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Benefits Analyst I
Ref No.: 18-00007
Location: Philadelphia, Pennsylvania
Position Type:Contract to Hire
Start Date: 01/03/2018
DIRECT CLIENT REQUIREMENT
Job Title: Benefits Analyst I
Location: Philadelphia, PA
Duration: 5 months

Description:

The Role
The complexity, costs and risks associated with employee benefits pose an increasing threat to business performance. An enterprise-wide strategy for managing benefits gives our clients the framework to develop programs that work in concert to help attract and retain top talent in a cost-effective manner so they can offer benefits that give them a competitive edge while meeting the needs of their employees.
Our Retirement team provides expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering and communicating all types of retirement plans.
In this role you will perform recurring plan administration services and work assignments for clients' defined benefit plans under the supervision of senior analysts and will assist with project work and other ad hoc client support services as requested.

Some of your responsibilities would include:
  • Perform with guidance from other team members, routine and recurring plan administration tasks for clients' defined benefit plans (e.g., benefit calculations, annual data updates, assist with preparation of benefit statements)
  • Work cooperatively with other team members (Client plan administrators, actuaries) to complete tasks and to ensure unified delivery of services
  • Gain a thorough understanding of the plan design ( e.g., benefit formulas, options, eligibility)
  • Follow and update documentation materials as directed
  • Maintain complete and accurate work papers and audit trails
  • Learn and use ProfessionalExcellence tools and concepts to ensure efficient and quality output/service delivery
  • Serve as a contact with clients' human resources personnel
  • Adhere to plan documents and government regulations in administering plans
  • Actively participate in team meetings and training activities
  • Be accountable to team members for agreements and commitments

The Requirements
  • Bachelors or Master's degree in mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
  • Solid mathematical and analytical skills
  • Work experience that demonstrates strong technical, and/or client service and leadership skills
  • Passion for solving problems and sharing solutions to exceed the standards of the client
  • Ability to be a self-starter and work independently, but also cooperatively in a close team environment
  • Ability to prioritize and have good attention to detail
  • Excellent oral and written communication skills
  • Excellent Microsoft Office skills, particularly in Excel
  • Minimum Experience: 1-3 years experience