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Benefits Administrator - Retirement Benefits
- Job TypeEmployee
- Job StatusFull Time
- Shift1st Shift
Wespath Benefits and Investments, recognized as a 2017-2022 Chicago’s Best and Brightest Companies to Work For® and a 2021 National Best and Brightest Companies to Work For®, has an opportunity for a newly created role of Benefits Administrator on our new Retirement Benefits team.
In 2022 the Customer Service department started a transition in how the department services our participants and other clients. This transition includes changes in the department structure, its technology, and processes.
Customer satisfaction and teamwork remain two of our core values. In this role you’ll play an important part in helping ensure customer satisfaction by delivering high quality customer service to our participants who are ready to or are already retired and plan sponsors, including working escalated cases to conclusion. You’ll also be responsible for benefits administration and record keeping related to benefits that can include our retirement and health & wellness benefits.
Benefits for the Benefits Administrator – Retirement Benefits:
- Medical, dental, vision and well-being benefits from our HealthFlex Exchange on day one!
- 8% employer contribution to retirement plan with an additional match up to 2% on day one!
- 22 days of PTO + 12 paid holidays in 2023
- Hybrid work environment
- Free financial planning assistance from EY
- Paid parental leave
- Tuition reimbursement and other development opportunities
Requirements
Minimum Requirements/Qualifications:
- Bachelor’s degree or equivalent work experience.
- Has a passion for serving customers.
- Professional writing skills. Is able to prepare a business letter or email with appropriate punctuation and clarity.
- Able to perform basic math functions for calculation of premiums, billing reconciliation, audits and resolution of contributions/distributions.
- Ability to understand and interpret multiple plans documents, policies, procedures, legal requirements, and retirement plan concepts.
Preferred Requirements/Qualifications:
- Bachelor’s degree in a technical area of study (ex: math, business, human resources)
- Benefit administration experience specifically with defined benefit, defined contribution or health benefits.
Categories
Industry
- Banking / Finance
Overview
Wespath Benefits and Investments is a not-for-profit administrative agency of The United Methodist Church. Wespath is responsible for the general supervision and administration of retirement, health and welfare benefit plans and programs, and investment fund management for more than 100,000 active and retired clergy and lay employees in the U.S. and around the world. Wespath has been honored as a Chicago-area Best and Brightest Companies to Work For® for six years in a row, as well as several national recognitions.
Specialties
Our operations include retirement services, health care, investment management, environmental, social and governance (ESG) issues, positive social purpose (PSP) lending, U.S. pension plans and global pension programs and welfare benefit plans. In service since 1908, Wespath has approximately $29 billion in assets under management. As the nation's largest faith-based pension fund, Wespath works globally with corporations to address environmental, social and governance (ESG) issues, with a focus on responsible and sustainable investing.
“When I talk to friends and family, it seems we have something unique here.” –current employee
The Glenview, IL headquarters building was awarded a Leadership in Energy and Environment Design (LEED) Gold certification by the U.S. Green Building Council. Wespath strives to lessen its environmental impact, reinforcing the organization’s core value of stewardship. The agency has received Best Employees for Healthy Lifestyles and Eye on Health awards, and provides incentive programs that focus on the well-being of its employees.
Our Values Teamwork – Integrity – Stewardship – Spirituality – Customer Satisfaction – Mutual Respect
Our Mission We care for those who serve by providing investment and benefit services that honor the mission and principles of The United Methodist Church.
We are currently operating as a hybrid work environment. Visit wespath.org/careers to view our open positions.
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