Pension Calculation and Operations Analyst

Description

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 data
• Strong mathematical and analytical skills including working experience with data analytics andconfident in reviewing validating and managing large sets of data
• Ability to balance prioritize multiple projects and understanding of risk management and time management
• Critical thinking and problem-solving skills
• Attention to detail and strong written and verbal communication skills

Preferred qualifications capabilities and skills

• Bachelors degree or equivalent work experience
• 5 years of defined benefit/pension plan administration experience including performing and reviewing benefit calculations
• Experience with Cash Plan and traditional Final Average Pay benefit structures preferred
• Experience in Project Management and/or Analytics
• Experience in financial analysis data management and data quality are an asset

Required Experience:

IC