Benefits Analyst

2 weeks ago

Chicago, Illinois, United States Perkins Coie Full time

Job Description:


Perkins Coie is seeking a qualified, dynamic individual to take on the role of Benefits Analyst - Retirement Plans and will have the opportunity to contribute to a wide variety of complex activities involving the management of the firm's two defined contribution, and one cash balance retirement benefit programs.

Using exceptional analytical, organization, and communication skills, the Benefits Analyst is responsible for providing subject matter expertise on day-to-day administration, compliance, vendor management, reporting, and employee communication and education for qualified retirement programs.

The position will also conduct research and data analysis regarding various aspects of the plans, identify and develop process improvements, and implement programs accordingly.

The firm has recently expanded to international markets and there will be an opportunity to gain experience and set up retirement programs in non-U.S.

markets.

ESSENTIAL FUNCTIONS
These essential functions are primary job duties that incumbents must be able to perform unassisted or with some reasonable accommodation


Administration:

Responsible for the day-to-day administration and operation of the firm's retirement plans, including contribution and funding reconciliation, distributions, QDRO processing, loan processing, retirement and death claim processing, and benefit file coordination and maintenance within established timeframes.

Analyze and implement 401(k) and Pension plan design changes, and possess a comprehensive understanding of benefits administration. Serve in a support role for quarterly retirement committee meetings.

Compliance:

Monitor and ensure the legal compliance of the plans by collaborating with providers, internal legal counsel, and internal payroll personnel.

Manage the retirement programs' annual audits, 5500 processes, and compliance testing (non-discrimination); read, review, and apply legislative changes affecting the retirement programs.

Update and maintain process documentation to stay current with program or processing changes.

Vendor Management:

Manage the relationships between the firm, firm personnel, trustee, and vendors, as applicable, regarding the retirement plans, plan systems, pension calculations, and service valuation; coordinate and assist vendors and trustee with payments for employees as part of the retirement and termination processes.

Review and process vendor invoices in a timely manner.

Plan Reporting:
Responsible for providing financial metrics and cost analysis of the retirement plans; collect, verify, and provide retirement data to the plan's actuary as needed for computation of benefits, contribution requirements, valuations, and applicable internal audits; collaborate with accounting and financial reporting to ensure appropriate measurement and reporting of plan assets, liabilities, and funding levels

Communications/Education:
Prepare and/or supervise the draft and delivery of appropriate educational communications regarding the retirement plans.

Review eligibility criteria as needed for firm 401(k), and pension plans; prepare communications and materials necessary to address recommended changes and key issues to the Retirement Plan Committee; interpret and explain policies, procedures, and relevant law to current, terminated, and retired firm personnel.

Provide retirement program benefits orientation for newly eligible personnel. Distribute required plan communications to participants by established deadlines.

Attorney Sabbatical Program

Administration:
Serve as the primary point of contact for the firm's two sabbatical programs for attorneys. Responsibilities include determining sabbatical eligibility and processing sabbatical requests for Management Committee approval. Tracking leave dates. Entering leaves in the firm's HRIS, Workday. Calculate annual sabbatical point accruals and usage for annual statement production.

Business Professional Tuition Reimbursement Program

Administration:
Serve as the primary point of contact for the Business Professional Tuition Reimbursement program. Responsibilities include reviewing program applications and responding to applicants and managers in a timely manner. Tracking the annual expenditure for each applicant. Reviewing and approving requests for reimbursement at course completion. Tracking the annual program expenditure for expense budgeting.

Other:
Serve as the Transportation Coordinator for the Puget Sound region as required by local ordinance.

Participate as a member of the *Benefits and *Ask HR email groups to address personnel and beneficiary concerns related to the responsibilities outlined above.

Assist the Director of Total Rewards with other projects as needed.

SPECIFIC SKILLS REQUIRED
Ability to maintain a high level of confidentiality.

Excellent analytical and problem-solving skills including a demonstrated ability to investigate and resolve complex retirement issues and articulate findings in a clear and concise manner.

Ability to perform detailed retirement program calculations.

Strong project management skills with proven ability to manage multiple projects simultaneously with a focus on detail and achieving results.

Ability to establish strong collaborative relationships with teammates, third-party vendors, HR business partners, Payroll & Finance team members, and all levels of firm personnel.

Customer-centric, organized, and meticulous with exceptional MS Office skills, especially Excel.
Strong verbal and written communication skills.
Demonstrated vendor management experience.
Experience identifying process improvements and facilitating their implementation.

SPECIFIC SKILLS PREFERRED
Prior experience working with Workday, ADP, and Vanguard.
Law firm experience.
Exposure to international retirement plan administration.
ASPPA or CEBS certification or classes in retirement plans.

EDUCATION AND EXPERIENCE


Qualified candidates must have a bachelor's degree or equivalent work experience as well as a minimum of five to seven years of Defined Contribution and Define Benefit Plan administration experience.

Candidate must have knowledge of federal and state benefit and tax legislation, and a strong knowledge of benefit laws and regulations, including ERISA, USERRA, HIPAA, PPA.


At Perkins Coie, we look for self-motivated individuals, dedicated to providing value and superior service, and above all, have a high degree of integrity and enthusiasm for their work.

We have created a company culture based on collaboration, devotion to serving our clients, and mutual respect. Perkins Coie is committed to advancing diversity and inclusion both within the firm and throughout our collective communities.

Work with one of the 100 Best Companies to Work For and receive great health insurance, tuition reimbursement, and paid sabbaticals.


This position is eligible for an annual discretionary bonus, 401(k) plan, medical, dental, and vision insurance, accrued paid time off plan starting at 20 days annually, personal medical and parental leave, up to ten paid Holidays, and family care benefits.

More information regarding benefits and programs may be found here.

This position may be filled in the following location(s). The compensation depends on qualifications and experience.

Colorado compensation range:
$67,490 to $100,280 annually

San Diego compensation range:
$77,600 to $115,300 annually

Washington State compensation range:
$71,190 to $105,780 annually

Washington D

C compensation range:
$76,890 to $114,240 annually
#J-18808-Ljbffr

  • Benefits Analyst

    1 week ago

    Chicago, Illinois, United States The LaSalle Group Full time

    Our client is on the lookout for a detail-oriented Benefits Analyst. They need someone with strong data analytics skills in Excel and a genuine passion for enhancing employee benefits. This role presents an excellent opportunity to contribute to benefits optimization while offering a flexible hybrid work arrangement. Benefits Analyst Responsibilities: ...

  • Benefits Analyst

    2 weeks ago

    Chicago, Illinois, United States Solve IT Strategies, Inc. Full time

    Solve IT Strategies is currently seeking a Benefits Analyst to join their team in Chicago, IL. This is a contract position for 5 months with a full-time schedule of 40 hours/week, from 8 am to 5 pm, Monday to Friday, Onsite. About the Role:Administering benefits, leave of absence (LOA), and workers compensation processes.Reporting benefits plan information...

  • Senior Benefits Analyst

    2 weeks ago

    Chicago, Illinois, United States LaSalle Network Full time

    Our client is one of the top law firms in the world, known for its excellence and commitment to providing legal services of the highest caliber. They are looking for a dynamic Senior Benefits Analyst to join their team The Senior Benefits Analyst will be responsible for managing the employee benefits programs while also maintaining focus on health and...

  • Contract Benefits Analyst

    2 weeks ago

    Chicago, Illinois, United States The LaSalle Group Full time

    LaSalle Network has teamed up with a leading supply chain partner in the northwestern suburbs of Chicago. They are looking for a Benefits Analyst to join their dynamic, fast-growing team. With exposure to senior leadership and special projects, this position has the opportunity to make an immediate impact. A successful candidate will be highly motivated,...

  • Health Benefits Analyst

    2 weeks ago

    Chicago, Illinois, United States Segal Full time

    We are recruiting for a Health Benefits Analyst to join the Chicago Health practice. The Opportunity: The Health Benefits Analyst is integral to supporting the delivery of a broad and diverse range of group health benefits consulting services to our clients. This role offers visibility, client interaction, and the opportunity to learn about the emerging...

  • Health Benefits Analyst

    1 week ago

    Chicago, Illinois, United States Segal Full time

    We are recruiting for a Health Benefits Analyst to join the Chicago Health practice. The Opportunity: The Health Benefits Analyst is integral to supporting the delivery of a broad and diverse range of group health benefits consulting services to our clients. This role offers visibility, client interaction, and the opportunity to learn about the emerging...

  • Benefit Analyst

    2 weeks ago

    Chicago, Illinois, United States Lockton Full time

    Description Lockton is hiring Benefit Analysts to join our People Solutions team. In this role, you will participate in an extensive onboarding and training program, intended to immerse you into the benefits consulting industry. You will be embedded in teams, quickly impacting the delivery of health and benefit solutions to clients, all while becoming...

  • Employee Benefits Analyst

    2 weeks ago

    Chicago, Illinois, United States Alera Group Full time

    Alera Group Midwest is seek a Financial Analyst to join their employee benefits team in a hybrid roleOffice locations are:Deerfield, ILDowners Grove, ILChicago, ILGreenwood Village, COThe Financial Analyst plays a pivotal role in partnering with Producers and our Client Service team on the analysis and presentation of client financial information related to...

  • Health and Benefits Analyst

    2 weeks ago

    Chicago, Illinois, United States Aon Full time

    Job Title: Health and Benefits Analyst ActuarialAon is a company focused on making better decisions.Looking to join our team at Aon? We are committed to protecting and enhancing lives worldwide through strategic decisions. As an organization, we are closely-knit with trust, fostering inclusivity and diversity. We are dedicated to supporting our team members...

  • Accounting Analyst

    1 week ago

    Chicago, Illinois, United States Creative Financial Staffing Full time

    Well-respected dynamic financial services firm is seeking an Accounting Analyst. Fantastic opportunity to work for a strong leadership team and work with a fun team.Why Apply ?Voted top places to work in ChicagoGreat time to join company, very exciting atmosphere as they continue to growGood environment/culture/ accounting team is very closeOpportunity to...

  • Actuarial Analyst

    4 weeks ago

    Chicago, Illinois, United States USI Holdings Corporation Full time

    General Description: The Defined Benefits Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by senior staff. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget effectively to ensure a correct and complete client deliverable....

  • Business Analyst

    2 weeks ago

    Chicago, Illinois, United States University of Illinois Full time

    Business Analyst - Office of the Vice Chancellor for ResearchHiring Department: Office of the Vice Chancellor for Research Location: Chicago, IL USA Requisition ID: Posting Close Date: 6/14/2024 About the University of Illinois Chicago UIC is among the nation's preeminent urban public research universities, a Carnegie RU/VH research institution, and the...

  • Associate Analyst/Analyst

    2 weeks ago

    Chicago, Illinois, United States United Airlines Full time

    There's never been a more exciting time to join United Airlines. We're on a path towards becoming the best airline in the history of aviation. Our shared purpose - Connecting People, Uniting the World - is about more than getting people from one place to another. It also means that as a global company that operates in hundreds of locations around the world...

  • Financial Analyst

    1 week ago

    Chicago, Illinois, United States AbbVie Full time

    Company DescriptionThe Financial Analyst is responsible for consolidating, analyzing, and reporting Global capital authorizations and expenditures, and supporting International Therapeutics affiliates with their RCE submissions. The Financial Analyst will also assist with the preparation of presentation materials for forecasting cycles and will work with...

  • Business Analyst

    2 weeks ago

    Chicago, Illinois, United States RedMane Technology Full time

    Business Analyst - Services DeliveryCompany Description RedMane Technology LLC is an application software consulting and systems integration company based in Chicago. We deliver software solutions for our clients throughout the United States and Canada by means of building new applications, implementing cloud and packaged systems, and/or modernizing legacy...

  • Business Analyst

    4 weeks ago

    Chicago, Illinois, United States Heartland Dental and Supported Offices Full time

    Strategic Sourcing Business Analyst Heartland Dental LLC ("Heartland Dental"), the nation's largest dental support organization ("DSO") providing non-clinical, administrative support services to more than 2,800 dentists practicing in 1,700+ locations across 38 states are seeking a Strategic Sourcing Business Analyst to join our procurement team. Reporting...

  • Business Analyst

    1 month ago

    Chicago, Illinois, United States Heartland Dental and Supported Offices Full time

    Strategic Sourcing Business Analyst Heartland Dental LLC ("Heartland Dental"), the nation's largest dental support organization ("DSO") providing non-clinical, administrative support services to more than 2,800 dentists practicing in 1,700+ locations across 38 states are seeking a Strategic Sourcing Business Analyst to join our procurement team. Reporting...

  • Pension Senior Actuarial Analyst

    4 weeks ago

    Chicago, Illinois, United States USI Holdings Corporation Full time

    General Description: The Defined Benefits Senior Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by Actuaries and completes peer review of other Actuarial Analysts' work. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget...

  • OPEB Senior Actuarial Analyst

    4 weeks ago

    Chicago, Illinois, United States USI Holdings Corporation Full time

    General Description: The Defined Benefits Senior Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by Actuaries and completes peer review of other Actuarial Analysts' work. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget...

  • Pension Senior Actuarial Analyst

    2 weeks ago

    Chicago, Illinois, United States USI Holdings Corporation Full time

    General Description: The Defined Benefits Senior Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by Actuaries and completes peer review of other Actuarial Analysts' work. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget...