Position SummaryThe
Specialist, Retirement is a member of the firm's Benefits team within the Human Resources department. The Specialist, Retirement plays a key role in assisting with the day-to-day administration of the firm's retirement plans in the United States.
Essentials Duties and ResponsibilitiesTypical responsibilities include, but are not limited to, the following:
- Assists with preparing the annual retirement budget
- Conduct manual audits on contributions, deferral elections, and integrations
- Prepare contribution tracker to provide quarterly contribution
- Reviews monthly plan reporting
- Assists with quality control procedures
- Supports the Manager, Benefits & Retirement with annual audits, preparation of financial statements, and Form 5500s and other filings
- Reviews and updates plan administration manuals
- Assists with preparation of minutes from Benefits Committee meetings
- Assists with special projects and performs other responsibilities relating to retirement administration as assigned by management
- Enhances the overall brand of the Human Resources department through positive and effective interactions with personnel and outside vendors and consultants
- Manage annual Partner 401(k) open enrollment
Qualifications / Position Requirements- Commitment to quality in work and to excellent client service
- Ability to multitask and work on multiple projects simultaneously with limited direction
- Commitment to handling information with appropriate confidentiality and sensitivity
- Well-developed analytical, research and problem-solving skills
- Strong excel skills and proficiency in other Microsoft suite applications
- Strong verbal and written communication skills
- Excellent organizational skills with careful attention to detail and timely follow-through
- Ability to adapt to a fast paced, changing work environment
- Willingness to work outside normal business hours when required
Education and/or Experience- Bachelor's degree; degree or coursework in retirement, accounting, and/or another quantitative field preferred
- 5 years' experience in benefits or accounting, with at least 2 years' experience that included retirement-related responsibilities
- Robust experience in Excel, including with formulas, pivot tables, and troubleshooting
CompensationThe expected base salary for this position ranges from $95,000 - $115,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, anticipated assignment, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. Davis Polk offers a competitive salary and comprehensive benefits package.
