United States Job Openings

SEPTA
Assistant Manager Retirement Services (7381)
Philadelphia
October 13, 2024
The Southeastern Pennsylvania Transportation Authority (SEPTA) is the sixth largest transportation system in the United States, with a vast network of fixed route services including bus, subway/elevated, trackless trolley, light rail, and commuter rail serving a 2,200 square mile service region. SEPTA has become an integral force in the economic success of the Philadelphia region, providing an efficient and reliable source of transportation.
We are seeking candidates for the position of Assistant Manager Retirement Services (7381) in the HR/Business Services.
Opening Date: 10/14/2024
Closing Date: 10/28/2024
Job Grade: SAM 41
Salary Range: Min: $89,908.00 - Mid: $112,398.00 - Max: $134,888.00
**Limited telework may be permitted in accordance with SEPTA policy**
OVERALL DESCRIPTION
SPECIFIC RESPONSIBILITIES
- Assists the manager in designing, developing, and implementing procedural changes to the management, police and union defined benefit life and long-term disability programs.
- Makes benefit program research surveys, assessments and analyses to determine the most cost-effective beneficial plans for employees.
- Performs comprehensive analysis for strategic policy decision making by the Authority.
- Conducts benefit program research comparisons and audits as directed to ascertain the service delivery from carriers and performs cost analysis to assess the most prudent expenditure of Authority funds.
- Ensures benefit provider's compliance with obligations of coverage, contract and provisions.
- Determines what changes are necessary to keep pension administrative procedures in compliance with plan document and legal requirements.
- Develops pension quotes and processes materials to place employees in benefit status. Communicates to employees, their rights under the plan.
- Assists the manger in recruiting, training, and supervising regarding Retirement Services functions.
- As directed, develops policies and procedures for pension issues.
- Works in the communication of employee benefits in all forums, including employee newsletters, statements, orientations, on-site lectures, books, videos and other innovative methods to assure employees' understanding services of Retirement Services and benefits to employees and families.
- Maintains communication with all employees, including benefit changes, and general benefit information.
- Performs an advocacy role in resolving employee claims against providers that pay for pension benefit.
- Assists Manager with researching pension investment and deferred compensation questions as part of maintaining SEPTA’s fiduciary responsibility.
- Complies with all Authority and departmental safety and security policies and procedures as well as all applicable job safety responsibilities. Reports any safety concerns, compromises or hazards affecting operations, the public, self and/or other employees. Responsible for personal safety and is encouraged to promote the safety of others.
- Other duties as assigned.
QUALIFICATIONS AND EXPERIENCE
- Bachelor’s Degree in Business, Actuarial Sciences or a related field, and six (6) years retirement benefits work experience working within a large company (i.e., 500+ employees) or for a benefits consulting or benefits actuarial firm performing similar work assignments required.
- Previous defined benefit pension experience beyond participant administration and including experience with plan sponsorship, plan design and plan funding preferred.
- Must have excellent written and oral communication skills.
- Must possess strong interpersonal skills and the ability to deal effectively, with a wide range of professional, management and staff personnel and family members at all levels of the organization.
- Excellent computer skills required. Must have experience using Microsoft software, applications, including Excel, and Word.
BENEFITS
SEPTA offers a comprehensive benefits and retirement program:
-
Medical –
Minimal annual premium contribution
Benefit plans with No Employee annual premium contribution:
-
Prescription
-
Dental
-
Vision
Additional benefits we offer:
-
Defined Benefit Pension Plan
-
Voluntary Governmental 457B Deferred Comp Plan, with available Financial Advice and Planning Services
-
Life Insurance
-
Paid Parental Leave
-
Tuition Reimbursement
-
SEPTA Transportation Pass – FREE travel on all SEPTA modes of transportation
-
SEPTA employees qualify for the Public Service Loan Forgiveness (PSLF) program
-
Generous Vacation Allowance
-
Dependent Care Flexible Spending Account
SEPTA is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Nearest Major Market: Philadelphia
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