Pension Administrator jobs in Massachusetts

Pension Administrator is responsible for the administration of retirement plans. Maintains plan records and ensures compliance with federal regulations. Being a Pension Administrator communicates with customers and assists with plan design and benefit distributions. Requires a bachelor's degree. Additionally, Pension Administrator typically reports to a manager. The Pension Administrator gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Pension Administrator typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Pension Specialist - hybrid/Burlington, MA
  • Aon
  • Burlington, MA FULL_TIME
  • Do you like applying your critical thinking and technical analytical skills to tackle problems and help clients? Are you interested in making a difference in someone’s life? We would love to have you join our outstanding team!

    This Pension Specialist role is a hybrid role with the flexibility to work both virtually and from our Burlington, MA office.

    Aon is in the business of better decisions

    At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

    As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

    What the day will look like:

    As a Pension Administration Specialist, you will provide defined benefit administrative calculation and consulting services directly to clients. You will make an impact in others’ lives by working with our client’s employees to help them understand their pension plans and to meet their retirement goals.

    Daily Responsibilities:

    • Respond to member calls and facilitate member requests.
    • Communicate with members on pension plan provisions and payment elections.
    • Coordinate monthly pension payments with trustee.
    • Review member data and revise if information is missing or inaccurate.
    • Handle benefit plan administration and management of special projects associated with defined benefit plans for various clients.
    • Maintain client databases and benefit calculation log.
    • Assist with the testing of the system for new clients according to the plan provisions and administrative requirements.
    • Maintain current knowledge of client specific plan provisions and broaden knowledge of defined benefit administration rules.

    Skills And Experience That Will Lead To Success

    • Undergraduate degree or equivalent years of proven experience.
    • Basic spreadsheet (i.e. Excel) knowledge- preferred.
    • Basic database (i.e. Access) knowledge- preferred.
    • Mathematical proficiency.
    • Bilingual language skills- a plus, but not required.

    How We Support Our Colleagues

    Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

    The salary range for this position (intended for U.S. applicants) is $60,000- $63,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

    In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

    Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

    Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

    Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.

    We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com

    Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

    2542727

  • 7 Days Ago

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Pension Risk Transfer Business Consultant
  • MassMutual
  • Springfield, MA FULL_TIME
  • Job DetailsThe OpportunityThe Pension Risk Transfer Business Consultant provides technical support for the Pension Risk Transfer operations teams. The Business Consultant supports the entire PRT opera...
  • Just Posted

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Pension Risk Transfer Business Consultant
  • Massachusetts Mutual Life Insurance Co.
  • Springfield, MA OTHER
  • The OpportunityThe Pension Risk Transfer Business Consultant provides technical support for the Pension Risk Transfer administration team. The Business Consultant supports the new business process by ...
  • 2 Months Ago

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Pension Risk Transfer Business Consultant
  • Massachusetts Mutual Life Insurance Co.
  • Springfield, MA OTHER
  • The OpportunityThe Pension Risk Transfer Business Consultant provides technical support for the Pension Risk Transfer administration team. The Business Consultant supports the new business process by ...
  • 2 Months Ago

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Teacher of the Deaf Consultant - Flexible Hours, Pension, dynamic team
  • READS Collaborative
  • Middleboro, MA FULL_TIME
  • READS Collaborative is seeking a Teacher of the Deaf to join our growing team of ToD providers. This position includes providing consultation and direct services for students who are deaf/hard of hear...
  • 1 Month Ago

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Administrator
  • Plymouth Harborside HealthCare
  • Plymouth, MA FULL_TIME
  • Now hiring a Licensed Nursing Home Administrator at Plymouth Harborside Healthcare. Every Next Step facility acts as both a skilled nursing facility and as a home, whether that be for a day, a week, o...
  • 2 Days Ago

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Senior Pension Administrator
  • Lafayette Life Insurance Company
  • Cincinnati, OH
  • Summary of Responsibilities: Performs plan administrative services for assigned group of plans. Serves as main point of ...
  • 6/10/2024 12:00:00 AM

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Peoplesoft Developer
  • Luna Data Solutions, Inc.
  • Luna Data Solutions has an immediate contract position opening (contract term initially 6 months, with possible extensio...
  • 6/10/2024 12:00:00 AM

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PeopleSoft Developer
  • Allied Consultants, Inc.
  • Allied Consultants, Inc., founded 32 years ago, is an Austin-based firm and premier provider of technical and business s...
  • 6/10/2024 12:00:00 AM

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Peoplesoft Developer
  • Infojini Inc
  • Austin, TX
  • Below is the job description for the position: Position Title - PeopleSoft Developer Location - Austin, TX (Hybrid work ...
  • 6/10/2024 12:00:00 AM

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Pension Administrator
  • Robert Half
  • Oak Brook, IL
  • We are in search of a meticulous Pension Benefits Specialist for our client's operations in the manufacturing industry, ...
  • 6/8/2024 12:00:00 AM

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Lead Pension Administrator - Core Market Defined Benefits
  • Fidelity TalentSource LLC
  • Merrimack, NH
  • Job Description: Do you like to solve problems and feel the need to constantly challenge yourself? Are you looking for a...
  • 6/8/2024 12:00:00 AM

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Peoplesoft Developer
  • Connect Tech+Talent
  • Austin, TX
  • PeopleSoft Developer Hybrid (Austin, Texas - 2 days in the office, and the other days working from home) 6 Months Contac...
  • 6/7/2024 12:00:00 AM

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Plan Administration Pension Analyst
  • Duncan Financial Group
  • About Duncan Financial Group Headquartered in Irwin, Pennsylvania – we help clients build and protect a better financial...
  • 6/7/2024 12:00:00 AM

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Pension Administrator jobs
$61,220 to $92,171

Pension Administrator in Tacoma, WA
LCP successfully transitioned pension administration services within eight working days.
January 27, 2020
Pension Administrator in Atlantic City, NJ
Our array of third party administration services includes member record keeping and maintenance, web, treasury, accounts and communications as well as specialist support such as data cleanse, pension scheme discontinuance and contracting-out reconciliation through the wider Equiniti Pensions Solutions stable.
February 07, 2020
Pension Administrator in Port Arthur, TX
Pension administration in the United States is the act of performing various types of yearly service on an organizational retirement plan, such as a 401(k), profit sharing plan, defined benefit plan, or cash balance plan.
February 16, 2020