What are the responsibilities and job description for the Benefits/Payroll, Specialist – Retirement position at Davis Polk & Wardwell LLP?
Davis Polk & Wardwell LLP (including its associated entities) is an elite global law firm with world-class practices across the board. Clients know they can rely on Davis Polk for their most challenging legal and business matters. From offices in the world's key financial centers and political capitals, our more than 1,000 lawyers collaborate seamlessly to deliver exceptional service, sophisticated advice and creative, practical solutions. Visit davispolk.com.
Position Summary
The Specialist, Retirement is a member of the firm’s Benefits team within the Human Resources department. The Specialist, Retirement plays a key role in assisting with the day-to-day administration of the firm’s retirement plans in the United States.
Essentials Duties And Responsibilities
Typical responsibilities include, but are not limited to, the following:
The expected base salary for this position ranges from $95,000 - $115,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, anticipated assignment, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. Davis Polk offers a competitive salary and comprehensive benefits package.
Position Summary
The Specialist, Retirement is a member of the firm’s Benefits team within the Human Resources department. The Specialist, Retirement plays a key role in assisting with the day-to-day administration of the firm’s retirement plans in the United States.
Essentials Duties And Responsibilities
Typical responsibilities include, but are not limited to, the following:
- Assists with preparing the annual retirement budget
- Conduct manual audits on contributions, deferral elections, and integrations
- Prepare contribution tracker to provide quarterly contribution
- Reviews monthly plan reporting
- Assists with quality control procedures
- Supports the Manager, Benefits & Retirement with annual audits, preparation of financial statements, and Form 5500s and other filings
- Reviews and updates plan administration manuals
- Assists with preparation of minutes from Benefits Committee meetings
- Assists with special projects and performs other responsibilities relating to retirement administration as assigned by management
- Enhances the overall brand of the Human Resources department through positive and effective interactions with personnel and outside vendors and consultants
- Manage annual Partner 401(k) open enrollment
- Commitment to quality in work and to excellent client service
- Ability to multitask and work on multiple projects simultaneously with limited direction
- Commitment to handling information with appropriate confidentiality and sensitivity
- Well-developed analytical, research and problem-solving skills
- Strong excel skills and proficiency in other Microsoft suite applications
- Strong verbal and written communication skills
- Excellent organizational skills with careful attention to detail and timely follow-through
- Ability to adapt to a fast paced, changing work environment
- Willingness to work outside normal business hours when required
- Bachelor’s degree; degree or coursework in retirement, accounting, and/or another quantitative field preferred
- 5 years’ experience in benefits or accounting, with at least 2 years’ experience that included retirement-related responsibilities
- Robust experience in Excel, including with formulas, pivot tables, and troubleshooting
The expected base salary for this position ranges from $95,000 - $115,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, anticipated assignment, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. Davis Polk offers a competitive salary and comprehensive benefits package.
Salary : $95,000 - $115,000