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About the Role
The Assistant Analyst is responsible for processing pension administration transactions for retired members of various pension plans, determining pension eligibility, and processing pension applications in compliance with Plan documents and the law.
Responsibilities
- Calculate pension benefits for new retirees and estimated projected benefits for future retirees.
- Analyze and process pension applications for completeness and accuracy; draft follow-up correspondence as needed.
- Perform banking transactions, including pension check stop/reissues and voids.
- Work with third party vendors to collect data on deceased pensioners, update system accordingly with findings, and process bank reclaims for overpaid benefits.
- Track pension overpayments on a plan-by-plan basis and enforce overpayment recoupment policies.
- Reinstate suspended pensioner accounts after validating documentation as per plan rules.
- Validate work history and prior service records to calculate pension service credits.
- Perform data entry.
- Complete standardized written member communications.
- Assist Retirement Analysts and CARE Counselors as needed with administrative and analytical pension calculations.
- Complete special projects as assigned by management.
Requirements
- Strong mathematical skills required.
- Basic accounting skills preferred.
- Ability to prioritize work and meet deadlines.
- High level of proficiency in Microsoft office programs, including Word and Excel.
- Strong analytical, problem solving and decision-making skills.
- Excellent organizational and prioritizing skills.
- Detailed oriented with strong ability to multitask.
- Strong oral and written interpersonal skills.
- Demonstrated customer service orientation.
- Ability to work both independently and as a team player.
- Ability to effectively operate in a fast-paced work environment.
Skills
- Microsoft Office
- Word
- Excel
- Analytical skills
- Problem-solving skills
- Decision-making skills
- Organizational skills
- Prioritization skills
- Multitasking
- Interpersonal skills
- Customer service
- Teamwork
Location
- Onsite
Work Type
- Full-time
Experience Level
- Entry-level
Education Level
- College graduate with Accounting or Math related degree or equivalent work experience.
Salary/Compensations
- Plus $1,200 annually for bilingual fluency
About the Company
- Building Services 32BJ Benefit Funds administers Health, Pension, Retirement Savings, Training, and Legal Services benefits to over 185,000 SEIU 32BJ members.
- The Funds' mission is to make significant contributions to the lives of members by providing high quality benefits and services.
- The Funds embody five core values: Flexibility, Initiative, Respect, Sustainability, and Teamwork (FIRST).
- The Funds oversee and manage $9 billion of dollars in assets.
- 32BJ Benefit Funds drives innovation, equity, and technology insights to further help the lives of members and their families.
- The Funds use cutting edge technology such as: M365, Dynamics 365 CRM, Dynamics 365 F&O, Azure, AWS, SQL, Snowflake, QlikView, and more.