Benefit Administration Analyst

Description and Requirements

General Description:

Entry-level role in the Benefit Administration team. Responsible for providing administration and analytical support to senior team members. Gain understanding of the design, operations, and regulations governing defined benefit plans.

• Process and manage pension requests. Includes first calculation/paperwork for active plans, data inquiries, and updates.
• Reconcile participant data changes and year end reporting.
• Work directly with clients and respond to participant questions.
• Analyze calculation breakpoints. Includes identification and testing.
• Create or run participant data reports. Analyze and manipulate data files.
• Review and approve payments to participants.
• Meet the company’s CRM case efficiency and accuracy metrics.
• Participate in an out-of-scope project. Includes Plan Termination, TV Buyout, and new client implementation.
• Conduct work with a high level of quality and efficiency.

• Bachelor’s degree in mathematics, business, finance, or related field preferred.
• Basic knowledge of pension plans.
• Strong time management and organizational skills.
• Ability to analyze and understand large data sets.
• Excellent communication skills.
• Strong problem solving and systematic thinking skills. Includes ability to breakdown calculations specific to client plans.
• Proficient in Microsoft Office products, including Excel.
• Ability to work well in a team environment and independently.

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including potential for compensation incentives, medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.

Annual salary range is $45,000 - $50,000, plus potential compensation incentives.