Senior - Retirement and Benefits Analyst
About The Position
The Senior Retirement and Benefits Analyst provides comprehensive analysis and oversight of employee retirement and voluntary benefit programs, evaluating plan performance, compliance, utilization, and cost-effectiveness. The role develops and presents detailed reporting on savings patterns, retirement concerns, and benefit trends and utilization, translating data into insights and recommendations that inform financial well-being strategy and plan design. The analyst recommends policy and program enhancements, partners with vendors to negotiate terms and implement benefit changes, ensures compliance with applicable regulations, and leads coordination of annual benefit plan audits, including preparing supporting documentation and collaborating with internal and external stakeholders. The position works in a normal office environment and may be remote or hybrid. Associates located within 60 miles of a posted Bread Financial location are expected to work in the office 3 to 4 days per month. Travel may be up to 10% annually. The role reports to a Senior Manager and above and has no direct reports.
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.
- Microsoft Excel, including Pivot Tables and Data Analysis.
- Microsoft Word templates, Microsoft PowerPoint, and Adobe.
- Accounting and finance skills.
- Detail-oriented, with deadline adherence.
- Online and meeting presentation skills.
- Ability to perform the essential job functions and meet the physical, mental, and work-environment requirements; reasonable accommodations may be available.
- Ability to travel up to 10% annually.
- 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 assess effectiveness, compliance, and cost-effectiveness.
- Recommend policy adjustments to enhance plan designs while adhering to regulations.
- Research market trends for new products and collaborate with vendors to negotiate terms and implement benefit program changes.
- Prepare and present detailed reports on benefit effectiveness metrics to stakeholders, including investment committee members.
- Assist in creating and implementing benefits programs that meet organizational needs and align with organizational pillars.
- Facilitate the annual DC plan audit and conduct an initial quality review of the annual 11-K filing and annual 5500 filings.
- Support benefits-related inquiries by providing accurate financial information and guidance to facilitate effective use of programs across organizational pay ranges.
Benefits
- Medical and prescription drug coverage.
- Dental insurance.
- Vision insurance.
- Basic and optional life insurance.
- Supplemental medical plans.
- 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 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.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
