Senior Pension Administration Project Lead

Marsh; Louisville (KY); On-site; USD 74,000 - 148,000; Full time

Benefits offered by this job

Health benefits

Tuition assistance

401K / Retirement plans

Employee assistance program

Job summary

Marsh, a global leader in risk and reinsurance, is seeking a Pension Administration Senior Specialist to lead pension calculations and serve as data manager for plan termination projects in Louisville, KY. You will coordinate with clients and Marsh consultants on data, risk transfer, and project execution with professionalism and urgency.

Ideal candidates bring 5-7 years in defined benefit administration, strong MS Excel/Word skills (Access a plus), and proven project management and client

Qualifications

• Bachelor’s degree preferred.
• 5-7 years of experience in defined benefit administration.
• Prior experience with project management and client relationship management.
• Strong proficiency with MS Excel and Word (proficiency in MS Access desired).
• Excellent problem solving and analytical skills; proven ability to identify, research, follow up and resolve issues or problems encountered through project work.
• Excellent oral and written communication skills.

Responsibilities

• Maintain a high level of professionalism and sense of urgency to ensure client expectations are consistently met while acting as a primary contact with clients and Marsh consultants.
• As Project Manager, lead pension calculation, data, and risk transfer projects and act as point of contact to clients, administration and processing teams.
• Manage special project tasks to ensure project tracks to budget, that project is completed per the terms of the client agreement and that any out-of-scope work is identified.
• Lead and attend team and project calls. Communicate across various teams (internal /external).
• As a data manager, oversee, monitor and review all aspects of the data project to include: Identify critical data elements for clean up and plan termination projects; Develop data request for all phases of plan terminations based on plan provisions; Draft database specifications detailing project needs including mapping for data imports/extracts; Analyze findings and impact of missing data; Track and update data corrections received at various times from various sources; Understand downstream impact of data updates and missing elements and communicate to interested parties; Reconcile population at key points throughout the project.
• Calculate and review qualified and non-qualified benefits, including but not limited to QDROs, 409A, employee contributions, late retirement increases and RMDs.
• Keep updated on current government regulations/IRS Code
• Develop and maintain access-based or excel-based calculation checkers for ongoing and special project clients

Skills

Project management

Client relationship management

MS Excel

MS Word

Communication skills

Analytical skills

Education

Bachelor’s degree preferred

Tools

MS Access

Job description

Marsh, a global leader in risk and reinsurance, is seeking a Pension Administration Senior Specialist to lead pension calculations and serve as data manager for plan termination projects in Louisville, KY. You will coordinate with clients and Marsh consultants on data, risk transfer, and project execution with professionalism and urgency.

Ideal candidates bring 5-7 years in defined benefit administration, strong MS Excel/Word skills (Access a plus), and proven project management and client