Bilingual Pension Benefits Analyst

Bldg Svc 32 B-J; New York (NY); On-site; USD 58,000 - 60,000; Full time

Job summary

Building Services 32BJ Benefit Funds is hiring for an Assistant Analyst in Retirement Services Operations, located in New York. The role focuses on processing pension administration transactions, determining eligibility, and ensuring compliance with plan documents and law.

Under supervision, responsibilities include calculating benefits, processing applications, banking transactions, and collaborating with vendors. Strong math, organization, and MS Office skills are essential for success.

Qualifications

• 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.

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 but not limited to 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.
• Assist Retirement Analysts and CARE Counselors as needed with administrative and analytical pension calculations.
• Special projects as assigned by management.

Skills

Mathematical skills

Accounting

Prioritization

MS Word/Excel

Analytical thinking

Organization

Multitasking

Education

Accounting or Math degree

Tools

Microsoft Excel

Microsoft Word

Job description

Building Services 32BJ Benefit Funds is hiring for an Assistant Analyst in Retirement Services Operations, located in New York. The role focuses on processing pension administration transactions, determining eligibility, and ensuring compliance with plan documents and law.

Under supervision, responsibilities include calculating benefits, processing applications, banking transactions, and collaborating with vendors. Strong math, organization, and MS Office skills are essential for success.