Mercy Health · 1 day ago
Consultant - Pension Plans - System Wide
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Responsibilities
Serve as the supporting, day-to-day contact to the providers responsible for BSMH defined benefit administration
Serve as contact for HR Services Center, Payroll and other HR staff requiring retirement plans assistance
Support execution of the plan and tactical requirements to implement changes to BSMH ongoing retirement plan strategy
Assist with plan information and guidance as outlined in the various plan documents to BSMH staff as required
Assist in continuous auditing and correction of data elements necessary for smooth administration of the retirement plans and continued compliance
Assist/consult on invoicing processing related to the retirement plans budgets
Audit manual retirement calculations completed by providers when required, assisting with continued automation of calculations by the respective third-parties
Assist in documenting processes and procedures necessary to comply with financial audits, compliance audits, the annual plan valuation, completion of form 5500 and other required documents
Assist in the review and implementation of retirement plan processes, procedures, and system improvements internally with HR, Payroll and IT, and externally with providers
Monitor and troubleshoot issues that may arise in administration of the retirement plans, including the various interfaces with providers. Coordinate with the appropriate HR and Payroll departments resolution to data edits and discrepancies
Research historical plan data and plan provisions when needed
Maintain an understanding of benefit-related legislation requiring policies, procedures and audits; work with legal counsel and consultants to ensure regulatory compliance
Create and perform various queries and reports using third-party provider tools and internal HRIS system tools for the daily administration of the plans and for special requests
Coordinate and/or participate in calls with BSMH staff and providers when necessary to resolve issues, exchange/clarify information, and/or implement changes
Support the System Director – Retirement, and the Retirement Manager with research and analysis as needed
Act as functional lead on small projects as assigned
Perform other duties as assigned by Management
Qualification
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Required
Bachelor’s degree with 5+ years experience in the administration of defined benefit plans or the equivalent combination of education and experience
Experience in successful project management/project coordination with large employers with multiple plans
Experience working with outsourced DB plan administrators/recordkeepers
Experience in creating and managing budgets; analytical analyses and invoicing
Knowledge of employee benefit plans and related laws and regulations
Demonstrated expertise in the use of the Microsoft Suite applications
Experience with HRIS systems and payroll/data feeds to and from third parties
Demonstrated high level of attention to detail and accuracy
Demonstrated analytical and problem solving skills
Customer-oriented service attitude, with demonstrated experience in a customer service environment
Preferred
Experience with church plans is desirable
CEBS and/or CBP designation(s) desirable
Benefits
Comprehensive, affordable medical, dental and vision plans
Prescription drug coverage
Flexible spending accounts
Life insurance w/AD&D
Employer contributions to retirement savings plan when eligible
Paid time off
Educational Assistance
And much more
Company
Mercy Health
Mercy Health is a mission-driven, integrated healthcare organization.
H1B Sponsorship
Mercy Health has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (6)
2022 (2)
2021 (1)
2020 (13)
Funding
Current Stage
Late StageLeadership Team
Recent News
Cincinnati Business Courier
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