Defined Benefits Operations Processor
Process DB benefit payments using basic knowledge of ERISA, taxation, accounting, and tools to perform operational processes.
Execute changes to DB payments, contact information, taxes, EFT detail, beneficiaries, etc. per participant or client request.
Review payment related forms to determine if in good order, and process based on knowledge of applicable rules and regulations
Provide technical assistance to internal partners including Client Consultants, Call Center Team, and the Project Team.
Bachelor's degree in business or finance field, or equivalent education/experience.
Strong math and statistical skills
Good verbal and written communication skills
Strong organizational and prioritization skills
Proficiency using MS Word, Excel
Experience in the financial, insurance, or retirement industry
Defined benefit pension knowledge
Basic understanding of computer programming
Work from Home/Remote
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation. **
The rate for this position generally ranges between $40,000 - 50,000. This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.
This position is also typically eligible for an annual bonus based on the Company Bonus Plan/Individual Performance and is at Company Discretion at a rate of 6%
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.