Senior Retirement Administration Specialist PRN

Senior Retirement Administration Specialist

The Retirement Plan Specialist Senior is key to the support administration of all network retirement plans with a focus on defined benefit plans, defined contribution plans, and non-qualified deferred compensation plans. In this role you will serve as consultant to all network coworkers, coordinates response to coworker or retiree issues by direct intervention or through external resources, and assure the interface of necessary information between Payroll, HRIS, actuarial firms, trustees, and benefits staff.

Franciscan Health is a leading healthcare organization dedicated to providing exceptional patient care and promoting health and wellness in our community. Our mission is to ensure that every patient receives the highest quality of care through innovation, compassion, and excellence. With 11 ministries and access points across Indiana, Franciscan Health is one of the largest Catholic health care systems in the Midwest.

Franciscan Health takes pride in hiring coworkers who provide compassionate, comprehensive care for our patients and the communities we serve.

What You Can Expect:

• Administer the daily administration of 401(k), 403(b), 457(b), 457(f) and defined benefit plans requesting benefit calculations from the plan actuary and prepares appropriate paperwork. Inform prospective retirees about their options by referring to relevant plan documents prior to finalizing applications.
• Follow up as necessary prior to new payment setup in Trustee system.
• Research plan over payments, requests stop payment/reissues/ACH reversals and follow up with participants or participants' survivors to recover funds due to the plan.
• Maintain participant data regarding address and banking information. Utilize, maintain, and reviews electronic files of scanned back-up records of participant applications and other pension-related documents.
• Educate active and inactive coworkers, and beneficiaries on vesting, plan participation, payment elections and other retirement details.

Qualifications:

• Bachelor's Degree Human Resources, Business Administration, or related field, or a Certified Coworker Benefits Specialist (CEBS) certification
  - Required
• 5 years Professional hands-on coworker benefits administration experience of retirement plan administration
  - Required
• 5 years In-depth understanding of defined benefit retirement plans, defined contribution retirement plans, non-qualified deferred compensation plans, and the laws/regulations that impact each
  - Required

Travel is required:
Never or Rarely

Job Range:
Senior Retirement Administration Specialist $58699.62-$80711.98

Incentive:
Not Applicable

Equal Opportunity

Employer:

It is the policy of Franciscan Alliance to provide equal employment to its employees and qualified applicants for employment as otherwise required by an applicable local, state or Federal law. Franciscan Alliance reserves a Right of Conscience objection in the event local, state or Federal ordinances that violate its values and the free exercise of its religious rights. Franciscan Alliance is committed to equal employment opportunity.