Retirement Benefits Analyst

1 week ago

Morristown, NJ, United States Atlantic Health System Full time
Job Description

Assesses and gives advice to supervisors and other leaders on methods and approaches to resolving employee benefit problems. The Retirement Benefits Analyst is responsible for the administration, analysis, and compliance of retirement benefit programs, including 403(b), 457, Retiree Medical plans, and pension plans. This role assists in ensuring that retirement offerings are competitive, cost-effective, and aligned with regulatory requirements. The analyst serves as a subject matter expert, providing guidance to employees and collaborating with vendors and internal stakeholders to optimize retirement plan performance.

Principal Accountabilities:

Administer retirement plans including 403(b), 457, Retiree Medical, and defined benefit pension plans.
  1. Ensures that programs are carried out in accordance with company's policies and procedures.
  2. Specializes in human resources at the professional level, and carries out responsibilities in benefits, administering and advising employees and management on the interpretation of benefit policies, programs, and procedures.
  3. Advises individuals regarding eligibility and coverage for such programs as Retiree Medical, Tuition Assistance Benefits including Tuition Advancement/Reimbursement and Physician Loan Repayment, 403B, 457, and Defined Benefit Pension Plans.
  4. Conduct audits and reconciliations of retirement plan data and contributions via reviewing of plan error reports.
  5. Collaborate with plan providers and third-party administrators to resolve issues and manage plan operations.
  6. Maintain accurate records and prepare reports for internal and external stakeholders.
  7. Ensures compliance with COBRA, HIPAA, and ERISA provisions, and files required State and Federal reports including overseeing the preparation of the plan 5500s (Defined Benefit, Defined Contribution, and Retiree Medical.)
  8. Communicates provisions of the plan documents. Analyze plan utilization and financial performance to recommend improvements.
  9. Respond to employee inquiries and assist with retirement plan enrollment, changes, and distributions.
  10. Stay current on industry trends, legislative changes, and best practices in retirement benefits.
  11. May have to lead or have professional responsibilities over lower-level support and clerical personnel.
Other duties as assigned

Qualifications

Education/Experience
  1. Bachelor's degree required in business, human resources, finance, accounting or related areas.
  2. 3 years of experience with employee benefits programs especially in Retirement preferred
  3. Experience working with ERISA, DOL, ACA, COBRA and other benefits compliance requirements.
  4. Experience working in a Health Care Facility, Hospital System or relevant area in a Defined Contribution Capacity


About Us

At Atlantic Health System, our promise to our communities is; Anyone who enters one of our facilities, will receive the highest quality care delivered at the right time, at the right place, and at the right cost. This commitment is also echoed in the respect, development and opportunities we give to our more than 20,000 team members. Headquartered in Morristown, New Jersey, we are one of the leading non-profit health care systems in the nation. Our facilities and sites of care include:

  • Morristown Medical Center, Morristown, NJ
  • Overlook Medical Center, Summit, NJ
  • Newton Medical Center, Newton, NJ
  • Chilton Medical Center, Pompton Plains, NJ
  • Hackettstown Medical Center, Hackettstown, NJ
  • Goryeb Children's Hospital, Morristown, NJ
  • CentraState Healthcare System, Freehold, NJ
  • Atlantic Home Care and Hospice
  • Atlantic Mobile Health
  • Atlantic Rehabilitation
We also have more than 900 community-based healthcare providers affiliated through Atlantic Medical Group. Atlantic Accountable Care Organization is one of the largest ACOs in the nation, and we are a member of AllSpire Health Partners.

We have received awards and recognition for the services we have provided to our patients, team members and communities. Below are just a few of our accolades:
  • 100 Best Companies to Work For ® and FORTUNE® magazine for 15 years
  • Best Places to Work in Healthcare - Modern Healthcare
  • 150 Top Places to work in Healthcare - Becker's Healthcare
  • 100 Accountable Care Organizations to Know - Becker's Hospital Review
  • Best Employers for Workers over 50 - AARP
  • Gold-Level "Well Workplace": Wellness Council of America (WELCOA)
  • One of the 100 Best Workplaces for "Millennials" Great Place to Work® and FORTUNE® magazine
  • One of the 20 Best Workplaces in Health Care: Great Place to Work® and FORTUNE® magazine
  • Official Health Care Partner of the New York Jets
  • NJ Sustainable Business
Atlantic Health System offers a competitive and comprehensive Total Rewards package that supports the health, financial security, and well-being of all team members. Offerings vary based on role level (Team Member, Director, Executive). Below is a general summary, with role-specific enhancements highlighted:

Team Member Benefits
  • Medical, Dental, Vision, Prescription Coverage (22.5 hours per week or above for full-time and part-time team members)
  • Life & AD&D Insurance.
  • Short-Term and Long-Term Disability (with options to supplement)
  • 403(b) Retirement Plan: Employer match, additional non-elective contribution
  • PTO & Paid Sick Leave
  • Tuition Assistance, Advancement & Academic Advising
  • Parental, Adoption, Surrogacy Leave
  • Backup and On-Site Childcare
  • Well-Being Rewards
  • Employee Assistance Program (EAP)
  • Fertility Benefits, Healthy Pregnancy Program
  • Flexible Spending & Commuter Accounts
  • Pet, Home & Auto, Identity Theft and Legal Insurance


Note: In Compliance with the NJ Pay Transparency Act (effective Sunday, June 1, 2025), all job postings will include the hourly wage or salary (or a range), as well as this summary of benefits. Final compensation and benefit eligibility may vary by role and employment status and will be confirmed at the time of offer.

EEO STATEMENT

Atlantic Health System, Inc. is an equal employment opportunity employer and federal contractor or subcontractor and therefore abides by applicable laws to protect applicants and employees from discrimination in hiring, promotion, discharge, pay, fringe benefits, job training, classification, referral, and other aspects of employment, on the basis of race, color, religion, sex (including pregnancy, gender identity and sexual orientation), national origin, citizenship status, disability, age, genetics, or veteran status.

About the Team

Atlantic Health System is at the forefront of medicine, setting standards for quality health care powered by a workforce of more than 18,000 team members and 4,800 affiliated physicians dedicated to building healthier communities, the system offers more than 400 sites of care, including eight award-winning medical centers. Specializing in cardiovascular care, cancer care, orthopedics, neuroscience, pediatrics, women's health and rehabilitation medicine. Atlantic Medical Group, comprised of 1,000 physicians and advanced practice providers, represents one of the largest multi-specialty practices in New Jersey and includes finance, legal, marketing, human resources, talent acquisition, ISS and more. Caring for our patients, our team members and the communities we serve is our central mission.

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