At Bon Secours Mercy Health, we are dedicated to continually improving health care quality, safety and cost effectiveness. Our hospitals, care sites and clinicians are recognized for clinical and operational excellence.
This is a remote/work from home position. Must live in the continental US and be able to work eastern time zone hours.
ABOUT US
As a faith-based and patient-focused organization, Bon Secours Mercy Health exists to enhance the health and well-being of all people in mind, body and spirit through exceptional patient care. Success in this goal requires a culture of compassion, collaboration, excellence and respect. Bon Secours Mercy Health seeks people that are committed to our values of compassion, human dignity, integrity, service and stewardship to create an environment where associates want to work and help communities thrive.
SUMMARY
This position supports the day-to-day administration of Bon Secours Mercy Health's (BSMH) defined benefit plans.
Primary duties include:
Interface Maintenance : all activities needed to ensure effective transmission of data between BSMH data source and retirement recordkeeper sources
Database Management : all activities needed to ensure member data maintained by the retirement recordkeeper is suitable for pension administration purposes, and where appropriate to perform tasks necessary to serve participants whose information is incomplete or not housed within the pension database
Compliance : all activities necessary to ensure operational compliance for the pension platform, including assistance with auditor and government forms as appropriate
The position requires a strong working knowledge of retirement plans. This includes plan design, legal requirements, administrative practices, and other activities common to the oversight of retirement plans. The Sr. Retirement Specialist must quickly develop a thorough knowledge of BSMH retirement plans, related system parameters, and general administrative processes. All job duties must be carried out in compliance with applicable legal and regulatory requirements.
KEY JOB RESPONSIBILITIES
Serve as the supporting, day-to-day contact to the providers responsible for BSMH defined benefit administration
Serve as contact for HR Services Center, Payroll and other HR staff requiring retirement plans assistance
Support execution of the plan and tactical requirements to implement changes to BSMH ongoing retirement plan strategy
Assist with plan information and guidance as outlined in the various plan documents to BSMH staff as required
Assist in continuous auditing and correction of data elements necessary for smooth administration of the retirement plans and continued compliance
Assist/consult on invoicing processing related to the retirement plans budgets
Audit manual retirement calculations completed by providers when required, assisting with continued automation of calculations by the respective third-parties
Assist in documenting processes and procedures necessary to comply with financial audits, compliance audits, the annual plan valuation, completion of form 5500 and other required documents
Assist in the review and implementation of retirement plan processes, procedures, and system improvements internally with HR, Payroll and IT, and externally with providers
Monitor and troubleshoot issues that may arise in administration of the retirement plans, including the various interfaces with providers. Coordinate with the appropriate HR and Payroll departments resolution to data edits and discrepancies
Research historical plan data and plan provisions when needed
Maintain an understanding of benefit-related legislation requiring policies, procedures and audits; work with legal counsel and consultants to ensure regulatory compliance
Create and perform various queries and reports using third-party provider tools and internal HRIS system tools for the daily administration of the plans and for special requests
Coordinate and/or participate in calls with BSMH staff and providers when necessary to resolve issues, exchange/clarify information, and/or implement changes
Support the System Director - Retirement, and the Retirement Manager with research and analysis as needed
Act as functional lead on small projects as assigned
Perform other duties as assigned by Management
This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties as required by their supervisor, subject to reasonable accommodation.
EMPLOYMENT QUALIFICATIONS
Education:
Bachelors Degree, or the equivalent combination of education and experience.
Years/Type of Experience:
5+ years experience in the administration of defined benefit plans
Other Knowledge, Skills and Abilities:
Experience in successful project management/project coordination with large employers with multiple plans
Experience working with outsourced DB plan administrators/recordkeepers
Experience in creating and managing budgets; analytical analyses and invoicing
Knowledge of employee benefit plans and related laws and regulations
Demonstrated expertise in the use of the Microsoft Suite applications
Experience with HRIS systems and payroll/data feeds to and from third parties
Demonstrated high level of attention to detail and accuracy
Demonstrated analytical and problem solving skills
Customer-oriented service attitude, with demonstrated experience in a customer service environment
Experience with church plans is desirable
CEBS and/or CBP designation(s) desirable
Many of our opportunities reward* your hard work with:
Comprehensive, affordable medical, dental and vision plans
Prescription drug coverage
Flexible spending accounts
Life insurance w/AD&D
Employer contributions to retirement savings plan when eligible
Paid time off
Educational Assistance
And much more
*Benefits offerings vary according to employment status
All applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, age, genetic information, or protected veteran status, and will not be discriminated against on the basis of disability. If you'd like to view a copy of the affirmative action plan or policy statement for Mercy Health - Youngstown, Ohio or Bon Secours - Franklin, Virginia; Petersburg, Virginia; and Emporia, Virginia, which are Affirmative Action and Equal Opportunity Employers, please email recruitment@mercy.com . If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact The Talent Acquisition Team at recruitment@mercy.com
