Senior Benefits Analyst

SES-Government Solutions
parental leave, 401(k)
United States, Virginia, Arlington
Feb 23, 2025
Job ID:111041 Leonardo DRS, Inc. is an innovative and agile provider of advanced defense technology to U.S. national security customers and allies around the world. We specialize in the design, development and manufacture of advanced sensing, network computing, force protection, and electric power and propulsion, and other leading mission-critical technologies. Our innovative people are leading the way in developing disruptive technologies for autonomous, dynamic, interconnected, and multi-domain capabilities to defend against new and emerging threats. For more information and to learn more about our full range of capabilities, visit www.leonardodrs.com. Job Summary Leonardo DRS is looking for a Senior Benefits Analyst to be primarily responsible for our retirement program and company-wide financial education initiative. This position provides operational and analytical support and oversight of the 401(k) plan, legacy defined benefit pension plans and non-qualified benefits, and will also support the growing health, welfare and voluntary programs. The Senior Benefits Analyst role will also participate in due diligence activities for acquisitions and divestitures, program implementations and complex projects beyond the retirement scope. Job Responsibilities * Manage the vendor relationship with benefit partners to include monitoring of contractual service levels, plan administration and annual vendor work plan * Oversee the annual 401(k) non-discrimination testing to include preparation of the data, review of the results and follow-through on resolution of any required actions * Respond to internal and external auditor requests, SOX audits, review vendor SOC1 reporting; liaison with process owners, internal auditors, external auditors, and other stakeholders; prepare and present results of audit work performed, findings and remediation recommendations/action plans * Develop presentation materials to present ideas and solutions to a wide range of constituencies * Participate in vendor reviews and identify opportunities for enhancements in operational efficiency, overall process effectiveness, and potential benefits to the company * Lead the company-wide financial education and financial wellness program to educate employees to maximize the company-provided retirement benefits and leverage resources from our 401(k) recordkeeper. * Participate in confidential and complex assignments, such as due diligence and benefits transitions for acquisitions and divestitures, vendor changes and new program implementations Qualifications Bachelor's degree is required with minimum of 5+ years of experience in benefits administration. Strong leadership and excellent interpersonal and oral communication skills with the ability to present ideas and solutions in a clear and concise manner is a must Knowledge of ERISA, IRS 5500 filings, Department of Labor regulations, and USERRA Familiar with benefits-related laws, regulations, principles, methods and techniques Excellent logical and analytical skills are desirable as this position relies on experience and judgment to plan and accomplish goals Ability to manage multiple programs and meet numerous deadlines is required to perform a variety of complicated tasks Independent with creative thinking and problem-solving abilities, a strong mathematics background, high attention to detail and accuracy, and an ability to interact with external consultants and legal counsel, as well as all levels of management Ability to develop strategy and present creative, cost-effective and efficient solutions in response to corporate and business unit needs Ability to make administrative/procedural decisions and judgments Knowledge of human resources information system compatible reporting programs is essential Experience in reading plan documents and simplifying complex plan provisions into simpler and easier content for participant comprehension Ability to maintain a high level of objectivity and independence Preferred Qualifications: Certified Employee Benefits Specialist (CEBS) and/or Certified Benefits Professional (CBP) Taking care of our people is a top priority at Leonardo DRS. We are proud to offer competitive salaries and comprehensive benefits, including medical, dental, and vision coverage, a company contribution to a health savings account, telemedicine, life and disability insurance, legal insurance, and a 401(k) savings plan. We champion wellness programs that focus on physical, emotional, and financial well-being. We develop our talent by offering programs and activities to support career-growth, professional development, and skill enhancement. And we understand there is more to life than work, and the importance of offering flexible work schedules with our 9/80 program, competitive vacation, health/emergency leave, paid parental leave, and community service hours. *Some employees are eligible for limited benefits only Leonardo DRS, Inc. and its subsidiaries provide equal opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, protected veteran status, or any other characteristic protected by federal, state, or local laws.