Job Openings in Sacramento County and Beyond
Retirement Benefits Specialist
500 West Capitol Ave SACRAMENTO, CA 95605 United States of America
Job Description
We are recruiting for an experienced Retirement Benefits Specialist to join one of Sacramento’s premier organizations. This onsite position is responsible for administering retirement plans to employees of a large company. Our client offers career advancement opportunities as the company continues to experience rapid growth. An attractive benefits package includes: a 401(k) plan with employer match, generous paid time off, and additional rewards. Salary Range: $80,000-$100,000 + annual bonus.
The qualified candidate will have a minimum of five years’ experience administering retirement plans and programs, ability to lead projects and possess strong knowledge of retirement and pension initiatives for large organizations.
PRIMARY RESPONSIBILITIES:
- Responsible for overall management of retirement plans; ensure that all plans are administered consistent with best practices.
- Support strategy development and focus on engaging employees in their benefits, development of benefits to meet the organization's needs, as well as maximizing efficiencies and maintaining compliance.
- Monitor and evaluate the effectiveness of existing processes, identify areas for improvement and make recommendations to enhance efficiency, accuracy, and the team member experience.
- Work with plan administrator on providing all required disclosures to plan participants.
- Proactively provides status updates to management on progress of team member cases and retirement tasks/projects.
- Review reports to resolve issues and ensure accuracy.
- Provide counseling to employees about retirement, upon request.
- Assist with the development of Total Rewards education content and campaigns.
- Prepare and provide group presentations regarding retirement plans.
- Build and maintains relationships with third-party administrators, retiree medical plan administrators, consultants, and legal advisors.
- Participant in meetings regarding retirement plan administration and plan or contract changes.
- Complete special projects as assigned.
- Ensure compliance with all state and federal regulations concerning qualified retirement plans.
SKILLS & QUALIFICATIONS:
- BA degree in Human Resources, Business or Finance required.
- Minimum of 5-7 years' experience in retirement benefit plan structure, compliance, administration, and engagement.
- Experience in broad-based compensation administration is preferred.
- Comprehensive knowledge of defined benefit (pension) and defined contribution (401k) plans.
- Strong knowledge of ERISA, IRS, and other regulatory requirements related to retirement plans.
- Proficiency in HR systems (Oracle HCM or similar) and Microsoft Office.
- Outstanding communication and presentation skills; an ability to effectively communicate with a range of stakeholders, externally and within the organization.
- Ability and willingness to multi-task and manage multiple priorities and stakeholders.
- Demonstrated ability to be detail oriented while also focusing on the big picture.
- Strong time management and prioritization skills.
- Exceptional interpersonal, verbal, and written communication skills.
- Effective problem-solving skills.
- Ability to maintain confidentiality of information.