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Nelson Mullins Riley & Scarborough · 1 month ago

Benefits Administrator

US-NC-Charlotte

Full-time

Onsite

Mid, Senior Level

Nelson Mullins, an AmLaw 60 law firm, is seeking an experienced Benefits Administrator with expertise in managing complex benefits and retirement plans. The ideal candidate will oversee various benefit-related functions while collaborating with senior leadership and auditors to ensure efficient and compliant operations.

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Responsibilities

Overseeing the administration of partner-level benefits, retirement plans (such as 401(k) and cash balance plans), and executive compensation plans

Managing the day-to-day operations of trusts, RABi Trusts, stock and bond investments, as well as other retirement plan-related assets

Collaborating with auditors, specifically RSM, particularly in managing the 5500 audit process for retirement plans

Coordinating the Benefits Committee, ensuring that the committee’s activities align with business goals and comply with relevant regulations

Working closely with actuaries and trust departments to ensure the proper management and reporting of defined benefits, deferred compensation, and related programs

Providing detailed analysis and reporting on benefit plan performance and trends, using advanced Excel skills to present data effectively

Regularly interfacing with the C-suite and senior leadership, providing updates and offering strategic recommendations related to benefits programs and retirement plan management

Qualification

Benefits administrationRetirement plan managementDefined contribution plansDefined benefit plansAdvanced Excel skillsData analyticsRegulatory complianceBusiness acumenCommunication skillsCollaboration skills

Required

Proven experience in administering and managing complex retirement and benefits plans, including both defined contribution plans (such as 401(k)) and defined benefit plans (such as cash balance plans)

Significant knowledge of the 5500 filing and audit process, particularly in collaboration with auditors like RSM

Strong background in executive-level deferred compensation plans and experience working with actuaries and trust departments, especially within the banking industry

Demonstrated ability to engage with senior leadership, including C-suite executives, and communicate complex benefits and retirement plan topics clearly and effectively

Advanced Excel skills, along with experience using data analytics to manage and report on benefit programs

Solid understanding of business acumen and the ability to align benefits strategies with the firm's overall objectives

Experience managing benefits programs and coordinating Benefits Committees

Strong ability to work independently while also collaborating with others