Data Analyst

Job Title: Data Analyst

Location: RWJ - 379 Campus Dr, Somerset, NJ

Department Name: Total Rewards

Req #: 0000236128

Status: Salaried

Shift: Day

Pay Range: $75,000.00 - $125,000.00 per year

Pay Transparency:

The above reflects the anticipated annual salary range for this position if hired to work in New Jersey.

The compensation offered to the candidate selected for the position will depend on several factors, including the candidate's educational background, skills and professional experience.

Retirement Plan Analyst

Job Summary:

Responsible for supporting RWJBarnabas Health s retirement programs.

Ensures regulatory deadlines are met and guidelines are adhered to.

The Retirement Analyst will work closely with Payroll, Finance, Audit, and retirement plan providers to ensure items, such as compliance, nondiscrimination testing, plan data, plan contributions and distributions are being handled correctly and timely.

Essential Functions:

• Supports RWJBH team members and other internal colleagues by assisting with escalated issues; develops solutions and recommends appropriate actions
• Participates on the annual plan audits and provides support for inquiries
• Performs monthly allocation reports for Finance
• Audits and supports quarterly calculation of the retirement plan s non elective contributions
• Reviews and processes monthly invoices for retirement plan providers
• Coordinates and reviews annual nondiscrimination testing
• Tracks annual company contributions, including projections for qualified and non-qualified retirement plans
• Supports inquiries with the defined benefit and defined contribution plans and analyzes data for accuracy
• Reviews vendor SOC1 reporting and works with plan vendors and auditors as needed
• Serves as the primary respondent for internal inquires through the internal portal MSP
• Collaborates with internal partners in accounting, treasury, audit, etc,
• and plan providers to oversee compliance internal and external and identify and implement control updates and process improvements
• Coordinates with various recordkeepers for distribution requests
• Other projects and responsibilities may be added at the manager s discretion

Education Requirements:

• Bachelor s degree in human resources or related field preferred
• Willingness to gain retirement and benefits expertise through retirement certification course work and independent learning

Experience Requirements:

• Minimum 2+ years benefits experience with a retirement focus

Knowledge, Skills, and Abilities Required:

Technical Knowledge:

• General understanding of ERISA, IRS Code, and DOL regulations
• Strong aptitude and knowledge of Excel with overall ability to generate, modify, re-create workbooks ie; Pivot tables, v-look-up , formulas, reporting, graphing, etc. PeopleSoft experience a plus
• Retirement Plan certification CRP, CEBS, RPA, etc. preferred

Analytical Skills:

• General quantitative, analytical, and problem-solving, and decision-making skills
• Experience with plan testing ADP/ACP, top-heavy, coverage testing
• Strong knowledge and extensive experience with retirement administration and analysis for following plan design, modification, and administration
• Ability to demonstrate judgement, qualitative, quantitative and analytical skills with the ability to highlight and/or summarize key data findings not just generate reports
• Analyze plan utilization, costs, and effectiveness to recommend improvements

Communication Skills

• General written and verbal communication abilities
• Experience presenting to diverse audiences including executives and employees

Project Management Skills

• Demonstrated ability to manage multiple projects and priorities simultaneously
• Strong organizational and time management skills
• Attention to detail and accuracy in regulatory compliance

Abilities

• Capacity to manage multiple priorities in a fast-paced environment
• Commitment to confidentiality and ethical standards
• Ability to work independently and make strategic recommendations
• Customer service orientation with internal and external stakeholders

Physical Requirements

• Ability to work in an office environment
• Occasional travel to various health system locations throughout New Jersey
• Extended periods of computer work and data analysis

Benefits and Perks:

At RWJBarnabas Health, our employees are at the heart of everything we do. Driven by our Total Wellbeing promise, our market-competitive offerings include comprehensive benefits and resources to support our employees’ physical, emotional, financial, personal, career, and community wellbeing.  These benefits and resources include, but are not limited to:

Paid Time Off including Vacation, Holidays, and Sick Time
Retirement Plans
Medical and Prescription Drug Insurance
Dental and Vision Insurance
Disability and Life Insurance
Paid Parental Leave
Tuition Reimbursement
Student Loan Planning Support
Flexible Spending Accounts
Wellness Programs
Voluntary Benefits (e.g., Pet Insurance)
Community and Volunteer Opportunities
Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon
….and more!

Choosing RWJBarnabas Health!

RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team.  We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time.  As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health. 

RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey—whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.

Equal Opportunity Employer
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