Assistant Analyst, Retirement Services

BLDG SVC 32 B-J•New York, NY

6d•Onsite

About The Position

Building Services 32BJ Benefit Funds (“the Funds”) is the umbrella organization responsible for administering Health, Pension, Retirement Savings, Training, and Legal Services benefits to over 185,000 SEIU 32BJ members. Our mission is to make significant contributions to the lives of our members by providing high quality benefits and services. Through our commitment, we embody five core values: Flexibility, Initiative, Respect, Sustainability, and Teamwork (FIRST). By following our core values, employees are open to different and new ways of doing things, take active steps to improve the organization, create an environment of trust and respect, approach their work with the intent of a positive outcome, and work collaboratively with colleagues. The Funds oversees and manages $9 billion of dollars in assets, which are made up of many, varied and complex funds. The dollars come from a number of sources, including the property owners who pay into the funds on behalf of their employees, and as such, requires those who oversee and manage the money to be highly skilled financial management people. 32BJ Benefit Funds will continue to drive innovation, equity, and technology insights to further help the lives of our hard-working members and their families. We use cutting edge technology such as: M365, Dynamics 365 CRM, Dynamics 365 F&O, Azure, AWS, SQL, Snowflake, QlikView, and more.

Requirements

Strong mathematical skills required.
Ability to prioritize work and meet deadlines.
High level of proficiency in Microsoft office programs, including Word and Excel.
Strong analytical, problem solving and decision-making skills.
Excellent organizational and prioritizing skills.
Detailed oriented with strong ability to multitask.
Strong oral and written interpersonal skills.
Demonstrated customer service orientation.
Ability to work both independently and as a team player.
Ability to effectively operate in a fast -paced work environment.

Nice To Haves

Basic accounting skills preferred.

Responsibilities

Calculate pension benefits for new retirees and estimated projected benefits for future retirees.
Analyze and process pension applications for completeness and accuracy; draft follow-up correspondence as needed.
Perform banking transactions, including but not limited to pension check stop/reissues and voids.
Work with third party vendors to collect data on deceased pensioners, update system accordingly with findings, and process bank reclaims for overpaid benefits.
Track pension overpayments on a plan-by-plan basis and enforce overpayment recoupment policies.
Reinstate suspended pensioner accounts after validating documentation as per plan rules.
Validate work history and prior service records to calculate pension service credits.
Perform data entry.
Complete standardized written member communications.
Assist Retirement Analysts and CARE Counselors as needed with administrative and analytical pension calculations.
Special projects as assigned by management.