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JPMorganChase
Newark, Delaware, United States
(on-site)
Posted
1 day ago
JPMorganChase
Newark, Delaware, United States
(on-site)
Job Type
Full-Time
Job Function
Banking
Pension Calculation and Operations Analyst
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Pension Calculation and Operations Analyst
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Are you a hands-on Pension Analyst looking to join a large in-house retirement operations team at one of the world's most admired companies? Come make a difference in our teamAs 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 and confident 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
- Bachelor's 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
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
\n Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.\n
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\n Human Resources plays a critical role in driving the employee experience, shaping the firm's culture and building a diverse and inclusive workforce. We are a strategic partner to the business - working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.\n
Job ID: 81301588
Please refer to the company's website or job descriptions to learn more about them.
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