The Seattle Department of Human Resources (SDHR) is seeking qualified candidates for a Senior Deferred Compensation Analyst position. You will be part of a small but dynamic unit that is responsible for the daily administration activities for the
City of Seattle's 457(b) Deferred Compensation Plan. On a regular basis, you will interpret laws, rules, regulations, and policies and procedures for management, Human Resources Benefit Representatives, employees, beneficiaries, retirees, Trust
Committee members, and the Plan's contracted providers.
You will support the Deferred Compensation Trust Committee and the Deferred Compensation Manager in disseminating preparatory materials and if needed, documenting deliberations and
decisions. Work on a marketing strategy with the Deferred Compensation Manager to engage and empower participants to better understand the mechanics and options of the plan. Assist in managing vendor performance against promised contractual services.
Review domestic relations orders, subpoenas, unforeseeable emergency withdrawals, and review death and beneficiary claims absent a beneficiary election. Perform 457(b) related calculations, process manual transactions, resolve payroll and leave related
issues, and assist with the analysis and reporting of potential defaulted loans. Collaborate with Benefits, Payroll, and HRIS staff on implementing and communicating changes to deferral, loan payments and similar process as needed and required by
What You Need:
You will be successful if you feel passionate about:
Helping employees understand the importance of retirement savings
Improving administrative processes and identifying
opportunities that make a significant impact
Solving complex problems creatively and legally
Your effectiveness in this role will depend on your ability to:
Deal tactfully, courteously and effectively with a variety
Communicate effectively orally and in writing
Ability to understand and apply oral and written instructions
Work independently as well as part of a team
Work in a fast-paced environment
multitask and produce quality output
You will feel prepared to take on this role if you have experience in:
457, 401(k), or other voluntary retirement savings programs
Responding to employee benefit emails and phone
Presenting information to small and large audiences
Researching technical and/or historical documents
Interpreting rules, regulations, policies and procedures
Drafting policy/procedure recommendations for
management review and approval
Creating ad hoc reports to support internal and external customer requests
Participating in the development, implementation and communication
Education: A baccalaureate degree in human resource management, business or public administration, social sciences, or a related field.
Three or more years of experience in professional personnel administration (or a combination of education, training, or experience which provides an equivalent background required to perform the work of the class).
Experience with administration of deferred compensation plans.
Strong customer service skills with the ability to deal tactfully, courteously and effectively with vendors and plan participants
ability to build and maintain positive employee and vendor relationships.
Ability to understand and apply oral and written instructions.
Proven professional judgment determining eligibility, resolving conflicts, and providing
assistance to employees and retirees
Strong Microsoft Word, Excel and Access experience.
Experience conducting or facilitating presentations