Benefits Analyst - Financial Wellness

The ideal candidate combines strong interpersonal, analytical, and organizational skills with financial acumen and critical thinking to assess employee needs, analyze complex data, and coordinate financial wellness initiatives. They play a key role in promoting financial literacy, supporting retirement readiness, driving process improvements, and aligning programs with organizational objectives, all while exercising discretion in handling confidential information. 

Essential Duties: 

• Prepare, analyze, and reconcile complex U.S. and international retirement plan data to ensure accurate management of retirement plan contributions, distributions, and compliance tasks. 

• Manage daily administration of retirement plans including 401(k), NQRSP, Phantom Stock, UK Pension, and Canadian RRSP plans. 

• Support the Director in plan research, implementation, communication, education, and documentation of multiple retirement plans. 

• Conduct audits of data to ensure accuracy and alignment with records.  

• Generate and reconcile payroll integration files for retirement plan contributions; resolve discrepancies. Coordinate wire requests for funding. 

• Verify and update Highly Compensated Employee (HCE) eligibility annually. 

• Coordinate NQRSP and Phantom Stock enrollments to ensure compliance with 409(a) regulations. 

• Validate monthly NQRSP and Phantom Stock distributions; ensure accurate and timely payments and tax compliance. 

• Manage Phantom Stock re-deferrals and in-service distributions. 

• Oversee 401(k) monthly eligibility, automatic enrollment, and annual escalation processes. 

• Collaborate with HRIT and vendors to ensure accurate data integrations and plan setup. 

• Support 401(k) annual audits by providing documentation to auditors. 

• Calculate the annual Match True-Up for the 401(k) Plan. 

• Lead the annual Total Rewards Statements project, coordinating cross-departmentally to deliver accurate associate statements. 

• Communicate effectively with stakeholders and vendors; manage special projects including legal research and data requests as needed. 

• Manage the relocation program and ensure alignment with business partner’s goals. 

• Manage the education assistance program including approving payments for reimbursement. 

• Assist associates with inquiries and questions concerning financial benefits. 

 Required:

• Organized and Efficient 

• Accurate Written and Verbal 

• Strong Microsoft Excel skills 

• Communication

• Excellent Customer Service  

• Proactive / Takes Initiative Cross-training / Critical Process Backup  

• Attention to Detail 

• High Level of Confidentiality

Preferred:

• 3+ years Retirement Plan Administration Experience or equivalent education experience College Degree 

• Workday Experience 

Competencies:

• Deliver Compelling Communication 

• Demonstrate Good Judgment 

• Learn Continuously 

• Build Customer Satisfaction