Senior Retirement Benefits Analyst
Job Description
Company Description
At Smiths we apply leading-edge technology to design, manufacture and deliver smarter engineering solutions for mission-critical applications, solving some of the world's toughest problems for our customers, our communities and our world. We are a FTSE100, global business of around 15,000 colleagues, based in 50 countries. Our solutions have a real impact on lives across the planet, enabling industry, improving healthcare, enhancing security, advancing connectivity, and supporting new homes. Our products and services are often critical to our customers’ operations, while our proprietary technology and high service levels help create competitive advantage. We welcome colleagues with a curious mind, who are happy with responsibility, enjoy a challenge and are attracted by the idea of working at a business with an almost 170-year history of innovation, and four global divisions, all experts in their field.
Job Description
Under general direction of the Head of Benefits, the Benefits Analyst works with the Benefits Team in North America to provide administrative support to human resources, payroll, and other representatives and employees on benefit matters including the separate benefits programs for each division across the United States and Canada. Incumbents have responsibility for providing carriers with all required data and reports as well as ensuring timely and accurate processing of invoices.
The Senior Retirement Benefits Analyst will also support employees with information on policies and procedures related to employee benefit programs. The Benefits Analyst also works closely with vendors and carriers to resolve non-forward-facing issues (i.e. carrier feeds) and employee issues.
What You Will Be Doing
- Collaborate with stakeholders to create and implement an ongoing, multi-channel benefits communication plan for clarity and engagement beyond annual enrollment.
- Administer retirement plans, social insurance, pre-tax accounts, paid leave, and financial well-being programs. Emphasis on administration and management of retirement benefit programes including 401(k), pensions plans, and deferred compensation.
- Collaborate with finance and legal teams to support annual plan audits, non-discrimination testing, and government filings (e.g., Form 5500).
- Work with third-party administrators (TPAs), recordkeepers, and investment advisors to maintain plan integrity and performance.
- Ensure accurate, secure, and timely benefits data transmission, correct payroll deductions, and monitor employee status changes
- Manage vendor relationships, oversee service agreements, and drive program improvements through meetings, reviews, and project management.
- Plan and attend 401(k) and pension administrative committee meetings
- Manage compliance with regulations such as IRC, ERISA, HIPAA, FMLA, SECURE 2.0, CAPSA, FSRA, and State Leave Laws, including reading, reviewing, recommending, and applying changes due to legislation affecting our benefit plans
- Complete annual regulatory activities with a high level of accuracy including required minimum distributions (RMDs), Form 5500, plan audits, nondiscrimination testing, compliance notices, plan documents, etc.
- Compile non-discrimination testing reports for benefit plans annually or as needed
- Gather data, prepare reports and support 401(k), pension and leave of absence audits involving enrollment and deduction information.
- Model company culture, delivering exceptional employee support with a focus on fairness and care. Recommend benefits improvements based on employee feedback and peer benchmark data.
- Ensure compliance with local retirement and social insurance regulations across US and Canada.
- Work with a continuous improvement mindset to optimize department operations, reduce errors, and enhance the delivery of our benefit programs.
Qualifications
- 5+ years in benefit administration role
- Associates degree in a business-related field
- Demonstrated knowledge of all relevant government regulations
- Ability to manage multiple projects at one time
- Discretion to maintain confidentiality regarding sensitive information.
- Visual acuity and ability to work at a computer.
- Knowledge of labor laws, including FMLA, ADA, and other relevant regulations
- Familiarity with group health and retirement benefits
Preferred
- Bachelor's Degree in Finance, Accounting, Business, Human Resources or related field
- 2 years payroll/HRIS configuration experience
- 2 years Multi -state leave admin experience
- 2 years Acquisition experience
Additional Information
Why Smiths?
- Be Part of Something Big: As we expand our footprint across North America, you’ll play a key role in building the teams that will define our future.
- Growth Opportunities: At Smiths, we believe in your growth as much as our own. You’ll have the chance to shape your career and expand your leadership capabilities in an ever-evolving global landscape.
- Collaborative Culture: Join a diverse, collaborative team where innovation and fresh ideas are encouraged.
- Work-Life Balance: Enjoy flexible working arrangements and a supportive work environment.
We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.
At no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation – including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career’s website (Careers - Smiths Group plc)
Company Information
Location: London, Greater London, United Kingdom
Type: Hybrid