Washington University is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity or expression, national origin, genetic information, disability, or protected veteran status.
This position is full-time and works approximately 40 hours per week. Occasional extra hours as needed.
Department Name/Job Location:
This position is in the Department of Human Resources for both Danforth and Medical School Campuses. The physical location of this position is at the West Campus.
Subject matter expert who is responsible for managing all aspects of the university’s qualified and non- qualified retirement plans. Works closely with key internal stakeholders such as legal, finance and other senior executives. Responsible for strategic planning and design, vendor management, regulatory compliance, ensuring that the plans are operated in accordance with the plan documents, project management, and communication. In addition, the individual will be responsible for identifying program enhancements that incorporate the University’s strategic objectives, satisfy legal requirements, and achieve a balance between market practice, employee needs, and the company’s ability to fund such programs. Work with external consultants and professional industry organizations to understand and benchmark market practices in order to maintain competitive plans.
PRIMARY DUTIES AND RESPONSIBILITIES:
Provide expertise on strategic plan design, fiduciary responsibilities; suggest benefit changes and provide financial and competitive analysis to support; implement changes and coordinate internal and external administration and employee communication for the universities 403(b), 457(b) and 457(f) plans and the employee, dependent, and spouse tuition plans.
Works closely with external recordkeeper to ensure accuracy in accounts, data and plan operations and maintain expected levels of service.
Manage investment consultant and RPAC committee.
Ensures plan expenses are reasonable.
Work with external consultants and professional industry organizations to understand and benchmark market practices in order to maintain competitive plans and contract pricing.
Partner with the communications team to enhance participant understanding, create awareness and drive engagement in the production of all benefit-related messages regarding retirement planning, financial education and financial wellness.
Oversight of financial planning – both executive and broad-based.
Assures that the design and changes to the plans are in compliance with the relevant requirements of ERISA, the DOL and the IRS. Assure timely legal filings and notices (5500s and SARs, non discrimination testing, plan corrections, calculations and filings).
Contact for all retirement plans audits.
Analyze plan and financial data in response to ongoing business requirements and adhoc requests.
Work with the internal IT teams to ensure plan requirements are accurately captured and processed.
Counsels all levels of employees regarding the plans.
Act as point of contact to resolve benefit operational problems, escalations, corrections.
Perform other duties as assigned.
The position will include traveling locally to various locations across campus.
Bachelor’s Degree required.
8 or more years of retirement plan administration experience with defined contribution plans.
Thorough knowledge of and experience with retirement plan processes.
People management experience.
Ability to locally to various locations across campus.
Ability to work extra hours when needed.
Prior experience in a large complex environment, preferably university or healthcare.
Effective verbal, written and interpersonal communication skills, a service-oriented communicator with the ability to forge relationships and bring diverse groups together on difficult benefits issues.
A self-motivated individual driven by challenge with a high degree of reliability, accuracy and productivity.
Ability to multi-task and manage shifting priorities and deadlines.
Strong planning and project management skills.
Ability to communicate complex topics simply and clearly.
Base pay commensurate with experience.
Offers made for this position are contingent upon the successful completion of all required pre-employment screens, including a criminal background check, hair sample drug screen, and verification of required professional licenses, registrations, or certifications.
-Retirement Savings Plan -22 vacation days -10 Paid Holidays -Sick Time -Tuition benefits for employee, spouse and dependent children -Free Metro Link/ Bus pass -Free Life Insurance -Health, Dental, Vision -Health Savings Accounts (HSA) -Long Term Disability Insurance -Flex Spending Plan -Other Benefits
Human Resources website (hr.wustl.edu)
Internal Applicant Instruction:
Please attach a copy of your most current signed performance evaluation (completed within the last 18 months) to your online account. If you have not received a performance evaluation, you may provide two current signed letters of recommendation (written within the last 18 months), preferably to include one letter from either a current or recent former supervisor. To attach these documents, go to: My Career Tools, Add Attachment, Attachment Type – Performance Reviews or Letters of Recommendation.
Washington University in St. Louis, a medium-sized, independent university, is dedicated to challenging its faculty and students alike to seek new knowledge and greater understanding of an ever-changing, multicultural world. The University offers more than 90 programs and almost 1,500 courses leading to bachelor's, master's and doctoral degrees in a broad spectrum of traditional and interdisciplinary fields, with additional opportunities for minor concentrations and individualized programs. The faculty is composed of scholars, scientists, artists and members of the learned professions. They serve society by teaching; by adding to the store of human art, creativity, understanding, and wisdom; and by providing direct services, such as health care.