Pension Calculation Automation Analyst
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Finance & Banking
Job Description & How to Apply Below
What You'll Do
As a Pension Calculation Automation Analyst I, you will get the opportunity to complete desktop tool coding primarily within Excel and Visual Basic – related to Defined Benefit (DB) calculation automation to drive pension customer experience, scalability, and mitigate risks for the organization. Use DB calculation experience to provide recommendations for improvements and automation. Serve as an expert for internal and external contacts by providing services and support around data, analytics, and calculation.
Hereare a few of things you’ll do:
- Responsible for analyzing, creating, and fixing defects within DB calculation desktop tools. Deliver the solution to the production environment and provide ongoing support for defects/fixes and internal improvements as necessary.
- Partner and support defined benefit plan onboarding team to assure that the calculation system can be set up according to specifications and request clarification as necessary when interpreting plan specifications.
- Follow firm and line of business processes, protocols and quality standards in the development and deployment of solutions for all implementations and ongoing servicing.
- Perform highly in-depth quality reviews through detailed testing for tools and calculation system output.
- Raise appropriate issues and potential delays related to desktop tool implementation or fixes.
- Assist with development of new tools, processes, and solutions to create efficiencies and business outcomes.
- Assist with mentoring, training, and development of team members on specific items assigned, based upon experience.
- 3+ years of DB product knowledge.
- Familiarity within DB pension field required.
- Calculation system or DB calculation experience preferred.
- An associate degree or higher in math, actuarial science, statistics, or a similar field is helpful.
- Understanding of pension administration technology, calculation formulas.
- Planning, problem solving, analytical, time management decision making, and interpersonal skills required.
- Strong mathematical, technical, and analytical skills along with keen attention to detail.
- Strong communication skills across multiple mediums – including both long- and short- form written and verbal formats. Ideally able to illustrate mathematical examples in an easy to digest format.
- Experience mentoring and developing junior level team members.
- Ability to interpret sophisticated, detailed plan provisions.
- Ability to handle a full workload and prioritize.
- Be a team player and a positive influence in a team environment.
- Strong proficiency in Excel is required, experience with Visual Basic is preferred.
- Experience working with databases is preferred.
- High integrity and discretion to ensure the confidentiality of sensitive client data.
Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
SalaryRange (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$55800 - $152400 / year
Salary DetailsWichita, KS:
Pension Calc. Automation Analyst I: $55,800 - $75,600 / year
Pension Calc. Automation Analyst II: $69,300 - $94,500 / year
Pension Calc. Automation Sr. Analyst: $84,600 - $114,300 / year
Des Moines, IA:
Pension Calc. Automoation Analyst I: $58,900 - $79,800 / year
Pension Calc. Automation Analyst II: $73,150 - $99,750 / year
Pension Calc. Automation Sr. Analyst: $89,300 - $120,650 / year
Charlotte, NC:
Pension Calc. Automation Analyst I: $62,000 - $84,000 / year
Pension Calc. Automation Analyst II: $77,000 - $105,000 / year
Pension Calc. Automation Sr. Analyst: $94,000 - $127,000 / year
Chicago/Minneapolis:
Pension Calc. Automation Analyst I: $68,200 - $92,400 / year
Pension Calc. Automation Analyst II: $84,700 - $115,500 / year
Pension Calc. Automation Sr. Analyst: $103,400 - $139,700 / year
Los Angeles/New York City:
Pension Calc. Automation Analyst I: $74,400 - $100,800 / year
Pension Calc. Automation Analyst II: $92,400 - $126,000 / year
Pension Calc. Automation Sr. Analyst: $112,800 - $152,400 / year
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