Analyst, Large Case Pensions

CVS HealthHartford, CT
$43,888 - $93,574Hybrid

About The Position

This position will be focused on retirement processing and related activities, including client communication and reporting, cost-of-living adjustments, other benefit adjustments, calculation of the Aetna-guaranteed portion of new benefits, pre-retirement death benefits, qualified domestic relations orders, tax withholding, retiree insurance deductions and bulk annuity payment arrangements. This individual must have the ability to work effectively in a team environment and adapt to changing priorities. Comply with all audit and control requirements adhering to established department guidelines and guarantee privacy of personal information. Lastly, this position will follow the CVS/Aetna Hybrid Work Model (Tuesday-Thursday in office; Monday and Friday remote).

Requirements

  • 2+ years of analytical and problem-solving skills
  • 1+ years of customer service experience working with clients, payees and clients’ consultants
  • 1+ years of Microsoft Word and Excel experience
  • Understanding of defined benefit pension plans, benefits, forms of annuity, contracts, and related regulations
  • Familiarity with Aetna’s pension benefits system and all aspects of benefits processing and benefit calculations
  • Communication skills
  • Organizational skills in order to manage many different open responsibilities at once
  • Mathematical aptitude, adaptability, and interest in learning new business and technical functions
  • Attention to detail with a high degree of accuracy and timeliness in all responsibilities

Nice To Haves

  • Experience with defined benefit plan concepts
  • Strong written and verbal communication skills

Responsibilities

  • Retirement processing and related activities
  • Client communication and reporting
  • Cost-of-living adjustments
  • Other benefit adjustments
  • Calculation of the Aetna-guaranteed portion of new benefits
  • Pre-retirement death benefits
  • Qualified domestic relations orders
  • Tax withholding
  • Retiree insurance deductions
  • Bulk annuity payment arrangements
  • Comply with all audit and control requirements adhering to established department guidelines
  • Guarantee privacy of personal information

Benefits

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Paid time off
  • Retirement savings options
  • Wellness programs
  • Other resources, based on eligibility
  • CVS Health bonus, commission or short-term incentive program
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