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Retirement Benefits Analyst

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Opening Type:
Business Professionals
Location:
Palo Alto
650 Page Mill Road
Palo Alto
CA
94304-1050
US
  • 650-493-9300

Wilson Sonsini is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm has approximately 1,100 attorneys in 17 offices: 13 in the U.S., two in China, and two in Europe. Our broad spectrum of practices and entrepreneurial spirit allow exceptional opportunities for professional achievement and career growth.

The Retirement Benefits Analyst will be responsible for the daily administration of the retirement plans, maintaining data integrity and providing ongoing support and education to meet the needs of our employees. This role will administer retirement benefits in accordance with plan provisions and assist other human resources staff with plan interpretation matters. Participate in the firm’s retirement plans committee meetings to ensure the retirement programs remain competitive, innovative, compliant, and cost-effective.

This position is available as a hybrid work schedule.

Responsibilities

  • Coordinate participant activity with respect to the administration of the 401(k) and cash balance retirement plans, including reconciling and funding the payroll 401(k) contributions and loans
  • Respond to retirement inquiries and issues, ensuring quick and compliant resolution
  • Gather, analyze, and report data as it pertains to enrollment, internal audits, and plan compliance
  • Maintain and produce monthly reports for the accounting department
  • Recommend operational and process improvements based on identified needs
  • Maintain internal controls to ensure accuracy and quality
  • Manage the annual external audit activities for the retirement plans; work with the auditors, record-keeper, actuaries, and trustees to ensure that all information needs are met
  • Analyze and resolve data discrepancies on retirement issues, including payroll-related issues, in a timely fashion
  • Facilitate educational opportunities for plan participants, leveraging vendor relationships and resources
  • Maintain awareness of current trends in benefits
  • Support benefit projects and initiatives and perform other duties as assigned

Education and Experience

  • 3+ years of work experience in benefits or payroll
  • Bachelor’s degree, or equivalent combination of education and experience
  • Excellent technical, analytical, and critical thinking skills required
  • Proficient in Microsoft Office Suite with an emphasis on Excel required
  • General understanding of HR practices, laws, and regulations
  • Strong customer service and verbal and written skills
  • Must be detail-oriented and able to manage multiple projects simultaneously
  • Must be a self-starter and able to follow through on complex activities
  • Must manage time and priorities effectively by completing tasks in a timely manner
  • Exhibits high ethical standards

Additional Knowledge, Skills and Abilities

  • Broad understanding of human resources policies and processes
  • Experience with HRIS and payroll software products; Workday experience a plus

The primary location for this job posting is in Palo Alto. The actual base pay offered will depend upon a variety of factors, including but not limited to the selected candidate’s qualifications, years of relevant experience, level of education, professional certifications and licenses, and work location. The anticipated pay range for this position is as follows: $81,600 – $110,400 per year.

The compensation for this position may include a discretionary year-end merit bonus based on performance. We offer a highly competitive salary and benefits package.

Equal Opportunity Employer (EOE).

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