Senior Benefits Analyst

William Blair • Chicago, IL

314d • $92,500 - $120,000

About The Position

William Blair is searching for a Senior Benefit Analyst to join our dynamic team. This role requires working on-site two days a week at our Chicago office. We are looking for an experienced, data-driven Senior Benefits Analyst to help manage our retirement programs as well as partner on compliance analysis and reporting for our health & welfare plans. You will ensure compliance with plan rules, funding, legislative requirements, and internal practices in the US and other William Blair global locations.

Requirements

• Bachelor's degree in Human Resources, Business or related field.
• 5+ years of experience administering 401(K) retirement programs, benefits administration and analysis, preferably with a US-based multinational company.
• Strong mathematical, analytical, statistical, and reporting skills to review and evaluate financial data and legal documents.
• Proficiency in Excel, including pivot tables, basic calculations, VLOOKUPs, and managing multiple data sets.
• Ability to learn quickly and apply knowledge to problem-solving.
• Self-motivated; works well independently and in a collaborative team environment.
• Knowledge of various HRIS systems is a plus, with a strong preference for Workday.
• Exposure to difficult or complex projects while managing multiple priorities.

Responsibilities

• Stay updated on regulatory changes and help transition into the future seamlessly.
• Administer all aspects of the US DC and DB retirement plans, including audits, compliance, and employee inquiries.
• Apply legislation and regulations when preparing, analyzing, and interpreting plan documents and related materials including audits and annual filings.
• Identify operational errors, support audit reports, present findings to leadership, and develop corrective action strategies.
• Administer the annual DC and DB retirement plans audit, partnering with auditors, finance, payroll, HRIS, and vendors to ensure accurate completion in the appropriate timelines.
• Help develop and edit employee, partner and committee communications including presentation materials, company intranet and company-wide communications with respect to retirement and benefit plans.
• Oversee the timeline and implementation project plan of new retirement/pension benefits programs and new vendors including the communications, technology, and process documentation of the new service delivery.
• Proactively identify problems, trends, and solutions to reduce escalations or issues.
• Ensure compliance with federal, state, and local regulations (e.g., DOL, ERISA, IRS, GDPR) to meet legal requirements and file necessary reports.
• Partner with vendors, brokers, and cross-functional teams, including Payroll, HRIS, and Finance.
• Support the preparation and filing of required benefits-related reports, such as Form 5500 and PBGC filings.

Benefits

• Medical, dental and vision coverage
• Employer paid short & long-term disability and life insurance
• 401(k)
• Profit sharing
• Paid time off
• Maven family & fertility benefit
• Parental leave (including adoption, surrogacy, and foster placement)
• Other voluntary benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree