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74060 Requisition #
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The HR Benefits Analyst is responsible for supporting the administration and strategic evolution of North American benefit plans and programs for Northern Trust employees.  Under direction from the HR Benefits Management Team, the Benefits Plans Analyst is responsible for supporting the day-to-day management of retirement benefit plans while identifying opportunities for improving plan processes, procedures, communication and design.  This role works closely with multiple internal and external parties on a daily basis.


Individuals who are passionate about employee benefits and developing their knowledge and expertise in this exciting and evolving area of HR are encouraged to apply.

 

KEY RESPONSIBILITIES


• Support the effective and compliant administration of retirement plans such as pension and 401(k).

• Assist in developing recommendations for implementing changes and/or new plans/programs to management, including researching best practices and compiling benchmark data.

• Responsible for developing plan metrics and dashboards, including data analysis and periodic reporting of results relative to prior periods.

• Prepare and present management reporting.

• Facilitate employee benefit orientations and other instructional meetings, and present benefit plan modifications to employees as necessary.

• Prepare employee benefit plan/program communications. Responsible for updating and timely distribution of communication materials, summary plan descriptions, and other plan-related materials.

• Ensure compliance with regulatory requirements and coordinate plan modifications to incorporate required changes.

• Assist in performing various administrative duties for the division, including assignments such as coordinating educational sessions for employees and collecting data for special projects.

• Serve as the audit liaison for internal and external Human Resources department audits, including oversight of compiling data requested, updating process and procedure documents, and coordinating with the auditors as needed.

• Research and respond to inquiries from management, employees and auditors.

• Remain current in knowledge and understanding of benefit plan trends and related federal laws/regulations.

• Conduct all work under limited supervision.

• Other duties as assigned.

 

EXPERIENCE

 

- Bachelor’s degree, preferably in Human Resources

- 2 or more years of related experience working with employee retirement benefit plans, is required. 

-  RPA or CEBS certifications preferred.

 

KEY KNOWLEDGE/SKILLS

 

• Knowledge of and interest in employee benefit plans, related investments and the regulatory framework in which they operate
• Ability to listen attentively, combine information from multiple sources and take appropriate action
• Ability to adapt to changes and new situations by quickly taking in information
• Critical thinking to identify issues/needs and develop solutions while working under time, expense  and/or other constraints
• Excellent organizational, analytical and problem-solving skills to effectively evaluate and manage issues
• Ability to work well in various settings, including independent as well as collaborative/matrixed work environments
• Ability to maintain strategic focus while completing tactical/administrative tasks
• Ability to follow detailed processes and engage in innovative/strategic thinking as required, performing well in both situations
• Continuous attention to detail, high standards, and ability to produce high quality deliverables
• Strong personal computer skills (Excel, Word, PowerPoint)
• Ability to perform benefit calculations, testing, and analysis
• Strong interpersonal skills to build team and personal relationships
• Strong reading, written and verbal communication skills to understand and communicate complex concepts and requirements
• Ability to effectively identify information needs and tailor communication to audience
• Commitment to personal growth, learning and continuous improvement

 

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.


We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.


As of September 30, 2018, Northern Trust Corporation had:

$10.8 trillion in assets under custody/administration
$8.2 trillion in assets under custody
$1.2 trillion in assets under management
$132 billion in banking assets



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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC EEO Statement
    • APAC EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement