Nordstrom

Sr. Benefits Analyst - Healthy Wallet - Seattle, WA (Hybrid)

Nordstrom$93K — $155K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of benefits experience
  • 3+ years of retirement benefits experience
  • Understanding of ERISA, HIPAA, 409A, and other IRS and DOL requirements
  • Experience with trust accounting, institutional investment operations, and Form 5500
  • Strong proficiency in Microsoft Excel and PowerPoint

Responsibilities

  • Manage and oversee Deferred Compensation Plans for employees and Board members
  • Support operation and compliance of Nordstrom's 401(k) Plan, including audits and testing
  • Develop benefits communications for various programs in partnership with other departments
  • Participate in and lead key projects like RFPs and plan design reviews
  • Serve as Subject Matter Expert for Healthy Wallet programs and address complex participant issues

Benefits

  • Medical/Vision and Dental insurance
  • Retirement plans
  • Paid Time Away
  • Life Insurance and Disability benefits
  • Merchandise Discount and EAP resources
Full Job Description
Job Description

Nordstrom is seeking a Senior Benefits Analyst to join our Total Rewards team in support of the company's Healthy Wallet programs, including qualified and non-qualified U.S. retirement/savings programs and the Nordstrom Merchandise Discount Program. This position is a highly skilled individual contributor responsible for multiple U.S. benefit programs across 401(k), Deferred Compensation, and Discount. Primary responsibilities include analyzing and reporting, advising and educating, consulting, project management, making process improvements, and partnering across the benefits team for program and project support. The position also serves as the Healthy Wallet communications lead, partnering cross-functionally to develop and deliver benefits communications to employees. Additionally, this role plays a critical part in ensuring plans and operations align with plan documents and applicable rules and regulations.

A day in the life...

  • Manages the Deferred Compensation Plans for Nordstrom employees and Nordstrom Board of Directors, including overseeing Fidelity Executive Services (FES) as part of the DCP program

  • Supports smooth and effective operation of Nordstrom's 401(k) Plan, including leading the annual audit and non-discrimination testing

  • Manages communication, education, and compliance for Nordstrom's Merchandise Discount Program

  • Serves as the Healthy Wallet communications lead, developing and coordinating benefits communications for 401(k), DCP, and Discount programs in partnership with Healthy Mind & Body, Healthy Time Away, vendor partners, Nordstrom Internal Communications, and Nordstrom Internal Marketing

  • Participates in and sometimes leads key projects and initiatives such as RFPs, fund changes, plan design reviews, recommendations, and corrections

  • Effectively partners, consults, and collaborates with cross-functional teams, including other Benefits Plan Owners, Legal, ERISA counsel, Finance, Treasury, External Reporting, and Strategic Sourcing, to accomplish objectives

  • Serves as Subject Matter Expert for Nordstrom's Healthy Wallet programs and as a point of escalation for complex participant questions or issues escalated from vendor partners, HR Business Partners, Nordstrom Legal, and the Nordstrom Employee Care Center

  • Ensures programs remain competitive, inclusive, legally compliant, and aligned with Nordstrom's Total Rewards philosophy and business needs

  • Interprets and administers Healthy Wallet programs in accordance with applicable federal, state, and local regulations

  • Stays informed about changes in legislation and regulations; attends conferences, seminars, and webinars to stay current on retirement plan trends and best practices

  • Ensures plan documents and processes are current and accurately reflect plan rules and operations

  • Manages third-party vendor relationships to ensure best-in-class delivery of services, including tracking and communication of performance guarantees and service level agreements

You own this if you have...

  • 5+ years of benefits experience

  • 3+ years of retirement benefits experience

  • Understanding of ERISA, HIPAA, 409A, and other IRS and DOL requirements impacting employee benefit plans

  • Experience with trust accounting, institutional investment operations, non-discrimination testing, and Form 5500

  • Experience analyzing and interpreting data and creating effective and engaging presentations

  • Experience developing and delivering benefits communications, including partnering with internal communications or marketing teams

  • 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 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 presenting to and influencing senior leaders

  • Ability to manage sensitive information with a high level of professional discretion and confidentiality

  • Intermediate to advanced proficiency in Microsoft Excel and PowerPoint

  • Bachelor's degree and/or benefit or human resources certification preferred (CEBS, PHR, SPHR, SHRM-CP or SCP)

Location:

This is a hybrid role requiring the selected candidate to work onsite four (4) days per week and live within a commutable distance of Nordstrom's corporate offices in downtown Seattle, WA.


Pay Range Details

The pay range(s) below has been provided in compliance with state specific laws. Pay ranges may be different for other locations. 
Pay offers are dependent on the location, as well as job-related knowledge, skills, and experience.

$93,500.00 - $155,000.00 Annual

 

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

   

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

 

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.


About Nordstrom

Acquired by Nordstrom in March 2011, HauteLook is a place where you'll discover thousands of the top fashion and lifestyle brands at amazing savings. Each day at 8 AM Pacific, shop new sale events featuring the best names in women's and men's fashion, beauty, and home décor at up to 75% off. Membership is free and everyone is welcome. HauteLook launched in 2007 and is headquartered in Los Angeles. See what the buzz is all about! Register now to become a HauteLook member. www.hautelook.com

Nordstrom Careers

Join the vibrant team at Nordstrom, a leader in the retail industry, where your career growth and development are prioritized. At Nordstrom, we offer a wide array of job opportunities that allow professionals to thrive in an innovative and supportive environment. Work You’ll Do At Nordstrom, we are committed to driving success not only for our company but for each individual who joins our team. Whether you are looking for a position in sales, management, or corporate roles, Nordstrom provides a platform for professional growth through hands-on experience and high-quality leadership training. Our commitment to diversity and inclusion ensures a workplace where everyone can truly belong and excel. Nordstrom’s market-leading team is at the forefront of retail innovation and customer service excellence. By joining us, you will collaborate with skilled professionals dedicated to reshaping the future of retail through cutting-edge technology and exceptional service strategies. Internship Programs Kickstart your career with a Nordstrom internship. Our programs offer invaluable industry insights and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the retail sector. Interns at Nordstrom gain practical skills and are often considered for full-time positions, reflecting our commitment to nurturing talent from within. Employee Benefits and Culture Nordstrom’s reputation is built not only on our commitment to customers but also on our dedication to our team members. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits at Nordstrom include health insurance, employee discounts, and access to wellness programs. Our culture at Nordstrom is one of collaboration, innovation, and respect. We believe in the power of working together as a team, where each member’s contribution is valued. Networking within the company is encouraged, fostering a community of support and continuous learning. Career Advancement Opportunities Nordstrom believes in the growth of our employees. With a variety of training and development programs, employees are equipped with the knowledge and skills needed to advance their careers within the company. Leadership development and succession planning are integral parts of our commitment to employee advancement. Join Our Team Explore the exciting career and employment opportunities available at Nordstrom today. We are actively hiring and looking for ambitious, creative, and driven individuals to join our team. Search open positions that match your skills and interests on our Jobs page. Stay Connected Keep up to date with the latest career tips, insider perspectives, and industry-leading insights—all from the people who work at Nordstrom. Subscribe to our Careers Blog and personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities waiting for you at Nordstrom, where we turn jobs into pathways for professional growth and personal achievement. Join us and be part of a company that values innovation, leadership, and a diverse and inclusive workplace.
Learn more about Nordstrom
Size
60,000 employees
Market Cap
$2.5 billion
Industry
Net Income
-$531 million
Founded
1901
5 Year Trend
-5.8%
Revenue
$10.7 billion
NASDAQ

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