Pension Administration Team Lead- Winston Salem

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Pension Administration Team Lead – Winston-Salem, NCWe currently have an exciting career opportunity for a Pension Administration Team Lead in our Winston-Salem, NC office. As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Pension Administration business group which is responsible for providing defined benefit administrative service to multiple clients. We are seeking experienced Pension Administration professionals to join this rapidly growing practice to direct new and existing client activities in our Lincolnshire, IL, Atlanta, GA, The Woodlands, TX, Norwalk, CT, Winston Salem, NC and Irvine, CA, Raleigh, NC, Charlotte, NC, locations. As part of an industry-leading team, you will help empower results for our clients by leading the delivery of pension administration services to our clients. The target salary range for this position is $60,200 to $80,300 annually. The actual salary will vary based on the applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on the applicant’s geographic location. Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies. Job overviewAs a Pension Administration Team Lead, the qualified applicant will be working as part of the Pension Administration group, which is responsible for providing defined benefit administrative services to clients and responsible for assisting with special projects and acting as a mentor and role model.Your impact as a Pension Administration Team Lead:DUTIES AND RESPONSIBILITIESBenefit Calculations, Defined Benefits and Plan Provisions KnowledgeUnderstands advanced Defined Benefit principles and legislationUnderstanding of clients' pension plan provisions, data, and DBCalc/PenProPlus system to train and coach teammatesPerforms both first and second checks of calculationsEnsures accuracy and quality of system-generated calculations and communication statementsAssists the Project Manager in the development of the Requirements Document for new implementations or ongoing client updatesAbility to read and understand legal plan document and identify inconsistencies with RequirementsReviews Requirements and other documentation in the databaseAbility to update Requirements document based on administrative changes, legislative updates, etc.Incorporates understanding of Plan document, Defined Benefits knowledgeUnderstands and applies concepts of Actuarial EquivalenceActs as a resource for the teamPerforms manual interventionConsults with client and/or actuary on non-standard benefit calculations, special programs or projects, and other administrative requestsIdentifies and documents any unusual aspects of calculationsMonitors client team to ensure all calculations are completed within set timeframesMonitors \on hold\ calculations to ensure timely follow-up and completionAbility to complete more complicated non-standard calculationsOngoing ProcessingActs as a team resource for clients' Events Requirements and standard ongoing processes, processing of payments and leads monthly payment reconciliation process, 2nd check payment entryIdentifies and researches data questions or edits and responds to and manages other participant inquiriesAssists Project Manager with special projectsLeads clients' special projectsDocuments outlining annual events, processes, and unique situations in client databasesCommunication and Client ConsultingAbility to draft e-mails to client contactsPrepares for and leads internal team meetings and client status meetingsIdentifies areas for improvement in processes and proceduresDevelops and maintains a strong working relationship with client contactsShares information effectively through clear and succinct written and oral communicationKeeps team members/Project Manager/client informed of progress on assigned projectsPresents own view with conviction and takes other viewpoints into accountParticipant Customer ServiceAvailable as expected to serve our clientsMaintains a professional and supportive demeanor with participantsAppropriate documentation within CalcsLog or Workflow on participant issuesAdvances calls or issues to a manager as appropriateProject Planning and Workload ManagementPrioritizes own work and client teams' workIdentifies and manages temporary spikes in teams' work loadsAbility to lead special projects with minimal supervisionWorks with team members and Project Manager to ensure that recovery targets and client hours goals are being metAssists Project Manager with monthly billing review and analysisTeam Leadership & Personal EffectivenessAccepts responsibility for own actionsRole model for giving and receiving feedback and uses it to become more effectiveFlexible in taking on new tasks and helping other teams on special projectsRespects others' opinions and viewsPlaces client and team goals ahead of own concerns and objectivesEncourages collaboration and works to resolve conflictsMonitors status of teams' assigned tasksAssists with client billings and recovery, as appropriate, incorporating understanding of client contracts and billing toolsMonitors and ensures that performance standards are met for client teamsAssists Project Manager with ongoing team operationsLeads client team meetings with or without the Project ManagerMinimum qualificationsUndergraduate degree or equivalent experienceStrong spreadsheet knowledge (i.e., Excel)Basic database knowledge preferred but not required (i.e., Access)Defined Benefit technical knowledgeActively participates in and leads trainingsCoaching for team membersUnderstands Excel and Access toolsStrong command of DBCalc tools, DBAdmin, YPR and CalcsLog or PenProPlusUnderstands client's dataload process and principles of testingFacilitates the maintenance and update of all systemsHow we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.  #LI-RW1#LI-HYBRID#LI-Mid-Seniorlevel  2526614,qualifications:UNAVAILABLE,responsibilities:Pension Administration Team Lead – Winston-Salem, NCWe currently have an exciting career opportunity for a Pension Administration Team Lead in our Winston-Salem, NC office. As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Pension Administration business group which is responsible for providing defined benefit administrative service to multiple clients. We are seeking experienced Pension Administration professionals to join this rapidly growing practice to direct new and existing client activities in our Lincolnshire, IL, Atlanta, GA, The Woodlands, TX, Norwalk, CT, Winston Salem, NC and Irvine, CA, Raleigh, NC, Charlotte, NC, locations. As part of an industry-leading team, you will help empower results for our clients by leading the delivery of pension administration services to our clients. The target salary range for this position is $60,200 to $80,300 annually. The actual salary will vary based on the applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on the applicant’s geographic location. Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies. Job overviewAs a Pension Administration Team Lead, the qualified applicant will be working as part of the Pension Administration group, which is responsible for providing defined benefit administrative services to clients and responsible for assisting with special projects and acting as a mentor and role model.Your impact as a Pension Administration Team Lead:DUTIES AND RESPONSIBILITIESBenefit Calculations, Defined Benefits and Plan Provisions KnowledgeUnderstands advanced Defined Benefit principles and legislationUnderstanding of clients' pension plan provisions, data, and DBCalc/PenProPlus system to train and coach teammatesPerforms both first and second checks of calculationsEnsures accuracy and quality of system-generated calculations and communication statementsAssists the Project Manager in the development of the Requirements Document for new implementations or ongoing client updatesAbility to read and understand legal plan document and identify inconsistencies with RequirementsReviews Requirements and other documentation in the databaseAbility to update Requirements document based on administrative changes, legislative updates, etc.Incorporates understanding of Plan document, Defined Benefits knowledgeUnderstands and applies concepts of Actuarial EquivalenceActs as a resource for the teamPerforms manual interventionConsults with client and/or actuary on non-standard benefit calculations, special programs or projects, and other administrative requestsIdentifies and documents any unusual aspects of calculationsMonitors client team to ensure all calculations are completed within set timeframesMonitors \on hold\ calculations to ensure timely follow-up and completionAbility to complete more complicated non-standard calculationsOngoing ProcessingActs as a team resource for clients' Events Requirements and standard ongoing processes, processing of payments and leads monthly payment reconciliation process, 2nd check payment entryIdentifies and researches data questions or edits and responds to and manages other participant inquiriesAssists Project Manager with special projectsLeads clients' special projectsDocuments outlining annual events, processes, and unique situations in client databasesCommunication and Client ConsultingAbility to draft e-mails to client contactsPrepares for and leads internal team meetings and client status meetingsIdentifies areas for improvement in processes and proceduresDevelops and maintains a strong working relationship with client contactsShares information effectively through clear and succinct written and oral communicationKeeps team members/Project Manager/client informed of progress on assigned projectsPresents own view with conviction and takes other viewpoints into accountParticipant Customer ServiceAvailable as expected to serve our clientsMaintains a professional and supportive demeanor with participantsAppropriate documentation within CalcsLog or Workflow on participant issuesAdvances calls or issues to a manager as appropriateProject Planning and Workload ManagementPrioritizes own work and client teams' workIdentifies and manages temporary spikes in teams' work loadsAbility to lead special projects with minimal supervisionWorks with team members and Project Manager to ensure that recovery targets and client hours goals are being metAssists Project Manager with monthly billing review and analysisTeam Leadership & Personal EffectivenessAccepts responsibility for own actionsRole model for giving and receiving feedback and uses it to become more effectiveFlexible in taking on new tasks and helping other teams on special projectsRespects others' opinions and viewsPlaces client and team goals ahead of own concerns and objectivesEncourages collaboration and works to resolve conflictsMonitors status of teams' assigned tasksAssists with client billings and recovery, as appropriate, incorporating understanding of client contracts and billing toolsMonitors and ensures that performance standards are met for client teamsAssists Project Manager with ongoing team operationsLeads client team meetings with or without the Project ManagerMinimum qualificationsUndergraduate degree or equivalent experienceStrong spreadsheet knowledge (i.e., Excel)Basic database knowledge preferred but not required (i.e., Access)Defined Benefit technical knowledgeActively participates in and leads trainingsCoaching for team membersUnderstands Excel and Access toolsStrong command of DBCalc tools, DBAdmin, YPR and CalcsLog or PenProPlusUnderstands client's dataload process and principles of testingFacilitates the maintenance and update of all systemsHow we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on ReasonableAdjustments@Aon.com Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.  #LI-RW1#LI-HYBRID#LI-Mid-Seniorlevel ,skills:UNAVAILABLE,workHours:UNAVAILABLE,jobBenefits:,datePosted:2023-05-03T17:05:00 0000,employmentType:FULL_TIME,educationRequirements:UNAVAILABLE,salaryCurrency:USD,baseSalary:{@type:MonetaryAmount,currency:USD,value:{@type:QuantitativeValue,value:0,minValue:0,maxValue:0,unitText:YEAR}},validThrough:2023-05-09T04:59:00 0000,industry:UNAVAILABLE,hiringOrganization:{@type:Organization,name:Aon Corporation,sameAs:https://jobs.aon.com,logo:https://assets.jibecdn.com/prod/aon/0.0.51/assets/brands/https://aon.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=1134557&hashed=154379},jobLocation:[{@type:Place,address:{@type:PostalAddress,addressLocality:Winston-Salem,addressRegion:North Carolina,streetAddress:Wells Fargo Center
100 North Main Street,postalCode:27101,addressCountry:United States}},{@type:Place,address:{@type:PostalAddress,addressLocality:Charlotte,addressRegion:North Carolina,streetAddress:UNAVAILABLE,postalCode:UNAVAILABLE,addressCountry:United States}},{@type:Place,address:{@type:PostalAddress,addressLocality:Raleigh,addressRegion:North Carolina,streetAddress:UNAVAILABLE,postalCode:UNAVAILABLE,addressCountry:United States}},{@type:Place,address:{@type:PostalAddress,addressLocality:Atlanta,addressRegion:Georgia,streetAddress:UNAVAILABLE,postalCode:UNAVAILABLE,addressCountry:United States}}]}

Company info

Aon PLC.
Website : http://www.aon.com