Sr. Benefits Analyst, Retirement Plans - (req73007)

Sr. Benefits Analyst, Retirement Plans Work Mode: Onsite Location: Onsite, four days per week – Kohler, WI Opportunity Reporting to the Director of US Benefits, the Sr. Employee Benefits Analyst – Retirement Plans is a key member of the Kohler Co. Global Benefits Center of Expertise (COE), who supports the administration, accuracy and compliance of the Company’s qualified and nonqualified pension, 401(k) savings and nonqualified deferred compensation plans, and other related special projects. This requires working knowledge of defined benefit pension plan and savings plan documents, compliance requirements, processes and procedures, and administration systems. The position also actively participates within the larger Global Benefits team to assist in meeting goals and objectives. This includes open communications at all levels, providing feedback, and presenting new ideas for improving the Global Benefits COE. Specific Responsibilities Serve as a subject matter expert and Center of Expertise team member on mattersassociatedwith theCompany’sretirementplans. Ensure accuracy of pension calculations and estimates in accordance with legal plan documents for associates. Oversee the completeness, accuracy, and issuance of the applicable documents to be completed by the associate in order to claim benefits. Educate associates and HR Business Partners on plan provisions and administrative processes. Ensure timeliness and compliance of the review and approval of Qualified Domestic Relations Orders (QDROs). Document and maintain internal impact to retirement benefits as appropriate. Actively maintain files related to the pension and savings plan administration, includingparticipantcorrespondence within the internal case management system. Manage and maintain the co-sourced pensionplanadministrationsystem including updates to demographic logic, annual system updates, and accurate calculations. Develop and maintain comprehensive operationalpension procedures and plan documentation.This involves ongoing review ofexisting procedures and identification of operational enhancements. Oversee the accurate maintenance of participant level plan data. Manage the coordination and completion of monthly and annual pension administrationprocesses, including the preparationof informationfortheannualauditandgovernmentfilings. Manage external retirement plan partners, including third party administrators, attorneys, actuaries and auditors. Ensure their accurate and timely administration as well as uphold any service level agreements between the Company and our external partners. Set the annual retirement plan communication strategy including the development, productionanddistributionofretirementplancommunications. Maintain legal plan documentation including annual regulatory updates as well as plan changes as applicable. Manage associate level educational information and the accurate access for each location and class of associate. Oversee plan administration (including internal partners such as GSS) to ensure timeliness, accuracy, and compliance of participant enrollments, contributions, and distributions of the Company’s qualified and non-qualified retirement plans. Manage annual enrollment process for Deferred Compensation plans. Develop and analyze plan and participant level reporting information in order to identify trends or inaccuracies. Coordinate with HRIS and Payroll to identify and test changes in programming of Company’s HCM in relation to retirement plan eligibility and data feeds. Interact with internal departments and stakeholders to enable the coordinated financial management of the Company’s retirement plans. Serve as the department lead on retirement plan annual and ad hoc projects. Other duties and responsibilities as assigned. Skills/Requirements Bachelor’s degree with a preferred focus in math, business administration, accounting, finance, or related field preferred. 3+ years of benefits administration experience, including a minimum of 3 years of experience with defined benefit retirement plans. Familiar with compliance and reporting requirements applicable to defined benefit qualified and nonqualified pension, 401(k) and nonqualified deferred compensation plans. Established track record of developing and implementing project plans and administrative processes. Proficiency with pension administration/participant database systems. Experiencedatcommunicatingtechnicalpensionand401(k)topics withplanparticipants. Key Competencies & Skills Wellorganizedanddetailedoriented;focus onaccuracyis critical. Solid team player with excellent communication and interpersonal competencies,who can work collaboratively, and effectively influence and negotiate with all levels of staffandmanagement. Self-starter who is able to work in a fast-paced environment, remain flexible, setpriorities,workindependentlyandcompletemultipleprojectswithinestablisheddeadlines. Strongwrittenandverbalcommunicationskills. Ability to communicate with all levels of associates on moderate and high complexity benefit plan questions. Strong quantitative, analytical and problem-solving skills, with the proven ability to diagnose and resolve issues. Highly energetic and results oriented, committed to high standards of performance andcontinuous improvement. AdvancedMicrosoftOfficeskillswith high proficiencyinExcel. #LI-CM2 #LI-onsite Why Choose Kohler? We empower each associate to #BecomeMoreAtKohler with a competitive total rewards package to support your health and wellbeing, access to career growth and development opportunities, a diverse and inclusive workplace, and a strong culture of innovation. With more than 30,000 bold leaders across the globe, we’re driving meaningful change in our mission to help people live gracious, healthy, and sustainable lives. About Us It is Kohler’s policy to recruit, hire, and promote qualified applicants without regard to race, creed, religion, age, sex, sexual orientation, gender identity or expression, marital status, national origin, disability or status as a protected veteran. If, as an individual with a disability, you need reasonable accommodation during the recruitment process, please contact View email address on click.appcast.io. Kohler Co. is an equal opportunity/affirmative action employer. Applicants must be authorized to work in the US without requiring sponsorship now or in the future. We believe in supporting you from the moment you join us, which is why Kohler offers day 1 benefits. This means you’ll have access to your applicable benefit programs from your first day on the job, with no waiting period.The salary range for this position is $83,550 - $127,550. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate’s experience, their education, and the work location. In addition, this position is eligible for a performance bonus/variable incentive compensation. #J-18808-Ljbffr Sterling Kohler