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Defined Benefit Jobs (NOW HIRING)

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Defined Benefit information

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$49.5K

$85.8K

$116.5K

How much do defined benefit jobs pay per year?

As of Aug 22, 2026, the average yearly pay for defined benefit in the United States is $85,750.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,000.00 and $94,500.00 per year, depending on experience, location, and employer.

What is a defined benefit?

A Defined Benefit job typically refers to roles related to managing, administering, or overseeing defined benefit pension plans. These roles exist in financial institutions, insurance companies, or HR departments and involve ensuring accurate pension calculations, compliance with regulations, and proper fund management. Professionals in this field may work as pension analysts, actuaries, or benefits administrators. Their primary responsibility is to ensure retirees receive promised benefits based on salary and service years.

What are the most typical responsibilities for someone working in a defined benefit plan administration role?

Professionals in Defined Benefit plan administration are typically responsible for calculating pension benefits, preparing regulatory filings, updating participant records, and communicating with plan members about their retirement options. You may also work closely with actuaries, payroll teams, and compliance staff to ensure plans remain up-to-date with changing laws and accurate benefit payments are made. Additionally, you could assist with annual actuarial valuations, benefit statements, and audit support. The work environment is often collaborative, detail-oriented, and deadline-driven, offering opportunities to build expertise in retirement benefits and advance into higher-level roles such as plan manager or actuary.

What are the key skills and qualifications needed to thrive in the defined benefit position, and why are they important?

To thrive in a Defined Benefit role, you need strong analytical skills, a thorough understanding of pension plan regulations, and a background in finance, mathematics, or actuarial science. Proficiency with pension administration software, Excel, and potentially actuarial tools like ProVal or GASB is often required. Detail orientation, problem-solving abilities, and professional communication skills help you effectively manage complex data and client interactions. These competencies ensure accuracy, compliance, and excellent service in managing defined benefit pension plans for organizations and participants.

More about Defined Benefit jobs

What cities are hiring for Defined Benefit jobs?

Cities with the most Defined Benefit job openings:

What are the most commonly searched types of Defined Benefit jobs?

The most popular types of Defined Benefit jobs are:

What states have the most Defined Benefit jobs?

States with the most job openings for Defined Benefit jobs include:

What job categories do people searching Defined Benefit jobs look for?

The top searched job categories for Defined Benefit jobs are:

Infographic showing various Defined Benefit job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 71% Physical, 1% Hybrid, and 28% Remote job distribution, with an average salary of $85,750 per year, or $41.2 per hour.

Director, Defined Benefit Operations

Soteria Reinsurance Ltd.

Covington, KY โ€ข On-site

$150 - $230/hr

Other

Posted 14 days ago


Job description

Director, Defined Benefit OperationsSkip to main content#Director, Defined Benefit Operations page is loaded## Director, Defined Benefit OperationsApplylocations: Covington, KYtime type: Full timeposted on: Posted Todayjob requisition id: 2131134## ## Job Description:**Note: Fidelity is not providing immigration sponsorship for this position.**## **The Role**As a Director within the Defined Benefit Operations, you blend deep Defined Benefit domain expertise with a passion for collaboration and innovation. As a strategic leader, you will work closely with Relationship Management, Client Services, Direct Client contacts, Analysts, and Participant services. You will contribute to strategic direction and evaluate its impact on pension plan administration. The Director has overall accountability for ensuring the delivery of quality client and operational services, resulting in fully satisfied and referenceable clients. You have responsibility for Customer Research and Resolution and Transaction Processing to ensure world class service is delivered to internal parties, clients, and participants, while promoting efficient processes and managing costs and risk.In this role, you will:* Provide oversite of team to ensure we are meeting our customer service levels and other expectations.* Participate in planning activities and other relevant meetings to represent DB while understanding projects going on in other business units* Ensure that the goals, values, and philosophy of Fidelity are communicated and understood within the team* Mentor and develop team members to achieve personal career and developmental goals within the position; Monitor goal and performance measurements and plan or take corrective action where necessary* Support the strategic goals of Senior Management* Promote process efficiencies and improvements and achieve cost reduction and customer satisfaction targets* Exercise good business sense and apply legal/compliance considerations in handling risk by mitigating or eliminate potential operational defects and procedural gaps* Plan for future growth, day-to day management, and contingencies to maintain quality service delivery* Continuously perform capacity planning, resource allocation, budgeting, and succession planning* Promote a partnership atmosphere, cultivate teamwork, and communicate across Defined Benefit business partners to ensure that cohesive business goals are collectively pursued* Communicate and reinforce the value of cross-functional relationships that will improve team effectiveness* Anticipate and lead needed organizational and operational changes, using feedback, data, and sound business judgment**The Expertise and Skills You Bring*** Bachelorโ€™s Degree required; MBA desired* 8-10 years of experience in benefits outsourcing plan administration, preferably with large Fortune 1000 clients* Management experience required* Leadership and problem- solving skills facilitating an environment of continuous improvement* Working experience of data analytics, visualization tools, PowerPoint, Microsoft Applications* Ability to navigate across the Fidelity organizations and at various levels within the organization* Ability to work directly with clients when needed* Demonstrated process oversite expertise* Strong organization skills* Demonstrated abilities in leading, motivating, and cultivating high performing teams in a dynamic and changing environment* Analytical skills to perform high-level cost, risk, and benefit analysis without compromising quality customer service* Good communication, both verbal and written; ability to implement education and training across broad operational function* Project management skills- lead, manage and participate in department and strategic business level projects* Forward looking, analytical, continuous improvement mentality* Consistently demonstrates the ability to establish and maintain a high level of client satisfaction through consistent service delivery**The Team**This role will reside within Workplace Investing Defined Benefit Operations team. You will be responsible for handling the day to day oversight of recruiting, providing leadership, mentoring, and communicating strategic direction to the transactional operations teams for designated clients. You will support the goals of the organization, working with Estimation and Capacity, Client Services, Relationship Management, Systems, Participant Services and other lines of business. You will serve as the primary internal point of contact for the client and work to solve and solution problems and be empowered to make decisions based on trends, issues, and business drivers.Fidelityโ€™s Onsite Working Model Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.## ## Certifications:## ## Category:## Transaction ProcessingPlease be advised that Fidelityโ€™s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.### About UsAt Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com.Fidelity Investments is an equal opportunity employer.Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following:* For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 2* For roles based in Ireland: Contact AccommodationsIreland@fmr.com* For roles based in Germany: Contact Accommodationsgermany@fmr.comFidelity Privacy Policy #J-18808-Ljbffr