Sr. Benefits Analyst

We're looking for individuals capable of making sound decisions and demonstrating a high degree of trustworthiness in handling confidential and sensitive information. They should have clear and confident communication skills across multiple levels of the organization and externally.

Responsibilities

• Involved in day-to-day operations, administration, communications and compliance of the Federal Reserve’s qualified and non-qualified retirement plans, non-qualified deferred compensation plan and other executive programs.
• Assisting the broader Administration team with data analysis, interacting with plan participants, including actives/retirees, of the Federal Reserve Banks, the Board of Governors, and the Consumer Financial Protection Bureau.
• Overseeing the relationship and service performance of outsourced administrators and service providers for the Federal Reserve’s health and welfare benefits plans.
• Interacting with plan participants, including actives/retirees, of the Federal Reserve Banks and the Board of Governors, and HR and benefits colleagues across the Federal Reserve System.
• Accountable for generally low/medium complexity vendor management responsibilities for System-wide benefits programs.
• Researching and responding to inquiries from vendors, stakeholders, plan participants and Federal Reserve System partners like Payroll.
• Performing data analysis and process review to support the broader Administration and Benefits team to improve employee engagement, administration efficiency, mitigate risk, and support compliance.
• Developing presentations and training sessions for Reserve Bank partners.

Skills & Qualifications

• Effective interpersonal, written verbal communication skills

Experience

• Five years of experience required or equivalent years of experience.
• This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job.

Education

• Bachelor’s Degree or 4 years equivalent experience preferred

Why Join Us

• Our reputation precedes us
• There will always be room for personal growth
• Our people are first
• You’ll find the right balance
• Your responsibilities will be meaningful

Benefits

• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401K match, and a fully funded pension plan
• Paid vacation and holidays, flexible work environment
• Generously subsidized public transportation Education Assistance Program Professional development programs, training and conferences