Pension Calculations Specialist

VIVA USA Inc; Phoenix (AZ); Hybrid; USD 65,000 - 95,000; Full time

Job summary

VIVA USA Inc. is seeking a proactive pension calculation specialist for the Tier 2 Member Benefits team. The role is remote with required in-office presence as needed, and will focus on accurate retirement and survivor benefit computations, data integrity, and IRS-compliant reporting.

You will handle complex calculations, verify information across systems, and communicate with employers and members to resolve inquiries while maintaining data quality in large-scale disbursement processes.

Qualifications

• Experience with pension calculations and retirement benefits.
• Knowledge of IRS regulations for payouts and reporting.
• Proficiency in Excel and relational databases.
• Excellent written and verbal communication skills.
• Some college or an Associate's degree is preferred but not required.

Responsibilities

• Accurately perform complex pension benefit calculations including retirement and survivor benefits.
• Apply IRS regulations on payouts and reporting and ensure data integrity.
• Research and verify information related to benefits, 1099Rs, and member accounts.
• Communicate with employers and beneficiaries to verify documents and resolve inquiries.
• Utilize computer systems to retrieve data and process payments outside standard systems.

Skills

Financial expertise

Analytical skills

Technical proficiency

Communication

Education

Associate's degree preferred in math

Some college acceptable

Tools

Excel

Relational databases

Job description

Position will be remote but will need to come in the office as needed.

This assignment will be responsible for calculating pension and related benefits.

Duties

• Benefit Calculations: Accurately process complex retirement, survivor, and account adjustments.
• Data & Compliance: Ensure data integrity and apply IRS regulations to all payouts and reporting.
• Analysis: Research and verify financial transactions, reporting systems, and member information.
• Member Support: Communicate with employers to verify documents and resolve inquiries.
• System Management: Utilize computer systems to retrieve data and process payments outside standard systems.

Knowledge, Skills, and Abilities

• Financial Expertise: Knowledge of clientstatutes, IRS regulations, and automated disbursement systems.
• Technical Proficiency: Advanced skills in Excel and relational databases.
• Analytical Skills: Strong mathematical and problem-solving abilities for high-volume, deadline-driven work.
• Communication: Excellent written and verbal skills for professional correspondence.
• Some college preferred but not required.

JOB SUMMARY

The clientis seeking a proactive individual with work experience in pension-related calculations to fill one vacancy on the Tier 2 team in Member Benefits.

DUTIES INCLUDE

• Accurately perform complex benefit calculations including retirement and survivor benefits, actuarial present value, lump sum payments, Qualified Domestic Relations orders and pension account maintenance Utilize various computer programs and databases to retrieve and analyze financial transactions
• Evaluate and interpret reporting systems, procedures, policies and methods
• Research, analyze and verify information relating to benefit payments, 1099Rs and member accounts following statute and legal determinations
• Apply Internal Revenue Service regulations on payouts and reporting
• Ensure the accuracy of data in the disbursement system
• Calculate and prepare requests for payments outside the disbursement system
• Contact members, beneficiaries, employers and related parties via phone and correspondence
• Review documents for authenticity and completeness
• Maintain data integrity within clientdatabases

KNOWLEDGE, SKILLS & ABILITIES

• Knowledge of the methods and techniques of automated financial/disbursement systems and databases Knowledge of statutes, policies and procedures, and information systems pertaining to the client
• Knowledge of IRS regulations with regard to payment and reporting of annuities and lump sum disbursements
• Strong analytical, mathematical, and problem-solving skills
• Excellent written and verbal communication skills
• Ability to process a high volume of varying calculations and meet multiple deadlines with accuracy
• Strong computer skills with emphasis on Excel and relational databases
• Ability to recognize inefficiencies and contribute towards improving processes
• Prefer six months' experience calculating benefits, pensions, or similar financial transactions
• Prefer six months' experience calculating adjustments to individual account balances
• Prefer Associate's degree with an emphasis in math

Notes

Position will be remote but will need to come in the office as needed

VIVA is an equal opportunity employer. All qualified applicants have an equal opportunity for placement, and all employees have an equal opportunity to develop on the job. This means that VIVA will not discriminate against any employee or qualified applicant on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status