Benefit Services Account Representative

State Teachers Retirement System of OhioColumbus, OH
18d$23Onsite

About The Position

STRS Ohio is seeking a Benefit Services Account Representative, to join the Member Benefits/Recipient Benefits Processing team. Established in 1920 and serving Ohio’s educators, STRS Ohio is one of the nation’s largest retirement systems, serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $96.9 billion as of June 30, 2024, in assets and paying more than $7 billion in benefits annually. STRS Ohio provides a competitive pay, and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center. At STRS Ohio, you can experience rewarding work in a professional, business casual work environment. We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team.

Requirements

  • High school diploma or equivalent required.
  • Demonstrated ability to analyze information and appropriately apply business rules to process requests such as, but not limited to, eligibility and benefit calculations.
  • Above-average mathematical aptitude required.
  • Above-average oral and written communication skills required.
  • Interpersonal skills necessary to deal effectively and courteously with internal and external contacts required.
  • Above-average organizational skills and a high degree of accuracy and attention to detail required to complete day-to-day and ad-hoc assignments.
  • Proven ability to operate Microsoft Office programs and standard office equipment required.

Nice To Haves

  • Associate degree in business or related field preferred however, an equivalent combination of education, training and relevant STRS Ohio experience may be considered in lieu of a degree.

Responsibilities

  • Analyze reemployment payment applications and member records and pay the correct reemployment benefit.
  • Process Required Minimum Distribution (RMD) payments for reemployed retirees according to the Internal Revenue Code.
  • Research and reissue returned benefit payments.
  • Determine continued eligibility for the outstanding and stale dated payments and replace the payments as appropriate.
  • Analyze forms and make appropriate bank, address, tax withholding, power of attorney (POA), guardianship and beneficiary designation changes as appropriate.
  • Communicate with members, recipients, beneficiaries, reemployed retirees and other entities regarding data changes; beneficiary designations; reemployed applications and other forms; outstanding check issues and POA/guardianship documents.
  • Evaluate re-employed retiree accounts to determine if a reemployment violation exists, investigate the potential violation and communicate resolution with the recipient

Benefits

  • on-site parking
  • educational assistance
  • subsidized medical insurance
  • fully paid dental and life insurance
  • vacation and sick leave
  • retirement benefits
  • on-site fitness center

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

High school or GED

Number of Employees

501-1,000 employees

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