Retirement Benefits Manager (Hybrid)

Retirement Manager

The Retirement Manager role will be overseeing 401(k) plans, deferred compensation, benefit plan audits, COLI (Company Owned Life Insurance) and 5500 filings that will require a knowledgeable and detail-oriented professional capable of managing complex employee benefits programs within legal and company policy frameworks. This individual ensures smooth retirement benefits administration, compliance with federal regulations, clear communication with employees and vendors, and accurate reporting to regulatory agencies. This job will work closely with FP&A, Tax, outside auditors and legal teams.

Responsibilities :

• Compiles & analyzes financial information relating to Nonqualified Benefit Plans
• Provides operational oversight to the 401k Savings Plan. Includes : a) maintaining accuracy between the record-keeper and payroll system to ensure participant elections and transactions are accounted for properly; b) ensuring that plan provisions relating to loans, required minimum distributions and hardship withdrawals are administered by the record-keeper in adherence to plan; c) coordinating and executing any corrections related to the annual compliance testing work. Ensures that retirement deductions are properly executed as they relate to severance documents
• Creates & analyzes monthly, quarterly, and annual reports & ensures financial information has been recorded accurately. Identifies trends & developments in competitive environments
• Records financial transactions as they relate to qualified and non-qualified retirement programs to the general ledger
• Performs financial forecasting & reconciliation of internal accounts
• Functions as liaison between vendors and executives
• Advises executives on eligibility, coverage and other matters
• Prepares estimates on non-qualified benefits as requested and upon the executive's retirement.
• Maintains plan documentation
• Assists in plan design & recommendations for benefit plan features
• Must stay knowledgeable of applicable legislative issues and work with ERISA counsel to maintain legal compliance of documents
• Bills and collects Retiree Medical premiums
• Creates open enrollment materials
• Assists in audits
• Reports finances to management
• Special projects

Qualifications :

Education Level - Bachelor's Degree - (Required)

Major - Business administration (Preferred)

Focus / Minor - Finance (preferred)

Work Experience :

4+ years applicable experience - (Required)

Knowledge, Skills & Abilities :

Detail oriented

Motivated, goal-oriented self-starter

Excellent communication skills

Great statistical analysis skills

Passionate at problem solving

Logical thinker