Senior Analyst, Benefits (Pension)

Two to three month consulting opportunity while the firm secures a permanent employee.

New York, NY

Reports to: Senior Manager, Benefits

Key Contacts: Director, Benefits 

Position Summary

Key person focusing on the pension, 401(k) plans and partner life insurance plans as part of the global benefits team.

Primary Responsibilities and/or Essential Functions

• Primary liaison with pension actuary and 401(k) plan record keeper.
• Prepares historical data and reviews pension calculations.
• Communicates with employees and vested terminated participants.
• Administers trustee benefit payment system for all pension plan payments.
• Primary liaison with 401(k) Plan record keeper for resolving 401(k) plan administrative issues.
• Provides reports and analysis for pension, 401(k) and partner life plans.
• Develops annual profit sharing plan forfeiture analysis, plan contribution schedules and annual pension valuation reports.
• Develops annual partner life coverage schedule.
• Participate in development of Partner Annual Benefit Statements.
• Responsible for Annual Funding Notice
• Assure that life and disability policies are established for new partners and cancelled for terminated partners.
• Participates in departmental projects (annual benefit statements, open enrollment).
• Work with partner financial advisors.
• Any additional responsibilities as required by management. 

Knowledge, Skills & Abilities

• Minimum 5 years prior benefits experience with large, multi-location employer working with a broad range of benefit plans including pension, 401(k) and health & welfare plans.
• Must be able to work independently and manage multiple projects in an extremely fast paced environment.
• Excellent written and verbal communication skills and be able to interface with all levels within the firm.
• Advanced computer skills (excel and word).
• Strong working knowledge and experience with automated benefits system (Workday a plus).
• Ability to interpret plan documents and communicate plan provisions effectively (new hire orientations, issue resolutions, etc.).
• Strong working knowledge of DOL and IRS regulations.
• Have some experience administering health & welfare plans.

Education/Certifications

• Bachelor’s degree or equivalent work experience required. 

Competencies

• Understands and applies current information, technology, resources, methods and procedures necessary to perform assigned work.
• Accepts responsibility for the quality and timeliness of work; acknowledges and corrects mistakes; does not make excuses for errors or problems. Understands that their individual performance directly affects business results.
• Analyzes problems, develops effective solutions and understands implications of solutions. Makes appropriate and timely decisions.
• Communicates clearly and concisely in written / verbal communications. Proactively communicates to facilitate workflow, teamwork and efficiency.  Chooses appropriate communication tools and utilizes technology to facilitate communications.
• Produces high quality work; is efficient, accurate and has good attention to detail; consistently strives to improve performance; seeks opportunities to develop professionally and expand job knowledge. Displays high level of personal integrity.
• Works effectively with co-workers as part of the team to get the job accomplished. Flexible and open-minded; willing to share and exchange ideas/suggestions.
• Actively listens and responds to needs of others; interacts with co-workers in a tactful, respectful and positive manner. Contributes to a productive work environment by valuing diversity and the differences in people and ideas.
• Demonstrates knowledge of, and adheres to, Firm policies and procedures; effectively manages PTO and punctuality and insures that MyTime and DTE entries (where applicable) are accurate and made on a timely basis.