Sr Retirement Benefit Analyst

Principal Financial Services • Des Moines, IA

307d • $63,750 - $182,400 • Remote

About The Position

We're looking for a Retirement Benefit Analyst to join our Calculation Policy Team. In this role, you'll analyze, research, and consult on benefit calculation issues for large and complex defined benefit pension plans. You'll bring leadership savvy and technical expertise for projects involving coordination between departments!

Requirements

• Bachelor's degree or equivalent of 8 years' experience required (Degree in Math, Actuarial Science, Statistics, or major in an analytical field is preferred)
• 5+ years of work-related experience in defined benefit pension field required
• Strong mathematical, technical and analytical skills along with keen attention to detail
• Excellent analytical, problem solving, presentation and communication skills
• Passion for solving problems and sharing solutions
• Strong decision making and organizational skills
• Strong mentoring, interpersonal and listening skills
• Ability to interpret complex plan provisions
• Ability to handle a heavy workload and prioritize to meet deadlines
• High integrity and discretion to ensure the confidentiality of sensitive client data
• Strong understanding all regulatory items that affect participant calculations

Nice To Haves

• High level of proficiency in Microsoft Office Excel and other Microsoft Office applications
• Defined benefit actuarial experience is a preferred; Enrolled Actuary designation is a plus

Responsibilities

• Work with a dedicated team to onboard new defined benefit plans that are moving to Principal
• Analyze and understand pension plan documents and benefit calculations performed by others
• Coordinate with the plan sponsor, legal counsel, and outside administrators to fully understand and document all aspects of benefit calculations
• Proactively solve problems and suggest solutions as they arise
• Provide expert knowledge related to benefit calculations and clearly communicate technical benefit calculations in simple terms to internal and external partners
• Provide pension technical assistance to business partners involving research, calculation expertise and analysis, and solving questions and problems
• Identify efficiencies and propose solutions to implement those efficiencies
• Contribute to the continued improvement and growth of the defined benefit practice through collaboration, mentoring, and development

Benefits

• Flexible Time Off (FTO) for salaried employees
• Pension Eligible

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree