Pension Administration Specialist

Are you a detail-oriented, analytical individual with a passion for financial planning and retirement? Do you thrive in a fast-paced environment and enjoy solving complex problems? If so, we have an exciting opportunity for you! Marsh & McLennan Companies is seeking a Pension Administration Specialist to join our team. In this role, you will be responsible for managing and administering pension plans for our clients, ensuring compliance with regulatory requirements and delivering exceptional service. To excel in this position, you must have a strong understanding of pension plans, excellent communication skills, and a commitment to delivering high-quality work. If this sounds like the perfect fit for you, we encourage you to apply today and join our dynamic team of professionals.

1. Manage and administer pension plans for clients, ensuring accuracy, compliance, and timely delivery.
2. Monitor and analyze plan data to identify and resolve any discrepancies or issues.
3. Communicate with clients, plan participants, and internal stakeholders to provide updates and address any concerns.
4. Stay up-to-date on regulatory requirements and ensure compliance in all aspects of pension plan administration.
5. Work closely with the finance and accounting teams to ensure accurate and timely reporting of pension plan data.
6. Collaborate with other team members to develop and implement best practices for pension plan administration.
7. Provide exceptional customer service to clients, responding promptly and professionally to inquiries and requests.
8. Conduct research and analysis to identify and resolve complex pension plan issues.
9. Participate in training and development opportunities to continuously improve knowledge and skills in pension plan administration.
10. Maintain accurate and organized records and documentation related to pension plan administration.
11. Proactively identify opportunities for process improvements and efficiencies in pension plan administration.
12. Adhere to company policies and procedures, as well as industry standards and regulations.
13. Communicate effectively with team members and management to provide updates, share insights, and collaborate on projects.
14. Contribute to a positive and supportive team culture by promoting teamwork and open communication.
15. Maintain confidentiality and handle sensitive information with discretion and professionalism.

According to JobzMall, the average salary range for a Pension Administration Specialist in Chicago, IL, USA is between $50,000 - $70,000 per year. This can vary depending on factors such as experience, education, and specific job duties. Some Pension Administration Specialists may also receive additional benefits such as bonuses, healthcare, and retirement plans.

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.