Senior Defined Benefit Calculation Analyst – Little Falls

Affiliated Computer Services, Inc., ACS, is a global FORTUNE 500 company with more than 55,000 plus people working together to support client operations in nearly 100 countries. By providing business process outsourcing, human resources outsourcing and information technology solutions to world-class commercial and government clients, ACS offers its associates vast opportunities to succeed. Recognized worldwide for generating possibilities and creating solutions, ACS welcomes you to become part of our growing team. Join our mission and vision for the future. Thank you for your interest!
The Senior Defined Benefit Calculation Analyst is responsible for the accurate and timely completion of tasks required to provide participants with the value of their pension benefit, ensure timely and accurate payment of the participants pension benefit, supporting other parts of the organization with respect to providing answers to participants pension related questions and any necessary systems testing related to the pension plans to which they are assigned. The position requires three to five years of benefits/Pension experience and requires supporting/training Junior Analysts with questions and processes. Specific tasks are outlined below:

Perform and QA manual pension calculations for Intent to retire packages, Estimates, MRD’s, Batch Terminations, Disability Calculations, QDRO Calculations, FICA Calculations

Calculations include determination/confirmation of eligibility for benefit, early reduction factors, optional forms of payment, etc.

Process Death and Survivor calculations for Beneficiary Support Team

QA of automated system generated calculations and fulfillment

Address all types of participant escalations

Review and understand Business Requirements and Specifications documents to successfully complete work task

Testing (Pre & Post) for monthly production moves (including regression batches)

Create manual fulfillment when needed using an Excel tool and Word Merge

Escalations – internal and/or from client

Manage, train & QA Junior Calc analysts on above tasks

Contribute to internal team meetings, as well as weekly/ad-hoc client status meetings



EDUCATION AND TYPICAL YEARS OF EXPERIENCE:

3- 5years experience in plan administration and/or consulting. Professional certification in HR area(s) of specialization preferred but not required.

Knowledge of legislative issues affecting Defined Benefit plans.

Proven analytical ability and problem solving skills, as well as a strong attention to detail

Exposure to Windows environment and Microsoft Office

Strong Excel knowledge; SQL skills a plus

ACS is an Equal Employment Opportunity/Affirmative Action Employer and does not discriminate against any applicant on the basis of race, color, religion, national origin, age, gender, marital status, disability, sexual orientation, military/veteran status, or any other status protected by Federal or State law or local ordinance.

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