Retirement Benefits Analyst

Retirement Benefits Analyst

This is a Hybrid Role with the flexibility to work both at home and in our Bloomington, MN office. (The expectation is 3 days in the office, 2 days work from home).

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

Job Responsibilities:

Pension and other retirement plans have enormous financial implications for employers. Our Wealth practice works directly with our clients' management teams to assess the short and long-term costs associated with these commitments. RetirementBenefits Analysts within our Wealth practice have the opportunity to work on a variety of projects that support our clients and internal client teams. These projects include:

• Completing benefit calculations and/or being the reviewer of calculations
• Understanding defined benefit pension plan rules and communicating with plan participants and client contacts
• Project management for ongoing pension administration support and on-boarding new clients
• Review, analysis, and reconciliation of participant data
• Assisting actuarial consultants to help our clients with day-to-day pension issues and questions
• Other projects that may require analysis of large volumes of participant records and/or benefit calculations

Qualifications:

• Undergraduate degree or equivalent industry experience (Statistics, Economics, Mathematics)
• 3+ years of relevant experience
• Experience with defined benefit pension plans is preferred but not required
• Seeks and shares ideas for continuous improvement of processes and procedures
• Outstanding quantitative and analytical skills
• Excellent written and oral communication skills

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Pay Transparency Laws:

The salary range for this position (intended for U.S. applicants) is $70,000-$90,000 annually. The actual salary will vary based on 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 applicant's geographic location.

This position is eligible to participate in one of Aon's annual incentive plans to receive [an annual discretionary bonus] in addition to base salary. The amount of any [bonus] varies and is subject to the terms and conditions of the applicable incentive plan.

A summary of all the benefits offered for this position:

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.

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