Benefit Calculation Analyst
1 month ago
Our mission is to manage and safeguard the State's public deposits and investments through sound business practices for the exclusive benefits of our citizens, and perform these duties with integrity, excellence, and leadership. Additionally, we strive to provide economic opportunity, stability, and security for every Massachusetts resident.
We are committed to excellence in recruiting, hiring, and retaining diverse and qualified individuals. We value the culture of diversity and professionalism in the workplace, and strongly believe that our workforce should reflect our community.
PURPOSE OF THE POSITION
The Massachusetts State Retirement Board (MSRB) administers a defined benefit retirement plan for eligible employees of the Commonwealth and certain independent entities. The MSRB supports over 87,000 active members and 67,000 retirees.
The Benefit Calculation Analyst counsels and provides educational support to members of the State Employees' Retirement System (MSERS) regarding all aspects of available benefits. The Analyst also manages and processes to conclusion retirement applications and related benefit transactions by performing routine and moderately complex calculations, payment processing, and other operational processes using plan rules and tools used to perform calculations.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
- Accurately review and process benefit applications to conclusion on a timely basis, for all forms of retirement benefits and disbursements and properly apply benefit rules and regulations;
- Regularly counsel and provide educational support to MSERS members regarding all aspects of available benefits and related transactions
- Analyze, research and input data necessary to properly calculate and determine members' creditable service, salaries and related information.
- Respond promptly and accurately to all internal and external member requests in a professional and service friendly manner.
- Actively remain current with changes to plan rules and possess ability to explain provisions to members.
- Approve and adjust benefit calculations with regard to worker's compensation, offset settlements, retroactive salary increases, service modifications, group classifications, domestic relations orders, survivor benefits, and individual situations as they arise;
- Assist in preparation of monthly Board meeting agenda;
- Develop proficiency with OnBase ECM (document scanning) System and demonstrate ability to integrate with daily responsibilities;
- Attend retirement seminars and health fairs for groups of retirement system members, explaining retirement rights and benefits. Travel as required;
- Adhere to Treasury and Board human resource and operational policies.
- Ensure high quality and quantity of work within established deadlines
- Develop skill necessary to understand plan rules related to service purchase requests, refund / rollover requests, survivor benefit requests;
- Assist other Retirement Board departments as necessary
- Develop working knowledge of MARIS computer system
- N/A
KNOWLEDGE AND SKILLS
- Excellent communication, inter-personal and organizational skills are required.
- Minimum of three years of experience in the field of Massachusetts public employee retirement benefits or comparable field, including all forms of benefit calculations, disbursements, payroll administration, and/or human resources.
- Associate degree or higher in relevant field of study such as business, math, finance, actuarial science, or related field, or equivalent education / experience
- Knowledge of retirement industry in general and related benefits
- Strong math skills
- Ability to develop detailed knowledge of plan rules under M.G.L. c.32
- Ability to manage high volume caseload against established operational deadlines
- Develop skills to conduct retirement seminars to groups of state employees explaining retirement benefits.
- Travel as required.
- Ability to work flexible schedule
- Currently proficient in Microsoft Word, Excel, Windows
- Familiarity or prior experience working with electronic document management systems
-
QA Analyst
1 month ago
Boston, Massachusetts, United States IT Excel Full timeRELOCATION IS A MUST AND 4 WEEKS MANDATORY IN-PERSON TRAINING IN RESTON VATitle Jr. Validation Engineer/QA Analyst/ Jr. QA Tester/Business Analyst/BADescriptionWE ARE LOOKING FOR FRESH GRADUATES FOR QA and Validation POSITIONS.QualificationsBS in Biomedical Engineering/ BS in Chemical Engineering/ Computer Science/ MS Computer Science/ BBA/ MBA/ Engineering...
-
Excel Automation Analyst
4 days ago
Boston, Massachusetts, United States Eliassen Group Full timeW2 only for this role, please no third party calls or contact.Remote contract role. 100% remote, EST hours. For our w2 candidates we offer access to health, dental, 401k and other benefits. 3-6 months +. Excel Business Automation Analyst, fairly senior, must be able to remediate and document the current system. We are looking for an Excel/Business Automation...
-
Senior GIS Programmer Analyst
4 days ago
Boston, Massachusetts, United States LinTech Global a DISYS company Full timeSenior GIS Programmer AnalystLOCATION: Boston, MA; Hybrid SchedulePosition Overview:The Senior GIS Programmer Analyst will also be involved in geospatial analysis.A strong background in GIS using ESRI ArcMap or Pro tools, such as Spatial Analyst, for all geospatial data formats is desired.The Senior GIS Programmer Analyst develops and maintains geospatial...
-
Financial Analyst
1 month ago
Boston, Massachusetts, United States Fidelity Investments Full timeJob Description:The Financial Analyst role is a member of the Fidelity Wealth (FW), Wealth Solutions Finance team and will report directly to the Finance VP and will be a lead analyst supporting business needs. The primary objective of the role will be to work within a team as we support several key product areas in Wealth SolutionsThe Expertise and Skills...
-
Senior Risk Analyst
2 weeks ago
Boston, Massachusetts, United States Brown Brothers Harriman Full timeAt BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application What You Can Expect At BBH If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You...
-
Portfolio Analyst
3 days ago
Boston, Massachusetts, United States Geode Capital Management Full timeGeode Capital Management, LLC is seeking an experienced Portfolio Analyst to join our Quantitative Research & Portfolio Analytics team. The Portfolio Analyst is responsible for conducting a wide variety of equity portfolio analysis including performance, attribution, time series and return decomposition/factors related tasks. The role reports directly to the...
-
Lead Quality Assurance Analyst
1 month ago
Boston, Massachusetts, United States Warner Bros. Discovery Full timeEvery great story has a new beginning, and yours starts here.Welcome to Warner Bros. Discovery... the stuff dreams are made of.Who We Are... When we say, "the stuff dreams are made of," we're not just referring to the world of wizards, dragons and superheroes, or even to the wonders of Planet Earth. Behind WBD's vast portfolio of iconic content and beloved...
-
Senior Business Systems Analyst
1 month ago
Boston, Massachusetts, United States Bevi Full timeBevi is on a mission to disrupt the beverage supply chain and replace single-use water bottles with smart water machines. Thousands of companies use Bevi to sustainably provide their employees with pure, sparkling, and flavored water at work. As the market leader in IoT-enabled beverage machines, we've raised over $160M in venture capital and we have grown...
-
Equity Research Analyst
16 hours ago
Boston, Massachusetts, United States GMO Full timeCompany ProfileFounded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer strategies and solutions where we believe we are positioned to add the greatest value for our investors. These include multi-asset class, equity, fixed income, and alternative offerings. We...
-
Proxy Operations Analyst
3 weeks ago
Boston, Massachusetts, United States Geode Capital Management Full timeGeode Capital Management, LLC is seeking a Proxy Operations Analyst. A key focus is on our Proxy Voting, Engagement and ESG efforts. We are looking for highly motivated individual(s) to join the team and be a part of our exciting future. As Proxy Operations Analyst, you will become an essential part of our Stewardship and Engagement team and will have the...
-
Quantitative Analyst
2 days ago
Boston, Massachusetts, United States Equilibrium Energy Full timeAbout our CompanyEquilibrium Energy is a well-funded, Series B clean energy startup backed by some of the most prominent institutional investors in climate. We are building a digital native power company operating at the intersection of grid variability, market volatility, economic optimization, commercial structuring, and risk management, across the...
-
Entry Level Business Analyst
1 month ago
Boston, Massachusetts, United States IT Excel LLC Full timeQualifications BS in Biomedical Engineering/ BS in Chemical Engineering/ Computer Science/ MS Computer Science/ BBA/ MBA/ Engineering degree required from an accredited university or college.Minimum ExperienceRecent college graduates with no experience or graduates with few years of experience preferred. Computer literate and familiar with the use of word...
-
Software Analyst
6 days ago
Boston, Massachusetts, United States Convention Data Services Full timePosition Summary: The Software Analyst works with the client's technical team to build data integration solutions using our ELT tools and in house products. Works with product support team to identify new integration products and features.This is a salaried, exempt position and reports to the Manager, Product Integrations. Virtual work arrangement.This is a...
-
Cons Prod Strat Analyst III
3 days ago
Boston, Massachusetts, United States Bank of America Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
-
Quality Engineer, Commodities
3 weeks ago
Boston, Massachusetts, United States Geode Capital Management Full timeGeode is seeking a highly motivated Quality Engineer who is passionate about investment and engineering. As quality engineer you will work within the quality chapter to create, maintain and improve internal product standards and report findings to the squad by working at the integration and system levels of testing. A successful QE will be able to stand back...
-
Sr. Revenue Operations Analyst
1 week ago
Boston, Massachusetts, United States Bevi Full timeBevi is on a mission to disrupt the beverage supply chain and replace single-use water bottles with smart water machines. Thousands of companies use Bevi to sustainably provide their employees with pure, sparkling, and flavored water at work. As the market leader in IoT-enabled beverage machines, we've raised over $160M in venture capital and we have grown...
-
BA with Testing skills
1 month ago
Boston, Massachusetts, United States QData Full timeRoles & Responsibilities Analyse the structure of a business how it uses technology and what its goals are Identify problems within a business including through using data modelling techniques Communicate with senior people in organisations to find out what they hope to achieve Formulate ways for businesses to improve based on previous research Persuade...
-
Travel Cath Lab Technologist
2 days ago
Boston, Massachusetts, United States FlexCare Imaging Full timeFlexCare Imaging is seeking a travel Cath Lab Technologist for a travel job in Boston, Massachusetts. Job Description & RequirementsSpecialty: Cath Lab TechnologistDiscipline: Allied Health ProfessionalStart Date: 05/20/2024Duration: 13 weeks40 hours per weekShift: 8 hours, daysEmployment Type: TravelFlexCare Imaging Job ID . Pay package is based on 8 hour...
-
Travel CVOR Technologist
2 days ago
Boston, Massachusetts, United States FlexCare Surgery Full timeFlexCare Surgery is seeking a travel CVOR Technologist for a travel job in Boston, Massachusetts. Job Description & RequirementsSpecialty: CVOR TechnologistDiscipline: Allied Health ProfessionalStart Date: 05/27/2024Duration: 13 weeks40 hours per weekShift: 8 hours, flexibleEmployment Type: TravelFlexCare Surgery Job ID . Pay package is based on 8 hour...
-
Travel Cath Lab Technologist
1 day ago
Boston, Massachusetts, United States FlexCare Imaging Full timeFlexCare Imaging is seeking a travel Cath Lab Technologist for a travel job in Boston, Massachusetts. Job Description & RequirementsSpecialty: Cath Lab TechnologistDiscipline: Allied Health ProfessionalStart Date: 06/02/2024Duration: 13 weeks40 hours per weekShift: 8 hours, flexibleEmployment Type: TravelFlexCare Imaging Job ID . Pay package is based on 8...