Analyst, Large Case Pensions
About The Position
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. 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.
Requirements
- 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
- 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
Nice To Haves
- Experience with defined benefit plan concepts
- Strong written and verbal communication skills
Responsibilities
- Focus on retirement processing and related activities.
- Handle client communication and reporting.
- Manage cost-of-living adjustments and other benefit adjustments.
- Calculate the Aetna-guaranteed portion of new benefits.
- Process pre-retirement death benefits.
- Handle qualified domestic relations orders.
- Manage tax withholding.
- Process retiree insurance deductions.
- Manage bulk annuity payment arrangements.
- Work effectively in a team environment and adapt to changing priorities.
- 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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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
