Full Time Job
Benefits Analyst
Tegna
- Paid
- Full Time
- Mid (2-5 years) Experience
Job Description
The TEGNA Benefits/Employee Experience Team is looking for an analytical, detailoriented and employee-experience-centric Benefits Analyst. The Analyst will be primarily be responsible for the smooth and successful day-to-day operations of the retirement plans, including Pension, 401(k), Deferred Compensation Plan (DCP) and SERP, along with other benefits administration responsibilities, reporting to the Director, Employee Benefits.
The Analyst will work closely with Finance, Payroll, Legal, IT, the broader HR team and the external third party administrators (''TPAs'') (i.e., Fidelity and Wills Towers Watson) to ensure close collaboration and timely communications. The ideal candidate will be a team player and must have outstanding customer service and excellent communication/customer service skills. Additionally, we are looking for someone who can seek opportunities for increased efficiency in processes and perform the role with a high level of accuracy, taking pride in delivering high quality service in a timely manner.
Responsibilities:
• Be the subject matter expert regarding qualified and non-qualified retirement plans (401(k), Pension, DCP and SERP) and Health Savings Accounts (HSA). Serve as the key contact for the retirement plan vendors, actuaries, auditors, consultants and internal business partners.
• Collaborates with pension vendor to ensure timely and cost-efficient servicing for participants; act as a point of contact for escalated employee and retiree pension
questions.
• Provides timely communication to plan participants.
• Supports pension and 401(k) administration including (but not limited to): nondiscrimination testing, audit requests, legally required notifications, data collection
and maintenance, other compliance needs.
• Works with key stakeholders to ensure accurate and timely Payroll deductions, tax withholding, payment distributions and reporting of various transactions for all plans.
• Ensures data integrity in the third party administrator (TPA) systems through regularly auditing the data and evaluating the performance of system interface.
• Provides excellent customer service for inquiries regarding the plan designs, TPA account navigations, and paystubs.
• Manages relationship with TPAs, and monitors TPA system enhancements and changes to service levels.
• Works with internal and external auditors to ensure tight internal controls are followed for SOX compliance.
• Assist with preparation of annual proxy statement.
• Provides timely ad hoc reports to Finance, Payroll or HR upon request.
• This job description is intended to describe the general nature of the work, it is not all inclusive. All responsibilities are
considered to be essential functions of the job. The Company reserves the right to modify job descriptions as it deems
necessary to properly conduct business.
• Assists Legal with the execution of quarterly blackout and timely SEC reporting for Section 16.
• Administer the needs for Commuter benefit, Tuition Assistance and Relocation benefit programs as needed.
• Manage all benefit program invoicing/wire requests for retirement and health & welfare plans.
Identifies and recommends process improvements.
Job Requirements:
• Bachelor's Degree
• 3+ years of experience in retirement plan administration;Pension experience preferred
• Thorough knowledge of benefits regulations including Defined Benefit and Defined Contribution plans; Some stock administration for a public company preferred
• Knowledge of IRC 409A
• Knowledge of Section 16 SEC Filing
• Knowledge of ERISA
• Analytical and detail oriented, with the ability to locate resources and research and respond to questions timely
• Ability to work independently in a fast-paced environment. Ability to take initiative and prioritize to effectively manage deadline
• Technically savvy with use of current Microsoft Office tools
• Experience with Service Now HR case management system a plus
• Excellent interpersonal, written and oral communication skills with a strong focus on customer service; partnering/communicating with all levels of employees and
management
• Ability to identify problems and solve them through innovative solutions and sound judgment
• Extreme attention to detail
• Must adhere to confidentiality rules, requirements & guidelines.
Work Environment: Hybrid
Physical Demands: Sedentary work
Travel: Rarely: less than 10%
Work Environment Set: Office: normally performed in a typical interior/office environment
Physical Demands Set: Sedentary work: Involves sitting most of the time; walking, lifting, bending, standing, etc.
About TEGNA
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 64 television stations in 51 US markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of all television households nationwide. TEGNA also owns leading multicast networks True Crime Network and Quest. TEGNA Marketing Solutions (TMS) offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. For more information, visit
www.TEGNA.com
.
Privacy Notice for California Candidates
Jobcode: Reference SBJ-rbymmk-216-73-216-105-42 in your application.
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Company Profile
Tegna
TEGNA Inc. is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions.
