Retirement Analyst I

Geico Insurance Chevy Chase , MD 20815

Posted 2 weeks ago

Reporting to the Director, Retirement & Financial Wellness, this position is primarily responsible for daily administration of GEICO's retirement plans and financial well-being programs. This role will oversee 401(k), pension, non-qualified and financial well-being programs. This candidate will serve as a member of the Total Rewards team and will work closely with internal groups (e.g., HR, Finance, Legal, Tax, Controllers, Procurement, Internal Communications) to deliver best-in-class Total Rewards programs and develop an overall strategy for financial well-being for our associates.

Responsibilities:

  • Coordinate with third party administrators, legal and internal parties to ensure the retirement plans are administered in accordance with plan documents and requirements.

  • Be responsible for the support of retirement plans related compliance testing and audits (IRS, Department of Labor and other internal and regulatory requirements).

  • Serve as a point of contact for escalated participant issues requiring specific and accurate retirement plan expertise, and ensure issues are resolved timely.

  • Maintain knowledge of plan processes and procedures, and identify opportunities for improvement.

  • Stay abreast of regulatory changes, routinely review plans to ensure compliance, and coordinate any needed communications and notices.

  • Assist in the analysis, data collection, and document review for major retirement plan events.

  • Complete necessary reconciliations as needed.

  • Act as a point of contact for technology and systems operations and issues that impact retirement plan administration.

  • Analyzes and manages data integrations, takes required actions.

  • Serve as subject matter expert for retirement plans for internal partners, HR and vendors.

  • Assist with other projects as required.

Qualifications

  • Bachelor's degree in human resources, business, or related area.

  • CEBS or ASPPA designations preferred or willingness to obtain.

  • 1+ years of experience working in the design and administration of multiple retirement and well-being programs.

  • Strong project management, process development and organizational skills with strong attention to detail.

  • Strong understanding of 401(k), pension and the deferred compensation plan administration.

  • Strong analytical and problem-solving skills; ability to perform detailed analysis of problems and identify resolutions; understands when and how to escalate issues to manage risk.

  • Ability to handle confidential information, work independently within broad guidelines and policies, exercise solid judgement and build business cases to support recommendations.

  • Results-oriented; successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards challenging goals and persists in the face of obstacles or setbacks while maintaining quality of work.

  • Working knowledge of federal, state, and local regulations and compliance requirements related to retirement plans (such as ERISA, Fiduciary responsibilities).

  • Strong written and oral communication, and presentation skills and the ability to deliver exceptional client service.

  • Able to thrive in both in office and/or virtual work environment where teams may be spread amongst multiple locations.

  • Strong interest in and knowledge of retirement, benefits, and financial well-being leading practices.

  • Advanced computer literacy: advanced knowledge of Microsoft Office package, especially Excel.

#LW-EW1

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

Benefits:

As an Associate, you'll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

  • Premier Medical, Dental and Vision Insurance with no waiting period

  • Paid Vacation, Sick and Parental Leave

  • 401(k) Plan

  • Tuition Reimbursement

  • Paid Training and Licensures

  • Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.

Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.

The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.

GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Retirement Analyst

Fidelity Investments

Posted 2 weeks ago

VIEW JOBS 5/12/2024 12:00:00 AM 2024-08-10T00:00 Job Description: Role Within Workplace Consulting's Center of Excellence (COE) organization, the Historical Calc Team Senior Retirement Analyst is responsibl Fidelity Investments Chicago IL

Retirement Analyst I

Geico Insurance