Entry Level Pension Processor Jobs (NOW HIRING)

Description

Job Title: Pension Analyst 

Location: Towson, MD
Reports To: DB Administration Leader
Employment Type: Full-Time
Salary Range: $55,000 - $70,000
 

About the Role 

We are seeking a detail-oriented and client-focused Pension Analyst to join our team. This is an entry-level opportunity ideal for recent college graduates who have 0-2 years of relevant experience and are beginning a career in pension administration. In this role, you will receive training while supporting the administration of defined benefit pension plans across single employer, public employer, and multi-employer environments. You will build foundational skills in benefit calculations, participant communication, and defined benefit pension regulations. 

The ideal candidate likes working with numbers, reviewing plan provisions, and collaborating with both clients and internal teams to deliver high-quality defined benefit pension administration services. 

Key Responsibilities 

• Assist with preparing individual benefit calculations and recurring benefit statements for defined benefit pension plans using a variety of calculation tools.  
• Prepare pension distribution forms and participant correspondence. 
• Learn to review plan documents, provisions, and administrative practices to support accurate benefit calculations and participant questions. 
• Support responses to participant inquiries by phone and in writing with professionalism, clarity, and accuracy. 
• Serve as a Service Center representative when needed. 
• Maintain detailed, accurate, and well-organized records. 
• Assist with new client transitions, including documentation, setting up processes, and participant communications. 
• Communicate effectively with clients, plan participants, and internal stakeholders regarding deliverables, timelines, and status updates. 
• Take ownership of work quality, accuracy, and timeliness, meeting service level agreements and internal deadlines. 
• Work collaboratively within a team environment while demonstrating individual initiative. 
• Adhere to hybrid work expectations, including being in the office three days per week (exceptions may be provided on an ad-hoc basis). 

Requirements

Qualifications & Skills 

• Bachelor's degree in mathematics, finance, business, economics, accounting, or a related field.  
• Strong written and verbal communication skills, particularly in participant-facing communications. 
• Excellent interpersonal skills with the ability to explain technical concepts in a clear, approachable manner. 
• Strong mathematical, analytical, and problem-solving skills. 
• Basic proficiency in Microsoft Excel and Word. 
• Strong attention to detail and commitment to accuracy and quality standards. 

Preferred Qualifications 

• 0-2 years of experience in defined benefit pension administration, finance, benefits, or a related field 
• Exposure to defined benefit plans or retirement plan administration 
• Customer service or participant communication experience 

Why Join Us 

• Competitive compensation and benefits package 
• Collaborative, team-oriented work environment 
• Opportunities for professional growth and development 
• Meaningful work supporting retirement security for plan participants 

Our firm offers a collegial work environment, opportunities for professional growth, and a generous benefits package, including family health, vision, and dental benefits; employer-paid disability and life insurance benefits; a 401(k) plan with match after 6 months of employment; vacation and sick leave; paid holidays; hybrid telework arrangements; and monthly fitness stipends. 

Equal Employment Opportunity & Accessibility Statement 

We are an Equal Opportunity Employer and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under applicable law. 

Applicants requiring reasonable accommodation during the application or interview process may contact Human Resources for assistance. 

Additional Information 

Employment may be contingent upon the successful completion of a background check, consistent with applicable laws.