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Benefit Calculation Analyst Jobs (NOW HIRING)

Segal Group

Pension Analyst

Chicago, IL · Hybrid

The Pension Analyst is responsible for the preparation of a variety of benefit calculations which include straight forward benefit calculations, post-Normal Retirement actuarial increase calculations ...

Segal Group

Pension Analyst

Chicago, IL · Hybrid

The Pension Analyst is responsible for the preparation of a variety of benefit calculations which include straight forward benefit calculations, post-Normal Retirement actuarial increase calculations ...

Segal

Pension Analyst

Chicago, IL · On-site

The Pension Analyst is responsible for the preparation of a variety of benefit calculations which include straight forward benefit calculations, post-Normal Retirement actuarial increase calculations ...

Bolton Partners Inc

Pension Analyst

Towson, MD · On-site

$55K - $70K/yr

Pension Analyst Location: Towson, MD Reports To: DB Administration Leader Employment Type ... You will build foundational skills in benefit calculations, participant communication, and defined ...

Bolton Partners Inc

Pension Analyst

Towson, MD · Hybrid

$55K - $70K/yr

Pension Analyst Location: Towson, MD Reports To: DB Administration Leader Employment Type ... You will build foundational skills in benefit calculations, participant communication, and defined ...

Bolton Partners Inc

Pension Analyst

Towson, MD · On-site

$55K - $70K/yr

Pension Analyst Location: Towson, MD Reports To: DB Administration Leader Employment Type ... You will build foundational skills in benefit calculations, participant communication, and defined ...

mpi

Retirement Benefits Analyst

Los Angeles, CA

Create pension and IAP retirement applications and benefit election packets and review for accuracy. * Analyze retirement calculations and ensure the correct amounts are produced by the pension ...

LifeWorks, Inc.

Sr. Business Analyst

Hartford, CT · On-site

$60K - $80K/yr

Perform and review complex Defined Benefit calculations, including late retirements, QDROs, RMD, and non-routine scenarios. * Interpret and apply plan provisions, regulatory requirements, and ...

Lifeworks

Sr. Business Analyst

Hartford, CT

$60K - $80K/yr

Perform and review complex Defined Benefit calculations, including late retirements, QDROs, RMD, and non-routine scenarios. * Interpret and apply plan provisions, regulatory requirements, and ...

Lockton

Senior Benefit Analyst

Chicago, IL · On-site

$74K - $97K/yr

... Benefit Analystfor our Employee Benefits consulting group. This analyst is responsible for ... High aptitude for mathematical calculations including multiplication, division, and percentages

Lockton, Inc.

Senior Benefit Analyst

Chicago, IL · On-site

$74K - $97K/yr

... Benefit Analystfor our Employee Benefits consulting group. This analyst is responsible for ... High aptitude for mathematical calculations including multiplication, division, and percentages

Lockton Companies

Senior Benefit Analyst

Chicago, IL · On-site

$74K - $97K/yr

... Benefit Analystfor our Employee Benefits consulting group. This analyst is responsible for ... High aptitude for mathematical calculations including multiplication, division, and percentages

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Benefit Calculation Analyst information

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How much do benefit calculation analyst jobs pay per year?

As of Jun 7, 2026, the average yearly pay for benefit calculation analyst in the United States is $72,338.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,000.00 and $82,500.00 per year, depending on experience, location, and employer.
Benefit Calculation Analyst jobs near you
Infographic showing various Benefit Calculation Analyst job openings in the United States as of May 2026, with employment types broken down into 18% As Needed, 36% Full Time, 23% Part Time, 9% Temporary, and 14% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $72,338 per year, or $34.8 per hour.

Pension Analyst

Segal Group

Chicago, IL • Hybrid

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 8 days ago

Job description

We are recruiting for a Pension Analyst to join the Benefits Administration Group with the Chicago Retirement practice.  

The Opportunity: This position affords an immediate opportunity to apply analytical, problem-solving, and technical skills. The Pension Analyst will deliver results to a broad and diverse range of clients.

The Role: The Pension Analyst is responsible for the preparation of a variety of benefit calculations which include straight forward benefit calculations, post-Normal Retirement actuarial increase calculations, Minimum Required Distributions, and Suspension of Benefit/Return to Work calculations.  Individual will review Qualified Domestic Relations Orders (QDROs), prepare shared and/or separate interest calculations for alternate payee, and work on other assigned projects for clients across all markets in the Midwest.  Additional responsibilities include (but will not be limited to):

  • data collection from clients, consultants, and client teams;
  • preparation and maintenance of Excel spreadsheets used to perform certain pension calculations;
  • research of plan discrepancy issues;
  • review of plan document provisions in order to prepare benefit calculations;
  • preparation of letters to clients summarizing regarding calculations results; and
  • manage plan administration procedures as it relates to regulatory compliance rulings, communicate with both internal client teams and external client contacts, and update or create model programs for calculation purposes.

Key Requirements: The qualified candidate must have:

  • an undergraduate degree in Mathematics, Statistics, Actuarial Science or related discipline; 
  • excellent analytical skills, advanced Excel skills, and other relevant computer and software skills;
  • strong time and project management skills; and
  • attention to detail as well as strong written and verbal communication skills.  

About Segal and its Total Rewards Program...

Segal is a privately owned, leading North American employee benefit, human resources, and investment management consulting firm with over 80 years of history providing trusted advice that improves lives. Clients include public and private corporations, multiemployer trust funds, public sector entities, higher education institutions, institutional advisors, among many others.

Segal's total rewards are part of what makes Segal a special place to work. The current salary range for this position is $62,500-$75,000 plus opportunity for a discretionary performance bonus based on company profitability and employee performance. In addition, Segal offers a comprehensive suite of benefits to include a non-contributory defined benefit pension plan, matching and discretionary contributions to a 401(k)-profit sharing plan, medical and prescription benefits including contributions to a health savings account for eligible employees, dental benefits, life insurance, disability insurance, an Employee Assistance Program, wellness benefit reimbursements and rewards, and professional credential and tuition reimbursement. Segal also provides comprehensive paid time off including holidays, vacation days, sick leave, paid family leave and sabbaticals.

Join Segal:

If your qualifications align closely with what we have described, we encourage you to apply. Your unique background and skills matter because at Segal, we believe that different experiences and perspectives drive innovation and excellence. We are committed to creating a fair and transparent hiring process and all hiring decisions will be merit-driven. If you require accommodation during the interview, please let us know. Thank you for considering Segal. We are excited to learn more about you!

Please Apply: Segal is the right size, the right organization and...the right move for you!

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