Senior Pension Administrator - Defined Benefit
Not Disclosed•Full-TimeOn-site
location_on577, Mallard Avenue, Durham, Durham County, North Carolina, 27701, United States
About the Team
Fidelity has achieved the top position as the largest Defined Benefit (DB) recordkeeper in the US, as measured by total participants under administration. For over 30 years, Fidelity has been a trusted Defined Benefit provider in the industry, demonstrating consistent growth and innovation.
The Defined Benefit group services all plan sizes and complexity. We offer an integrated participant experience to help focus on simplification, accuracy, and the highest level of service. This team ensures the highest level of benefit calculation accuracy for the organizations and clients we support.
About the Role
Do you enjoy problem solving, working with numbers, and learning how financial systems impact real people? If you're comfortable with Microsoft Excel and have strong math skills, this role could be right for you. In this role, you will be part of a team responsible for the accurate and timely processing of various types of financial calculations to support our Defined Benefit clients.
You'll receive structured training on pension concepts, systems, and calculations, with support from experienced team members as you build confidence in the role. As you grow within the team, you may have opportunities to mentor and coach others and progress into Lead Pension Administrator or Analyst roles, taking on increased responsibility, client complexity, and leadership opportunities over time.
Hiring Process
Please be advised that Fidelity is not providing immigration sponsorship for this position.
Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Work location
Work model: On-site
577, Mallard Avenue, Durham, Durham County, North Carolina, 27701, United States
Durham, North Carolina
Key Responsibilities
- check_circleProcess various financial calculations meeting timeliness and accuracy standards
- check_circleManually calculate and review pension benefits for plan participants
- check_circleSupport internal Client Service teams by developing subject matter expertise
- check_circleSupport monthly testing of various system upgrades and releases
- check_circleDocument updates to User Procedure Documentation
- check_circleContact participants to explain calculations and resolve benefit-related issues
- check_circleInterpret DB plan rules to ensure compliance with plan documents
Requirements
- verifiedBachelor's Degree in Mathematics, Finance, Business, or Accounting or equivalent work experience
- verifiedStrong PC Software skills (Excel, Outlook, Word)
- verifiedNo criminal history restrictions per Securities Exchange Act of 1934, ERISA, FINRA rules
- verifiedNot eligible for immigration sponsorship
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Skills, education and keywords
Skills: Microsoft Excel, Excel, Outlook, Word, Math, Pension Concepts, Pension Benefits, Defined Benefit, DB Plan Rules, User Procedure Documentation.
Education: Bachelor's Degree in Mathematics, Finance, Business, or Accounting or equivalent work experience.
Frequently asked questions about Senior Pension Administrator - Defined Benefit at Fidelity Investments
What does a Senior Pension Administrator - Defined Benefit at Fidelity Investments do?expand_more
Day-to-day, the Senior Pension Administrator - Defined Benefit at Fidelity Investments will process various financial calculations meeting timeliness and accuracy standards; manually calculate and review pension benefits for plan participants; support internal client service teams by developing subject matter expertise; and support monthly testing of various system upgrades and releases.
What are the requirements for this Senior Pension Administrator - Defined Benefit role?expand_more
Fidelity Investments is looking for candidates who meet the following requirements: Bachelor's Degree in Mathematics, Finance, Business, or Accounting or equivalent work experience; Strong PC Software skills (Excel, Outlook, Word); No criminal history restrictions per Securities Exchange Act of 1934, ERISA, FINRA rules; and Not eligible for immigration sponsorship.
Where is the Senior Pension Administrator - Defined Benefit role at Fidelity Investments located?expand_more
Senior Pension Administrator - Defined Benefit at Fidelity Investments is based in 577, Mallard Avenue, Durham, Durham County, North Carolina, 27701, United States. This is a on-site role.
Is this Senior Pension Administrator - Defined Benefit job remote, hybrid, or on-site?expand_more
Fidelity Investments has listed this Senior Pension Administrator - Defined Benefit role as on-site.
How much experience is required for this Senior Pension Administrator - Defined Benefit role?expand_more
Candidates for Senior Pension Administrator - Defined Benefit at Fidelity Investments should have mid level.
What skills do you need for the Senior Pension Administrator - Defined Benefit role at Fidelity Investments?expand_more
Key skills for Senior Pension Administrator - Defined Benefit at Fidelity Investments include Microsoft Excel; Excel; Outlook; Word; Math; Pension Concepts; Pension Benefits; and Defined Benefit.
What education is required for Senior Pension Administrator - Defined Benefit at Fidelity Investments?expand_more
Educational requirements for this role: Bachelor's Degree in Mathematics, Finance, Business, or Accounting or equivalent work experience.
What category does the Senior Pension Administrator - Defined Benefit role belong to?expand_more
Senior Pension Administrator - Defined Benefit at Fidelity Investments is part of the accounting & finance job category on Recrutus.
About Fidelity Investments
Fidelity Investments, headquartered in Boston, Massachusetts, operates within the financial services industry with a core mission to enhance the financial well-being of its customers. The organization delivers outcomes for a diverse range of clients, including individuals, families, employers, wealth management firms, and institutional partners. Its operational strength is derived from a large-scale, diversified portfolio of financial services businesses designed to address the unique needs of a broad and expanding customer base.
As a privately held entity for 78 years, Fidelity manages significant assets under administration totaling $15.0 trillion, with discretionary assets reaching $5.9 trillion as of March 31, 2025. This substantial scale supports its ability to serve millions of clients globally. The company maintains a global workforce of more than 77,000 associates, with operations established across the United States, Ireland, and India. This extensive footprint allows Fidelity to provide consistent service and support to its international clientele while maintaining a focus on long-term growth and stability within the financial sector.
Browse more roles: All Fidelity Investments jobs, accounting & finance jobs on Recrutus.