Retirement Benefit Analyst

| Centennial, CO, USA
Employer Provided Salary: 67,300-100,100 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

Position:
Retirement Benefit Analyst
Job Description:

Arrow is looking for a Retirement Benefits Analyst to join the Americas compensation and benefits team in our Centennial, CO location.
The Retirement Benefits Analyst is responsible for supporting the administration of Arrow's qualified and non-qualified retirement plans in the Americas region. This role will act as a subject matter expert with federal, state and local laws impacting retirement programs and will assist with compliance in all regulatory requirements, including government filings (eg. Form 5500), and satisfy internal and external audit requirements.
This position will follow a hybrid schedule of 3 days in our office (Tuesdays, Wednesdays, and Thursdays) based in Centennial CO and 2 days from home.
What You'll Be Doing:

  • Research, analyze, evaluate, and administer Arrow's qualified and non-qualified retirement plans, either internally or through a partnership with outsourced service provider, in accordance with company policies and procedures. Serve as backup for the administration of Arrow's Supplemental Executive Retirement Plan (SERP).
  • Review and audit employee and Arrow contributions from Payroll on a weekly basis. Collaborate with the payroll team to reconcile contributions and post funding to the recordkeeper for applicable plans on a scheduled basis. Audit retirement plan eligibility and participant data. Resolve discrepancies as needed.
  • Monitor and audit loan data to ensure adherence to terms and compliance with regulatory requirements.
  • Perform secondary reviews of additional calculations and system entries as needed.
  • Handle escalated retirement benefit inquiries in a timely manner.
  • Serve as a point of contact for plan audits, SOX compliance and SEC reporting; support the completion of IRS Form 5500 and other required notices and filings related to Arrow's retirement programs.
  • Serve as a liaison with plan recordkeepers, retirement committee, trustees to ensure plans are administered in accordance with plan documents, established procedures and government regulations.
  • Update Summary Plan Descriptions and applicable administrative process documents. Prepare and distribute plan participant communications as needed.
  • Interpret, review, and update plan policies and procedures to ensure standardization, legal compliance, and improved efficiency. Identify and implement process improvements in partnership with HR Technology, HRIS, Payroll, and service providers.
  • Lead special projects as needed (e.g., plan design updates, system conversions, enhancements, acquisitions).
  • May assist with health & welfare benefits as needed.


What We Are Looking For:

  • Ideal candidate has at least a 4-year degree and at least 8 years prior retirement benefits experience with progressively more complex assignments and responsibilities, benefit project management experience, and advanced understanding of retirement benefit principles, practices and trends.
  • Relationship Management: Proven client relationship skills with internal and external stakeholders, the ability to collaborate well, and work effectively as a team member or a project lead.
  • Project Management: Ability to manage several projects simultaneously with competing deadlines in a fast paced, dynamic environment. Strong organizational skills.
  • Technical Skills: Advanced Microsoft office skills, including Word, Excel, and PowerPoint and proficient use of HRIS systems (Workday preferred) and benefits related web applications required.
  • Ability to keep highly sensitive human resources and compensation information confidential


The Skills That Will Help You Succeed Even More:

  • Bachelor's Degree in HR, Finance, Business Administration/Management
  • Knowledge of industry and competitive market
  • US, Canada, and LATAM retirement experience


What's In It for You:

  • Medical, Dental, Vision Insurance
  • 401k, With Matching Contributions
  • Short-Term/Long-Term Disability Insurance
  • Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
  • Paid Time Off
  • Tuition Reimbursement
  • Growth Opportunities
  • Discounted RTD Passes, with convenient office location off RTD Light Rail (Dry Creek Exit)
  • On-site Café with Catering Option for Busy Lifestyles
  • 24/7/365 On-site Gym and Lockers, Free for Use to All Employees!
  • Bike racks
  • And more!


#LI-MH2
Annual Hiring Range/Hourly Rate:
$67,300.00 - $100,100.00
Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer.

Location:

US-CO-Denver, Colorado (Panorama Arrow Building)

Time Type:

Full time
Job Category:

Human Resources and Sustainability
EEO Statement:
Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. (Arrow EEO/AAP policy)
We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application.

Read Full Job Description
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

Technology we use

  • Engineering
  • Sales & Marketing
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • PHPLanguages
    • PythonLanguages
    • RLanguages
    • ScalaLanguages
    • SqlLanguages
    • jQueryLibraries
    • Twitter BootstrapLibraries
    • ASP.NETFrameworks
    • HadoopFrameworks
    • Node.jsFrameworks
    • SpringFrameworks
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • OracleDatabases
    • SnowflakeDatabases
    • SQLiteDatabases
    • SitecoreCMS
    • SalesforceCRM
    • Movable InkEmail
    • Oracle EloquaLead Gen

An Insider's view of Arrow Electronics, Inc.

What's something quirky about your company?

As a tech company, we showcase the use of tech all throughout our building. We hang art over the building made of various consumer electronics and we even have access to an Electronics Testing lab. My R&D team also loves to make fun code names for our projects, we recently launched Project Deathstar (announced as ArrowPlus powered by Freelancer)!

Stephen

Manager, Product Management and Engineering

What projects are you most excited about?

There is a big drive at Arrow to support tech entrepreneurs, so part of my job involves collaborating and working with local startups - you’d be amazed to see the new ideas coming out of Denver! I get to work closely with local incubators and accelerators, and also plan events and sessions for big events like Denver Start Up week.

Lia

Marketing Specialist

How has your career grown since starting at the company?

I first began my career at Arrow six years ago as a summer intern on the Customer Support team. The career growth I have achieved since has led me to my current role as Delivery Manager of Arrow.com. Through mentorship programs and working with a team that values trust while promoting curiosity, the experiencing has been nothing short of rewarding.

Kristen

Delivery Manager

How do your team's ideas influence the company's direction?

In today’s fast moving world my team is continually collaborating with the business to evolve our digital channels. Combining competitor insight, industry best practices and innovative capabilities we can react quickly to changing needs, design robust solutions, as well as developing innovations for future growth.

Michelle

Director, Technology & Planning

What’s the vibe like in the office?

Our office promotes an open and active vibe that inspires collaboration with your fellow coworkers. The overall environment supports our focus on driving innovation forward.

Taylor

Asset Specialist

What are Arrow Electronics, Inc. Perks + Benefits

Arrow Electronics, Inc. Benefits Overview

•Medical, Dental, Vision Insurance
•401k, With Matching Contributions
•Competitive Paid Time Off
•Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
•Short-Term/Long-Term Disability Insurance
•Parental Leave Options
•Employee Discount on Annual RTD Pass
•Wide Variety of Growth Opportunities
•Casual Work Environment

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Employee resource groups
Hybrid work model
Diversity
Dedicated diversity and inclusion staff
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Team workouts
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Charitable contribution matching
Child Care & Parental Leave
Childcare benefits
Generous parental leave
Family medical leave
Company sponsored family events
Vacation + Time Off
Generous PTO
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Free snacks and drinks
Onsite office parking
Onsite gym
Professional Development
Job training & conferences
Lunch and learns
Promote from within
Customized development tracks

More Jobs at Arrow Electronics, Inc.

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about Arrow Electronics, Inc.Find similar jobs like this