Senior Benefits Specialist, Retirement

Location
Washington, DC
Posted
Jul 19, 2021
Closes
Aug 09, 2021
Ref
JR-90272382
Hours
Full Time
Job Description

The Washington Post is hiring for a Senior Benefits Specialist to own and administer our pension and 401(k) retirement plans. As part of the Total Rewards & Global Mobility team, you will be at the forefront of helping our employees maximize their retirement and financial wellness benefits. You will work closely with key stakeholders to ensure proper plan management for domestic and international retirement plans. The ideal candidate will be able to quickly learn our plans inside out, while keeping a keen eye out for inefficiencies and opportunities for process improvement. This role reports to the Director, Total Rewards.

Alignment:
  • You are a mid-career professional with deep expertise in pension and 401(k) plan administration.
  • You have tools and resources to monitor changes in the regulatory environment and know when to involve an ERISA counsel to ensure company's compliance with current regulations.
  • You are obsessed with excellent customer services, can explain complex concepts to non-technical audiences, and enjoy helping employees maximize their benefits.
  • You are exceptionally organized and thorough, yet capable of moving quickly, managing several projects at the same time and meeting deadlines.
  • You enjoy working with data, reconciling large and complex data sets, and finding "a needle in a haystack" to get to the root of the problem.
  • You have a proven track record of managing vendors and third-party administrators to enhance delivery of benefits and resolve employee issues.
  • You constantly reengineer your day-to-day processes to increase speed, efficiency, and effectiveness.
  • You are willing to expand your knowledge base and support Post's international expansion by collaborating on mandatory and voluntary retirement plans in other countries.


Major Responsibilities:
  • Ensure compliance with federal, state, and local legal requirements, as well as collectively bargained agreements, by monitoring regulatory changes, obtaining legal opinions, preparing and submitting government filings, coordinating plan amendments, and distributing legally required notices.
  • Lead retirement committee meetings by preparing agenda, reporting on the results of internal audits, executing action items from previous meetings, and distributing meeting notes.
  • Deliver excellent customer service and resolve employee benefits-related issues by coordinating pension estimates and calculations, verifying monthly pension payments, researching benefit policies and procedures.
  • Enhance data accuracy in applicable systems and integrations by performing internal audits and resolving data discrepancies.
  • Coordinate with actuaries, plan administrators, auditors, and accountants to provide accurate data for administration of benefits.
  • Educate employees about retirement programs by developing financial wellness initiatives, creating communication materials, and updating the retirement section on the company intranet.
  • Support management decision making by preparing benefits utilization reports, analyzing trends, recommending plan design enhancements, process changes, and wellness initiatives.
  • Execute plan design changes by coordinating with the HRIS and Integrations teams, vendors, and third-party administrators, thoroughly testing system changes, and communicating changes to the employees.
  • Complete payments to benefit providers by reconciling employee and vendor reports, submitting invoices, and resolving billing issues.


Experience and Qualifications
  • Bachelor's' degree in Human Resources, Business Administration, Economics, Finance or related field
  • 7 years' experience in retirement, insurance benefits, financial planning, or actuarial services required
  • Knowledge of ERISA and IRS regulations
  • Excellent customer service, communication, and presentation skills
  • Strong Excel and data manipulation skills; experience with Workday preferred
  • High level of accuracy and attention to detail
  • Ability to read and understand complex plan documents
  • Ability to effectively prioritize competing tasks and manage multiple projects simultaneously
  • Ability to handle sensitive information and maintain a high level of confidentiality


The Post strives to provide its readers with high-quality, trustworthy news and information while constantly innovating. That mission is best served by a diverse, multi-generational workforce with varied life experiences and perspectives. All cultures and backgrounds are welcomed.

The innovation doesn't end in the Newsroom - dozens of teams power The Washington Post. We are now hiring the next innovator - how will you Impact Tomorrow?

#washpostlife

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