Newark, DE, USA
3 days ago
Pension Calculation and Operations Analyst

Are you a hands-on Pension Analyst looking to join a large in-house retirement operations team at one of the world’s 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 issuesResearch and validate participants in accordance with plan rules and regulationsDetermine pension benefit payable to participants and/or surviving beneficiariesResearch plan discrepancy issues and review plan document provisions for benefit calculationsAnalyze, review, and guide Pension Operations teams to the resolution of escalated client or participant issuesCollaborate with actuary as neededAnalyze, research, and resolve complex issues as assignedUnderstands 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 skills

Preferred qualifications, capabilities, and skills

Bachelor's 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 preferred Experience in Project Management and/or AnalyticsExperience in financial analysis, data management and data quality are an asset

 

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