Retirement Benefits Analyst I
Albertsons LLC - Boise, Idaho
Albertsons Safeway is working to become the favorite food and drug retailer in every market it serves. The organization includes 2,230 stores, 27 distribution facilities and 19 manufacturing plants with over 250,000 employees across 34 states and the District of Columbia. The company is privately owned with supermarkets across the country that include: Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, ACME, Jewel-Osco, Lucky, Shaw’s, Star Market, Super Saver, United Supermarkets, Market Street and Amigos.
Diversity is fundamental at Safeway. We foster an inclusive working environment where the different strengths and perspectives of each employee is both recognized and valued. We believe that building successful relationships with our customers and our communities is only possible through the diversity of our people. And a diverse workforce leads to better teamwork and creative thinking, as well as mutual understanding and respect.
The Corporate Benefits department has an opening for a Retirement Benefits Analyst II located in Boise, ID.
POSITION PURPOSE:
Specialized duties that support functional and administrative operations for the Albertsons company – sponsored defined contribution retirement programs. These plans require the frequent coordinated efforts of the 104(k) Plan Sponsor, Human Resources, internal and external Legal, internal and external audit, Information Systems, Cash Management, Payroll, Shared Services and Financial Services departments.
Qualifications:
- Previous experience in Retirement benefits program administration (e.g. defined contribution and non-qualified retirement plans)
- Demonstrated ability to execute projects from concept to implementation
- Experience at working both independently and in a team-oriented, collaborative environment
- Plans and organizes schedules in an efficient and productive manner
- Ability to interact with all levels of internal and external customers in a professional and courteous manner
- Working knowledge of retirement plan regulations, including ERISA and 409A regulations
- Highly effective written and oral communication skills
- Strong problem solving skills
- Strong MS Office – Access, Excel, and Word skills. MS Project experienced desired.
- Must be comfortable working in a fast-paced, change oriented environment
- Strong customer service skills
- Knowledge of the fundamentals of defined contribution plans required
- Knowledge of non-qualified deferred compensation plan designs highly preferred, but not required
Key Responsibilities include, but are not limited to:
- Assist with benefit programs and retirement audits
- Assist with the administration of the 401k Match process
- Assist with the administration of the qualified and non-qualified plans including deferred compensation
- Help resolve complex plan provisions and legal requirements, including Section 409A
- First line of contact for employees, participants, and 3rd party vendors for benefit or eligibility inquiries
- Manage vendor relationships to ensure timely, accurate, and compliant administration of retirement benefit programs
Posted: 30+ days ago
About Albertsons LLC
Albertsons is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate 2,200+ across 33 states and the District of Columbia under 18 well-known banners including... more
