Benefit Pension Analyst

Experienced Temp to Hire F/T Defined Benefits Pension Analyst Needed to Work in Schaumburg, IL

Our client, a busy and growing TPA located in Schaumburg, Illinois, is currently looking to hire an experienced full-time Defined Benefits Pension Analyst. You must have at least 2 years of defined pension benefits work experience.

This is a fully onsite full-time position working Monday-Friday from (8:00am to 5:00pm) for a total of 40 hours paid per week.

Job Responsibilities

• You will be the primary point of contact for inquiries related to pension benefits, eligibility. retirement planning options, etc.

• Verify and process pension and annuity applications, and related documents.
• Answer all members’ and pensioners’ inquiries via phone, through email, or in person.
• Prepare member pension applications, statements, and estimates.
• Maintain participant and retiree records related to pension eligibility.
• Assist with month-end balancing and issuing monthly benefit payments to retirees.
• Keep up-to-date records for deceased retirees, spouses, and beneficiaries, overpayment recovery, and correspondence with survivors/family with benefits information.
• Update and work with the Health & Welfare Department as needed.
• Review Plan Documents, Summary Material Modifications (SMMs), and Summary Plan Descriptions (SPDs) to gain a solid understanding of each plan.
• Track all missing participants and our attempts to locate them.

Job Requirements

• At least 2 years of recent and related work experience with defined pension benefits, pension processing, or pension administration.
• At least 2 years of pension calculations and enrollment experience is required.
• A High School Diploma is required.
• Preferred knowledge of multi-employer pension plans, specifically defined benefits, and defined contribution plans.
• Exceptional interpersonal, customer service, and communication skills.
• Must be detail-oriented, have the ability to multitask, and have excellent time management skills.
• Microsoft Office and technical computer proficiency.

If you or anyone you know is interested, qualified, and currently seeking employment please send an updated resume to us for immediate review and consideration.