Manager Defined Benefit Pension Administration
: Job Details :

Manager Defined Benefit Pension Administration

At OneAmerica Financial, our purpose is to create more certainty for our customers that leads to better moments, every day. Our commitment is to advance stability and growth in every solution and relationship. We deliver financial strength that builds for generations, and we are always aspiring, looking ahead, and collaborating to achieve more, together. Come be a part of this journey with us as we champion lives!

This role exists to manage the administrative calculation services for deferred participants and beneficiaries in Pension Risk Transfer (PRT) plans. The role adds value to the company by ensuring service levels are met for the growing PRT business. Additionally, resolving escalations, handling issues that negatively impact departmental goals and coaching DBA associates contributes to meeting divisional goals which impact organizational key results.

Primary Responsibilities:

• Manage the growth and development of the Defined Benefit (DB) associates.
• Initiate projects that will increase efficiency, reduce cost or deliver a higher quality of service to our DB clients.
• Oversight of the calculation process; including, final and estimated retirement, termination, disability, death and Qualified Domestic Relations Order (QDRO) benefits ensuring SLAs are met.
• Provides guidance on the interpretation of plan provisions and completing calculations.
• Consults with stakeholders regarding overall benefit administration questions relating to data integrity, specific participant circumstances, IRS/DOL regulations, document language and benefit calculations.
• Generate monthly reporting and track service and performance levels using intermediate level of experience developing/updating worksheets in Excel.
• Collaborate internal business partner to ensure smooth operations and remove roadblocks.
• Collaborate with Customer Engagement Center to ensure timely and cost-efficient servicing for PRT participants.

Required Education and/or Certifications:

• Bachelor's Degree in Business or a related field

Required Work Experience:

• 5+ Years of related experience in defined benefit administration or pension risk transfer
• 3-5 years of experience in management role with direct reports
• Experience coaching and mentoring others
• Strong team collaboration and communication skills

This selected candidate will be expected to work hybrid in Indianapolis, IN or Portland, ME, however candidates not local to these areas may be considered for remote work. The candidate will also be expected to physically return to the office in CA, IN or ME as business needs dictate or for team-building and collaboration.

If you are offered and accept this position, please be advised that OneAmerica Financial does not have any offices located in the State of New York and OneAmerica Financial associates are not permitted to work remotely in the State of New York.

Disclaimer: OneAmerica Financial is an equal opportunity employer and strictly prohibits unlawful discrimination based upon an individual's race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, mental/physical disability, medical condition, marital status, veteran status, or any other characteristic protected by law.

For all positions:

Because this position is regulated by the Violent Crime Control and Law Enforcement Act, if an offer is made, applicants must undergo mandated background checks as a condition of employment. Such background checks include criminal history. A conviction is not necessarily an absolute bar to employment. Consistent with applicable regulatory guidelines and law, factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered.

To learn more about our products, services, and the companies of OneAmerica Financial, visit oneamerica.com/companies.