Pension Analyst
Are you a hands-on Pension Analyst looking to join a large in-house retirement operations team at one of the worlds most admired companies? Come make a difference in our team.
As a Pension Calculation and Operations Analyst within the Pension Operations team, you will combine your in-depth knowledge of Defined Benefit plans with a strong commitment to collaboration, innovation, and client service. You will perform a variety of benefit calculations, engage in data gathering and validation, ensure regulatory compliance, and communicate with both plan participants and internal teams. This role offers the opportunity to work in a fast-paced environment and provide a best-in-class client / customer experience.
Job Responsibilities
- Provide information and advice on plan documentation discrepancies and / or guidelines, e.g., data, provisional, or other plan / client issues
- Research and validate participants in accordance with plan rules and regulations
- Determine pension benefit payable to participants and / or surviving beneficiaries
- Research plan discrepancy issues and review plan document provisions for benefit calculations
- Analyze, review, and guide Pension Operations teams to the resolution of escalated client or participant issues
- Collaborate with actuary as needed
- Analyze, research, and resolve complex issues as assigned
- Understands importance of compliance, accuracy, and confidentiality in the work
Required Qualifications, Capabilities, and Skills
Technically inclined with application experience and competence, including proficiency with various Defined Benefit Plan structures, complex calculations, and dataStrong mathematical and analytical skills, including working experience with data analytics and confident in reviewing, validating, and managing large sets of dataAbility to balance, prioritize multiple projects and understanding of risk management and time managementCritical thinking and problem-solving skillsAttention to detail and strong written and verbal communication skillsPreferred Qualifications, Capabilities, and Skills
Bachelors degree or equivalent work experience5+ years of defined benefit / pension plan administration experience, including performing and reviewing benefit calculationsExperience with Cash Plan and traditional Final Average Pay benefit structures preferredExperience in Project Management and / or AnalyticsExperience in financial analysis, data management and data quality are an asset