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Fidelity Investments · 6 hours ago

Senior Pension Administrator - Core Market Defined Benefits

Smithfield, RI

Full-time

Hybrid

Senior Level

Fidelity Investments is a leading financial services company, and they are seeking a Senior Pension Administrator to manage complex calculations and transactions in a multi-client environment. The role involves servicing clients in defined benefit retirement plan administration and ensuring accuracy in financial transactions.

Asset ManagementFinanceFinancial ServicesRetirementWealth Management

Growth Opportunities

No H1B

Responsibilities

Play an integral role servicing existing and new clients in defined benefit retirement plan administration, including a full range of administrative and operational support services to a variety of defined benefit clients and plan participants in a fast paced and time critical environment

Process various types of calculations and disbursement set ups, meeting timeliness and accuracy standards

Review and triage all participant requests to determine correct resolution and routing. Manage and monitor workflows

Interpret plan rules to ensure correct calculations and disbursements. Build calculation tools

Analyze and process transactions to ensure proper quality standards for calculations, disbursements and data updates

Contact participants to explain calculations or resolve participant/client related issues. This could be by phone or letters and forms

Support external client and internal audit requests by providing requested documentation, conducting research and answering questions as a client and plan expert

Manually calculate and review pension benefits for plan participants

Support the monthly testing of various systems upgrades and releases

Participate in special departmental projects

Qualification

Defined Benefit knowledgeMath skillsAnalytical skillsExcel proficiencyOrganizational skillsProblem-solving initiativeCommunications skillsAttention to detailWork independentlyTeamwork

Required

Bachelor's Degree (Mathematics, Finance or Business preferred) or equivalent work experience

Defined Benefit knowledge and experience is a plus, but not required. Associates will be given training on DB and calculations which will be required to be successful in the role

Strong math, analytical and intuitive skills. Ability to build calculation tools

Motivated and committed to precision; positivity and 'can do' work ethic

You're a great teammate, and meet individual timeliness and accuracy goals

Ability to adapt to an evolving environment

Strong organizational skills and attention to detail

High integrity and discretion to ensure the confidentiality of sensitive client data

Demonstrate initiative in solving problems and implementing solutions

Ability to work independently

Strong PC Software skills (i.e. Excel, Outlook, and Word)

Strong communications skills