What are the responsibilities and job description for the Pension Specialist position at The Jonus Group?
Job Description
Pension Specialist
An established national brokerage is seeking an experienced Pension Specialist to join its team in Nassau County, New York. This role offers the opportunity to support a high-performing benefits department within one of the largest insurance brokerages in the country.
Key Responsibilities
Pension Specialist
An established national brokerage is seeking an experienced Pension Specialist to join its team in Nassau County, New York. This role offers the opportunity to support a high-performing benefits department within one of the largest insurance brokerages in the country.
Key Responsibilities
- Reconcile client broker statements.
- Manipulate and analyze client data in Excel.
- Process enrollments, loan requests, and distribution requests (Termination, Death, In-Service, QDRO, Hardship).
- Maintain and update records and databases accurately and securely.
- Respond to client and participant inquiries regarding benefits, options, and entitlements.
- Liaise with actuaries, legal advisors, auditors, and other third-party vendors.
- Participate in pension plan reviews with advisors.
- Manage client communications, including annual data requests, reports, regulatory updates, participant fee disclosures, and updates to plan fund menus for participant-directed platforms.
- Minimum of 2 years of experience in pension administration.
- Knowledge of defined benefit and/or defined contribution plans.
- Proficient in Microsoft Office Suite (Excel, Word, Outlook, Teams, Access).
- Strong attention to detail, organizational, and time management skills.
- Excellent communication and interpersonal abilities.
- Ability to handle confidential information with discretion.