This position is with a reputable and established Healthcare Insurance and Pension Provider in the Glendale CA. area. The Pension Benefit Analyst will help clients/participants with their Pension Plans, process payments, process applications, retirement benefits assistance, death benefits, vesting and compliance. You must have Pension Benefit experience and knowledge. This is a "high call volume" position, and you will be assisting customers over the phone and via email all day.

Wonderful Company to work for, offering career growth and stability.

Benefits.

• Medical, Dental, Vision Plans paid 100% by Employer
• 401K with 2% Company Match
• You receive a Pension with this Employer
• 2 weeks PTO, Holiday & Floating Holiday Pay, Sick Pay
• Salary is $65K- $80K depending on experience
• Career Advancement Opportunities
• Hybrid Position

PRIMARY RESPONSIBILITIES:

· Correspond with Client/Participants, third parties, consultants, vendors, as needed.

· Counsel Client/Participants regarding retirement benefits, death benefits, vesting, etc. in person, via telephone, and via mail or facsimile

· Implement benefit modifications, determined by the Board of Directors and/or Benefits Committee or as mandated by law

· Process death benefits relative to the death of Pension holders, including notification and payment or recovery

· Calculate retirement benefits and death benefits.

· Calculate overpayments or underpayments for a variety of reasons, including audits by the Employer Compliance Department

· Approve credits and process debits for the Employer Compliance Department

· Locate beneficiaries, process documents, and notify of benefits for entitlement to pre-retirement death benefits

· Work with consultants to ensure compliance with Trust Agreement and with Federal and State Laws

· Process joinders and subpoenas relative to the dissolution of marriage for Participants

· Process death benefit application materials relating to pre-retirement death benefits and follow-up with any pending items

· Determine eligibility for Certified Retiree Health Fund Pension coverage

· Calculate adjustments to pension benefits, due to re-employment, audit, Qualified Domestic Relations Orders, etc.

· Prepare annual statements

· Prepare and process retirement application and benefit estimate requests

· Review power of attorney documents and determine acceptability as an authorized third party

· Verify income and contribution amounts

· Process marriage certificate and divorce decrees

· Determine vested status of Participants

· Process requests for Electronic Funds Transfer and ACH reject and return reports

· Process international wire transfer requests

· Determine monthly ending pension awards

· Approve SSN merges and changes, done by IT and Data Processing departments

· Calculate and process estate payments

· Comply with IRS levies as necessary

· Process monthly pension payables, including the balance of cash requirements

· Answer e-mail messages for Pension Benefits Department

· Prepare claim denials and draft appeal memos for the Benefits Committee

QUALIFIED DOMESTIC RELATIONS ORDERS

· Review, analyze and process Qualified Domestic Relations Orders and Domestic Relations Orders

· Make determination of qualified status of Domestic Relations Orders.

TRAINING

· Train junior team members in processes and individual tasks relating to process.

· Cross train with team in departmental tasks.

EDUCATIONAL/EXPERIENCE REQUIREMENTS

· Bachelor’s Degree preferred, Associate Degree Required with a concentration in any of the following fields: Mathematics, Economics, Finance, Business or related field.

· Experience in pension benefits administration or finance required

Reach out to Ida for more details at 805-561-1040 or icarroll@csi4jobs.com

Equal Opportunity Employer

#HHH

Pay: $65,000.00 - $78,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Retirement plan
• Vision insurance

Application Question(s):

• Do you have experience working as a Pension Analyst or Specialist?

Education:

• Bachelor's (Required)

Work Location: In person