Benefit Processor Associate jobs in United States
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Teacher Retirement System of Texas · 1 day ago

Benefit Processor Associate

Teacher Retirement System of Texas is seeking a Benefit Processor Associate responsible for processing member records and providing customer service. The role involves reviewing member records, processing requests, and collaborating with the Benefit Processing team and agency employees.

Government Administration

Responsibilities

Actively participates in the TRS Benefit Processing training program
Performs research and analysis of member records to ensure accuracy and completeness of information and to determine eligibility for one or more types of benefit or service, such as service credit purchase, retirement estimates, service retirement, disability retirement, death benefits, refunds, or account maintenances
Verifies member’s name, address, and other demographic information
Reviews the member account to determine amount of creditable service and/or eligibility for routine refund, retirement, and reinstatement of withdrawn service
Updates or corrects demographic information
Updates member service information
Communicates with members, school districts, alternate payees, attorneys, executors, and other interested parties to verify or obtain member information and to provide information regarding complex agency laws, regulations, procedures, and processes
Reviews documents for authenticity and accuracy and processes requests relating to assigned benefit program(s)
May process lump sum refunds of member contributions including accounts involving Optional Retirement Program (ORP), Partial Lump Sum Option (PLSO), and/or Qualified Domestic Relations Orders (QDROs)
May prepare cost statements for purchase of TRS service based on withdrawn service, military service, unreported service, and out of state service
May verify the legitimacy of beneficiary designations and finalizes payments for death claims for members/retirees, including those with specialized issues such as QDROs
May process retirement estimates
May finalize applications for retirement and authorizes entry onto the annuity payroll

Qualification

Benefit processing experienceCustomer service skillsExperience in bankingExperience in accountingHigh school diplomaResearchAnalysisDocument reviewCommunication skills

Required

High school diploma or GED
One (1) year of full-time experience in banking, accounting, claims processing, benefit processing, or a customer service-related position involving interpreting, applying, and communicating complex laws, regulations, and policies or related experience

Preferred

Associate's or Bachelor's degree from an accredited college or university
Experience reviewing government, legal, or financial documents
Experience processing retirement benefits claims

Benefits

Competitive compensation package
Benefits
Retirement pension
Work/life balance

Company

Teacher Retirement System of Texas

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The Teacher Retirement System of Texas (TRS) is responsible for investing funds under its stewardship and for delivering benefits to members as authorized by the Texas Legislature.

Funding

Current Stage
Late Stage

Leadership Team

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Don Green
Chief Financial Officer
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Janie Duarte
Deputy Chief Financial Officer
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Company data provided by crunchbase