1 Retirement Plan Services Coordinator (Canfield, OH) Job in Canfield, OH

SORT BY

SET JOB ALERT

OFF

Details...

Retirement Plan Services Coordinator (Canfield, OH)

BeneSys, Inc.

Canfield, OH | Full Time

$38k-48k (estimate)

0 Months Ago

Retirement Plan Services Coordinator (Canfield, OH)

BeneSys, Inc. Canfield, OH

$38k-48k (estimate)

Full Time | Investment Management 0 Months Ago

Save

BeneSys, Inc. is Hiring a Retirement Plan Services Coordinator (Canfield, OH) Near Canfield, OH

Retirement Plan Services Coordinator (Canfield, OH)

Summary – Calculates retirement benefit estimates, processes applications, communicates with members, reports to Board of Trustees, balances monthly ledger, and processes pension checks. Performs customer service functions; full time

Essential Duties & Responsibilities include the following. Other duties may be assigned.

Determine eligibility for and calculate monthly benefits of participants based upon a thorough understanding of complex Plan provisions.

Approve or deny DB & DC applications based upon Plan Provisions and applicant information. Process denial letters, appeals and final denials letters.

Data entry of new retiree information into proprietary software program. Coordinate with Mass Mutual to issue payout and hardship checks. Set up and maintain paper files for new retirees and payouts.

Communicate clearly with participants, both verbally and in writing.

Prepare meeting reports for the Board of Trustees.

Balance monthly ledger, including YTD figures; process monthly and manual pension checks in coordination with Troy Operations Department.

Review monthly and yearly exception reports, including 1099r processing in January, Plan Year End processing for DB pension, including the approval of participant annual benefit statements.

Maintain changes in census data, marital status, benefit status and monthly DB amounts for retirees in PC maintenance.

Create and maintain benefit summaries for use by fellow coordinators.

Create and maintain fund-specific procedural manuals.

Follow established procedures in a thorough and consistent manner.

Able to record and reference subjects covered during training, leading to the ability to work independently with minimal assistance and supervision.

Route Divorce Decrees and QDRO’s to the Eligibility Department and the Fund Attorney. Process QDROs as required.

Supervisory Responsibilities None

Qualification - To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Excellent customer service skills are a must.

Education and/or Experience - High School diploma or GED and some college and/or job-related experience

Language Skills - Ability to comprehend written materials such as plan documents and legal correspondence. Communicate professionally, tactfully and clearly with participants, fellow employees and other professionals.

Mathematical Skills - Ability to apply concepts of basic addition, subtraction, multiplication, division and algebra. Must be able to understand and apply knowledge of decimals, fractions, and percentages.

Reasoning Ability - Ability to apply common sense to carry out detailed written or verbal instructions. Ability to assess and analyze production results for accuracy and efficiency.

Computer Skills - Intermediate working knowledge of Microsoft Office products, especially Excel, Word, and Outlook are essential.

Certificates, Licenses, Registrations None required

Physical Demand - The physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment - The work environment characteristics are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Schedule

Full time, Monday - Friday 7:30 am - 4:30 pm

Currently full-time in office with potential future work from home.

Competitive Benefits & Compensation Package

Paid Time Off (PTO)
- 15 days of PTO during the next calendar year!
Medical, dental, vision, and life insurance
Company paid short term disability, long term disability, and AD&D insurance
401k with employer match
Tuition reimbursement program
Career development opportunities
Referral bonus for all full-time referrals
Competitive wages
Annual opportunities for increases and bonuses

Pay

Pay commensurate with education and experience.

Our Culture

BeneSys wants to be a great service provider to the members we serve, and we recognize we can only do that if we are also a great employer with successful employees. In short, our success is driven by our employees’ successes. We want to be a place people want to work, feel proud of what they do and feel fulfilled both professionally and personally; creating a place where employees can find long-term growth and potential.

Our culture focuses on three core values:

Collaboration: working together across 31 locations to achieve the best for the company and our clients.
Dedication: striving to create an environment where all employees work toward a common goal while committing to providing the best customer service to our members and our colleagues.
Integrity: doing what we say we will do. Upholding strong ethical and moral principles

ADA & EEO