Benefits Advisor - Pension and 401K
Valero is the best-in-class producer of essential fuels and products that are foundational to modern life. We invite you to join our ~10,000 employees to drive exceptional results for our company, the energy industry and our community.
As a Benefits Advisor you will under limited supervision, maintain the pension administration system and supports pension administration activities.
At Valero, we are committed to advancing the future of energy through innovation, ingenuity and unmatched execution. You can help achieve this goal if you can\:
- Utilize intermediate to advanced Microsoft Excel skills, including data analysis, validation, reconciliation, formulas, pivot tables, and reporting tools, to analyze data and ensure data accuracy.
- Update and verify data for accuracy from the payroll system and other sources to ensure accurate calculations are produced through the pension system.
- Manage the pension system through direct communications/collaboration with software vendor and in-house personnel, payroll and/or IT staff to apply upgrades/enhancements, troubleshoot system and data problems and ensures pension system data integrity.
- Analyze data results for pension batch processing, annual benefit and pension statements, actuarial valuations, annual audit reports and other projects.
- Extract data from the pension system for data evaluation and various reporting.
- Process pension packages and estimates daily from participant requests , retirements, etc.
- Assist with managing incoming calls and monitoring the department email box.
- Analyze government regulations, benefit program trends, and prevailing practices among similar organizations.
- Prepare and communicates government-mandated disclosures.
- Remain current on HIPAA, compliance; participates in the preparation and coordination of benefit plan audits for compliance with HIPAA, SOX, or other government regulations.
- Coordinate transfer of data and creates reports for external vendors, plan providers, auditors, other Valero departments, management, and consultants.
This position is salaried exempt status, which means you are not eligible for overtime pay.