[Hiring] Senior Retirement Administration Specialist @Franciscan Alliance, Inc.

Role Description

The Retirement Plan Specialist Senior is key to the support administration of all network retirement plans with a focus on defined benefit plans, defined contribution plans, and non-qualified deferred compensation plans. In this role you will serve as consultant to all network coworkers, coordinate response to coworker or retiree issues by direct intervention or through external resources, and assure the interface of necessary information between Payroll, HRIS, actuarial firms, trustees, and benefits staff.

• Administer the daily administration of 401(k), 403(b), 457(b), 457(f) and defined benefit plans requesting benefit calculations from the plan actuary and prepares appropriate paperwork.
• Inform prospective retirees about their options by referring to relevant plan documents prior to finalizing applications.
• Follow up as necessary prior to new payment setup in Trustee system.
• Research plan overpayments, requests stop payment/reissues/ACH reversals and follow up with participants or participants' survivors to recover funds due to the plan.
• Maintain participant data regarding address and banking information.
• Utilize, maintain, and review electronic files of scanned back-up records of participant applications and other pension-related documents.
• Educate active and inactive coworkers, and beneficiaries on vesting, plan participation, payment elections and other retirement details.

Qualifications

• Bachelor's Degree in Human Resources, Business Administration, or related field, or a Certified Employee Benefits Specialist (CEBS) certification - Required
• 5 years of professional hands-on employee benefits administration experience of retirement plan administration - Required
• 5 years of in-depth understanding of defined benefit retirement plans, defined contribution retirement plans, non-qualified deferred compensation plans, and the laws/regulations that impact each - Required

Requirements

• Travel is required: Never or Rarely
• Job Range: Senior Retirement Administration Specialist $58,699.62 - $80,711.98
• Incentive: Not Applicable

Equal Opportunity Employer

It is the policy of Franciscan Alliance to provide equal employment to its employees and qualified applicants for employment as otherwise required by an applicable local, state or Federal law. Franciscan Alliance reserves a Right of Conscience objection in the event local, state or Federal ordinances that violate its values and the free exercise of its religious rights. Franciscan Alliance is committed to equal employment opportunity.

Benefits

Franciscan provides eligible employees with comprehensive benefit offerings. Find an overview on the benefit section of our career site, jobs.franciscanhealth.org.