Retirement Analyst

Hollow Metal Trust and Pension Fund; New York (NY); On-site; USD 59,000 - 72,000; Full time

Benefits offered by this job

Health insurance

10% annuity contributions

Life insurance

Paid Time Off

CEBS and educational programs

Job summary

The Hollow Metal Trust Fund and Pension Fund is seeking a Retirement Analyst to process retirement benefits, assist members, and handle related tasks in-office. The role emphasizes accuracy, customer service, and adherence to plan rules.

Responsibilities include eligibility determinations, processing retiree applications, and preparing reports. Strong math, communication skills, and bilingual ability (Spanish/English) are preferred for this position.

Qualifications

• Bachelor’s Degree or High School Diploma with at least 5 years of experience in processing pension benefit plans.
• Proficiency in math and excellent verbal and written communication skills.
• Understanding of retirement program principles, enrollment, eligibility, and benefits reporting.
• Intermediate knowledge of Microsoft Office (Word, Excel, Outlook).

Responsibilities

• Receive and handle calls or in-person visits from members for eligibility and benefits.
• Process applications for Retirees, Surviving Spouses and QDROs based on eligibility.
• Guide members inquiring about retirement and assist them with the process.
• Verify documentation on file and follow up to determine benefits eligibility.
• Review and process PBI Reports and returned funds from the bank.
• Prepare and process monthly to quarterly reports as needed.
• Process Pension Calculations, peer review forms and retirement letters.

Skills

Bilingual Spanish/English

Multitasking

Analytical skills

Verbal and written communication

Customer service

Education

Bachelor’s Degree or High School Diploma with 5+ years pension processing experience

Tools

Microsoft Office

Job description

Job Description

Job Description

** EMPLOYER: Hollow Metal Trust Fund and Pension Fund**

** POSITION:** Retirement Analyst

** REPORTS TO: Supervisor/Executive Director**

** FLSA STATUS: Non-exempt**

** SALARY:** _ ** $65,000***_

We are a small fund with a staff of 7 employees, and our mission is to properly administer the plans benefits and deliver superior service to our members in all respects. The Pension Fund has a close total of 2,500 members currently collecting pension. The Pension Analyst is responsible for processing retirement benefits, assisting members with their inquiries and process, carrying out projects, and providing accurate information pertaining the Plan.

ESSENTIAL JOB FUNCTIONS:

• Receive and handle calls or in-person visits from members for eligibility and benefits
• Process applications for Retirees, Surviving Spouses and Qualified Domestic Relations Orders (QDRO) based on their eligibility and in accordance to the Plan
• Guide members inquiring about retirement and assist them with the process
• Verify all required documentation are on file and accurate (i.e. birth certificates for members and dependents, marriage Certificates, divorce decrees, social security cards, etc.); follow up on missing information to determine benefits eligibility by providing Quality Assurance
• Review and Process PBI Report, as well as returned funds provided by the bank
• Prepare and process all necessary reports on a monthly to quarterly basis as needed
• Process Pension Calculations, peer review forms and retirement letters
• Prepare and execute various correspondence, letters and affidavits to members, pensioners, beneficiaries, and employers
• Make outbound calls to members as needed and communicate via e-mail when required
• Assist on basic information calls pertaining to the active members if needed
• Review 1099R data for recipients
• Review and generate monthly and interim Pension payments
• Perform additional duties and projects as assigned by management
• Querying and reviewing annual actuarial data
• Process monthly Suspension of Benefit Notices to active participants

REQUIREMENTS/EDUCATION:

• Bilingual (Spanish / English preferred)
• Bachelor’s Degree or High School Diploma required with at least 5 years of experience in the processing of pension benefit plans
• Ability to multitask and have problem-solving skills
• Proficiency in math and excellent verbal and written communication skills
• Must understand the principles, practices, methods and techniques of retirement programs, including eligibility determination, enrollment, benefits reporting; federal, state and local laws and regulations governing the administration of pension benefit plans, and maintenance of plan/employee records
• Intermediate level working knowledge of Microsoft Office (Word, Excel, Outlook)
• Establish and maintain effective working relationships with managers, employees, benefit plan administrators and carriers
• Must have exceptional customer service and analytical skills
• Effectively prepare clear, concise and accurate records, reports, correspondence and other written materials
• Ability to handle and maintain confidentiality of records and information

SALARY AND BENEFITS:

• *Rate is based on a minimum salary range which will be based on relevant skills, education, experience, and qualifications.
• The Fund offers the following benefits package:

• o Health Insurance paid by Employer (Vision, Dental, Medical, and Pharmacy)
• o 10% of salary annuity contributions paid by Employer
• o Life-Insurance covered by Employer for all active employees
• o Paid Time Off
• o CEBS and other educational programs

Please note that this is not a remote position and requires in-office presence.

**The Hollow Metal Fund are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, creed, religion, color, national origin, ancestry, alienage, pregnancy, disability, age, uniform service member status, veteran status, marital status, caregiver status, familial status, status as a victim of domestic violence, sexual violence or stalking, membership in a domestic partnership, sex, gender (including gender identity, gender expression or status as a transgender person), genetic information, sexual orientation (including an individual’s actual or perceived romantic, physical or sexual attraction to other persons, or lack thereof, on the basis of gender), sexual and reproductive health decisions, or on any other characteristic protected by applicable federal, state, or local law.**

Company Description

The Hollow Metal Benefit Funds is maintained and administered by a join Board of Trustees on which labor and management are equally represented. The Board of Trustees is responsible for making and enforcing Plan rules and it is responsible for interpreting the Plan provisions uniformly for all participants, with the assistance of the Executive Director and its staff members.

Company Description

The Hollow Metal Benefit Funds is maintained and administered by a join Board of Trustees on which labor and management are equally represented. The Board of Trustees is responsible for making and enforcing Plan rules and it is responsible for interpreting the Plan provisions uniformly for all participants, with the assistance of the Executive Director and its staff members.