What are the responsibilities and job description for the Retirement Benefits Specialist position at Johnson & Wales University?
Summary
Manages the university's employee retirement program providing strategic and operational data analysis, and plan administration and oversight
Diversity & Inclusion
Embracing diversity for a richly inclusive community is a Guiding Principle at JWU. Our students, faculty and staff have varied backgrounds, experiences and perspectives that unite us as one community and contribute to our success. We are committed to enhancing the diversity of our workforce teams and we encourage individuals from underrepresented groups to apply.
Johnson & Wales University is an equal opportunity employer. The university does not illegally discriminate on the basis of any protected class. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, disability, familial status, gender or gender identity, genetic information, military service, national origin, pregnancy and related conditions, race, religion, sex, veteran status, or any other basis prohibited by law.
Essential Job Functions
Qualified candidates must live or relocate within a daily commuting distance of the Providence Campus location upon hire.
Applications are accepted on an ongoing basis until job posting is closed.
Manages the university's employee retirement program providing strategic and operational data analysis, and plan administration and oversight
Diversity & Inclusion
Embracing diversity for a richly inclusive community is a Guiding Principle at JWU. Our students, faculty and staff have varied backgrounds, experiences and perspectives that unite us as one community and contribute to our success. We are committed to enhancing the diversity of our workforce teams and we encourage individuals from underrepresented groups to apply.
Johnson & Wales University is an equal opportunity employer. The university does not illegally discriminate on the basis of any protected class. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, disability, familial status, gender or gender identity, genetic information, military service, national origin, pregnancy and related conditions, race, religion, sex, veteran status, or any other basis prohibited by law.
Essential Job Functions
- Manages the daily administration of the university's defined contribution retirement benefit plan in compliance with applicable regulations and plan provisions
- Transmits payroll, demographic and compensation files to the retirement plan record keeper, and reviews and confirms the accuracy of data posted to the record keeper’s system
- Prepares, coordinates and reviews annual compliance filings including Form 5500, non-discrimination testing and plan audit
- Monitors, reviews and interprets regulations that impact the retirement benefit plan and implements changes, as applicable
- Oversees special projects relating to the retirement program and establishes guidelines and practices for retirement plan administration
- Creates, maintains and updates retirement program processes and policy documentation
- Provides plan participants with required information including summary plan descriptions and summary of material modifications, and communicates with individual plan participants
- Leads the development and implementation of plan participant education and communication strategies
- Acts as a primary customer service representative for matters relating to the retirement benefit plan
- Prepares, reconciles and analyzes retirement plan data and reports of varying complexity in a timely manner
- Performs other duties as assigned
- Minimum of a bachelor's degree
- Moderate amount of experience working in retirement plan administration or related experience
- Proficiency in Microsoft Excel, including pivot tables and VLOOKUP's
- Working knowledge of retirement plans and applicable regulations (e.g. ERISA, DOL)
- Excellent analytical, organization and project management skills with high-level attention to detail
- Excellent verbal and written communication skills
- Bachelor’s degree in business, finance or a related field of study
- Experience working with UKG Pro (formerly Ultipro) or another human resource information system (HRIS)
Qualified candidates must live or relocate within a daily commuting distance of the Providence Campus location upon hire.
Applications are accepted on an ongoing basis until job posting is closed.
