Retirement Benefit Analyst

Saint-Gobain; Malvern (Chester County); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health and Wellbeing

Medical, Vision, Dental Insurance

401(k) with company match

Paid Time Off

EAP

Life Insurance

Pet Insurance

Job summary

Saint-Gobain in the United States seeks a Retirement Benefit Analyst to manage funding, administration, and data for US and Canadian retirement plans. This role interfaces with third-party vendors, plan administrators, attorneys, and accountants to ensure accurate funding and compliance with ERISA and related regulations.

The ideal candidate has a bachelor's degree in math/business, 2–3 years in finance/accounting with retirement plan exposure, and strong analytical skills.

Qualifications

• Bachelors degree in mathematics, business, or related field is required
• 2-3 years experience in finance/accounting, preferably in benefits/retirement plan administration
• Working knowledge of ERISA and retirement benefit regulations in US/Canada preferred
• Strong analytical and math skills
• Ability to prioritize tasks while working independently
• Strong computer skills - Microsoft Office, Workday payroll system and HRIS experience preferred

Responsibilities

• Managing the funding process from payroll to vendors for US 401(k) and Canadian RRSP/DPSP, reconciling payroll data to ensure timely wire to recordkeepers and resolving funding issues
• Administer nonqualified deferred compensation plan; collaborate with Benefits/Compensation and IT on annual enrollment, update enrollment documents, testing, auditing and implementing enrollment elections, weekly funding reconciliation
• Manage weekly demographic data feeds to third party recordkeepers for US/Canada DC and DB plans, research and resolve data errors, support inbound interface files, audit data between TPA and HRIS
• Review 401(k) loan delinquency reports, analyze loan data, administer 401(k) loans per plan provisions and IRS & DOL regulations
• Monitor employee benefit level changes due to hire/rehire/transfer/termination
• Support Retirement Team with special projects such as amalgamations, acquisitions/divestitures, labor renegotiations, and vendor changes in US/Canada

Skills

Finance/retirement exp

ERISA knowledge

Analytical skills

Prioritization

Office software

Education

Bachelor's degree in mathematics, business, or related field

Tools

Microsoft Office

Workday

HRIS system

Job description

What's the job?

The Retirement Benefit Analyst will be responsible for the funding processes across North American qualified and non-qualified retirement plans, retirement plan audits and reconciliations, and data management for the Defined Benefit and Defined Contribution plans with third party vendors. Will provide support to the retirement benefits administration team on projects and acquisitions/divestitures as appropriate.

The Analyst is responsible for understanding plan documents, plan administration policies, ERISA, and complex governmental regulations for U.S. and Canadian, qualified and non-qualified retirement plans. Incumbents should have strong executive functioning skills, including scheduling and meeting competing deadlines successfully. Must be detail oriented and organized as responsibilities will include multiple plans in the US and Canada. Independent thinking is required for determining corrective actions for errors as well as researching and resolving participant issues. This position will routinely interact with third party administrators, plan administrators, attorneys, and accountants so incumbents must have the ability to communicate complex subject matter in a logical, understandable fashion - both in verbal and written form. Successful candidates will be familiar with the regulatory environment and internal control reference framework.

Responsibilities include:

• Managing the funding process from the payroll system to vendors for the US 401(k) and Canadian RRSP/DPSP retirement plans, analyzing and reconciling the payroll data to assure a timely and accurate wire to our recordkeepers, review and resolve all funding issues
• Managing the administration of the nonqualified deferred compensation plan, collaborate with Benefits/Compensation team and IT on annual enrollment including reviewing/updating plan enrollment documents, testing, auditing and implementing enrollment elections, weekly funding reconciliation
• Manage weekly demographic data feeds to third party recordkeepers for both US and Canadian Defined Contribution and Defined Benefit plans, researching and resolving all indicative data errors, support inbound interface files with recordkeepers, audit data between TPA and HRIS systems
• Responsible for reviewing 401(k) loan delinquency reports, analyzing loan data, and administration of 401(k) plan loans to conform to plan provisions and IRS & DOL regulations
• Monitor employee benefit level changes as a result of employee hire, rehire, transfer, or termination
• Support Retirement Team with special projects such as amalgamations, acquisitions, divestitures, labor renegotiations, and vendor changes in both US and Canada

What do you bring?

• Bachelors degree in mathematics, business, or related field is required
• 2-3 years experience in finance/accounting, with a preference for benefits/retirement plan administration support
• Working knowledge of ERISA and retirement benefit regulations in U.S. and Canada preferred
• Strong analytical and math skills are required
• Ability to successfully prioritize tasks while working independently
• Strong computer skills - Microsoft Office, Workday payroll system and HRIS experience preferred

What are our perks?

Employees have the flexibility to choose the benefits that best fit their individual needs:

• Health and Wellbeing – Supporting your wellbeing, to thrive in life and work.
• Medical, Prescription Drug, Vision, and Dental Insurance
• Healthcare Saving Account and Flexible Spending Account options
• LiveWell Wellness Program
• Employee Assistance Program (EAP)
• Paid Time Off and Paid Parental Leave
• Retirement and Protection - Helping to make the future life you want a reality.
• 401(k) with Company Match, Retirement Accumulation Plan (RAP), Cash Balance Pension Plan
• Company-provided Life Insurance, AD&D, Short-Term Disability
• Voluntary employee and dependent life insurance, Long-Term Disability, Critical Illness, and Accident Insurance

Additional Benefits – Helping shape the experience and impact you want

• Group Legal
• Identity Theft Protection
• Auto and Home Insurance
• Pet Insurance and Discounts
• Back-up Child & Elder Care
• PerkSpot Employee Discount Program

Why work for us?

At Saint-Gobain, our employees have pride in belonging to an organization whose culture is made up of these core values: Trust, Empowerment, & Collaboration. Our company encourages diversity and inclusion in all its forms while our products make the world a more beautiful, safer, and sustainable home.-

Saint-Gobain provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Saint-Gobain is an equal opportunity employer of individuals with disabilities and supports the hiring of veterans.

Applicants for roles based in Washington state or remote roles that would be worked from Washington state are encouraged to direct any concerns regarding the state’s Pay Transparency laws to the SGNA HR Compliance team at [e-mail] .