Retirement Benefits Analyst
Retirement Benefits Analyst
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1 Vacancy
Job Description
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference in the future of Asia and be a catalyst for positive change We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
The position of Retirement Benefits Analyst is assigned to the Office of the Director General Retirement Benefits and Investment Unit (BPOD-RIU) within the Budget People and Management Systems Department (BPMSD). You will be based at our Headquarters in Manila Philippines.
You will report to the Designated Technical International Staff and Officer.
Your Role
As a Retirement Benefits Analyst you will provide technical and analytical support in the Unit with focus on the pension areas including administration of the Staff Retirement Plan (SRP) including the Discretionary Benefits Scheme and the Defined Contribution Plan.
You will:
- Provide administrative support in managing pension and other benefit areas handled by BPOD-RIU including determining entitlements and processing claims in conformity with ADB procedures.
- Coordinate with internal and external parties for reconciliation and settlement of outstanding accounts and implementation of agreements/arrangements.
- Ensure that records are updated and filing systems are maintained following prescribed systems and established guidelines.
- Support business process improvement policy development of systems and tools to improve service delivery.
- Support the design and delivery of knowledge tools and articles including preparing presentation materials and drafting standard and non-standard correspondence and reports.
- Collect and analyze diverse data to produce required statistics/reports as instructed.
- Facilitate efficient data management of files and databases.
- Support/liaise on enhancing SRPs intranet presence.
- Be the focal point within the Unit and BPMSD and with other Departments.
- Perform other duties as may be assigned and reflected in the incumbents workplan.
You will need:
- Bachelors degree in Business Administration or related fields. An advantage would be additional training in data visualization HR analytics and familiarity with broad pension and investment concepts and seminars.
- At least 5 years of relevant professional experience. Experience in administration of pension plans and committee secretariat will be an advantage.
- Strong analytical problem solving and interpersonal skills with the ability to liaise effectively with all types of internal and external clients.
- Proven ability to work independently on assigned transactions areas of analysis and research which have well-defined scope and steps.
- Familiarity with existing database management systems and data analysis tools such as Oracle ERP and other related database will be an advantage. Effective report writing and communication skills in English is required.
- Ability to exercise judgment on matters of confidentiality.
- Excellent organization coordination and interpersonal skills
- Ability to work collaboratively within the team and build effective working relationships with colleagues in other divisions and departments.
- Please refer to the link for ADB Competency Framework for Technical Local Staff grade 3.
Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADBs standards and comparator markets taking into account your qualifications and experience.
- Paid leave (including parental)
- Medical and health benefits
- Life and other insurance plans
- Staff development
- Retirement plan
Additional Information
This appointment is open to internal and external applicants.
This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period this appointment may at the option of ADB be extended once for up to 2 years converted to a regular appointment or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staffs particular blend of skills and experience in the foreseeable future; and (b) Staffs performance is satisfactory and they are suitable for further employment.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila Philippines and is composed of 69 members 50 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous inclusive resilient and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. ADB combines finance knowledge and partnerships to fulfill its expanded vision under our Strategy 2030.
ADB only hires nationals of its69 members.
To view ADB Organizational Chart please clickhere.
ADB wants to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial ethnic religious and cultural background gender sexual orientation or disabilities. Women are highly encouraged to apply.
Visit ADB Careers FAQ for more information.
Required Experience:
IC
Employment Type
Full Time
