Pension Specialist (hybrid/Bannockburn, IL)

About the role

This Pension Specialist role is a hybrid role with the flexibility to work both virtually and two days from our Bannockburn, IL office. As a Pension 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.

Pay

The salary range for this position (intended for U.S. applicants) is $58,000 - $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.

Benefits

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.

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile 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 for our colleagues as well. 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.