Pension Analyst

Mostly Remote Temp-to-Hire F/T Experienced Pension Analyst Needed in Chicago Near Chinatown Our client, a growing and busy Union Health and Welfare Fund located in Chicago near the Chinatown area, is looking to hire an experienced mostly remote temp-to- hire full-time Pension Analyst. This is a mostly remote position working full-time Monday-Friday (9:00am to 5:00pm) for a total of 37.5 hours per week.

Job Responsibilities Perform daily pension administration tasks including but not limited to analyzing and calculating various pension benefits by applying the appropriate tax rules under the IRS, the federally governed rules under ERISA, and rules and regulations of the plan. Investigate and troubleshoot issues within the pension benefit administration system in collaboration with technical and non-technical resources. Maintain knowledge of trends, developments, and changes in pension regulations and compliance while applying this knowledge to ensure that pension plans are properly administered.

Demonstrate and maintain a thorough understanding of the pension plan provisions and the corresponding requirements for the pension system. Research retirement plan issues and regulations. As a subject matter expert and point of contact, provide analytical support, and serve as a data and technical resource for the Pension Department. Assist in preparing information reporting for quarterly Board of Trustee meetings.

Prepare and provide weekly, monthly, quarterly, and annual compliance reports. Report on status of tasks and goals assigned to the Pension Department. Coordinate with internal and external stakeholders in the planning and analysis of efforts for new system implementations, system upgrades, enhancements, and maintenance. Create and execute test plans for new system implementations, system changes, and user acceptance testing. Effectively communicate with internal departments.

Record, enter, and update member status to track progress of member files such as pensioner completed, incomplete, denials, disabled, pended, RBDs, vested benefit future payments, complete payments, and beneficiaries. Participate in special projects. Attend and participate in all company meetings. Create agendas using the Purpose, Outcome, and Process (POP) Model.

Job Requirements A minimum of five (5) years’ of demonstrated defined benefit experience processing pension and/or retiree benefit claims experience working in a Taft-Hartley environment, third party administration (TPA), non-profit, labor union and/or mission-driven organizations. Bachelor’s Degree in Statistics, Mathematics, Analytics, or related field preferred. Certified Employee Benefit Specialist (CEBS) and Project Management certification is preferred. Advanced knowledge and understanding of Defined Benefit principles and legislation.

Demonstrated mathematical, technical, analytical, critical thinking, problem-solving, and project management knowledge and experience. Excellent written, verbal, and non-verbal communication skills Must have strong organizational and time-management skills. If you or anyone you know is interested, qualified, and currently looking for employment please send an updated resume and answers to the questions below to emur for immediate review and consideration. Pre-Screening Questions How many years of pension benefits administration experience do you currently have?

How many years of pension calculations experience do you have? Do you have a Bachelor’s Degree completed? If yes, in what field? What is your desired minimum yearly compensation? Is Chicago near Chinatown a good location for you to occasionally commute to?