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Pension Benefits Analyst – Minneapolis
MINNEAPOLIS MN 55405
Category: Other
  • Your pay will be discussed at your interview

Job code: lhw-e0-89771995

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Willis Towers Watson

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  Job posted:   Thu May 17, 2018
  Distance to work:   ? miles
       
  1 Views, 0 Applications  
 
Pension Benefits Analyst – Minneapolis
Pension Benefits Analyst - Minneapolis
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JOB DESCRIPTION**


Work with one of the leaders in Pension Administration Outsourcing!


As a Pension Administration Analyst, you will be making a valuable difference every day to our high-profile client organizations. In this role you will perform recurring plan administration services and work assignments for clients' defined benefit plans with minimal supervision and will assist with project work and other ad hoc client support services as requested.


Willis Towers Watson benefit consultants have deep experience working with organizations of all types and sizes. We've worked closely with clients to develop some of the most advanced benefit design techniques currently in use. We combine expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering and communicating all types of retirement plans.


**The Role**


As a Pension Analyst you will:


+ Prepare moderately complex benefit calculations and trust instructions

+ Collect, manipulate, reconcile and review participant data identifying and resolving issues as they arise

+ Answer plan provision questions

+ Exhibit ability to perform advanced calculations or analysis and gain in-depth understanding of specific areas

+ Work cooperatively with other team members (Willis Towers Watson plan administrators, actuaries) to help get jobs done and to ensure unified delivery of services

+ Use thorough understanding of the plan design (e.g., coverage levels, and options, eligibility, enrollment/change, termination procedures)

+ Follow and update documentation materials as directed

+ Maintain complete and accurate work papers and audit trails

+ Create internal administration manuals for clients if one does not exist (e.g., obtain and copy SPDs, plan documents, sample letters, sample calculations etc.)

+ Apply Professional Excellence concepts and use tools to ensure efficient and quality output/service delivery, e.g., do, check, review

+ Serve as a contact with clients' human resources personnel

+ Adhere to plan documents and government regulations in administering plans

+ Contribute to team discussions and training activities

+ Be accountable to team members for agreements and promises

+ Work independently asking for assistance when required

+ Train and review the work of less experienced Pension Specialists


**The Requirements:**


+ Bachelors degree in mathematics, statistics or any other major with significant quantitative course work

+ One or more years of experience preparing routine and manual benefit calculations using established procedures

+ Experience interpreting routine and moderately complex plan provisions

+ Solid mathematical and analytical skills

+ Work experience that demonstrates strong technical, and/or client service and leadership skills

+ Passion for solving problems and sharing solutions to exceed the standards of the client

+ Ability to be a self-starter and work independently, but also cooperatively in a close team environment

+ Ability to prioritize and have good attention to detail

+ Excellent oral and written communication skills

+ Excellent Microsoft Office skills, particularly in Excel (i.e. pivot tables, lookup functions, etc.)


**The Company**


Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com .


**Willis Towers Watson is an equal opportunity employer**


Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.


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**Unsolicited Contact:** Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer.


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**JOB SNAPSHOT**


+ Location:Minneapolis, MN, US

+ Date Posted:May 15, 2018

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