Benefits Administrator

1 week ago

Columbia, United States Nelson Mullins Full time

Overview

Nelson Mullins, an AmLaw 65 law firm, is seeking an experienced Benefits Administrator with expertise in managing complex benefits, retirement, and investment plans. The ideal candidate will bring significant business acumen and a strong understanding of defined contribution and defined benefit plans, including 401(k) and cash balance plans. You will play a key role in overseeing and managing a variety of benefit-related functions while collaborating with senior leadership, auditors, and external partners to ensure efficient and compliant plan operations. If you have the skills to interface with C-suite executives and possess a strong background in trust and retirement plan management, this could be the opportunity for you.

A Day in the Life

The role involves overseeing the administration of partner-level benefits, retirement plans (such as 401(k) and cash balance plans), and executive compensation plans. You will also manage the day-to-day operations of trusts, RABi Trusts, stock and bond investments, as well as other retirement plan-related assets. Collaboration with auditors, specifically RSM, is essential, particularly in managing the 5500 audit process for retirement plans.

In addition, you will coordinate the Benefits Committee, ensuring that the committee's activities align with business goals and comply with relevant regulations. Working closely with actuaries and trust departments is key to ensuring the proper management and reporting of defined benefits, deferred compensation, and related programs.

The role also includes providing detailed analysis and reporting on benefit plan performance and trends, using advanced Excel skills to present data effectively. Finally, you will regularly interface with the C-suite and senior leadership, providing updates and offering strategic recommendations related to benefits programs and retirement plan management.

We Know You

The ideal candidate will have proven experience in administering and managing complex retirement and benefits plans, including both defined contribution plans (such as 401(k)) and defined benefit plans (such as cash balance plans). You should possess significant knowledge of the 5500 filing and audit process, particularly in collaboration with auditors like RSM. A strong background in executive-level deferred compensation plans and experience working with actuaries and trust departments is essential, especially within the banking industry.

You will need to demonstrate the ability to engage with senior leadership, including C-suite executives, and communicate complex benefits and retirement plan topics clearly and effectively. Advanced Excel skills are necessary, along with experience using data analytics to manage and report on benefit programs. A solid understanding of business acumen and the ability to align benefits strategies with the firm's overall objectives is critical.

In addition, experience managing benefits programs and coordinating Benefits Committees is required. While the role does not involve direct reports or team management, a strong ability to work independently while also collaborating with others is essential.

Preferred Qualifications:

* Experience in the banking or financial services industry, particularly with trust departments.
* Knowledge of RABi Trusts and investments within retirement plans.
* Experience with regulatory compliance in benefits and retirement plans.

Who We Are

With more than 1,000 attorneys, policy advisors, e-discovery professionals, and other business professionals across offices in California, Colorado, the District of Columbia, Florida, Georgia, Illinois, Maryland, Massachusetts, New York, Pennsylvania, Tennessee, Texas, West Virginia, and throughout North Carolina and South Carolina, Nelson Mullins has strong roots in the business community and an appreciation for new directions in the business world.

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