Alaska Airlines Senior Retirement Analyst in Seattle, Washington
WHAT WE'RE ABOUT
We're creating an airline people love. It begins with each Alaska Airlines employee, bringing unique strengths and energy to our work in the air and on the ground. Every day, we go beyond what's expected and reach for the remarkable, together.
Role Summary The Senior Retirement Analyst conducts the day-to-day administration of Alaska Airlines and Horizon Air's qualified 401(k) and pension plans. This service-oriented role focuses on resolving benefit issue(s) with employees/vendors and serves as a liaison between the two parties. The senior analyst also participates in and supports the strategic planning and execution of department goals, and other projects as assigned.
Scope & Complexity This individual contributor position supports routine to moderately complex retirement plan activities for Alaska Airlines and Horizon Air.
Administers qualified retirement plans, such as 401(k) plans, pension plans, Canadian retirement plan, and nonqualified plans. This includes all tasks related to plan administration, such as:
Daily administration, including payroll and benefit payment reconciliations, audit of contribution changes, enrollments and transfers, and calculation of annual true-up match contribution.
Phone and email support for active and terminated employees and retirees.
Benefit calculations, pension benefit processing, minimum required distributions (MRD) and semi-annual cost-of-living adjustments.
Assists with annual valuation, annual testing for all plans (discrimination, annual additions, etc.), financial reports, employee benefit statements, plan audit, funding notices and summary annual reports.
Ensures plans are in compliance with applicable laws and plan provisions at all times.
Maintains PeopleSoft pension system, including periodic processes and annual updates, creates/maintains end-user queries, and ensures data output is accurate.
Coordinates with outside vendors for functions such as loans, hardship withdrawals, after-tax withdrawals, domestic relations orders, termination distributions, participant census, enrollment status, and problem resolution.
Job-Specific Skills Required
A minimum of 4 years' experience in retirement benefits, payroll, accounting, human resources, finance or other related field.
Understanding of Internal Revenue Service (IRS) and Department of Labor (DOL) regulations relating to retirement plans.
Strong analytic and problem-solving skills.
Ability to streamline processes and drive efficiency.
A positive and professional demeanor, with the ability to work collaboratively in a team environment.
Proficiency with Microsoft Office applications, with intermediate Excel and Word skills.
Minimum age of 18.
Must be authorized to work in the U.S.
A Bachelor of Arts or a Bachelor of Science degree.
A minimum of 1 years' hands-on experience in 401(k) administration.
Cross-functional experience in payroll or HRIS.
A minimum of 2 years' experience with defined benefit and/or nonqualified plan administration.
Experience with high volume, hands-on, detailed reconciliation work.
A working knowledge of Canadian regulations relating to retirement benefit plans.
PeopleSoft HCM and Pension modules experience.
Strong presentation and training skills.
Job-Specific Leadership Expectations Embody our values to own safety, do the right thing, be kind-hearted, deliver performance, and be remarkable.
EQUAL EMPLOYMENT OPPORTUNITY
Horizon Air and Alaska Airlines are equal opportunity employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information.
Job ID: 33054
Location: Seattle, WA
Full/Part Time: Full-Time