Retirement Plans Specialist

Be a part of a revolutionary change!

At Philip Morris International (PMI), we’ve chosen to do something incredible. We’re totally transforming our business and building our future on one clear purpose – to deliver a smoke-free future.

With huge change, comes huge opportunity. So, if you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly different directions. Our success depends on people who are committed to our purpose and have an appetite for progress.

Our beautiful HQ in Stamford, CT is just steps away from the Stamford Metro-North Train Station and easily accessible from NYC.

The Retirement Benefits Specialist is responsible for administering retirement benefit plans for active and former employees. This role involves ensuring compliance with plan documents, relevant regulations, providing guidance to former employees, and working closely with P&C and finance teams to optimize retirement benefits programs. The ideal candidate will have a strong understanding of retirement plans, excellent communication skills, and a commitment to helping employees achieve their retirement goals.

Your ‘day to day’:

• Administer retirement benefit plans, including 401(k), pension, and other retirement savings programs.
• Provide guidance and support to employees regarding retirement plan options, enrollment, and benefits.
• Ensure compliance with federal, state, and local regulations related to retirement benefits.
• Collaborate with HR and finance teams to develop and implement retirement benefit strategies.
• Conduct regular audits of retirement plans to ensure accuracy and compliance.
• Prepare reports on retirement plan performance and employee participation.
• Stay updated on industry trends and changes in retirement benefits regulations.
• Assist in the development and delivery of retirement planning workshops and educational materials.
• Respond to employee inquiries and resolve issues related to retirement benefits.
• Reconcile 401(k) funding for the weekly, bi-weekly and Semi-monthly payrolls.
• Reconcile monthly Defined Benefit payments.
• Participate in Ad Hoc projects.
• Process fund changes within the designated plans.
• Resolve employee/retiree escalations as needed
• Support Annual Audit of all Retirement plans
• Assist with the Non-Qualified plan day-to-day administration

Who We’re Looking For:

• Minimum of 3-5 years of experience in retirement benefits administration or a related role.
• Certification in retirement benefits (e.g., Certified Employee Benefits Specialist (CEBS)) is preferred.
• Proficiency in HRIS and benefits administration software.
• Strong understanding of ERISA, IRS, and DOL regulations related to retirement plans.
• Excellent organizational and time management skills.
• Ability to handle sensitive and confidential information with discretion.

Annual Base Salary Range: $88,500-$118,000

What we offer

• We offer a competitive base salary, annual bonus (applicable based on level of position), great medical, dental and vision coverage, 401k with a generous company match, incredible wellness benefits, commuter benefits, pet insurance, generous PTO, and much more!
• We have implemented Smart Work, a hybrid model of working that promotes flexibility in the workplace.
• Seize the freedom to define your future and ours. We’ll empower you to take risks, experiment and explore.
• Be part of an inclusive, diverse culture where everyone’s contribution is respected; Collaborate with some of the world’s best people and feel like you belong.
• Pursue your ambitions and develop your skills with a global business – our staggering size and scale provides endless opportunities to progress.
• Take pride in delivering our promise to society: To improve the lives of millions of smokers.

PMI is an Equal Opportunity Employer.

PMI is headquartered in Stamford, Conn., and its U.S. affiliates have more than 2,300 employees.

PMI has been an entirely separate company from Altria and Philip Morris USA since 2008. PMI’s affiliates first entered the U.S. market following the company’s acquisition of Swedish Match in late 2022.

Philip Morris International and its U.S. affiliates are working to deliver a smoke-free future. Since 2008, PMI has invested $12.5 billion globally to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke with the goal of transitioning legal-age consumers who smoke to better alternatives. In 2022, PMI acquired Swedish Match – a leader in oral nicotine delivery – creating a global smoke-free champion led by the IQOS and ZYN brands. The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS electronically heated tobacco devices and Swedish Match’s General snus as Modified Risk Tobacco Products and renewal applications for these products are presently pending before the FDA. For more information, please visit www.pmi.com/us and www.pmiscience.com.