What are the responsibilities and job description for the Retirement Plans Specialist position at Corewell Health?
Job Summary
Responsible for performing a range of moderately complex transactions relating to the defined benefit pension plans of Corewell Health. Establishes process improvements and recommendations. Directly supports the daily operations of the system pension team and is responsible for assisting with the administration of all pension plans. Demonstrates pension plan expertise when engaging with team members, vendors and other areas of HR as needed.
Essential Functions
Required
As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.
How Corewell Health cares for you
SITE - Corewell Health Southfield Center - 26901 Beaumont Blvd
Department Name
HR Total Rewards Retirement - Corporate
Employment Type
Full time
Shift
Day (United States of America)
Weekly Scheduled Hours
40
Hours of Work
8:00 a.m. - 5:00 p.m.
Days Worked
Monday - Friday
Weekend Frequency
N/A
CURRENT COREWELL HEALTH TEAM MEMBERS – Please apply through Find Jobs from your Workday team member account. This career site is for Non-Corewell Health team members only.
Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.
Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.
An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.
You may request assistance in completing the application process by calling 616.486.7447.
Responsible for performing a range of moderately complex transactions relating to the defined benefit pension plans of Corewell Health. Establishes process improvements and recommendations. Directly supports the daily operations of the system pension team and is responsible for assisting with the administration of all pension plans. Demonstrates pension plan expertise when engaging with team members, vendors and other areas of HR as needed.
Essential Functions
- Responds to internal, external and general pension plan inquiries utilizing Workday, ServiceNow, Willis Towers Watson (WTW) retirement system and various other legacy data information systems.
- Assists with reviewing, analyzing, inputting, and reporting data in collaboration with Willis Towers Watson (WTW), Deloitte, HRIS, payroll, benefits and other HR areas to ensure accuracy of data to be used in all pension plan calculations.
- Meet with participants to review pension forms, check mailroom for incoming mail, scan and upload documents, send former team members reminder letters and application forms, run pension estimates and other pension plan administration duties.
- Analyzes demographic data and reviews pension plan data while ensuring the accuracy of the team members pension plan eligibility.
- Partners in compliance/risk mitigation strategies, conducts audits and ensures data integrity for all process changes implemented within pension plans operations data flow. Conducts ongoing reviews to ensure pension plans remain in compliance with IRS and DOL rules.
- Performs all other general tasks and duties in support of the system pension plan team operations.
Required
- Bachelor's Degree or equivalent in Human Resources, Business, or related area
- 2 years of relevant experience in retirement plan administration or related area
As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.
How Corewell Health cares for you
- Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.
- On-demand pay program powered by Payactiv
- Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!
- Optional identity theft protection, home and auto insurance
- Traditional and Roth retirement options with service contribution and match savings
- Eligibility for benefits is determined by employment type and status
SITE - Corewell Health Southfield Center - 26901 Beaumont Blvd
Department Name
HR Total Rewards Retirement - Corporate
Employment Type
Full time
Shift
Day (United States of America)
Weekly Scheduled Hours
40
Hours of Work
8:00 a.m. - 5:00 p.m.
Days Worked
Monday - Friday
Weekend Frequency
N/A
CURRENT COREWELL HEALTH TEAM MEMBERS – Please apply through Find Jobs from your Workday team member account. This career site is for Non-Corewell Health team members only.
Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.
Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.
An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.
You may request assistance in completing the application process by calling 616.486.7447.