Senior Retirement Benefits Analyst
Senior Retirement Benefits Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
Under general direction of the Head of Benefits the Benefits Analyst works with the Benefits Team in North America to provide administrative support to human resources payroll and other representatives and employees on benefit matters including the separate benefits programs for each division across the United States and Canada. Incumbents have responsibility for providing carriers with all required data and reports as well as ensuring timely and accurate processing of invoices.
The Senior Retirement Benefits Analyst will also support employees with information on policies and procedures related to employee benefit programs. The Benefits Analyst also works closely with vendors and carriers to resolve non-forward-facing issues (i.e. carrier feeds) and employee issues.
What You Will Be Doing
- Collaborate with stakeholders to create and implement an ongoing multi-channel benefits communication plan for clarity and engagement beyond annual enrollment.
- Administer retirement plans social insurance pre-tax accounts paid leave and financial well-being programs. Emphasis on administration and management of retirement benefit programes including 401(k) pensions plans and deferred compensation.
- Collaborate with finance and legal teams to support annual plan audits non-discrimination testing and government filings (e.g. Form 5500).
- Work with third-party administrators (TPAs) recordkeepers and investment advisors to maintain plan integrity and performance.
- Ensure accurate secure and timely benefits data transmission correct payroll deductions and monitor employee status changes
- Manage vendor relationships oversee service agreements and drive program improvements through meetings reviews and project management.
- Plan and attend 401(k) and pension administrative committee meetings
- Manage compliance with regulations such as IRC ERISA HIPAA FMLA SECURE 2.0 CAPSA FSRA and State Leave Laws including reading reviewing recommending and applying changes due to legislation affecting our benefit plans
- Complete annual regulatory activities with a high level of accuracy including required minimum distributions (RMDs) Form 5500 plan audits nondiscrimination testing compliance notices plan documents etc.
- Compile non-discrimination testing reports for benefit plans annually or as needed
- Gather data prepare reports and support 401(k) pension and leave of absence audits involving enrollment and deduction information.
- Model company culture delivering exceptional employee support with a focus on fairness and care. Recommend benefits improvements based on employee feedback and peer benchmark data.
- Ensure compliance with local retirement and social insurance regulations across US and Canada.
- Work with a continuous improvement mindset to optimize department operations reduce errors and enhance the delivery of our benefit programs.
Qualifications :
- 5 years in benefit administration role
- Associates degree in a business-related field
- Demonstrated knowledge of all relevant government regulations
- Ability to manage multiple projects at one time
- Discretion to maintain confidentiality regarding sensitive information.
- Visual acuity and ability to work at a computer.
- Knowledge of labor laws including FMLA ADA and other relevant regulations
- Familiarity with group health and retirement benefits
Preferred
- Bachelors Degree in Finance Accounting Business Human Resources or related field
- 2 years payroll/HRIS configuration experience
- 2 years Multi -state leave admin experience
- 2 years Acquisition experience
Additional Information :
Why Smiths
- Be Part of Something Big: As we expand our footprint across North America youll play a key role in building the teams that will define our future.
- Growth Opportunities: At Smiths we believe in your growth as much as our own. Youll have the chance to shape your career and expand your leadership capabilities in an ever-evolving global landscape.
- Collaborative Culture: Join a diverse collaborative team where innovation and fresh ideas are encouraged.
- Work-Life Balance: Enjoy flexible working arrangements and a supportive work environment.
We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color religion sex sexual orientation gender identity national origin economic status disability age or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics where we celebrate support and embrace diversity.
At no time during the hiring process will Smiths Group nor any of our recruitment partners ever request payment to enable participation including but not limited to interviews or testing. Avoid fraudulent requests by applying jobs directly through our careers website (Careers - Smiths Group plc)
Remote Work :
Yes
Employment Type :
Full-time
Employment Type
Remote
