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DEFINED BENEFITS MANAGER

Position Details

Thank you for your interest in Loyola University Chicago. Below are the details for the Defined Benefits Manager position.

Job Title: DEFINED BENEFITS MANAGER
Position Number: 8100665
Job Category: University Staff
Job Type: Full-Time
FLSA Status: Exempt
Campus: Chicago-Water Tower Campus
Department Name: HUMAN RESOURCES
Location Code: HUMAN RESOURCES:RETIREMENT (04600D)
Is this split and/or fully grant funded? No

Duties and Responsibilities

The Defined Benefits Manager is responsible for planning and directing the implementation and administration of the frozen Defined Benefit Program. Responsibilities include:

• Managing employer contribution history and facilitating the efficient operation of this plan.
• Authorizing lump sum or monthly payments to qualified recipients.
• Preparing and communicating information to employees and former employees about the pension program, procedures, changes, and government-mandated disclosures.
• Maintaining knowledge of government regulations, retirement program trends, and evaluating vendor services to determine the best programs for the organization.
• Providing high-quality customer service to employees and plan participants.
• Maintaining employee pension data in the HR Information System and coordinating data transfer to external vendors.
• Notifying employees and labor union representatives of changes in retirement programs.
• Regularly auditing retirement plans for compliance with government regulations.
• Documenting and maintaining administrative procedures and suggesting improvements.
• Coordinating committee meeting planning and setup.
• Performing other duties as required.

Minimum Requirements

Education: BA or BS degree in Human Resource Management, Accounting, Finance, or a related business field.
Experience: Five or more years of related experience in benefit (retirement) administration or a related field.

Certificates and Licenses: Prefer a Certified Benefits Professional (CBP), Certified Employee Benefits Specialist (CEBS), or Society for Human Resource Management certification (SPHR or PHR) designation or substantial progress towards such certification.

Computer Skills

• MS Word, MS Excel, MS PowerPoint, and MS Access.
• Adept user of Internet, e-mail, third-party vendor systems, and other office automation systems.

Salary

Maximum Salary: $85,000/ann
Minimum Salary: $80,000/ann

About Loyola University Chicago

Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, recognized for its academic excellence and commitment to community engagement. A Carnegie R1 research institution, Loyola leverages its status to advance knowledge that serves communities and creates global impact.

Loyola University Chicago strives to be an employer of choice by offering its staff and faculty a wide array of affordable, comprehensive, and competitive benefits. To view our benefits in detail, click here .

Supplemental Questions

Required fields are indicated with an asterisk (*).

• * Do you have a BA or BS degree in human resource management, accounting, finance, or a related business field?
  • Yes
  • No
• * Do you have a minimum of five years of related experience in benefit (retirement) administration or related field?
  • Yes
  • No

Applicant Documents

• Resume

• Cover Letter/Letter of Application