Retirement Benefits Analyst

About the role

MPI has an opening for a Retirement Benefits Analyst. The Analyst is responsible for assisting with various benefit processes which support the retirement process for Participants in our Pension and Health Plans (the Plans).

Responsibilities

• Create pension and IAP retirement applications and benefit election packets and review for accuracy.
• Analyze retirement calculations and ensure the correct amounts are produced by the pension system, remediating any identified issues.
• Review and validate all benefit election forms and other supporting documents received from Participants.
• Provide customer assistance by phone, email, and in-person meetings to Participants.
• Prepare the pension file with supporting documentation for audit and completion.
• Set up internal systems for recurring pension payments and IAP payments as per the benefit election.
• Send correspondence to Participants to confirm and facilitate completion of the retirement process.
• Follow established workflow processes including utilization of the Opus Business Process Management (BPM) tool.
• Maintain accurate customer records on internal recordkeeping systems.
• Assist in the Visitor Center, as needed.
• Maintain Participant and department files and supplies.
• Aid in the preparation of annual participant statements, required minimum distributions, and pension verifications.
• Assist with special projects and additional duties as assigned to support department objectives.

Requirements

• Bachelor’s degree in business administration preferred, or equivalent experience handling Retirement Benefits related work.
• Minimum 3-5 years' hands-on experience with defined benefits plans or trust fund experience preferred.
• Strong mathematical aptitude and problem-solving skills are essential.
• Ensure accuracy and precision in work output, maintaining neat and meticulous attention to detail with a high level of accuracy.
• Advanced proficiency in Microsoft Outlook, PowerPoint, Excel and Word required.
• Excellent oral and written communication skills.
• Excellent attendance, punctuality, and reliability, including the ability to work extended hours/overtime as needed.
• Ability to work with individuals at all levels of the organization.
• Ability to accept direction and developmental guidance from supervisors to support professional development and growth.

Qualifications

• Advanced proficiency in Microsoft Outlook, PowerPoint, Excel and Word required.
• Excellent oral and written communication skills.
• Ability to work with individuals at all levels of the organization.
• Ability to accept direction and developmental guidance from supervisors to support professional development and growth.

Skills

• Strong mathematical aptitude and problem-solving skills.
• Advanced proficiency in Microsoft Office Suite.
• Excellent communication skills.
• Attention to detail and accuracy.
• Ability to work independently and collaboratively.
• Ability to handle multiple tasks and prioritize workload.

Benefits

• Comprehensive benefits package, including free medical, dental, and vision coverage.
• Generous paid time off.
• Retirement benefits.
• Professional development opportunities.

Pay

This is a Union-Affiliated position. MPI offers a comprehensive benefits package, including free medical, dental, and vision coverage, generous paid time off, retirement benefits, and professional development opportunities.

Schedule

Not specified.