Pension Specialist (hybrid/Bannockburn, IL)
About The Position
This Pension Specialist role is a hybrid role with the flexibility to work both virtually and two days from our Bannockburn, IL office. Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed. As a Pension Specialist, you will provide defined benefit administrative calculation and consulting services directly to clients. You will make an impact in others’ lives by working with our client’s employees to help them understand their pension plans and to meet their retirement goals.
Requirements
- Undergraduate degree or equivalent years of proven experience.
- Mathematical proficiency.
Nice To Haves
- Basic spreadsheet (i.e. Excel) knowledge- preferred.
- Basic database (i.e. Access) knowledge- preferred.
- Bilingual language skills- a plus, but not required.
Responsibilities
- Respond to member calls and facilitate member requests.
- Communicate with members on pension plan provisions and payment elections.
- Coordinate monthly pension payments with trustee.
- Review member data and revise if information is missing or inaccurate.
- Handle benefit plan administration and management of special projects associated with defined benefit plans for various clients.
- Maintain client databases and benefit calculation log.
- Assist with the testing of the system for new clients according to the plan provisions and administrative requirements.
- Maintain current knowledge of client specific plan provisions and broaden knowledge of defined benefit administration rules.
Benefits
- a 401(k) savings plan with employer contributions
- an employee stock purchase plan
- consideration for long-term incentive awards at Aon’s discretion
- medical, dental and vision insurance
- various types of leaves of absence
- paid time off, including 12 paid holidays throughout the calendar year
- 15 days of paid vacation per year
- paid sick leave as provided under state and local paid sick leave laws
- short-term disability and optional long-term disability
- health savings account
- health care and dependent care reimbursement accounts
- employee and dependent life insurance and supplemental life and AD&D insurance
- optional personal insurance policies
- adoption assistance
- tuition assistance
- commuter benefits
- an employee assistance program that includes free counseling sessions
- two “Global Wellbeing Days” each year
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
