Nordstrom Inc
Sr. Benefits Analyst - Seattle, WA (Hybrid)
Nordstrom Inc, Seattle, Washington, us, 98127
Job DescriptionNordstrom is seeking a Senior Analyst who will be the subject matter expert for benefits compliance. This position is a highly skilled individual contributor who provides consulting support to internal client groups on compliance matters related to Nordstrom benefits plans. Primary responsibilities include consulting, project management, finance management, making process improvements, as well as partnering with the benefits team for program support. Additionally, the position plays a critical role in ensuring our operations align with the Employee Retirement Income Security Act of 1974 (ERISA) and related regulations.
A day in the life...
Oversees administration and strategy for all Benefits Compliance and Financial business
Acts as a trusted advisor across different levels of the organization and provides guidance on escalations
Serves as a project manager for all things benefits, projects, compliance, and finance
Effectively partners, consults, and collaborates with cross functional teams, including Benefits Plan Owners, Legal team, ERISA counsel partners, Finance and Strategic Sourcing, to accomplish objectives
Ensures programs remain market inclusive and legally compliant - aligned with the total rewards philosophy and business needs
Interprets and administers programs in accordance with applicable federal, state, and local regulations
Conducts and manages compliance reviews, reporting, correspondences, and audits to ensure adherence to ERISA and other relevant regulations
Stays informed about changes in legislation and regulations, advising on necessary policy adjustments and ensuring new or changed regulations are implemented to minimize compliance risk
Ensures Plan documents and processes are current and accurately reflect plan rules and operations, including overseeing the employee Summary Plan Description and administering the Nordstrom Severance Plan
Manages third party vendor relationships to ensure best-in-class delivery of services, including tracking and communication of performance guarantees and service level agreements
May serve as a compliance liaison on various committees and projects
Reviews financial documents and approves invoices as needed
You own this if you have...
5+ years of benefits experience
3+ years of Employee Retirement Income Security Act of 1974 (ERISA) compliance, demonstrating a strong understanding of compliance audits, policy and regulatory reporting
Deep understanding of local, state, and federal benefit regulations and contract requirements
Experience analyzing and interpreting government regulations
Experience working with Workday is preferred
Strong ability to manage multiple competing priorities and execute in a fast-paced environment
Ability to work effectively and independently in a remote team environment
Effective collaboration skills with the ability to establish and maintain effective working relationships at all levels of the organization
Strong written and verbal communication skills, including experience in presenting to and influencing senior leaders
Ability to manage sensitive information with a high level of professional discretion and confidentiality
Intermediate to advanced level proficiency in Microsoft Word, Outlook, and PowerPoint
Bachelor’s degree and/or benefit or human resources certification preferred (CEBS, PHR, SPHR, SHRM CP or SCP)
Location:
Selected candidate must be located within a commutable distance of the Nordstrom corporate offices in Seattle, WA
We’ve got you covered…
Our employees are our most important asset and that’s reflected in our benefits. Nordstrom is proud to offer a variety of benefits to support employees and their families, including:
Medical/Vision, Dental, Retirement and Paid Time Away
Life Insurance and Disability
Merchandise Discount and EAP Resources
A few more important points...
The job posting highlights the most critical responsibilities and requirements of the job. It’s not all-inclusive. There may be additional duties, responsibilities and qualifications for this job.
Nordstrom will consider qualified applicants with criminal histories in a manner consistent with all legal requirements.
Applicants with disabilities who require assistance or accommodation should contact the nearest Nordstrom location, which can be identified at www.nordstrom.com.
2022 Nordstrom, Inc
Pay Range Details
The pay range(s) below are provided in compliance with state specific laws. Pay ranges may be different in other locations.
Washington: $80,000 - $155,000 Annually. This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Learn more in the Nordstrom Benefits Overview by copying and pasting the following URL into your browser: https://careers.nordstrom.com/pdfs/Ben_Overview_17-19.pdf
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A day in the life...
Oversees administration and strategy for all Benefits Compliance and Financial business
Acts as a trusted advisor across different levels of the organization and provides guidance on escalations
Serves as a project manager for all things benefits, projects, compliance, and finance
Effectively partners, consults, and collaborates with cross functional teams, including Benefits Plan Owners, Legal team, ERISA counsel partners, Finance and Strategic Sourcing, to accomplish objectives
Ensures programs remain market inclusive and legally compliant - aligned with the total rewards philosophy and business needs
Interprets and administers programs in accordance with applicable federal, state, and local regulations
Conducts and manages compliance reviews, reporting, correspondences, and audits to ensure adherence to ERISA and other relevant regulations
Stays informed about changes in legislation and regulations, advising on necessary policy adjustments and ensuring new or changed regulations are implemented to minimize compliance risk
Ensures Plan documents and processes are current and accurately reflect plan rules and operations, including overseeing the employee Summary Plan Description and administering the Nordstrom Severance Plan
Manages third party vendor relationships to ensure best-in-class delivery of services, including tracking and communication of performance guarantees and service level agreements
May serve as a compliance liaison on various committees and projects
Reviews financial documents and approves invoices as needed
You own this if you have...
5+ years of benefits experience
3+ years of Employee Retirement Income Security Act of 1974 (ERISA) compliance, demonstrating a strong understanding of compliance audits, policy and regulatory reporting
Deep understanding of local, state, and federal benefit regulations and contract requirements
Experience analyzing and interpreting government regulations
Experience working with Workday is preferred
Strong ability to manage multiple competing priorities and execute in a fast-paced environment
Ability to work effectively and independently in a remote team environment
Effective collaboration skills with the ability to establish and maintain effective working relationships at all levels of the organization
Strong written and verbal communication skills, including experience in presenting to and influencing senior leaders
Ability to manage sensitive information with a high level of professional discretion and confidentiality
Intermediate to advanced level proficiency in Microsoft Word, Outlook, and PowerPoint
Bachelor’s degree and/or benefit or human resources certification preferred (CEBS, PHR, SPHR, SHRM CP or SCP)
Location:
Selected candidate must be located within a commutable distance of the Nordstrom corporate offices in Seattle, WA
We’ve got you covered…
Our employees are our most important asset and that’s reflected in our benefits. Nordstrom is proud to offer a variety of benefits to support employees and their families, including:
Medical/Vision, Dental, Retirement and Paid Time Away
Life Insurance and Disability
Merchandise Discount and EAP Resources
A few more important points...
The job posting highlights the most critical responsibilities and requirements of the job. It’s not all-inclusive. There may be additional duties, responsibilities and qualifications for this job.
Nordstrom will consider qualified applicants with criminal histories in a manner consistent with all legal requirements.
Applicants with disabilities who require assistance or accommodation should contact the nearest Nordstrom location, which can be identified at www.nordstrom.com.
2022 Nordstrom, Inc
Pay Range Details
The pay range(s) below are provided in compliance with state specific laws. Pay ranges may be different in other locations.
Washington: $80,000 - $155,000 Annually. This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Learn more in the Nordstrom Benefits Overview by copying and pasting the following URL into your browser: https://careers.nordstrom.com/pdfs/Ben_Overview_17-19.pdf
#J-18808-Ljbffr