Senior Benefits Analyst - Retirement
Senior Benefits Analyst - Retirement
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$ 78400 - 100900
1 Vacancy
Job Description
Donaldson is committed to solving the worlds most complex filtration challenges. Together we make cool things. As an established technology and innovation leader we are continuously evolving to meet the filtration needs of our changing world. Join a culture of collaboration and innovation that matters and a chance to learn effect change and make meaningful contributions at work and in communities.
We are actively looking for an experienced retirement specialist to join our Total Rewards team at Donaldson as our next Senior Benefits Analyst Retirement. This role is ideal for detail-oriented individuals with have prior experience working with retirement vendors. This person will work cross-functionally within the company and must have strong communication skills. This is a great opportunity to work with a successful and driven team. Ideal candidates must be able to work in the Bloomington MN office on a hybrid work schedule.
Role Responsibilities:
RETIREMENT PROGRAM ADMINISTRATION (75%)
Responsible for the daily and the ongoing administration of U.S. retirement plans (Defined Contribution and/or Defined Benefit) including vendor coordination and cross-functional collaboration.
Develop and deliver timely clear and engaging communications related to U.S. retirement benefits for employees business leaders and HR partners.
Resolve complex inquiries related to plan design administration and participant experience for both DC and DB plans.
Manage all DC Plan funding activities including annual and year-end contribution and true-up match calculations.
Prepare and fulfill data requests related to quarterly and annual regulatory filings.
Analyze employee research and data analytics to assess program effectiveness and inform design.
Maintain comprehensive documentation and records of plan administration.
Lead the implementation of regulatory and plan design changes in collaboration with HRIS Payroll Legal and vendors.
Recommend and implement retirement plan design and process improvements aligned with Total Rewards strategy.
Collaborate with external partners and internal stakeholders to stay informed on emerging trends tools and best practices.
Identify opportunities to modernize plan administration improve service delivery and streamline processes.
BENEFIT PROJECTS (25%)
Support and lead special initiatives related to benefits strategy and cross-functional Benefits or Total Rewards projects
Minimum Qualifications:
4 years of experience working with retirement benefits at a public company.
Prior experience working with retirement vendors directly
Bachelors degree or at least 7 years of relevant benefits experience
Preferred Qualifications:
In-depth technical knowledge of U.S. retirement plans including relevant legal and tax regulations.
Prior experience working with Fidelity would be beneficial
CEBS certification
Strong cross-functional influencing and collaboration skills (HR Finance Legal Tax vendor relationships etc.).
Ability to communicate complex technical retirement matters effectively at all levels of the organization internally and externally.
Proven project management capabilities with a proactive solution-oriented mindset and keen commitment to drive continuous improvements with little supervision.
Ability to work in a team environment as well as independently.
Experience working with Workday.
Travel: Up to 5% as needed
Relocation: This position is not eligible for relocation assistance.
Annual Salary Range: $.
Actual salaries will vary based on several factors including but not limited to applicable work experience training education performance.
Employee benefits are part of the competitive total rewards package that Donaldson Company Inc. provides to you. Our comprehensive benefits program includes health benefits retirement plan (401k) paid time away paid leaves (including paid parental leave) and more.
Immigration Sponsorship Not Available:
Applicants for this position must be currently and legally authorized to work in the United States without the need for current or future sponsorship (e.g. H-1B J-1 F-1 CPT OPT etc.).
Donaldson will not offer immigration sponsorship or assume sponsorship of an employment visa for this position.
International relocation or remote work arrangements outside of the U.S. will not be considered.
Keywords: benefits analyst retirement 401k vendor CEBS DC plans
#LI-Hybrid
Equal Opportunity Employer including Disability and Veterans
Employment opportunities for positions in the United States may require use of information which is subject to the export control regulations of the United States. Hiring decisions for such positions are required by law to be made in compliance with these regulations. Applicants for employment opportunities in other countries must be able to meet the comparable export control requirements of that country and of the United States.
Donaldson Company has been made aware that there are several recruiting scams that are targeting job seekers. These scams have attempted to solicit money for job applications and/or collect confidential information Donaldson will never solicit money during the application or recruiting process. Donaldson only accepts online applications through our Careers Donaldson Company Inc. website and any communication from a Donaldson recruiter would be sent using a email address. If you have any questions about the legitimacy of an employment opportunity please reach out to to verify that the communication is from Donaldson.
Our policy is to provide equal employment opportunities to all qualified persons without regard to race gender color disability national origin age religion union affiliation sexual orientation veteran status citizenship gender identity and/or expression or other status protected by law.
Required Experience:
Senior IC
Employment Type
Full-Time
