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Senior Benefits Analyst

Leonardo DRS
Arlington, VA Full Time
POSTED ON 1/29/2025
AVAILABLE BEFORE 3/29/2025

Job ID:111041

Leonardo DRS is a prime contractor, leading technology innovator and supplier of integrated products, services and support to military forces, intelligence agencies and defense contractors worldwide. The company specializes in naval and maritime systems, ground combat mission command and network computing, global satellite communications and network infrastructure, avionics systems, and intelligence and security solutions. Additionally, the company builds power systems and electro-optical/infrared systems for a wide range of commercial customers. Headquartered in Arlington, Virginia, Leonardo DRS is a wholly owned subsidiary of Leonardo S.p.A.For additional information on DRS, please visit our website at www.leonardodrs.com

Job Summary

Leonardo DRS is looking for a Senior Benefits Analyst to be primarily responsible for our retirement program and company-wide financial education initiative. This position provides operational and analytical support and oversight of the 401(k) plan, legacy defined benefit pension plans and non-qualified benefits, and will also support the growing health, welfare and voluntary programs. The Senior Benefits Analyst role will also participate in due diligence activities for acquisitions and divestitures, program implementations and complex projects beyond the retirement scope.

Job Responsibilities

* Manage the vendor relationship with benefit partners to include monitoring of contractual service levels, plan administration and annual vendor work plan
* Oversee the annual 401(k) non-discrimination testing to include preparation of the data, review of the results and follow-through on resolution of any required actions
* Respond to internal and external auditor requests, SOX audits, review vendor SOC1 reporting; liaison with process owners, internal auditors, external auditors, and other stakeholders; prepare and present results of audit work performed, findings and remediation recommendations/action plans
* Develop presentation materials to present ideas and solutions to a wide range of constituencies
* Participate in vendor reviews and identify opportunities for enhancements in operational efficiency, overall process effectiveness, and potential benefits to the company
* Lead the company-wide financial education and financial wellness program to educate employees to maximize the company-provided retirement benefits and leverage resources from our 401(k) recordkeeper.
* Participate in confidential and complex assignments, such as due diligence and benefits transitions for acquisitions and divestitures, vendor changes and new program implementations

Qualifications
  • Bachelor's degree is required with minimum of 5 years of experience in benefits administration.
  • Strong leadership and excellent interpersonal and oral communication skills with the ability to present ideas and solutions in a clear and concise manner is a must
  • Knowledge of ERISA, IRS 5500 filings, Department of Labor regulations, and USERRA
  • Familiar with benefits-related laws, regulations, principles, methods and techniques
  • Excellent logical and analytical skills are desirable as this position relies on experience and judgment to plan and accomplish goals
  • Ability to manage multiple programs and meet numerous deadlines is required to perform a variety of complicated tasks
  • Independent with creative thinking and problem-solving abilities, a strong mathematics background, high attention to detail and accuracy, and an ability to interact with external consultants and legal counsel, as well as all levels of management
  • Ability to develop strategy and present creative, cost-effective and efficient solutions in response to corporate and business unit needs
  • Ability to make administrative/procedural decisions and judgments
  • Knowledge of human resources information system compatible reporting programs is essential
  • Experience in reading plan documents and simplifying complex plan provisions into simpler and easier content for participant comprehension
  • Ability to maintain a high level of objectivity and independence

Preferred Qualifications:

  • Certified Employee Benefits Specialist (CEBS) and/or Certified Benefits Professional (CBP)

Taking care of our people is a top priority at Leonardo DRS. We are proud to offer competitive salaries and comprehensive benefits, including medical, dental, and vision coverage, a company contribution to a health savings account, telemedicine, life and disability insurance, legal insurance, and a 401(k) savings plan. We champion wellness programs that focus on physical, emotional, and financial well-being. We develop our talent by offering programs and activities to support career-growth, professional development, and skill enhancement. And we understand there is more to life than work, and the importance of offering flexible work schedules with our 9/80 program, competitive vacation, health/emergency leave, paid parental leave, and community service hours.
*Some employees are eligible for limited benefits only

Leonardo DRS, Inc. and its subsidiaries and affiliates are equal opportunity employers and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law. #corp

 

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