Senior Benefits Analyst

The Nielsen Company•New York, NY

About The Position

The Benefits Analyst II plays a crucial part in delivering best-in-class benefits offerings specifically in Retirement and Pension Administration, that suit the needs of our people and meet them wherever they are in their health & well-being journey. This role reports directly to the Senior Manager, Global Benefits. Desired location within 30 miles of NYC.

Requirements

4+ years of experience working with employee benefits, specifically 401K and retirement plan administration
Strong foundational understanding of 401(k) and retirement program administration including auditing and Non-discrimination testing (NDT) and health benefit plan principles and compliance requirements
Well-developed customer and relationship management skills, including credibility and influencing skills; strong customer service orientation
Excellent written, verbal, listening capabilities and attention to detail; proactive approach to communication
Demonstrated ability to thrive in a rapidly growing, fast-changing, highly collaborative environment alongside experience working in a matrix environment
Ability to effectively lead prioritization of workload and meet deadlines through project management
Process driven and methodical in approach to implementing programs & solutions
Intermediate level expertise in Google Tools (Sheets, Docs, Slides) & Microsoft Office (specifically, Microsoft Excel)
Experience working in Fidelity Plan Sponsor Workstation (PSW), preferred; experience working with retirement plan administration systems required
Experience working with SAP & ARIBA tools
Bachelor's degree in Business, Human Resources or related field

Nice To Haves

Experience working in Fidelity Plan Sponsor Workstation (PSW), preferred

Responsibilities

Support the administration of company health and welfare plans including medical, dental, vision, life/disability, health savings and spending accounts, educational reimbursement and 401K/retirement plans
Ensure all benefit programs (health, dental, vision, retirement, etc.) comply with federal and state regulations (e.g., ERISA, COBRA, FMLA) including support of annual nondiscrimination and compliance testing
Administer 401(k) and pension plans in compliance with plan documents and federal/state laws
Reconcile plan assets and contributions; support plan audits, addressing findings and resolving discrepancies
Partner with vendors, auditors, and internal teams to ensure accurate reporting, audits, valuations, and special projects
Provide exceptional support to employees regarding benefit & retirement program inquiries, ensuring their needs are met and questions are answered promptly
Conduct research and provide recommendations regarding escalated benefits & retirement matters involving internal and external partners
Assist in preparation of reports related to benefit plans, ensuring compliance with legal and regulatory requirements
Assist in tracking benefit costs, preparing benefit cost analysis, and summarizing employee benefits data
Conduct research and troubleshoot matters pertaining to invoicing and invoice reconciliation
Maintain and develop relationships with internal partners, third party administrators and external vendors
Identifies opportunities for operational improvements and collaborates with cross-functional teams to implement changes effectively
Assist with matters pertaining to global retirement plans
Maintain retirement plan records and files
Assist in special projects pertaining to US Benefits programs