DEFINED BENEFITS MANAGER

Loyola University Chicago invites applications for our Defined Benefits Manager position.
- Plans and directs implementation and administration of the frozen defined benefit

program. Duties involve managing employer contribution history and facilitating the

efficient operation of this plan. Authorizes lump sum or monthly payments to qualified

recipients.

- Prepares and communicates information to employees and former employees

about the pension program, procedures, changes, and government-mandated

disclosures.

- Directly responsible for maintaining knowledge of and changes in government

regulations, retirement program trends, and prevailing practices among similar

organizations; analyzes plans for cost-control and risk-assessment factors and

evaluates vendor services, coverage, and options available through vendors to

determine programs best meeting needs of organization as well as makes

appropriate recommendations to management.

- Provides high quality customer service to employees / plan participants by

answering their retirement pension questions, resolving problems related to benefits,

responding to retiree inquiries and process enrollment form and benefit changes.

-Maintains employee pension data in automated human resources information system

and coordinate transfer of data to external vendors, plan providers, auditors, and

consultants.

- Notifies employees and labor union representatives of changes in retirement

programs.

- Regularly audits retirement plans for compliance with government regulations;

supports IRS/ DOL compliance activities (governance, govt. filings, premium payments, etc.)

- Document and maintain administrative procedures and provide suggestions for continuous improvements

- Coordinate and assist with committee meeting planning and setup

- Performs other duties as required

BA or BS degree in human resource management, accounting, finance or related business field and five or more years of related experience in benefit (retirement) administration or 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.

BA or BS degree in human resource management, accounting, finance or related business field and five or more years of related experience in benefit (retirement) administration or 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.

- MS Word processing, MS Excel or Spreadsheets, MS PowerPoint and MS Access or Database Software.
- Adept user of Internet, e-mail, third-party vendor systems, and other office automation systems.

Loyola University Chicago is a private Jesuit University founded in 1870 by the Society of Jesus. One of the largest Catholic Universities in the United States, Loyola's professional schools include programs in medicine, nursing, and health sciences anchored by the Loyola University Medical Center, and the Loyola University Chicago School of Law. Comprised of thirteen colleges and schools, Loyola University Chicago offers more than 80 undergraduate and 140 graduate/professional programs while enrolling approximately 17,000 students. In addition to offering a world class educational experience, 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. Our benefits are centered on health and wellness, financial security, equity, and work-life balance. We offer medical, dental, vision, 403(b), HSA, FSAs, tuition benefit, pre-tax transit benefits, EAP, and more. To view our benefits in detail, click here.

As one of the nation's largest Jesuit, Catholic Universities, Loyola University Chicago fosters a transformative cultural experience that honors Diversity, Equity, and Inclusion. We are committed to recruiting and retaining a diverse, mission driven workforce that enables a culture of inclusivity. We act with the heart of a nonprofit organization and an academic enterprise with ethical practices that advance the Jesuit Mission. Loyola actively seeks to build a community of diverse opinions, perspectives, and backgrounds that support our Jesuit tradition, while helping Ramblers foster a sense of belonging and affinity for all.

Loyola University Chicago is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion (except where religion is a bona fide occupational qualification for the job), national origin, sex, age, disability, marital status, sexual orientation, gender identity, protected veteran status or any other factor protected by law.