Senior Retirement Administration Specialist

Job not on LinkedIn

🔥 13 hours ago

🇺🇸 United States – Remote

💵 $58.7k - $80.7k / year

⏱ Part Time

🟠 Senior

🖥️ Administration

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Franciscan Health

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1875

🏥 Healthcare

⚕️ Healthcare Insurance

🤝 Non-profit

Healthcare • Healthcare Insurance • Non-profit

Franciscan Health is a healthcare organization committed to providing high-quality medical care grounded in the Franciscan tradition. They offer a range of medical services, including clinical and allied health, home health and hospice, nursing, physicians and advanced practice providers, and non-clinical and administrative roles. With a focus on embracing the values of St. Francis to care for those in need, they provide a supportive and fulfilling work environment for their employees, emphasizing a mission of compassion and community engagement. Franciscan Health is dedicated to offering a variety of employment opportunities across different medical specialties and locations.

📋 Description

• Administer the daily administration of 401(k), 403(b), 457(b), 457(f), and defined benefit plans • Request benefit calculations from the plan actuary and prepare appropriate paperwork • Inform prospective retirees about their options using relevant plan documents before finalizing applications • Follow up as necessary before new payment setup in the Trustee system • Research plan overpayments and request stop payments, reissues, and ACH reversals • Follow up with participants or participants' survivors to recover funds due to the plan • Maintain participant address and banking information • Utilize, maintain, and review electronic files of scanned backup records and pension-related documents • Educate active and inactive coworkers and beneficiaries on vesting, plan participation, payment elections, and other retirement details • Serve as a consultant to network coworkers and coordinate responses to coworker or retiree issues • Assure the interface of necessary information between Payroll, HRIS, actuarial firms, trustees, and benefits staff

🎯 Requirements

• Bachelor's Degree Human Resources, Business Administration, or related field, or a Certified coworker Benefits Specialist (CEBS) certification - Required • 5 years Professional hands-on coworker benefits administration experience of retirement plan administration - Required • 5 years In-depth understanding of defined benefit retirement plans, defined contribution retirement plans, non-qualified deferred compensation plans, and the laws/regulations that impact each -Required • Travel is required: Never or Rarely

🏖️ Benefits

• Comprehensive benefit offerings for eligible employees