Payroll Specialist
Austin, TX - USA
Job Summary
Job Title: Payroll Specialist
Compensation: $25-$30 per hour plus 6% discretionary bonus
Location: Hybrid in Austin TX (Hybrid)
Department: Operations
Job Type: Full-Time
Working Hours: 8:00am-5:00pm CST (Monday-Friday)
About Us:
HUB is a global insurance and employee benefits broker providing a broad array of property casualty risk management life and health employee benefits investment and wealth management products and services.
About HUB Retirement & Private Wealth (RPW):
We lead our communities with integrity driven to make things better both now and in the future. We serve inspire and thrive while maintaining an entrepreneurial spirit. We innovate collaborate and achieve success together focused on the tomorrows for all.
Job Purpose:
We are looking for a meticulous and communicative Payroll Processing Specialist to join our team in Austin this hybrid role you will work three days per week from our Austin office and the remainder remotely. You will be responsible for processing payroll contribution files and funding for non-ERISA 403(b) 457(b) and FICA Alternative plans. Plan types that operate outside ERISAs fiduciary framework but carry their own distinct regulatory contractual and employer-specific compliance requirements. A central function of this role is matching incoming payroll files to corresponding funding identifying and resolving discrepancies before they affect participant accounts and communicating clearly with plan sponsors payroll contacts and internal teams to keep contribution processing accurate and on schedule.
Key Responsibilities:
- Receive review and process payroll contribution files for non-ERISA 403(b) governmental 457(b) and FICA Alternative plans ensuring data integrity and completeness prior to posting.
- Match incoming contribution files to corresponding funding transmittals; identify investigate and resolve mismatches shortfalls overages or timing discrepancies between file data and remitted amounts.
- Analyze contribution data for discrepancies including incorrect deferral amounts missing participants duplicate records or plan-specific allocation errors; escalate unresolved issues to plan sponsors or payroll contacts with clear documentation.
- Communicate proactively with plan sponsors school districts municipalities and payroll administrators to obtain missing files clarify submission errors and confirm funding receipt maintaining a professional and solutions-oriented approach in all interactions.
- Monitor contribution submission deadlines and funding timelines across a portfolio of plans; follow up on late or incomplete submissions in accordance with plan terms and service agreements.
- Apply knowledge of non-ERISA 403(b) plan rules (IRC 403(b)) governmental 457(b) requirements (IRC 457) and FICA Alternative plan structures to validate that contribution types limits and participant eligibility align with plan documents and applicable regulations.
- Maintain accurate contribution records and processing logs; prepare reconciliation reports and exception summaries for internal review and plan sponsor reporting.
- Coordinate with recordkeeping compliance and client services teams to resolve systemic processing issues and support plan sponsor audits or regulatory inquiries.
- Identify opportunities to improve file matching workflows discrepancy detection and communication processes; contribute to procedure documentation and quality improvement initiatives.
- Stay current on IRS guidance and regulatory updates affecting non-ERISA 403(b) 457(b) and FICA Alternative plans including annual contribution limits special catch-up provisions and employer eligibility rules.
Qualifications:
- 2 years of experience in payroll processing retirement plan contribution administration or a related financial operations role.
- Experience working with non-ERISA 403(b) 457(b) or FICA Alternative plans or a strong familiarity with the regulatory distinctions of these plan types.
- Demonstrated ability to match reconcile and analyze large contribution datasets to identify discrepancies and exceptions.
- Strong attention to detail ability to catch subtle data errors across high volumes of files without sacrificing accuracy or timeliness.
- Excellent written and verbal communication skills; comfortable initiating and managing follow-up conversations with plan sponsors and payroll contacts about sensitive or time-critical issues.
- Proficiency with Microsoft Excel (including VLOOKUP/XLOOKUP pivot tables and data validation) and payroll or recordkeeping administration platforms.
- Ability to manage multiple plan deadlines simultaneously and prioritize effectively in a fast-paced deadline-driven environment.
Preferred:
- Associates or Bachelors degree in Finance Accounting Business Administration or a related field.
- ASPPA (QKA) NIPA (APA) or similar retirement plan administration designation or active pursuit thereof.
- Experience working with public school districts government entities or nonprofit organizations as plan sponsors.
- Familiarity with common retirement recordkeeping and contribution processing platforms (e.g. Empower Voya TIAA or similar).
- Experience with automated file processing 834/EDI formats or contribution file format standards.
Featured Benefits:
- Compensation: $25.00-$30.00 per hour
- 6% yearly discretionary bonus
- Medical insurance Vision insurance Dental insurance 401(k) plus match Company Paid STD Life Insurance & parental leave
- Monday-Friday (8am-5pm)
- 2 weeks of vacation sick leave personal days and floating holidays
- Hybrid schedule
- Professional development support including study assistance for ASPPA NIPA or CEBS designations.
Travel:
- No travel required
HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity national origin religion age color sex sexual orientation gender identity disability or veterans status or any other characteristic protected by local state or federal laws rules or regulations.
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Required Experience:
IC
About Company
HUB International is a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services.