Defined Benefit Pension Administration Manager

Defined Benefit Pension Administration Manager opening in New Jersey. Direct a team of benefit professionals responsible for the calculation and payment of pension benefits for clients to provide pension administration services. Develop and monitor administrative processes and procedures to ensure accuracy, timeliness and measurable performance of ongoing administration to ensure that contractual obligations under the service agreements are met. Additionally, responsible for recruiting, developing and training of all Pension Administration staff. Specific responsibilities include: manage team resources and priorities to manage workload; assess training needs and provide training; monitor progress of daily tasks; build teamwork and maintain positive team morale; take an active role in pursuing continued education; complete performance evaluations; process and review manual calculations and ensure accuracy of system generated calculations; supervise the administration of pensioner payments; review, maintain, and improve administrative procedures, defining best practices; identify, analyze, and assist in executing process improvements; ensure service level commitments are maintained by the team; assist with creating system development requirements for current and future client needs; interface with plan sponsor representatives concerning ongoing administration services; maintain effective relationships with client contacts and internal managers; assist with system testing for plan modifications and new plan implementations; coordinate with implementation team to achieve successful plan conversions. Ideal candidate will have understanding of regulatory aspects of defined benefit plan administration such as 415 benefits limits, 401(a)(17) limits, minimum required distributions, nonqualified plans and other defined benefit regulatory issues involving ERISA and IRS Revenue Rulings. Qualified Pension Administrator (QPA) designation a plus, with 10+ years of defined benefit plan administration and supervisory experience (consulting environment strongly preferred). Salary $open.