Senior Benefit Analyst Retirement Plans (hybrid NYC & NJ)

Broadridge•New York, NY

2d•$90,000 - $110,000•Hybrid

About The Position

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team. The Senior Benefits Analyst supports the Broadridge Benefits team in the delivery and administration of qualified and non-qualified retirement benefits. This role acts as a subject matter expert responsible for providing guidance and support to associates, managers, and HR partners, ensuring compliance, accuracy, and a high level of customer service. This role partners closely with HR, Legal, Finance, Payroll, and external vendors, and plays a critical role in plan governance, risk management, and continuous improvement of retirement benefits. Job Description Manage the complex administration of retirement plans, including 401(k), non‑qualified deferred compensation (NQDC) and executive retirement programs. Monitor and audit data interfaces between Broadridge systems and vendor partners to ensure data accuracy and integrity. Manage and resolve escalated participant issues by researching and coordinating with internal and external stakeholders to deliver timely solutions. Identifies and corrects issues and works with vendor partners to conduct root cause analysis. Review and reconcile deferral elections, plan contributions, employer match, forfeitures, distributions, vesting, and loan activity. Maintain and enhance standard operating procedures and process workflows; proactively identify and implement process improvements. Plays a crucial role in managing financial integrity using the vendor partner interfaces, reporting tools and data analysis skills to monitor plans and complete audits to ensure accuracy and improve plan efficiency. Ensure compliance adherence to ERISA, IRS, Department of Labor and IRC Section 409A regulations and applicable tax and reporting requirements. Completes and supports compliance activities such as Plan Testing, Form 5500 filings, SOX, standard audits, and federal and state regulations. Prepare reports for management and regulatory bodies including data preparation for benchmarking studies, market surveys, extraction of vendor reports and department reporting needs. Facilitates M&A benefit plan due diligence and related activities. Coordinate with external vendors and internal partners to deliver educational materials and programs to promote financial wellbeing and retirement readiness among plan participants. Contribute to departmental initiatives and projects, providing operational and project management support as needed. This includes strong cross-functional and back-up support within the benefits team. Act in the best interests of the plan’s participants and beneficiaries, adhering to fiduciary duties. Maintain an ongoing effort to stay current with benefit trends and legislative updates. Limited travel time (less than 5 % per year) as needed for open enrollment testing and vendor meetings.

Requirements

Strong analytical skills and attention to detail
Excellent communication skills with the ability to present to senior leaders and executives.
Ability to prioritize and manage multiple competing priorities
Advanced knowledge of retirement plan regulations and financial products
Strong understanding of 401(k) plan design, compliance testing, audits, and fiduciary responsibilities.
Advanced Excel and reporting skills; experience with HRIS (workday), payroll (Globalview), and recordkeeping (Fidelity PSW) platforms preferred.
High degree of discretion and integrity when handling confidential information.
Bachelor’s degree in finance, Accounting, Human Resources, Business, or related field.
5+ years of progressive experience in corporate retirement plan administration, including both qualified retirement plans and non‑qualified deferred compensation plans in a corporate HR environment.
Prior experience with mergers and acquisitions

Nice To Haves

Additional benefit and leaves of absence experience highly preferred.

Responsibilities

Manage the complex administration of retirement plans, including 401(k), non‑qualified deferred compensation (NQDC) and executive retirement programs.
Monitor and audit data interfaces between Broadridge systems and vendor partners to ensure data accuracy and integrity.
Manage and resolve escalated participant issues by researching and coordinating with internal and external stakeholders to deliver timely solutions.
Identifies and corrects issues and works with vendor partners to conduct root cause analysis.
Review and reconcile deferral elections, plan contributions, employer match, forfeitures, distributions, vesting, and loan activity.
Maintain and enhance standard operating procedures and process workflows; proactively identify and implement process improvements.
Plays a crucial role in managing financial integrity using the vendor partner interfaces, reporting tools and data analysis skills to monitor plans and complete audits to ensure accuracy and improve plan efficiency.
Ensure compliance adherence to ERISA, IRS, Department of Labor and IRC Section 409A regulations and applicable tax and reporting requirements.
Completes and supports compliance activities such as Plan Testing, Form 5500 filings, SOX, standard audits, and federal and state regulations.
Prepare reports for management and regulatory bodies including data preparation for benchmarking studies, market surveys, extraction of vendor reports and department reporting needs.
Facilitates M&A benefit plan due diligence and related activities.
Coordinate with external vendors and internal partners to deliver educational materials and programs to promote financial wellbeing and retirement readiness among plan participants.
Contribute to departmental initiatives and projects, providing operational and project management support as needed. This includes strong cross-functional and back-up support within the benefits team.
Act in the best interests of the plan’s participants and beneficiaries, adhering to fiduciary duties.
Maintain an ongoing effort to stay current with benefit trends and legislative updates.
Limited travel time (less than 5 % per year) as needed for open enrollment testing and vendor meetings.