Job Posting

Job Posting: Senior Benefits Administrator – Phoenix Companies

Job Summary

Supports retirement and health & welfare benefit plan administration. Acts as liaison between plan vendors and human resources.

Duties and Responsibilities

  • Oversees data transmission and communicates data changes and payroll adjustments to vendors as needed.
  • Reconciles monthly retiree and active payroll process including proper funding and expense management. Processes
    all accounting transactions relating to health and welfare.
  • Coordinates non-discrimination testing requirements and needs with vendors; responds to and coordinates vendor requests for data. Coordinates annual valuation process with vendor and validates results as necessary.
  • Researches and responds to inquiries from active, terminated and retired employees, law department and auditors concerning benefit eligibility, plan provisions and benefit calculations.
  • Coordinates back office updates to vendor’s system for deferred compensation transactions.
  • Coordinates, communicates and administers annual open enrollment period for deferred compensation.
  • Acts as liaison between vendors and human resources.
  • Identifies, plans, and manages process improvement projects to improve processing performance.
  • Monitors compliance with Sarbanes-Oxley risk controls and insures proper controls are in place.
  • Manages outstanding items and insures proper resolution; takes proactive approach in managing plan administration.
  • Manages data feed changes for vendor systems, including testing and change management.
  • Runs gap analysis reports to ensure plans are being administered properly by benefit vendors.

Skills, Knowledge and/or Experience

  • Thorough knowledge of defined contribution, defined benefit plans and health & welfare plans. Knowledge of government regulation impacting said plans. Understands non-qualified retirement plan benefits.
  • Proficient in all MS Office products (i.e. Access, Excel, Word & PowerPoint)
  • Excellent mathematical aptitude and knowledge of general accounting principles.
  • Ability to communicate effectively – both verbally and written with employees and plan vendors.
  • Ability to effectively present in front of people.
  • Excellent organizational skills required with ability to multi-task as needed.
  • Ability to problem solve and use resources effectively.
  • Maintain confidentiality of all benefit plan and participant data

Interested individuals should apply through the Career Center on the Phoenix Companies website.