Olin Corporation Pension Administration Supervisor in Clayton, Missouri

Pension Administration Supervisor


Job Code6207

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Olin Corporation is hiring a Pension Administration Supervisor to be located at the Clayton, MO office (St. Louis area).

Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. Olin Chlor Alkali Products and Vinyls is the world's leading producer of chlor alkali products and vinyls, the number one supplier of epoxy materials, the number one global seller of membrane caustic soda and chlorinated organics and the number one North American seller of chlorine, bleach and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components and industrial cartridges.

Essential Functions:

  • Review and approve pension calculations for retiring active employees, surviving spouses, and terminated vested employees. Determine eligibility and calculate retirement benefits for a targeted population of terminated vested employees. Note: There are more than 40 pension plan formulas covering individuals retiring from Olin’s current and former operations.

  • Create and maintain electronic retirement files by entering pertinent data in PeopleSoft and/or other pension administration systems (e.g. personal information, pension amount, form of payment, health benefits, life insurance, banking, tax information and any changes).

  • Provide written confirmation of pension amounts to immediate and vested retirees.

  • Oversee retiree medical process, including administrating open enrollment, entering retiree data in pension administration systems, working with various health plan vendors, and educating retirees on health plan coverages and benefits.

  • Collaborate with other pension administrators to balance payrolls monthly, accounting for all additions, changes and deletions.

  • Complete monthly report, accounting for pension payments by plan.

  • Address telephone calls and written correspondence from retirees, potential retirees, and former employees, surviving spouses and those with power of attorney, as needed.

  • Support local human resources, benefits administrators, Pension Manager and Pension Coordinator as needed.

  • Other duties as assigned by Pension Manager, including but not limited to annual form review, qualified plan audit support, etc.

Position Requirements:

  • Bachelor’s degree in Human Resources, Business or related field required.

  • Minimum of 3 years’ relevant experience in benefits, payroll, pension, accounting and/or IT required.

  • Minimum of 1 year’ experience managing projects.

  • Working knowledge of pension benefit plans and benefits administration systems.

  • Knowledge of and experience with PeopleSoft preferred.

  • Proficiency in Microsoft Excel, Word, PowerPoint and Outlook required.

  • Must possess ability to become familiar with the databases and reporting systems used to administer the pension plans.

  • Excellent communication, interpersonal and customer service skills required. Must be able to interact effectively with both internal and external customers.

  • Strong analytical, problem-solving, and organizational skills required.

  • Must be able to multi-task on a daily basis, manage priorities, be a self-starter, work well under pressure and maintain confidentiality of information.

  • Must be able to deliver accurate, timely results and respond to frequent ad hoc requests.

*Degree must be from a school that is accredited by an accrediting agency recognized by the Secretary of Education of the U.S. Department of Education

Olin is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.