About this role
Paul Hastings is a leading international law firm that provides innovative legal solutions to many of the world's top financial institutions and Fortune Global 500 companies. With a strong presence throughout the U.S., Asia, Europe, Latin America, and the Middle East, we have the global reach and extensive capabilities to provide personalized service wherever our clients’ needs take us. As one of the world’s leading law firms, we seek dynamic individuals who share our commitment to service, innovation, and professional growth.
Job Title
Senior Analyst, Retirement
Location
Los Angeles, Orange County, Palo Alto, San Diego, San Francisco
Regular/Temporary
Regular
Job Description Summary
We have an opening for a Senior Analyst, Retirement.
Under the direct supervision of the Senior
Benefits
- Manager, the Senior Analyst, Retirement executes all analysis, research, evaluation and administrative functions for U.S. and international retirement programs and serves as back up for the Firm’s benefit and leave programs.
Job Description
In this capacity, the Senior Analyst, Retirement will:
- Responsible for the day-to-day administration and operation of the retirement plans, including contribution/funding reconciliation, distributions, QDRO processing, benefit file coordination and maintenance; analyze, address and implement retirement plan design changes;
- Monitor and ensure the legal compliance of the plans, by working with providers, internal and external legal counsel; manage the Plan annual audit, 5500 process and compliance testing; read, review, recommend, and apply changes due to legislation affecting the retirement programs;
- Manage the relationships between Firm, participants, consultants, trustee and vendors, as applicable, regarding the retirement plans, plan systems and service valuation; coordinate and assist vendor/trustee with payments for participants as part of retirement process and/or termination process;
- Responsible for providing financial metrics and cost analysis of the retirement plans; collect, verify and provide retirement data to the actuary as needed for computation of benefits, funding requirements, valuations and applicable internal audits; collaborate with accounting and financial reporting to ensure appropriate measurement and reporting of plan assets, liabilities, and funding levels;
- Prepare and/or supervise the drafting and delivery of appropriate educational communications regarding the retirement plans and eligibility criteria as needed for the retirement plans, retiree medical plans, and Executive retirement plans; prepare communications and materials necessary to address recommended changes and key issues to the Investment/Retirement Committee; interpret and explain policies, procedures, and relevant law to current, terminated and retired participants;
- Provide clear and effective counsel to employees, participants, retirees and management, in person and in writing, and answer questions regarding retirement programs and policies;
- Maintain and update the retirement section of the Firm’s intranet and extranet as needed, ensuring that the information is accurate and current;
- Serve as back-up to the Benefits and Leave Analysts, assist with department needs, such as Open Enrollment, consult with employees regarding benefits-related issues, needs, and services, explain program provisions, procedures and eligibility requirements;
- Assist in implementation and testing of retirement-related systems;
- Work beyond scheduled hours as required, especially at year-end;
- Travel as required; and
- Handle additional related projects as assigned.
Proficiencies:
- Advanced knowledge of federal and state laws and regulations (401k, 415, ERISA, HIPAA, FMLA COBRA and ACA);
- Advanced knowledge of customer-service principles;
- Fundamental to Advanced knowledge of Health & Welfare benefit principles;
- Fundamental to Advanced knowledge of human resources laws and practices;
- Fundamental knowledge of general payroll concepts and systems (e.g.: ADP eTime);
- Advanced proficiency in Microsoft Office Suite; and
- Fundamental to Advanced proficiency in human resource management systems (e.g.: Workday, PeopleSoft).
Qualifications
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Bachelor’s degree (preferred);
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At least 5 years of defined contribution, defined benefit and nonqualified plan administration experience;
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At least 5 years of human resources, talent management, or accounting experience (benefits administration preferred); and
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At least 5 years in a professional services or legal environment (preferred).
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The salary wage range for Orange County that we expect to pay for this position is a minimum of $95,300 and a maximum of $138,100 annually. The actual pay wage may vary based on experience or other relevant factors.
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The salary wage range for San Diego that we expect to pay for this position is a minimum of $91,200 and a maximum of $132,050 annually. The actual pay wage may vary based on experience or other relevant factors.
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The salary wage range for San Francisco that we expect to pay for this position is a minimum of $101,500 and a maximum of $147,250 annually. The actual pay wage may vary based on experience or other relevant factors.
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The salary wage range for Palo Alto that we expect to pay for this position is a minimum of $101,500 and a maximum of $147,250 annually. The actual pay wage may vary based on experience or other relevant factors.
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The salary wage range for Los Angeles that we expect to pay for this position is a minimum of $95,300 and a maximum of $138,100 annually. The actual pay wage may vary based on experience or other relevant factors.
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Employees will be provided with an excellent career opportunity in a collaborative environment, in addition to a generous total compensation package with the opportunity to earn bonuses based on individual contribution and firm profitability.
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The actual salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held, and if applicable, the location in which the applicant lives and/or from which they will be performing the job. This role is exempt meaning it is not overtime pay eligible.
Eligible employees can participate in the Firm’s comprehensive benefits program, which include the following:
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Medical, Dental, Vision, Life/AD&D, Long Term Care, and Short- and Long-Term Disability
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Flexible Spending Accounts and Health Savings Account
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Healthcare Concierge and Advocacy
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Lifestyle Spending Account
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Voluntary 401(k) Plan and Profit Sharing
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10 Paid Holidays per year and a generous PTO Program
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Family Support including Paid Parental Leave, Fertility Benefits, Breast Milk Shipping, Back-up Child Care, Elder Care, and Tutoring
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Wellbeing programs (Employee Assistance Program, Relationship Support, Mental Health, Menopause and Midlife Health and Well-Being Events)
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Retirement Plan Consulting
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Anniversary Bonus Program
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Professional Development Programs
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Transportation and Commuter Benefits
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International Travel Insurance
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Critical Illness, Hospital Indemnity and Accident Insurance
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Auto/Home/Pet Insurance
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Prepaid Legal Insurance
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Employee Discounts
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And More!
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The Firm fosters an open and inclusive work environment that enables us to provide clients with the innovative thinking of teams rich in talent, experience and creativity. We regularly host programs intended to increase cultural competencies and address key topics related to community, opportunity and inclusion. Learn more about our Global Inclusion initiatives here: Global Inclusion
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Paul Hastings is an equal opportunity employer. Pursuant to applicable local law, we will consider qualified applicants with criminal histories in a manner consistent with the requirements of the relevant fair chance ordinance.