Munich Re · 6 hours ago
Benefits & Savings Analyst Senior
Princeton, NJ
Full-time
Hybrid
Senior Level, Lead/Staff
$86K/yr - $120K/yr
10+ years expMunich Re is a leading global insurance and reinsurance company, and they are seeking a Benefits & Savings Analyst Senior to manage the daily administration and compliance of the Company’s retirement savings plans. The role involves ensuring compliance with relevant regulations, resolving complex benefits-related issues, and collaborating with various stakeholders to enhance the benefits administration process.
FinanceInsuranceInsurTechRisk Management
Hiring Manager
JoanAnn Rafferty
Responsibilities
Responsible for the daily operations of the Company’s 401(k) and non-qualified retirement plans, including, while ensuring compliance with ERISA, IRS and DOL regulations
Analyze and resolve complex benefits-related issues, including employee complaints
Act as a Subject Matter Expert for the HR Service Center and other internal stakeholders
Maintain relationships with external vendors, including recordkeepers and consultants
Maintain benefits-related documentation, including plan documents, summaries, and participant communications
Prepare communications to various audiences, including employees and senior leaders
Stay up-to-date on changes in applicable laws and regulations, and recommend retirement and savings plan design or policy changes to ensure compliance
Primary resource for internal and external audits, and support the preparation of the audited financial statements
Coordinate and oversee the completion of IRS Form 5500 filing, ACA 1095, Annual Funding Notice, PBGC filings, etc
Collaborate with the broader HR team and internal stakeholders, including IT, on projects and change requests
Qualification
Required
10+ years progressive employee benefits experience, with a focus on retirement savings plans (401(k) and non-qualified plans)
Strong knowledge of relevant laws and regulations, including ERISA, IRS, and DOL regulations
Skilled in Microsoft Office (Excel, Word and Powerpoint)
Ability to work in a fast-paced environment and prioritize multiple tasks and projects
Excellent analytical, problem-solving, and communication skills
Act as a resource, mentor and guide to team members
Ability to understand and leverage technology to improve processes
Lead/manage projects
Demonstrated solid written and verbal communication skills
Demonstrated ability to work with IT and HR Operations
Preferred
Knowledge of Sharepoint is an asset
Experience with HRIS, payroll and benefits administration systems and software (eg. SuccessFactors, SAP HR and Benefitfocus) preferred
Benefits
Health insurance coverage
An employee wellness program
Life and disability insurance
401k match
Retirement savings plan
Paid holidays
Paid time off (PTO)
Two options for your health insurance plan (PPO or High Deductible)
Prescription drug coverage (included in your health insurance plan)
Vision and dental insurance plans
Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary
Short and Long Term Disability coverage
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children)
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
A robust 401k plan with up to a 5% employer match
A retirement savings plan that is 100% company funded
Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
Eligibility to receive a yearly bonus as a Munich Re employee
A variety of health and wellness programs provided at no cost
Paid time off for eligible family care needs
Tuition assistance and educational achievement bonuses
A corporate matching gifts program that further enhances your charitable donation
Paid time off to volunteer in your community
Company
Munich Re
Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1888-03-21IPO
Leadership Team
Andrew Buchanan
Group CFO
Christoph Jurecka
Chief Financial Officer
Recent News
2026-01-16
2026-01-16
Company data provided by crunchbase