Benefits Advisor - Pension and 401K
Valero · San Antonio, TX · 2 wk ago
Business DevelopmentFull-time
About the role
As a Benefits Advisor, you will under limited supervision, maintain the pension administration system and support pension administration activities.
Responsibilities
- Maintain the pension administration system and support pension administration activities.
- Update and verify data for accuracy from the payroll system and other sources to ensure accurate calculations are produced through the pension system.
- Manage the pension system through direct communications/collaboration with software vendor and in-house personnel, payroll and/or IT staff to apply upgrades/enhancements, troubleshoot system and data problems and ensures pension system data integrity.
- Analyze data results for pension batch processing, annual benefit and pension statements, actuarial valuations, annual audit reports and other projects.
- Extract data from the pension system for data evaluation and various reporting.
- Process pension packages and estimates daily from participant requests, retirements, etc.
- Absorb incoming calls and monitor the department email box.
- Analyze government regulations, benefit program trends, and prevailing practices among similar organizations.
- Prepare and communicate government-mandated disclosures.
- Remain current on HIPAA, compliance; participate in the preparation and coordination of benefit plan audits for compliance with HIPAA, SOX, or other government regulations.
- Cook up data and create reports for external vendors, plan providers, auditors, other Valero departments, management, and consultants.
Requirements
- High School diploma or GED required.
- 2 years of professional-level human resources work that includes pension and 401k experience required.
- Utilizes intermediate to advanced Microsoft Excel skills, including data analysis, validation, reconciliation, formulas, pivot tables, and reporting tools, to analyze data and ensure data accuracy required.
- Able and willing to work on-site, in-person at the Valero San Antonio location, required.
Preferred Requirements
- Working knowledge of SAP payroll reporting or other payroll system reporting preferred.
- Bachelor’s degree in Business, Accounting, Finance, or Human Resources preferred.
Benefits
Need more reasons to work for a company that is both professionally challenging and culturally rewarding? Take a look at some of our best-in-class benefits:
- Competitive Pay and Annual Bonus Program
- 100% match on 401(K) up to 7%, with immediate vesting
- Company-sponsored Pension Plan
- Comprehensive Healthcare and Wellness Programs
- Onsite Daycare Center
- Onsite Employee and Family Wellness Centers (Physician & Pediatrician)
- Onsite Pharmacy
- State-of-the-art 24-hour Fitness Center free for employees and spouses with access to Tennis and Basketball Facilities
- Onsite cafeteria open for breakfast and lunch
- Sprawling campus with walking paths and access to biking trails
Pay
This position is salaried exempt status, which means you are not eligible for overtime pay.
Schedule
Primary Location: US-TX-San Antonio