ASSISTANT PENSION MANAGER Job at Midwest Operating Engineers Fringe Benefit Fund, La Grange, IL

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  • Midwest Operating Engineers Fringe Benefit Fund
  • La Grange, IL

Job Description

Job Description

Job Description

Duties and Essential Job Functions:

The Pension Assistant Manager is responsible for supervising pension representatives and support staff. This position will be the primary lead for benefit calculation review, staff supervision and training for a $5.5 billion pension plan paying out over 11,000 pensioners and beneficiaries.

Essential Functions:

  • Supervise the work and training of 14 pension representatives, support staff and interns.
  • Assist with mid-year and final reviews of staff.
  • Provide mid-level to final review for new pensions, late retirement adjustments, QDRO segregations, RBD, Lump Sum and interest calculations.
  • Assist in month end and year end balancing.
  • Assist with review of amendments, SPDs, Plan language as necessary.
  • Work with the Funds’ auditors in the preparation of annual audits and filings.
  • Available to present to the membership at Know Your Union meetings, Pre-Retirement Seminars and Benefit Fairs as needed.
  • Assist in monthly appeal processes as needed to ensure compliance with plan provisions.

Education and Experience:

  • Bachelor’s degree preferred with analytical focus or equivalent business experience of five (5) years.
  • Must have 5 plus years in Taft-Hartley or collectively bargained environment with a minimum of 2 years managing a qualified pension plan and support staff preferred.

Position Qualifications & Required Skills:

  • Expert on benefit calculations, QDROs, ERISA and related IRS/DOL codes
  • Working knowledge of pension benefit plans and benefits administration systems
  • Advanced skills in excel and background in programming and testing software
  • Strong management and leadership skills required; able to coach, mentor, motivate, and create improvement processes
  • Commitment to accuracy

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required:

-Ability to Build Relationships – able to quickly establish trust and rapport with coworkers by acting as a good listener and problem solver.

-Communicate with impact – excellent oral and written communication skills with ability to communicate in simple, persuasive ways. Able to act appropriately when faced with confrontation and communicate difficult messages with sensitivity and tact.

-Accountability – hard worker, self-motivated, delivers on commitments, owns up to mistakes when made.

-Adaptability – positive, flexible, and a good problem solver. Good with change.

-Self- Confidence – sets high standards for personal growth, “can-do” attitude, and strong sense of who they are.

- Inspires Others – works well with others and can motivate others to achieve goals.

Computer skills – Must be computer savvy. Proficient in Microsoft Office and Excel.

Job Tags

Work at office, Flexible hours,

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