About the Opportunity
Our client is one of the largest pension funds in NYC, providing eligible NYC educators with retirement and disability benefits. They are currently seeking a highly skilled Benefits Administrator with a strong background in mathematics and calculations. This individual will play a pivotal role in facilitating the efficient handling of work list items within the Member Status, Terminations, and Retirement departments. This is a long-term contract assignment, and they are eager to fill the position promptly.
The base pay for this position is $20 to $23 per hour. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Job Responsibilities
- Enter service information in the system from forms completed by Employers
- Process retirement and revisions and finalize benefit calculations
- Validate vesting and key milestone dates including pay dates
- Verify vacation adjustments
- Review members’ case files for information
- Perform data entry of important demographic information of members and beneficiaries
- Review eligibility for processing of events
- Update transfer-in, transferred contributor, and leave
- Review cases for eligibility of key milestones for the purposes of processing refunds
- Request additional documentation for members
- Process refunds
- Process requests from backlog list – withdrawals and transfer-out requests
- Process Buyback requests and other benefit claims from the backlog list
- Maintain a working knowledge of all service rules and legislations
Job Requirements
- Ability to work on AS400 based system as well as browser based systems
- Ability to perform calculations
- Excellent data entry skills and demonstrated ability to transfer data from scanned images to system
- Knowledge of pension systems and processing/calculating of benefits for various groups of members preferred
- Experience in all Microsoft Office tools including Word, Excel, PowerPoint, and other Office products
