical mindset with problem‐solving skills

Excellent written and verbal communication skills, with great attention to detail

Strong organisational skills and the ability to manage multiple priorities

A flexible, collaborative team player

Understanding of Microsoft Excel (skilled with formulas, filtering and lookups)

Confident of working with numbers and checking calculations

Ability to follow structured calculation steps accurately

Additional InformationAt L&G, we believe it's possible to generate positive returns today while helping to build a better future for all.

If you join us, you'll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part‐time, term‐time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.

It doesn't matter if you don't meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.

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Extra information

Status

Closed

Education Level

Secondary School

Location

Glasgow

Type of Contract

Full Time Jobs

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English