Pension administrator vs senior benefits specialist

The differences between pension administrators and senior benefits specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a pension administrator and a senior benefits specialist. Additionally, a pension administrator has an average salary of $57,547, which is higher than the $50,211 average annual salary of a senior benefits specialist.

The top three skills for a pension administrator include customer service, plan administration and IRS. The most important skills for a senior benefits specialist are customer service, HR, and HRIS.

Pension administrator vs senior benefits specialist overview

	Pension Administrator	Senior Benefits Specialist
Yearly salary	$57,547	$50,211
Hourly rate	$27.67	$24.14
Growth rate	7%	7%
Number of jobs	50,422	34,999
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 67%
Average age	45	45
Years of experience	6	6

Pension administrator vs senior benefits specialist salary

Pension administrators and senior benefits specialists have different pay scales, as shown below.

	Pension Administrator	Senior Benefits Specialist
Average salary	$57,547	$50,211
Salary range	Between $37,000 And $87,000	Between $34,000 And $72,000
Highest paying City	Needham, MA	-
Highest paying state	New Jersey	-
Best paying company	Kerkering Barberio	-
Best paying industry	-	-

Differences between pension administrator and senior benefits specialist education

There are a few differences between a pension administrator and a senior benefits specialist in terms of educational background:

	Pension Administrator	Senior Benefits Specialist
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Pension administrator vs senior benefits specialist demographics

Here are the differences between pension administrators' and senior benefits specialists' demographics:

	Pension Administrator	Senior Benefits Specialist
Average age	45	45
Gender ratio	Male, 35.7% Female, 64.3%	Male, 25.4% Female, 74.6%
Race ratio	Black or African American, 11.1% Unknown, 3.7% Hispanic or Latino, 15.4% Asian, 7.9% White, 61.4% American Indian and Alaska Native, 0.4%	Black or African American, 10.6% Unknown, 3.6% Hispanic or Latino, 15.6% Asian, 7.3% White, 62.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	9%	9%

Differences between pension administrator and senior benefits specialist duties and responsibilities

Pension administrator example responsibilities.

Lead special project team construct to interpret the initial impact of ERISA legislation on company pension operations.
Participate in establishing and testing pension plans on PeopleSoft to automate applicable calculations.
Assist in plan design issues that comply with client needs and ERISA and DOL laws.
Train in filing of 5500 tax returns with the DOL.
Review trend analysis for fail ACP and ADP tests.
Conduct top heavy, ADP, and ACP compliance testing of define contribution plans.

Senior benefits specialist example responsibilities.

Develop and manage leave of absence program in accordance with company policy, FMLA and applicable state laws.
Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
Coordinate with STD/FMLA carrier and payroll to process disability and FMLA claims.
Set up new hires in Kronos time & labor system as well as work schedules.
Act as liaison with vendors to insure accurate and timely claims processing according to HCFA, HIPAA and Medicare guidelines.
Prepare weekly payroll utilizing Kronos software.

Pension administrator vs senior benefits specialist skills

Common pension administrator skills

Customer Service, 11%
Plan Administration, 9%
IRS, 7%
Financial Statements, 7%
ERISA, 7%
DOL, 5%

Common senior benefits specialist skills

Customer Service, 11%
HR, 9%
HRIS, 7%
Life Insurance, 4%
Benefits Administration, 4%
Cobra, 4%

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Pension Administrator
Pension Administrator vs Senior Benefits Specialist

Updated January 8, 2025

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