Arrow Electronics

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.. 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.. Identify and implement process improvements in partnership with HR Technology, HRIS, Payroll, and service providers.. Discounted RTD Passes, with convenient office location off RTD Light Rail (Dry Creek Exit)

benefit analyst

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: <ul><li>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).</li><li>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.</li><li>Monitor and audit loan data to ensure adherence to terms and compliance with regulatory requirements.</li><li>Perform secondary reviews of additional calculations and system entries as needed.</li><li>Handle escalated retirement benefit inquiries in a timely manner.</li><li>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.</li><li>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.</li><li>Update Summary Plan Descriptions and applicable administrative process documents. Prepare and distribute plan participant communications as needed.</li><li>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.</li><li>Lead special projects as needed (e.g., plan design updates, system conversions, enhancements, acquisitions).</li><li>May assist with health & welfare benefits as needed. </li></ul>What We Are Looking For: <ul><li>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.</li><li>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.</li><li>Project Management: Ability to manage several projects simultaneously with competing deadlines in a fast paced, dynamic environment. Strong organizational skills.</li><li>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.</li><li>Ability to keep highly sensitive human resources and compensation information confidential </li></ul>The Skills That Will Help You Succeed Even More: <ul><li>Bachelor's Degree in HR, Finance, Business Administration/Management</li><li>Knowledge of industry and competitive market</li><li>US, Canada, and LATAM retirement experience </li></ul>What's In It for You: <ul><li>Medical, Dental, Vision Insurance</li><li>401k, With Matching Contributions</li><li>Short-Term/Long-Term Disability Insurance</li><li>Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options</li><li>Paid Time Off</li><li>Tuition Reimbursement</li><li>Growth Opportunities</li><li>Discounted RTD Passes, with convenient office location off RTD Light Rail (Dry Creek Exit)</li><li>On-site Café with Catering Option for Busy Lifestyles</li><li>24/7/365 On-site Gym and Lockers, Free for Use to All Employees!</li><li>Bike racks</li><li>And more! </li></ul>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.

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