Benefits Analyst (Retirement Programs) jobs in United States
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Atlantic Health · 1 day ago

Benefits Analyst (Retirement Programs)

Atlantic Health System is a leading non-profit health care organization headquartered in Morristown, New Jersey. They are seeking a Retirement Benefits Analyst responsible for the administration, analysis, and compliance of retirement benefit programs, ensuring competitive and compliant offerings while serving as a subject matter expert.

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Responsibilities

Administer retirement plans including 403(b), 457, Retiree Medical, and defined benefit pension plans
Ensures that programs are carried out in accordance with company's policies and procedures
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
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
Conduct audits and reconciliations of retirement plan data and contributions via reviewing of plan error reports
Collaborate with plan providers and third-party administrators to resolve issues and manage plan operations
Maintain accurate records and prepare reports for internal and external stakeholders
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.)
Communicates provisions of the plan documents. Analyze plan utilization and financial performance to recommend improvements
Respond to employee inquiries and assist with retirement plan enrollment, changes, and distributions
Stay current on industry trends, legislative changes, and best practices in retirement benefits
May have to lead or have professional responsibilities over lower-level support and clerical personnel

Qualification

Retirement plan administrationERISA complianceData analysisExcel skillsClear communication

Required

Bachelor's degree or equivalent experience
3–5 years of experience administering employee benefit programs, with a strong focus on retirement plans
Strong working knowledge of ERISA and retirement plan compliance
Experience reviewing retirement plan data, reports, and reconciliations
Strong Excel skills for audits, reconciliations, and reporting
Clear communication skills and comfort working directly with employees and vendors

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

Company

Atlantic Health

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Atlantic Health is at the forefront of medicine, setting standards for quality health care in New Jersey, Pennsylvania and the New York metropolitan area.

Funding

Current Stage
Late Stage

Leadership Team

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Saad Ehtisham
President & CEO
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Colleen McManus
Executive Director of Operations at Atlantic Health System
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Company data provided by crunchbase