MALVERN, Pennsylvania, United States
19 hours ago
Senior Defined Benefits Analyst

#1 “This Job Matters”

The Senior Defined Benefit Pension Analyst is a highly visible role within our overall Retirement Team. The Senior Defined Benefit Pension Analyst will provide expert direction to the SGC businesses, Human Resources, and third-party administration (TPA, actuaries and administrators) regarding pension-related issues. You will ensure the smooth operation of our Defined Benefit Pension Plan offerings and help our employees understand how the plans work and why this is such a valuable part of their overall retirement package.

During a typical day, you will be performing tasks that will ensure the smooth operation of the administration of our Defined Benefit plans. You will work closely with TPAs, actuaries, legal counsel, HR, and payroll while making sure that our participants’ data is correct in the TPA recordkeeping system so that benefit calculations are completed accurately, and retired participants are paid timely and accurately. You will support every business in North America, working on over 30 different pension formulas and servicing approximately 25,000 actives, terminated vested, and retired lives. You will collaborate with HR and Total Rewards to roll out any new retirement offerings or enhancements and help communicate such changes. You will help our HR partners and our employees understand our plans by giving presentations and answering questions. You will gain exposure to our senior leaders by helping them understand the complexities of the qualified and non-qualified plans in which they participate. Occasional travel may be necessary. You will be responsible for gathering documentation for the annual plan audit and Form 5500 and 8955-SSA. Review draft Form 5500 and 8955-SSA, review questions with DB Manager and auditors.  You will lead special projects, such as data analysis, data remediation and clean-up.

 

Confirm your E-mail: Send Email