Sr. Analyst, Total Rewards

Aon • Bannockburn, IL

71d • $85,000 - $100,000 • Hybrid

About The Position

Aon's HR Total Rewards team is hiring a Sr. Analyst to focus on 401(k) Plan Administration. This role can be located in the US near an Aon office, with the expectation to come into the office as needed. Aon is in the business of better decisions. At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team, and we are passionate about helping our colleagues and clients succeed.

Requirements

• Significant experience with 401(k) plan administration.
• Working knowledge of US retirement plan laws and regulations, with a solid understanding of EPCRS compliance requirements.
• Demonstrate financial acumen by understanding budgets, accruals, and performing bank account reconciliations for retirement plans.
• Conduct thorough research to identify, document, and resolve participant issues effectively.
• Leverage data mining techniques to analyze and interpret results for informed decision-making.
• Bring audit experience, including 5500 filings, SOX testing, and annual plan audits.
• CEBS and/or ASPPA Certification is a plus.

Responsibilities

• Manage daily operations and support the administration of retirement plans.
• Collaborate with third-party vendors to support plan administration and oversee payment processing.
• Address participant questions and assist with claims, appeals, audits, and legal requests.
• Investigate and resolve complex retirement benefit matters, applying plan provisions and maintaining documentation.
• Manage the Aon Savings Plan email inbox and coordinate communications.
• Perform reconciliations for retirement plans and monitor recordkeeping expenses.
• Conduct SOX compliance testing and user acceptance evaluations for applications and processes.
• Support benefits communications and related projects.
• Assist with project deliverables, monitor deadlines, and adapt to changing circumstances.

Benefits

• 401(k) savings plan with employer contributions.
• Employee stock purchase plan.
• Consideration for long-term incentive awards at Aon's discretion.
• Medical, dental and vision insurance.
• Various types of leaves of absence.
• Paid time off, including 12 paid holidays throughout the calendar year.
• 15 days of paid vacation per year.
• Paid sick leave as provided under state and local paid sick leave laws.
• Short-term disability and optional long-term disability.
• Health savings account.
• Health care and dependent care reimbursement accounts.
• Employee and dependent life insurance and supplemental life and AD&D insurance.
• Optional personal insurance policies.
• Adoption assistance.
• Tuition assistance.
• Commuter benefits.
• Employee assistance program that includes free counseling sessions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees