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Senior Pension Administrator - Defined Benefit - Early Career

Leadership Triangle
Durham, NC Full Time
POSTED ON 6/3/2026
AVAILABLE BEFORE 7/2/2026
Fidelity

Durham, NC, USA

Posted on Jun 2, 2026

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Operations

Senior Pension Administrator - Defined Benefit - Early Career

Published: Jun 01

ID: 2128074

Time onsite: required to work in office (~25%, 50% or 100% role dependent)

Onsite

Location

  • Durham, NC

Team

  • Operations

Experience Level

Associate

Job Description

Note: Fidelity is not providing immigration sponsorship for this position

The Role

Are you a recent college graduate who enjoys problem solving, working with numbers, and learning how financial systems impact real people? If you’re comfortable with Microsoft Excel and have strong math skills, this role could be a great first step in your career.

In this role, you will be part of a team responsible for the accurate and timely processing of various types of financial calculations to support our Defined Benefit clients. A Defined Benefit (DB) plan, also known as a pension plan, is a retirement plan where an employer promises to pay their employees a set amount after retirement.

You’ll receive structured training on pension concepts, systems, and calculations, with support from experienced team members as you build confidence in the role.

Responsibilities Include

  • Processing various types of calculations, meeting timeliness and accuracy standards while interpreting DB plan rules to ensure compliance with the plan document.
  • Supporting internal Client Service teams while developing subject matter expertise on assigned clients
  • Manually calculate and review pension benefits for plan participants
  • Supporting monthly testing of various systems upgrades and releases
  • Participate in special departmental projects
  • Document updates to User Procedure Documentation

The Expertise And Skills You Bring

  • Bachelor’s Degree - Mathematics, Finance, Business, and Accounting majors are preferred but all are welcome to apply
  • Strong analytical and intuitive skills
  • Motivation and commitment to excellence; positive demeanor and 'can do' work ethic
  • Ability to work as a standout colleague while meeting individual timeliness, accuracy goals and quality standards
  • Ability to adapt to a constantly evolving environment
  • Strong interpersonal skills and attention to detail
  • High integrity and discretion to ensure the confidentiality of private client and participant data
  • Strong written and verbal communication skills
  • Ability to coach and instruct others
  • Strong PC Software skills (i.e. Excel, Outlook, and Word)

The Team

Fidelity has achieved the top position as the largest Defined Benefit (DB) recordkeeper in the US, as measured by total participants under administration. Fidelity has been a trusted Defined Benefit provider in the industry for over 30 years, demonstrating consistent growth and innovation.

Fidelity's Defined Benefit group services all plan sizes and complexity. We offer an integrated participant experience to help focus on simplification, accuracy, and the highest level of service. This team ensures the highest level of benefit calculation accuracy for the organizations and clients we support.

As you grow within the team, you may have opportunities to mentor and coach others and progress into Lead Pension Administrator or Analyst roles, taking on increased responsibility, client complexity, and leadership opportunities over time.

Certifications

Category:

Transaction Processing

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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Benefits that balance life and work

From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.

Benefits

Company overview

Company Overview

At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.

Reasonable accommodations

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.

Equal opportunity employer

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Applicant screening

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

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