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Kforce Benefits Specialist in New York, New York

Kforce has a client that is seeking a Benefits Specialist in New York, NY.Responsibilities:

  • Ensure timely preparation, filing and submission of annual Pension Benefit Guaranty Corporation (-PBGC-) premiums

  • In compliance with the terms of the relevant plan documents, prepare defined benefit calculations for review by Plan(s) actuaries, as necessary

  • Prepare Firm's Retirement Income Plan (-RIP-) pension estimates, calculate final benefits, establish pension payroll and handle all aspects of retiree pension administration

  • Prepare partners frozen unfunded pension plan calculations in coordination with plan(s) actuaries and partner payroll group

  • Actively participate in and monitor all non-discrimination testing schedules

  • Prepare annual census for partners and employees defined benefit pension plans for submission to plan(s) actuaries; collaborate with them to produce annual valuations

  • Responsible for the daily administration of the Firm's defined contribution Savings and Investment Plan (-SIP-), including but not limited to all data collection requirements, submission of contributions to the plan trust and ensure accurate and timely: 1) participant contributions and Firm allocations to participant accounts, 2) participant transactions and, 3) distributions from participant accounts

  • Work closely with Client(s) and plan trustee and recordkeeper to maintain an automated and streamlined process

  • Maintain strong relationships with outside vendors and consultants

  • Prepare and distribute literature, memorandums, and information regarding enrollment eligibility, retirement vesting, accrued benefits, etc., regarding the SIP and pension plans for employees and partners

  • Bachelor's degree required, CEBS preferred

  • Minimum of 5-7 years of solid experience with capital accumulation defined benefit and defined contribution plans, including administration, record-keeping, compliance, and communication; Skilled in plan document interpretation

  • Experience and good working knowledge of U.S. based health and welfare plans

  • Strong critical thinking skills required; ability to embrace and develop strategic views

  • Excellent analytical and math skill sets with high degree of accuracy and close attention to detail

  • Proficiency in Microsoft Office Suite, with excellent knowledge of excel and large database management

  • Good working knowledge of PeopleSoft HRIS, Benefits Administration and ADP payroll systems a plus

  • Strong interpersonal, verbal and written communication skills; strong customer service stills with ability to interact successfully with all levels of employees and management

  • Exhibit high degree of flexibility; able to respond and readily adapt to changing regulatory environment to achieve compliance and operational excellence

  • Ability to successfully handle numerous projects and tasks simultaneously in a fast-paced and high service environment

  • Experience working in a professional services or law Firm environment preferred but not required

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.Compensation Type:Years

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