5 days old
2018-04-172018-05-17

Benefits Administrator, Retirement

The George Washington University
Ashburn, Virginia 20147
  • Job Type
    Employee
  • Job Status
    Full Time


Benefits is responsible for administering the university’s benefit programs, including health and welfare, retirement and tuition remission benefits. Benefits Administration also conducts employee benefit orientation, education, and enrollment of all programs for new employees to GW.

Job responsibilities include:
Lead retirement program (includes retirement savings plans and retiree benefit program) activities, processes and projects

Conduct annual audits, True Up and Non-discrimination testing in addition to ensuring all plans are administered in accordance with the plan documents and in compliance with all applicable legal and regulatory requirements.

Responsible for maintaining data integrity of retirement savings and retiree benefit programs. Partner with Payroll to ensure proper retirement plan processing, required adjustments.

Support Benefits Accountant by responding to retirement plan audit inquiries, supporting preparation of retirement plan financial statements, Forms 5500 and data gathering for post retiree benefit valuations.
Responds to retirement plan and retiree benefit related inquiries from vendors and HR/Benefit professionals and faculty/staff timely.

Works closely with the Faculty/Staff Service Center on operational procedures related to plan administration and other inquiries
Maintain Plan Documents and SPDS, works with external/internal counsel as needed to resolve legal and compliance issues
Manage annual compliance notices. Manages vendor and consultant relationships, in addition work with vendors to establish service level agreements and monitor performance to university and plan participants.

Develops reporting surrounding retirement plan enrollment statistics
Serve as staff to the Retirement Plan Investment Review Committee, responsible for setting meeting agendas, tracking tasks outlined in the RPIC charter, support RPIC members in gathering data to support the overall long-term retirement plan strategy

Responsible for developing and maintaining process workflows
Maintains retirement plan and retiree benefit files and contracts as applicable
Prepares, coordinates, delivers and distributes retirement plan and retiree benefit communications in conjunction with Benefits Communication Specialist.

Conducts effective needs-based, one-on-one consultations.
Meet with Retirement Plan participants and those thinking about retirement to review Plan features, retirement planning, retiree benefit offerings and other financial wellness topics as needed.

Performs other related duties as assigned. The omission of specific duties does not preclude the supervisor from assigning duties that are logically related to the position.

Requirements

Minimum Qualifications

Qualified candidates will hold a Bachelor’s degree in an appropriate area of specialization plus 5 years of relevant professional experience, or, a Master’s degree or higher in a relevant area of study plus 3 years of relevant professional experience. Degree must be conferred by the start date of the position. Degree requirements may be substituted with an equivalent combination of education, training and experience.

Preferred Qualifications

Strong computer skills including: Word, Excel, PowerPoint
Strong analytical and client service skills
Attention to detail with a demonstrated commitment to excellence and performance improvement and the drive to deliver quality and value-added results and outcomes;
A professional presence and strong interpersonal skills for interacting in a courteous, timely, and diplomatic manner.

Customer focus, which demonstrates proactive, responsive services;
Must have excellent communication skills, both written and verbal
Ability to work effectively and collaboratively with multiple levels of management within the organization
Ability to effectively multi-task and work in a fast-paced environment with a high degree of accuracy and confidentiality with an appropriate sense of urgency.

Must be able to adapt to a constantly changing environment and be deadline driven
Ability to establish priorities and coordinate work activities
Ability to assess situations and information, think creatively, devise better ways of doing things and/or innovative solutions, and make good judgments in the execution of job responsibilities;
Knowledge and understanding of federal regulations as they apply to benefits programs and processes, as well as related to applicable state laws, along with the ability to apply that knowledge effectively to ensure compliance.

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The university is an Equal Employment Opportunity/Affirmative Action employer that does not unlawfully discriminate in any of its programs or activities on the basis of race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity or expression, or on any other basis prohibited by applicable law.


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Benefits Administrator, Retirement

The George Washington University
Ashburn, Virginia 20147

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The George Washington University
Ashburn, Virginia

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