Retirement Benefits Specialist

Johnson & Wales University; Providence (RI); Hybrid; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated professional to manage its employee retirement program. This role involves strategic and operational data analysis, ensuring compliance with regulations, and overseeing the administration of the retirement benefit plan. You will be responsible for preparing compliance filings, monitoring regulations, and leading participant education initiatives. If you have a strong background in retirement plan administration and possess excellent analytical and communication skills, this is an exciting opportunity to make a meaningful impact in a supportive and collaborative environment.

Qualifications

• Minimum of a bachelor's degree required.
• Experience in retirement plan administration is essential.

Responsibilities

• Manage the university's retirement program and ensure compliance.
• Prepare annual compliance filings and monitor regulations.

Skills

Analytical Skills

Organization Skills

Project Management

Communication Skills

Education

Bachelor's Degree

Bachelor's in Business, Finance, or Related Field

Tools

Microsoft Excel

UKG Pro (formerly Ultipro)

Job description

Apply now Job no: 10401
Work type: Full Time
Location: Providence, Rhode Island
Categories: Human Resources & Payroll, Staff/Administration, Calendar Year (12-Month), Hybrid

Summary

Manages the university's employee retirement program providing strategic and operational data analysis, and plan administration and oversight.

Essential Job Functions

• Manages the daily administration of the university's defined contribution retirement benefit plan in compliance with applicable regulations and plan provisions.
• Transmits payroll, demographic and compensation files to the retirement plan record keeper, and reviews and confirms the accuracy of data posted to the record keeper’s system.
• Prepares, coordinates and reviews annual compliance filings including Form 5500, non-discrimination testing and plan audit.
• Monitors, reviews and interprets regulations that impact the retirement benefit plan and implements changes, as applicable.
• Oversees special projects relating to the retirement program and establishes guidelines and practices for retirement plan administration.
• Creates, maintains and updates retirement program processes and policy documentation.
• Provides plan participants with required information including summary plan descriptions and summary of material modifications, and communicates with individual plan participants.
• Leads the development and implementation of plan participant education and communication strategies.
• Acts as a primary customer service representative for matters relating to the retirement benefit plan.
• Prepares, reconciles and analyzes retirement plan data and reports of varying complexity in a timely manner.
• Performs other duties as assigned.

Required Qualifications

• Minimum of a bachelor's degree.
• Moderate amount of experience working in retirement plan administration or related experience.
• Proficiency in Microsoft Excel, including pivot tables and VLOOKUP's.
• Working knowledge of retirement plans and applicable regulations (e.g. ERISA, DOL).
• Excellent analytical, organization and project management skills with high-level attention to detail.
• Excellent verbal and written communication skills.

Preferred Qualifications

• Bachelor’s degree in business, finance or a related field of study.
• Experience working with UKG Pro (formerly Ultipro) or another human resource information system (HRIS).

Please Note:

Qualified candidates must live or relocate within a daily commuting distance of the Providence Campus location upon hire.

Applications are accepted on an ongoing basis until job posting is closed.

Advertised: 24 Jan 2025 Eastern Standard Time
Applications close: Open until filled.