Benefits Analyst

State Of Montana Helena , MT 59624

Posted 2 weeks ago

The Montana Public Employee Retirement Administration (MPERA) is committed to providing secure and sustainable retirement benefits to nearly 60,000 members and retirees. The agency administers ten retirement plans and is dedicated to customer service, member education, and operational efficiency.

We are seeking an individual with a balance of solid accounting expertise and soft skills to work with a wide variety of participating members, providing retirement benefit information on ten separate retirement plans in our Member Services Bureau. This includes calculating retirement benefits for members using the calculations and provisions specific to each plan, determining cost estimates for members to purchase other service into a plan, calculating benefit coordination across plans, and calculating interest payable to a member or beneficiary. This position also verifies and performs an audit of benefit calculations for final payment and communicates differing retirement plan provisions to participants to the diverse population of plan participants who are employees from state, university system, school district and local government employers. Given the work we do is largely regulatory in nature, we would prefer if you had a solid foundation in accounting. We are willing to train an individual with excellent soft skills and a passion for helping others in the nuances of our many retirement plans.

Qualifications:

Education and Experience:

  • 1 or more years of college coursework in Accounting, Finance or related field;

  • 3 years' experience in a professional field related to benefits administration and/or calculation of taxes, finances, etc.

  • Alternate combinations of education and experience will be considered on a case-by-case basis.

Competencies:

Knowledge of:

  • State retirement statues, administrative rules, regulations and policies;

  • Identifying anomalies in data sets;

  • Understanding of payroll process's;

  • Actuarial principles related to the calculation of retirement benefits.

Ability to:

  • Learn and apply a variety of mathematical formulas;

  • Provide effective and professional customer service;

  • Communicate effectively both verbally and in writing;

  • Analyze a member's retirement options and provide detailed explanation without influencing a member's decision;

  • Research and analyze employment data and draw conclusions;

  • Communicate complex plan provisions and resolve member questions with courtesy and respect;

  • Maintain high attention to detail.

Does this sound like you?

Please tell us how and why by submitting your resume and cover letter. (Please Note: You do not need to complete the "work experience" or the "education & certifications" portion of the application process in our recruiting system. You only need to upload the requested documentation.)

What can you expect from us in return for your work at our agency?

  • Look here to see the additional benefits! They include:

  • Work/life Balance

  • Health Coverage

  • Retirement plans

  • Paid Vacation and Sick Leave and Holidays

  • And more

  • Public Service Loan Forgiveness (PSLF) - Employment with the State of Montana may qualify you to receive student loan forgiveness under the PSLF.

Other important information to be aware of.

  • This position requires the successful completion of a criminal background check.

  • Only online applications are accepted. By applying online, you are able to receive updates and monitor the status of your application.

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Benefits Analyst

State Of Montana