Job Overview
We are seeking a dynamic and detail-oriented Pension Plan Manager to help with the administration and strategic management of our client's pension plans. In this vital role, you will oversee the design, implementation, and ongoing compliance of pension programs, ensuring they meet regulatory standards while aligning with the Fund's goals. Your expertise in HR systems, benefits administration, and regulatory reporting will drive the success of our client's retirement offerings. This position offers an exciting opportunity to influence participants' retirement benefits positively while maintaining good customer relations with our clients and meeting rigorous legal and financial standards.
Duties
- Manage the end-to-end administration of pension plans, including plan design, compliance, and communication with stakeholders (Benefit Managers, Fund Attorneys, etc.).
- Follow Taft-Hartley, ERISA and IRS guidelines.
- Collaborate with legal teams to review contracts and ensure pension plan is administered according to plan documents.
- Coordinate with legal counsel to ensure plan administration meets legal standards.
- Attend client meetings online and in person.
- Assist with regular audits of pension data for accuracy and compliance to help prepare regulatory reports for agencies such as the Department of Labor or IRS.
- Provide guidance on benefits administration related to pensions, health insurance knowledge, and other employee benefits programs.
- Support participant orientation sessions regarding retirement options and conduct training on pension plan features.
- Handle confidential information with utmost discretion while communicating complex pension details clearly to clients.
- Stay updated on changes in pension field and relevant regulations such as HIPAA or Medicare requirements affecting pension plans.
Qualifications
- Bachelor’s degree in Human Resources, Business Administration, Finance or related field OR equivalent experience in the benefits field; advanced certifications preferred.
- Proven experience managing pension plans or retirement benefits.
- Familiarity with Taft-Hartley, employment & labor law, HR legal compliance, ERISA regulations, and regulatory reporting requirements.
- Excellent data analysis skills to interpret complex pension data and generate actionable insights.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) for documentation and reporting purposes.
- Exceptional communication skills to explain technical pension concepts clearly to diverse audiences.
- Ability to handle confidential information responsibly while maintaining high levels of professionalism.
- Strong negotiation skills for vendor management related to HR systems support or external pension consultants.
Join us as a Pension Plan Manager and play a pivotal role in shaping our clients' participants futures through innovative retirement solutions! We are committed to fostering an environment where your expertise can thrive while making a meaningful impact on participants' lives.
Benefits:
- 401(k)
- 401(k) matching
- Health insurance
- Dental insurance
- Vision insurance
- 100% Employer paid Life insurance
- 100% Employer paid AD&D insurance
- 100% Employer paid Short Term Disability
- 100% Employer paid Long Term Disability
- Voluntary Life insurance
- Paid jury duty
- Paid time off
- Tuition reimbursement
Work Location: In person and travel required
Company Description
TIC provides consulting and administration of plan design, funding, eligibility testing, claim adjudication, benefit payment, FASB ASC 965 (formerly SOP 92-6), COBRA, HIPAA, SPD's, QMCSO's or QDRO's will welcome the comprehensive service solutions available at TIC Midwest, LLC.
TIC is an independent full service company that specializes in the administration and communication of employee benefit plans.
TIC has been in business since 1951. We have clients throughout the Midwest that are served from three TIC office locations. From the beginning, we have offered services to the multiemployer benefit plan industry. Many of the multiemployer plans operating today were designed and established by us. We are familiar with the special challenges of Taft-Hartley plans and the collective bargaining process.
We are proud of the long-term relationship we have with our clients. We are also proud of our staff which includes administrators, consultants, computer specialists, and accountants - many with advanced degrees and certifications.
TIC is a long-time member of the International Foundation of Employee Benefit Plans and the Society of Professional Benefit Administrators. Our employees have, over the years, been directors and committee members of these organizations and have been speakers and authors for them on a wide range of employee benefit topics at educational seminars and programs they conduct around the country.
Equal Employment Opportunity (EEO) Employer