Retirement Analyst (Hybrid/Remote) - Somerset, NJ Req #: 0000177774
Category: Professional / Management
Status: Full-Time
Shift: Day
Facility: RWJBarnabas Health Corporate Services
Department: Human Resources Benefits Mgt
Location: RWJ - 379 Campus Dr. Somerset, 379 CAMPUS DRIVE, SOMERSET, NJ 08873

Job Overview:

Responsible for supporting RWJBarnabas Health s retirement programs. Ensures regulatory deadlines are met and guidelines are adhered to. The Retirement Analyst will work closely with Payroll, Finance, Audit, and retirement plan providers to ensure items, such as compliance, nondiscrimination testing, plan data, plan contributions and distributions are being handled correctly and timely.

Qualifications:

Required:

Bachelor s degree in human resources or related field.Minimum 2+ years benefits experience with a retirement focusAdvanced MS Excel and Query skills. PeopleSoft experience a plusWillingness to gain retirement and benefits expertise through retirement certification course work and independent learning.Highly analytical mindset with general understanding of ERISA tax law, retirement administration, and complianceStrong aptitude and knowledge of Excel with overall ability to generate, modify, re-create workbooks (i.e., Pivot tables, v-look-up , formulas, reporting, graphing, etc.)Strong knowledge and extensive experience with retirement administration and analysis for following plan design, modification, and administration Ability to demonstrate judgement, qualitative, quantitative and analytical skills with the ability to highlight and/or summarize key data findings not just generate reports Align with overall Retirement Team objectives to partner on retirement administration and project workCall awareness to identified retirement process efficiencies, whenever possibleHave a sense of urgency for work to be completed in a fast-paced environment with tight deadlinesAbility to effectively communicate both written and verbal

Preferred:

Retirement Plan certification (CRP, CEBS, RPA, etc.) preferred

Essential Functions

Supports RWJBH team members and other internal colleagues by assisting with escalated issues; develops solutions and recommends appropriate actionsParticipates on the annual plan audits and provides support for inquiries Performs monthly allocation reports for FinanceAudits and supports quarterly calculation of the retirement plan s non elective contributionsReviews and processes monthly invoices for retirement plan providersCoordinates and reviews annual nondiscrimination testingTracks annual company contributions, including projections for qualified and non-qualified retirement plansSupports inquiries with the defined benefit plan and analyzes data for accuracy.Reviews vendor SOC1 reporting and works with plan vendors and auditors as neededCollaborates with internal and external partners to ensure plan information on employee intranet is up to date.Serves as the primary respondent for internal inquires through the internal portal MSPCollaborates with internal partners (in accounting, treasury, audit, etc.) and plan providers to oversee compliance (internal and external) and identify and implement control updates and process improvementsCoordinates with various recordkeepers for distribution requestsOther projects and responsibilities may be added at the manager s discretion

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Additional Information:

At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.

Paid Time Off (PTO) Medical and Prescription Drug InsuranceDental and Vision InsuranceRetirement PlansShort & Long Term DisabilityLife & Accidental Death InsuranceTuition ReimbursementHealth Care/Dependent Care Flexible Spending AccountsWellness ProgramsVoluntary Benefits (e.g., Pet Insurance)Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more!

Choosing RWJBarnabas Health!

RWJBarnabas Health is the premier health care destination providing patient-centered,

high-quality academic medicine in a compassionate and equitable manner, while delivering

a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.

RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.

Equal Opportunity Employer

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RWJBarnabas Health is an Equal Opportunity Employer