drjobs Benefits Analyst III

Benefits Analyst III

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1 Vacancy
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Job Location drjobs

Newport Beach, CA - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Title: Benefits Analyst III

Location: Newport Beach CA 92660

Duration: 6 months contract (Good Possibilities of extension)

Job Description:

How you will make an impact:

  • Lead the administration and analysis of retirement plan benefits including compliance with plan documents and regulations for the 401(k) Deferred Compensation Plan (DCP) and Supplemental Executive Retirement Plan (SERP).
  • Monitor retirement plan vendors to ensure that performance aligns with agreed upon scope and service levels.
  • Contribute to the annual budget process by forecasting retirement plan expenses and tracking budget vs. actual costs.
  • Oversee and administer a variety of ancillary benefits programs such as the financial wellbeing program and other related offerings as needed.
  • Provide input for the development of communication tools to boost employee comprehension of our retirement benefit offerings.
  • Ensure plans are operating in compliance with plan documents and all applicable laws or regulations.
  • Manage DCP annual enrollment event and annual and ad-hoc NQ distributions
  • Complete benefits compliance activities such as 401k annual audit reconciling and filing required forms (e.g. Form 5500/8955-SSA) conducting non-discrimination testing updating and distributing plan documents and required disclosures.
  • Coordinate retirement plan Investment Committee meetings by scheduling meetings establishing agenda preparing meeting materials reviewing notes and ensuring compliance with Committee guidelines.
  • Using best practices and knowledge of industry and business/customer needs provide analysis make recommendations and support implementation of changes or enhancements to retirement benefit programs.
  • Resolve escalated benefits inquiries from employees retirees and other HR stakeholders ensuring timely and satisfactory resolution of each issue.
  • Manage actuarial valuation data requests by working with external consultants and Finance team
  • Collaborating with clients advisors auditors and other service providers
  • Resolve retirement plan (401(k) DCP SERP) corrections as necessary
  • Staying current on retirement plan regulations through continuing education and research
  • Participating in internal process improvement initiatives and team projects
  • Support additional ad-hoc benefits projects as they emerge.

The experience you will bring:

  • Bachelors degree in business administration Human Resources or a related field
  • 5 years of experience in benefits or relevant professional experience
  • Strong analytical skills that drive data-driven decisions and comprehensive problem-solving
  • Excellent vendor management and communication skills
  • Strong attention to detail and highly organized with ability to multi-task meet deadlines and effectively prioritize work
  • Proficiency in Microsoft Office suite especially Excel ensuring streamlined data management and analysis
  • Understanding of benefits general HR processes regulations and compliance
  • Hands-on experience with platforms like Workday or similar HRIS systems

Trinus Corporation a leading provider of technology solutions and services with over 25 years of experience is a certified WBE/MBE/SBE/SDB firm accredited by WBENC NMSDC and SBA. Our mission is to shape the future of work by aligning the right mix of people process technology and innovation to efficiently meet our clients business objectives. At Trinus we understand that finding the right opportunity is pivotal in your career journey. Our staffing services go beyond mere placements; they are about matching your skills and aspirations with the perfect fit. To learn more about us please visit our website

Employment Type

Full-time

Company Industry

About Company

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