Senior Pension Administrator - Early Career

Fidelity Investments • Durham, NC

11d

About The Position

This is an early-career role on a team that processes financial calculations for Defined Benefit (DB) clients. DB plans, also known as pension plans, promise employees a set retirement benefit. The role involves accurately and promptly processing calculations, interpreting plan rules, and supporting client service teams. Structured training on pension concepts, systems, and calculations is provided, along with guidance from experienced team members. Fidelity’s Defined Benefit group serves plans of varying sizes and complexity and focuses on accurate benefit calculations and participant service. As employees grow in the team, opportunities may arise to mentor and coach others and progress to Lead Pension Administrator or Analyst roles. Fidelity will not provide immigration sponsorship for this position.

Requirements

• Bachelor’s degree; all majors are welcome to apply.
• Strong analytical and intuitive skills.
• Motivation, commitment to excellence, a positive demeanor, and a can-do work ethic.
• Ability to collaborate while meeting individual timeliness, accuracy, and quality standards.
• Ability to adapt to a constantly evolving environment.
• Strong interpersonal skills and attention to detail.
• High integrity and discretion when handling confidential client and participant data.
• Strong written and verbal communication skills.
• Ability to coach and instruct others.
• Strong PC software skills, including Excel, Outlook, and Word.

Nice To Haves

• A major in Mathematics, Finance, Business, or Accounting is preferred.

Responsibilities

• Process financial calculations while meeting timeliness and accuracy standards and interpreting Defined Benefit plan rules to ensure compliance with plan documents.
• Support internal Client Service teams and develop subject matter expertise on assigned clients.
• Manually calculate and review pension benefits for plan participants.
• Support monthly testing of system upgrades and releases.
• Participate in special departmental projects.
• Document updates to User Procedure Documentation.
• Potentially mentor and coach others as experience grows.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level