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Deferred Compensation Analyst, Sr.

City of Seattle

in Seattle, WA

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 law.

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 of people
  • 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
  • Ability to 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 calls
  • 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 materials

Qualifications

Education:
A baccalaureate degree in human resource management, business or public administration, social sciences, or a related field.

Experience:
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).

Desired Qualifications:

  • 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
  • Proven 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

How to Apply

For more information and to apply, please go to: http://bit.ly/2nldFEC

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This ad has been viewed 605 times. It expires on 5/23/2017.

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