Senior - Retirement and Benefits Analyst

Bread Financial•Columbus, OH

About The Position

The Senior Retirement and Benefits Analyst provides comprehensive analysis and oversight of employee retirement and voluntary benefit programs, assessing plan performance, compliance, utilization, and cost-effectiveness. The analyst develops and presents reporting on savings patterns, retirement concerns, and benefit trends and utilization, translating data into insights and recommendations for the organization’s financial well-being strategy and plan design. The role recommends policy and program enhancements, researches market trends, partners with vendors to negotiate terms and implement changes, and ensures compliance with applicable regulations. It also coordinates annual benefit plan audits, prepares supporting documentation, and collaborates with internal and external stakeholders. The position supports benefits-related inquiries with accurate financial information and guidance. The work environment is a normal office environment and may be remote or hybrid; associates within 60 miles of a posted Bread Financial location are expected to work in office 3 to 4 days per month. Travel may be required up to 10% annually.

Requirements

High school diploma or GED.
5–8 years of experience in benefits analysis and management.
5–8 years of senior-level experience managing complex benefits programs.
Proficiency with Microsoft Excel, including Pivot Tables and data analysis; Microsoft Word templates; Microsoft PowerPoint; and Adobe.
Accounting and finance skills; detail orientation; deadline adherence; ability to prepare reports and deliver online and meeting presentations.
Ability to communicate, hear, talk, sit or remain stationary, type or write, and maintain focus in a high-pressure or fast-paced work environment.
Must be authorized to work in the United States full time without current or future sponsorship.

Nice To Haves

Bachelor’s degree in Human Resources or Organizational Management.
5–8 years of experience giving presentations and exemplary public speaking skills.

Responsibilities

Analyze and evaluate employee benefits programs against financial readiness detail to ensure effectiveness, compliance, and cost-effectiveness (30%).
Develop recommendations for policy adjustments that enhance plan designs while adhering to regulations (20%).
Research market trends for new products and collaborate with vendors to negotiate terms and implement benefit program changes (15%).
Prepare and present detailed reports on benefit effectiveness metrics to stakeholders, including investment committee members (10%).
Assist in creating and implementing new benefits programs to meet organizational needs and align with company pillars (10%).
Facilitate the annual DC plan audit and conduct an initial quality review of annual 11-K and 5500 filings (10%).
Support benefits-related inquiries by providing accurate financial information and guidance to facilitate effective program use across organizational pay ranges (5%).

Benefits

Medical and prescription drug coverage, dental insurance, and vision insurance for eligible associates and dependents.
Other voluntary benefits, including basic and optional life insurance, supplemental medical plans, and short- and long-term disability coverage.
Six weeks of 100% paid parental leave for eligible parents after a 180-day waiting period.
401(k) plan with immediate enrollment eligibility.
11 paid holidays.
Flexible Time Off (FTO) program.
Paid Sick and Safe Time; Illinois associates also receive Illinois Paid Leave.
Opportunity to purchase company stock during offering periods in June and December.
Annual incentive bonus based on individual and company performance.
Career development opportunities.