Retirement Analyst

Job Description:

The Retirement Analyst is responsible for assisting caregivers, participants & retirees with processing retirement related transactions and works under the direction of the Manager Retirement Operations. Provides support & direction to leadership, participants and retirees in key functional areas including the pension plans, retiree welfare benefits, and 401k, 403b, 457 plans.

• The following states are currently paused for sourcing new candidates or for new relocation requests for current caregivers :

  • California, Connecticut, Hawaii, Illinois, Maine, Massachusetts, Minnesota, New York, Pennsylvania, Rhode Island, Virginia, Vermont, Washington.

Essential Functions

• Reports to the Retirement Operations Manager.  Complies with all ERISA, DOL and IRS regulations and guidelines pertaining to defined benefit and defined contribution plans and adhere to department values, policies, procedures, and security / confidentiality requirements and best security practices.  Responsible for ensuring compliance with plan documentation as well as safeguarding Intermountain Retirement plan assets by accurately and efficiently processing retirement transactions, answering questions, and resolving concerns. 
• Acts as a subject matter expert and resource to others in Retirement benefits including the defined benefit plans (including pension administration & benefit payments), the retiree welfare benefits plan (retiree medical, dental, life, & legal insurances), and the defined contribution plans (payroll contributions, match, 2% contributions, maximizing contributions and plan administration.
• Acts the liaison with Payroll, Benefits, HRIS, Finance, Operations, external plan trustees, external auditors, and third-party administrators for the defined benefit and contribution plans.  Interfaces, extracts, and analyzes data to ensure accurate transfer and reporting of information to trustees and other databases associated with the Retirement Program.  Handles specialized and complex calculations, and researches problems or discrepancies.  Advises on coverage eligibility and process requirements and coordinates payments and the transfer of benefit payment interface files to stakeholders and third parties.
• Reviews, authorizes, and approves transactions, processes, reconciliations, and controls completed by other members of the team and provides backup support for team members and their functions, including plans administration, in-house recordkeeping, operations, and trust relations. 
• Performs retirement operational duties including calculating benefits, setting up and managing benefit payments, troubleshooting issues, evaluating benefit eligibility, performing plan calculations, researching, and responding to cases and escalations, and participant distributions. Determines, as required by plan provisions, which employees are eligible to participate in the plans. Interprets plan provisions, policies, procedures, and applicable laws as required.  

Skills

• Project Management
• Defined Benefit Plans
• Defined Contribution Plans
• Systems Administration
• Benefits Administration
• Analytical Thinking
• Operational Decisions
• Teamwork
• Complex Problem Solving
• Coordination

Qualifications

• Bachelor's degree, preferably in Business, Finance, Accounting, Economics or other related field.  Degree must be obtained through an accredited institution.  Education is verified.
• Experience working with Retirement Plans Administration or employee benefit related area.
• Experience working with regulations that impact retirement benefits plan administration.
• Superior computer skills including working knowledge of worksheets and word processing
• Detail-oriented with strong organizational skills
• Strong problem-solving skills

Preferred Qualifications

• MBA or Graduate Degree in Finance, Accounting, Economics or other business-related field.  Degree must be obtained through an accredited institution.  Education is verified.

Physical Requirements

• Interact with others requiring employee to verbally communicate as well as hear and understand spoken information.
• Operate computers, telephones, office equipment, and manipulate paper requiring the ability to move fingers and hands.
• See and read computer monitors and documents.
• Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.

Location:

Employee Service Center

Work City:

Murray

Work State:

Utah

Scheduled Weekly Hours:

40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience. 

$34.26 - $53.96

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

Learn more about our comprehensive benefits package here.

By applying for a position with Intermountain, I acknowledge that I will comply with all applicable Intermountain policies and expectations. If applying for a remote or hybrid role, this includes remote work expectations related to confidentiality, information security, work schedules, conflicts of interest, and use of company equipment. I further acknowledge that outside employment or activities may not interfere with job responsibilities or create a conflict of interest with Intermountain. Actual or reasonably perceived conflicts may be grounds for disqualification from consideration or, if hired, corrective action up to and including termination of employment.

Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

At Intermountain Health, we use the artificial intelligence ("AI") platform, HiredScore to improve your job application experience. HiredScore helps match your skills and experiences to the best jobs for you. While HiredScore assists in reviewing applications, all final decisions are made by Intermountain personnel to ensure fairness. We protect your privacy and follow strict data protection rules. Your information is safe and used only for recruitment. Thank you for considering a career with us and experiencing our AI-enhanced recruitment process.

All positions subject to close without notice.