What are the responsibilities and job description for the Pension Analyst position at Trane Technologies?
At Trane TechnologiesTM and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.
HROS Talent Statement:
We are a dynamic, diverse, and talented team that is passionate about our work and its impact on those we serve. We take great pride in providing excellent customer service and have fun doing it. We work with subject matter experts and many levels of Enterprise leadership. This helps us to develop skills, gain knowledge, and problem-solve on a wide array of HR, Communications, Financial Acumen, Change Management, Project Management and Operational Excellence topics.
High-level Scope of Job:
The Pension Benefits Analyst is responsible for conducting plan administration services to include benefit calculations and annual data updates in accordance to plan documents and government regulations. The Pension Benefit Analyst will also utilize Operational Excellence Lean tools and methodology to ensure quality output and service delivery; as well as, maintain a thorough understanding of the plan design (e.g. coverage levels, options, and eligibility guidelines).
This is a highly collaborative role with an energetic work dynamic. We are looking for someone who likes variety and is motivated for continuous learning!
This is a hybrid role with some work onsite in Davidson, NC with remote flexiblity as business needs provide.
In this role you will:
- Accurately prepare pension benefit calculations for multiple defined benefit plans. Collect, manipulate, reconcile and review manual data corrections.
- Function as subject matter expert for all pension benefit administration and technical systems as well as HRIS systems.
- Support all changes and updates in pension administration. Identify areas of opportunity and continuous process improvement.
- Work with legal when ambiguity in plan document and administration exists. Capture discrepancies, create standard document, and reference for historical knowledge.
- Comply with standard operating procedures (SOPs) and ensure accurate updates to existing documentation based on enhancements made to existing processes.
- Support implementation of new pension technology by providing SME knowledge, testing, identifying issues and collaborating to find resolution.
- Provide additional support on special projects such as plan freezes, plant closings and other escalated tasks.
Basic Qualifications:
- Degree of equivelent experience in a related field (human resources, benefits, pension, 401k, etc)
Other successful attributes:
- Intermediate Microsoft Office – Excel, Word, PowerPoint
- Demonstrated critical thinking
- Demonstrated analytic and trend analysis capability
- Demonstrated problem solving skills
- Excellent interpersonal skills: ability to interact and communicate in a professional and tactful manner with customers and coworkers
- Ability to prioritize workload and provide timely follow up and resolution
- Ability to adapt quickly in a rapidly changing environment
- Strong attention to detail
- Passion for your job and positive energy
- Has the utmost integrity – confidentiality
- Natural curiosity – seek out and apply new things
- Ability to multi-task, work independently and autonomously
- Advanced Microsoft Office – Excel, Word, PowerPoint
- Take work seriously, but not yourself. Likes to have fun at work!
- Innovative and not afraid to bring big ideas to the table
- Ability to make smart informed decisions
- Able to deliver influential communication to others
- Experience with HR systems
- Exposure to working on projects
- Exposure to lean methology/thinking
We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.
Target Annual Base Compensation Range is $50,000 - $80,000
- Disclaimer: This base salary range is based on US national averages. Actual base pay could be a result of seniority, merit, geographic location where the work is performed.
