Defined Benefit Onboarding Analyst

What You'll Do

Do you have strong Defined Benefit knowledge? Experience with relational databases and onboarding new defined benefit plans?

As a Defined Benefit Onboarding Analyst, you'll be responsible for setting up records and the coding for new participants as well as establishing the plan level coding used to determine benefits! We are looking for someone who thrives on solving unique problems using advanced analytical skills and enjoys working with various internal partners and tools pending the business need.

Additional Responsibilities may include:

• Complete assigned projects which include gathering and coordinating information/data, processing benefit calculations, and analysis.
• Aggregate and analyze data to develop innovative solutions to complex problems.
• Drive client conversations to extract valuable information, assess client needs, and communicate effectively with internal business partners.
• Identify, recommend, and implement areas for improvement at both the individual plan level and overall processes.
• Apply business analyst skills to connect IT and business operations.
• Act independently to proactively address client requirements and deliver outstanding results.
• Identify and build tools to streamline data management processes and improve efficiency.
• Ensure the successful implementation of data management strategies in an agile environment.
• Develop and apply desktop tools to improve the efficiency of reviewing incoming participant data and performing benefit calculations.

Who You Are

• Bachelor degree preferably in Math, Actuarial Science, Statistics, or related field OR 3 years of work related experience preferred.
• 3 years of previous experience using defined benefit systems.
• Strong mathematical, technical, and analytical skills with keen attention to detail.

Skills that will help you stand out:

• Ability to interpret complex plan provisions.
• Capability to manage a heavy workload and prioritize tasks effectively.
• Proficient in spreadsheet and database software, SQL, or similar PC software packages.
• Extensive testing experience, with the ability to perform detailed and precise data validation.
• Payroll experience or familiarity with payroll systems.
• Outstanding problem-solving skills and the ability to think ahead and take proactive measures.

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$51000 - $147600 / year
Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
Pension Eligible

Yes
Additional Information

Job Level

We’ll consider talent at the next level with the right experiences and skills. Keep in mind, the minimum/maximum salaries provided include all levels.

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Charlotte, NC). You’ll work with your leader to figure out which option may align best based on several factors.

Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date

11/8/2024
Most Recently Posted Date

11/8/2024

LinkedIn Remote Hashtag

#LI-Remote

Salary : $51,000 - $147,600