Pension Benefits Advisor

Carpenters Southwest Administrative Corporation • Los Angeles, CA

408d • $59,259 - $79,518

About The Position

The Pension Benefits Advisor at Carpenters Southwest Administrative Corporation is responsible for providing specialized support and counseling to participants regarding their pension benefits. This role requires a thorough understanding of pension plans, eligibility, and benefits, ensuring quality service delivery while collaborating with various departments. The position is full-time, with a standard work schedule of Monday through Friday, 8:00 AM to 5:00 PM, subject to change based on departmental needs.

Requirements

• Bachelor's degree preferred, or equivalent combination of education and experience.
• Minimum of five (5) years increasingly responsible experience in pension plan administration.
• Experience with merged defined benefit or defined contribution plans preferred.
• Extensive knowledge of pension benefits and experience in examining operations and procedures.
• Significant knowledge of governmental/legislative regulations (ERISA, DOL, PPA).
• Experience in benefits administration systems.
• Advanced professional designation(s) related to the qualified plan industry preferred.
• Knowledge of HIPAA, ACA and ERISA along with broad experience with client services.
• Knowledge of working with collectively bargained personnel preferred but not required.
• High level of proficiency with all MS Office Suite products and ability to understand relational databases.
• Proficiency in Spanish a plus (read, write, speak, translate).
• High level of integrity and discretion in handling all confidential company information.
• Detailed research, documentation, analytical and reporting skills.
• Proficient, detail oriented, organizational and communication skills (written/verbal).
• Ability to complete assigned projects with a high degree of independence, initiative, and judgement.
• Strong sense of ownership, self-accountability, and urgency to manage assigned projects.
• Dedicated team player with an interest in processing efficiency and effectiveness.
• Self-motivated and driven with ability to work independently within a collaborative work environment.
• Strong interpersonal skills to interact effectively with all levels of Management, visitors, Trustees, consultants, CSAC professionals and vendors.

Nice To Haves

• Experience with merged defined benefit or defined contribution plans preferred.
• Advanced professional designation(s) related to the qualified plan industry preferred.
• Knowledge of working with collectively bargained personnel preferred but not required.

Responsibilities

• Provide comprehensive support and counseling to participants and beneficiaries regarding their pension benefits.
• Explain the details of pension plans, including eligibility, benefits, and options available to participants.
• Respond to participant inquiries and resolve any issues related to their pension benefits.
• Collaborate with other departments to ensure seamless service delivery to participants.
• Determine benefit eligibility and process retirement and death benefit applications.
• Ensure benefit suspensions are in accordance with applicable Plan provisions and initiate correspondence with retirees.
• Calculate pension benefits, including optional forms of benefits, and all other benefit calculations as specified in Plan documents, merger documents.
• Ensure participant and retiree records in database are accurate and reflect correct information.
• Assist with duties or special projects as assigned by the Pension Manager.

Benefits

• 401(k)
• 401(k) matching
• Commuter assistance
• Dental insurance
• Employee assistance program
• Employee discount
• Health insurance
• Health savings account
• Life insurance
• Paid jury duty
• Paid time off
• Parental leave
• Professional development assistance
• Retirement plan
• Vision insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree