Post-Retirement Benefits Processing Account Representative

State Teachers Retirement System of Ohio • Columbus, OH

4d • $23 • Onsite

About The Position

STRS Ohio is seeking a Post-Retirement, Benefits Processing 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. Compensation: $22.69/hr. or commensurate with education and experience Work Schedule: 8:00am-5:00pm Monday through Friday (Onsite) General Summary: Under the direction of the assistant director, Recipient Benefits Processing and the supervisor, Post-Retirement Benefits Processing, receive and process death reports, analyze documents and records to determine eligible recipients. Pay lump-sum and monthly benefits, determine eligibility and process benefit changes and assist in other areas of benefits processing.

Requirements

• High School diploma or equivalent required.
• College-level coursework or three years’ relevant experience required.
• Demonstrated ability to analyze information and appropriately apply business rules to process requests such as, but not limited to, eligibility and benefit calculations.
• Excellent math and analytical skills required.
• Ability to proofread or evaluate written material required.
• Above-average oral and written communication skills required.
• Excellent organizational skills and a high degree of accuracy and attention to detail required.

Nice To Haves

• Associate degree in business or related field preferred.

Responsibilities

• Process notifications of recipient deaths.
• Research death match accounts to determine beneficiary and payment options.
• Review the member’s record and family information to determine beneficiaries and benefits payable.
• Prepare all the appropriate documents and forms for the benefits payable to the beneficiary, such a power of attorney (POA), bank and tax changes.
• Analyze documents as they are returned and process all payments, including lump-sum and monthly benefits, to all beneficiaries.
• Determine if funds due or paid during the member’s lifetime need to be replaced to the beneficiaries and make those payments.
• Evaluate and determine if benefits are due State Teachers Retirement System of Ohio (STRS Ohio) after the death of the recipient and collect benefit overpayments.
• Prepare collection documentation if applicable.
• Determine eligibility, prepare estimates and make benefit changes due to marriage, divorce and beneficiary death.

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

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