JOB DESCRIPTION

Job #: 4511
Title: Pension Administrator
Job Location: Saint Louis, Missouri - United States
Employment Type:
Salary: $60,000.00 - $70,000.00 - US Dollars - Yearly
Employer Will Recruit From: Regional
Relocation Paid?: NO

WHY IS THIS A GREAT OPPORTUNITY?


Join a global Fortune 500 company with terrific benefits including the best tuition reimbursement policy around!  Position offers stability and a great work/life balance.

JOB DESCRIPTION

Description
Administers defined benefit pension plans. Consults with participants and HR contacts regarding benefit eligibility, payment options, and benefit calculation results. Maintains benefit records and prepares documents necessary for implementing benefit payments for Company business units.

Primary Responsibilities:
Research and interpret pension plan documents as needed
Work with business units, payroll centers, and HR personnel to obtain earnings and demographic date necessary to complete benefit calculations
Calculate estimated and final retirement benefits for Company’s defined benefit pension plan participants, including qualified and non-qualified benefits
Calculate benefits of Qualified Domestic Relations Orders

Secondary Responsibilities:
Program benefit calculation worksheets for plans being merged into corporate administration system; maintain system with annual updates and plan changes
Participate in other projects as requested

QUALIFICATIONS

Requirements
Skills and Experience:
Bachelor’s Degree
Prefer 5 or more years of experience administering defined benefit pension plans
Prefer advanced knowledge and experience with Visual Basic for Applications for Microsoft Excel
Working knowledge of ERISA, DOL, and IRS laws pertaining to retirement plans
Prior actuarial experience helpful

 

Education:
University - Bachelor's Degree/3-4 Year Degree

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