Retirement Analyst

Job Title: Retirement Analyst

Start Date: ASAP


Duration: 3 to start (extension possible)


Location: Parsippany, NJ


Hours/Week: 40/week

Interview Process

1. 30 mins with HM
2. Panel Style

Job Description


Job Summary


We are seeking an experienced and detail-oriented Retirement Analyst to join our team. The ideal teammate has a strong financial background with proven experience analyzing and interpreting large datasets to join our team. This role involves providing in-depth financial analysis, optimizing retirement plan audits, and ensuring compliance with relevant regulations.

Essential Duties

• Audit weekly payroll 401k deferral files against contribution files sent to the third-party administrator
• Audit Pension census data
• Resolve participant inquiries from 401k and Pension third party administrators
• Analyze retirement plan spend for financial forecasts

External Partner Management:
• Oversee Pension, 401k and Deferred Compensation third party administrators.
• Coordinate the quarterly Pension and Investment Committee Meetings.


Reporting & Documentation:
• Review distribution reports and funding data to ensure accuracy and compliance.
• Review all Payroll deferrals and distributions for accuracy and timely funding to the appropriate plans.

Retirement Projections & Forecasting:
• Utilize actuarial tools and modeling to develop and analyze retirement projections, forecasts, and funding strategies.
• Leverage external actuarial and administrator partners to assess plan health and advise on strategies to optimize funding and sustainability.

Plan Administration:
• Support the administration of the retirement plans including plan changes.
• Leverage the administrative support of the HR Operations Shared Service team to optimize the employee experience including participant communications, training, and integration with payroll and other systems.

Risk Management & Issue Resolution:
• Identify potential risks and issues related to plan administration. Proactively resolve issues, escalating when necessary, and providing recommendations to mitigate future risks.

Employee Education & Communication:
• Advise on content for employee workshops, presentations, and one-on-one consultations to educate plan participants on retirement benefits, investment options, and plan changes.


Qualifications Required
• Bachelor's Degree in Finance, Accounting, Actuarial Science, Business, or related field. Required 5+ years of experience in retirement plan administration, pension consulting, or a related field. Ability to analyze complex data, identify trends, and provide actionable recommendations. Strong attention to detail and ability to manage multiple projects simultaneously
• Proficiency in retirement plan software, spreadsheets (Excel/Google Sheets), and actuarial modeling tools.
• Strong understanding of defined benefit and defined contribution plans.
• Knowledge of funding strategies and retirement plan regulations.
• Excellent verbal and written communication skills. Ability to present complex retirement concepts to clients and internal teams clearly and effectivelyIn-depth knowledge of retirement-related laws and regulations, including ERISA, IRS, DOL, and PBGC rules.

Qualifications Preferred
• Certifications: Enrolled Actuary (EA), Certified Pension Consultant (CPC), or similar certifications preferred.
• Strong interpersonal skills and ability to work collaboratively in a team-oriented environment.
• Ability to manage client expectations and navigate sensitive or complex issues.
• Experience working with pension and retirement plan stakeholders (e.g., actuaries, plan sponsors, trustees, legal advisors).
• Ability to adapt to changing regulations and organizational needs.
• Proven track record of driving improvements and efficiencies in retirement plan management.