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Pension Administration Senior Specialist

Southern California Edison

in Rosemead CA

Join the Clean Energy Revolution

Become a Pension Administration Senior Specialist at Southern California Edison (SCE) and build a better tomorrow. In this job, you’ll report to the Principal Manager of Benefits and serve as the day-to-day subject matter expert on Edison’s wealth benefit plans. You will interface with Edison Internal departments (HR, Legal, IT, Payroll, Treasury, Corporate Accounting, Financial Reporting and Disability Management), the outsourced benefits administration vendor, employees, retirees, consultants, and actuaries to effectively administer our wealth plans. The scope of focus includes the Company’s qualified defined benefit pension plan; 401(k) savings plan and an employee stock purchase plan (ESPP).

Your key responsibilities include researching and resolving complex and elevated participant plan issues, serve as the liaison between the Plan’s Qualified Domestic Relations Order (QDRO) vendor; monitor 401(k) plan loans, coordinate response to subpoenas; research and coordinate responses to formal ERISA claims; prepare packages for executive review of Plan appeals and vendor management of our outsourced benefits recordkeeper. 

As a Sr Specialist, your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?

A day in the life - Get ready to think big, work smart and shine bright!

• Assist in the administration of the Company’s wealth benefit plans (i.e., final average pay defined benefit, cash balance defined benefit, 401(k) defined contribution and Employee Stock Purchase plans). 
• Stay abreast of new laws and regulations impacting applicable plan administration and ensuring legal compliance for Edison’s wealth benefit plans.
• Translate and interpret Plan Document eligibility provisions into business requirements documents and day-to-day administration for our outsourced vendor.
• Ensure the accurate updating of SPDs and vendor business requirements documents and other plan communications.
• Monitor performance of outsourced benefits administration vendor through reoccurring weekly calls, quarterly vendor scorecards, process reviews, service level agreements, transaction audits and call calibrations.
• Respond and resolve complex and elevated participant service-related issues including formal ERISA claims and preparation of appeal case documentation for the Benefits Committee.
• May serve as the Project Manager for implementation of wealth plan design changes including ensuring programming parameters are accurately communicated to vendors; business requirement documents are updated; and development and distribution of applicable communications to plan participants is done timely.

Qualifications

The essentials

• 5 years’ experience with the administration of pension and 401(k) benefit plans. 
• Experience with ERISA, Pension Protection Act; USERRA, SECURE and 409(a) regulations relating to wealth plans 
• Experience working with vendors and participants to understand issues and determine next steps toward resolution 
• Ability to communicate and present a broad range of wealth plan issues to internal team, external vendor, management, and executives.

The preferred 

• Bachelor’s Degree or higher in Human Resources, Management, Business Administration, or a related technical discipline.
• Demonstrated experience managing outsourced benefits administration vendors
• Experience working with SAP and SuccessFactors
• Demonstrated experience with Employee Stock Purchase Plans
• CEBS, SPHR, PHR designations

You should know

• This position’s work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days.  Unless otherwise noted, employees are required to reside in the state of California.  Further details of this work mode will be discussed at the interview stage. 
• Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, and hiring process, and more!
• The primary work location for this position is Irwindale
• Relocation does not apply to this position.

Testing

• This position requires testing and applicants who are identified to continue through the selection process will be invited to test via email. Reference our Information Guides for the following tests: Edison Individual Contributor Workstyles (Test #8203). Candidates who have previously passed these assessment(s), in some cases, may not need to retest again for this position.

About Southern California Edison

The people at SCE don't just keep the lights on. Our mission is so much bigger. We’re fueling the kind of innovation that’s changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you’ll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

At SCE, we celebrate our differences. We are a proud Equal Opportunity Employer and will not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected status.

We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.

How to Apply

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