Pension Fund Administrator Professional
5 days ago
About Milliman
Milliman is a leading independent professional services firm. Founded in 1947, the company provides consulting services to clients in various industries, including healthcare, life insurance, employee benefits, and property and casualty insurance.
Job Summary:
The Pension Fund Administrator is responsible for ensuring the smooth operation of defined benefit plans, adhering to plan provisions and regulatory requirements. Key responsibilities include data management, payment processing, payroll administration, and benefits calculation.
Key Responsibilities:
- Maintain accurate pension data, facilitating efficient information retrieval.
- Process participant records, payroll, data queries, and documents with precision and timeliness.
- Work on multiple applications to process participant requests within service level standards.
- Coordinate with fulfillment teams for letters and documentations.
- Provide support for special projects and other tasks as needed.
- Collaborate with DB associates on day-to-day activities.
- Accurately record time spent on client work.
- Ensure high-quality service delivery to existing clients.
- Identify opportunities for process improvements.
- Maintain adherence to Standard Operating Procedures (SOPs).
Requirements:
- Demonstrated analytical, problem-solving, and communication skills.
- Proficiency in Microsoft Office or related software.
Qualifications:
- 1-2 years of experience in defined benefits administration preferred.
- Bachelor's degree in any field.
Estimated Salary Range: $65,000 - $80,000 per annum, depending on location and experience.
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