Pension Data Analyst — Hybrid Role

Local 4 SEIU Health & Welfare Fund; Chicago (IL); On-site; USD 48,000 - 83,000; Full time

Job summary

SEIU Healthcare IL Benefit Funds is seeking a Pension Analyst to collaborate with stakeholders and serve as SME for pension administration, data analytics, and system requirements. You will provide technical and analytical support, ensuring configuration and compliance aligned with plan provisions, IRS rules, and ERISA.

This role emphasizes data reporting, issue resolution, and interdepartmental coordination.

Qualifications

• A minimum of five (5) years’ of demonstrated defined benefit experience processing pension and/or retiree benefit claims experience in a Taft-Hartley environment, third party administration (TPA), non-profit, labor union and/or mission-driven organizations.
• Bachelor’s degree in Statistics, Mathematics, Analytics, or related field preferred.
• Certified Employee Benefit Specialist (CEBS) and Project Management certification is preferred.
• Advanced knowledge and understanding of Defined Benefit principles and legislation.
• Demonstrated mathematical, technical, analytical, critical thinking, problem-solving, and project management knowledge and experience.
• Experience with technical documentation and interpreting requirements.
• Ability to accurately translate technical tasks and requirements to be easily digestible for system end users.
• Excellent written, verbal, and non-verbal communication skills, with the ability to collaborate effectively with peers, team leads, leadership, as well as internal and external stakeholders.
• Must have strong organizational and time-management skills with the ability to manage competing priorities with attention to detail, productivity, and quality.

Responsibilities

• Perform pension administration tasks including analyzing and calculating various pension benefits per IRS, ERISA, and plan provisions.
• Investigate and troubleshoot issues within the pension benefit administration system with technical and non-technical resources.
• Maintain knowledge of pension regulations and compliance and apply to proper administration.
• Demonstrate understanding of pension plan provisions and system requirements.
• Research retirement plan issues and regulations.
• Provide analytical support and act as data/technical resource for the Pension Department.
• Assist in preparing information reporting for quarterly Board meetings.
• Prepare and provide compliance reports on various cadences.
• Coordinate with stakeholders for new systems, upgrades, and maintenance.
• Create and execute test plans for system implementations and user acceptance testing.
• Communicate with internal departments and external parties to document policies and workflows.
• Maintain accountability for data maintenance and reporting.
• Support annual pension planning and auditing processes.
• Analyze credited service history for disability and retirement scenarios.
• Ensure accuracy in complex calculations.
• Record and update member status across various file states.
• Participate in special projects and drive continuous improvement.
• Attend organizational meetings and contribute to issue resolution and process improvements.
• Create meeting agendas and keep thorough notes.

Skills

Analytical thinking

Project management

Communication

Data analysis

Education

Bachelor’s degree in Statistics, Mathematics, Analytics, or related field

CEBS

Project Management certification

Tools

Basys/Bridgeway

Microsoft Office

Smartsheet

Job description

SEIU Healthcare IL Benefit Funds is seeking a Pension Analyst to collaborate with stakeholders and serve as SME for pension administration, data analytics, and system requirements. You will provide technical and analytical support, ensuring configuration and compliance aligned with plan provisions, IRS rules, and ERISA.

This role emphasizes data reporting, issue resolution, and interdepartmental coordination.