Pension Calculation and Operations Analyst Job at JPMorganChase, Newark, NJ

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  • JPMorganChase
  • Newark, NJ

Job Description

Description

Are you a hands-on Pension Analyst looking to join a large in-house retirement operations team at one of the worlds most admired companies Come make a difference in our team

As a Pension Calculation and Operations Analyst within the Pension Operations team you will combine your in-depth knowledge of Defined Benefit plans with a strong commitment to collaboration innovation and client service. You will perform a variety of benefit calculations engage in data gathering and validation ensure regulatory compliance and communicate with both plan participants and internal teams. This role offers the opportunity to work in a fast-paced environment and provide a best-in-class client/customer experience.

Job responsibilities

  • Provide information and advice on plan documentation discrepancies and/or guidelines e.g. data provisional or other plan/client issues
  • Research and validate participants in accordance with plan rules and regulations
  • Determine pension benefit payable to participants and/or surviving beneficiaries
  • Research plan discrepancy issues and review plan document provisions for benefit calculations
  • Analyze review and guide Pension Operations teams to the resolution of escalated client or participant issues
  • Collaborate with actuary as needed
  • Analyze research and resolve complex issues as assigned
  • Understands importance of compliance accuracy and confidentiality in the work

Required qualifications capabilities and skills

  • Technically inclined with application experience and competence including proficiency with various Defined Benefit Plan structures complex calculations and data
  • Strong mathematical and analytical skills including working experience with data analytics andconfident in reviewing validating and managing large sets of data
  • Ability to balance prioritize multiple projects and understanding of risk management and time management
  • Critical thinking and problem-solving skills
  • Attention to detail and strong written and verbal communication skills

Preferred qualifications capabilities and skills

  • Bachelors degree or equivalent work experience
  • 5 years of defined benefit/pension plan administration experience including performing and reviewing benefit calculations
  • Experience with Cash Plan and traditional Final Average Pay benefit structures preferred
  • Experience in Project Management and/or Analytics
  • Experience in financial analysis data management and data quality are an asset

Required Experience:

IC

Job Tags

Full time, Work experience placement,

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