Benefit Administration Analyst

About the role

Entry-level role in the Benefit Administration team. Responsible for providing administration and analytical support to senior team members. Gain understanding of the design, operations, and regulations governing defined benefit plans.

Responsibilities

• Process and manage pension requests, including first calculation/paperwork for active plans, data inquiries, and updates.
• Reconcile participant data changes and year-end reporting.
• Work directly with clients and respond to participant questions.
• Analyze calculation breakpoints, including identification and testing.
• Create or run participant data reports.
• Analyze and manipulate data files.
• Review and approve payments to participants.
• Meet the company’s CRM case efficiency and accuracy metrics.
• Participate in an out-of-scope project, including Plan Termination, TV Buyout, and new client implementation.
• Conduct work with a high level of quality and efficiency.

Requirements

• Bachelor’s degree in mathematics, business, finance, or related field preferred.
• Basic knowledge of pension plans.
• Strong time management and organizational skills.
• Ability to analyze and understand large data sets.
• Excellent communication skills.
• Strong problem-solving and systematic thinking skills, including ability to break down calculations specific to client plans.
• Proficient in Microsoft Office products, including Excel.
• Ability to work well in a team environment and independently.

About the company

USI Consulting Group (USICG) is an industry-leading, full-service retirement plan consulting and benefits administration firm that has been helping employers enable their workforce to successfully plan and invest for retirement for 50 years. USICG’s integrated team of highly skilled professionals provides specialized expertise in delivering independent, comprehensive guidance and innovative, flexible retirement plan solutions to meet the changing needs of employers and their employees.

Benefits

• Competitive pay with potential for compensation incentives.
• Medical, wellness, dental, and vision coverage.
• 401(k) retirement plan.
• Flexible spending and health savings accounts.
• Short- and long-term disability insurance.
• Life insurance and other unique employer-sponsored and voluntary programs.
• Generous paid time off policy, paid family leave benefit, and paid holiday time.
• Summit Awards program recognizing excellence in building the company’s brand.
• Award-winning wellness program.
• College scholarships for associates' children.
• Financial assistance in times of need.

Pay

Annual salary range is $45,000 - $50,000, plus potential compensation incentives.