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WTW · 1 day ago

Senior Associate, Pension Calculation Administration

United States

Full-time

Remote

Mid, Senior Level

$72K/yr - $105K/yr

5+ years exp

WTW is a leader in the defined benefit outsourcing business, seeking a Senior Associate for Pension Calculation Administration. In this role, you will contribute to retirement administration activities, focusing on complex pension calculations and serve as a technical leader and subject matter expert for clients and internal teams.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Responsibilities

Enhance your knowledge of all aspects of retirement plan administration

Enjoy a well-defined career path with opportunities for growth and advancement

Leverage the most cutting-edge tools and resources and some of the world’s experts in retirement plan design, management and pension administration

Deliver superior, consistent client management and deliverables in support of a Director for assigned clients:

Serve as primary, daily contact to clients on delivery of calculation related issues services and raise appropriate issues to Directors

Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues

Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects

Manage a diverse set of pension administration services individually and through team initiatives

Review complex pension benefit calculations in accordance with plan provisions, Internal Revenue Code, ERISA, and other legal regulations (e.g. transfers, QDRO’s)

Review pension benefit commencement packages

Ensure that work of self and team is delivered in accordance with professional and work excellence standards

Deliver formal and informal process training to both team members and client contacts

Qualification

Pension calculationsBenefits administrationClient managementMicrosoft Office ExcelTeam project managementMentoring junior staffCommunication skillsInterpersonal skillsProblem-solvingSelf-motivated

Required

Bachelor's degree or prior benefits administration experience required

5 or more years' of calculation experience in administration of defined benefit plans, preferably gained in a benefits consulting environment; experience in implementation of pension outsourcing processes a plus

Must have experience collaborating with other colleagues in different countries

Excellent written and verbal communication skills

Proven experience successfully managing multiple team projects simultaneously and producing quality deliverables on time and within budget

Experience mentoring and developing junior staff

Demonstrated success in managing client issues and relationships with some experience in growing relationships with current clients

Strong interpersonal and team skills

Flexibility and proven ability to diagnose and resolve issues; strong client service orientation

Proficient in Microsoft Office Excel

Ability to work independently and on client teams in a fast-paced environment

Sense of accountability; owning one's work and taking pride in it

Self-motivated

Ability to travel and work extended hours as needed

Benefits

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)

Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.