Pension Services Analyst

Building Service 32BJ Benefit Funds; New York (NY); On-site; USD 58,000 - 60,000; Full time

Job summary

Building Services 32BJ Benefit Funds in New York, NY seeks an Assistant Analyst to process pension transactions and determine eligibility under various plans, reporting to Supervisor, Retirement Services Operations.

You will handle banking transactions, data with third-party vendors, overpayments, and assist Retirement Analysts, working in a fast-paced environment with strong Excel and math skills.

Qualifications

• College graduate with Accounting or Math related degree or equivalent work experience.
• Strong mathematical skills are required.
• Proficiency in Microsoft Word and Excel.
• Ability to prioritize work and meet deadlines.
• Detail oriented with strong multitasking ability.

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 and process bank reclaims for overpaid benefits.
• Track pension overpayments and enforce overpayment recoupment policies.
• Reinstate suspended pensioner accounts after verifying documentation per plan rules.
• Validate work history and prior service records to calculate pension service credits.
• Assist Retirement Analysts and CARE Counselors with administrative and analytical pension calculations.
• Handle special projects as assigned by management.

Skills

Strong mathematical skills

Analytical thinking

Organizational skills

Multitasking

Ability to meet deadlines

Customer service orientation

Education

Accounting or Math related degree

Tools

Microsoft Office

Excel

Word

Job description

Building Services 32BJ Benefit Funds in New York, NY seeks an Assistant Analyst to process pension transactions and determine eligibility under various plans, reporting to Supervisor, Retirement Services Operations.

You will handle banking transactions, data with third-party vendors, overpayments, and assist Retirement Analysts, working in a fast-paced environment with strong Excel and math skills.