Eversource Energy

Senior Benefits Consultant

East Berlin, CT

$108,560-$120,620

About This Job

Responsible for providing strategic expertise for the administration of employer-sponsored defined benefit and defined contribution plans including plan design and compliance.

Essential Functions:

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Recommends new, or revisions to existing, retirement benefit programs including the design, funding, participation, communication, administration and carriers.

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Plans, conducts and oversees moderate research, administrative assignments and presentations to employee groups upon request.

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Assists Tier 1 and Tier 2 with unusual and difficult customer requests.

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Assists with the development, enhancement and maintenance of benefit and HRIS systems and processes for Eversource retirement plans.

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Serves as the project manager and oversees the work of internal resources, as well as that of insurance carriers and other third-party administrators, concerning the introduction and implementation of new or revised programs.

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Maintains up-to-date expertise about developments in benefits plan design and administration.

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Remains current with pending or enacted legislation and provides management with necessary recommended changes to ensure existing benefit programs are in compliance with federal or state laws.

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Works with external parties such as consultants and actuaries as well as and carriers to file related compliance documents such as 5500s and Annual Funding Notices.

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Participates in the completion of actuarial valuations, premium statement reviews, non-discrimination testing, and special studies as required.

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Consults on benefit communications programs including HRConnect content and written/electronic communications.

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Works with various aspects of the Eversource retirement plans including research, design, finance and administration and ensures the privacy of plan participants’ personal information.

Skills and Abilities:

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A strong team player - focusing on collaboration, communication, conflict resolution, and a focus on shared goals

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Strong verbal, written communication skills

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Ability to analyze data, identify trends, and make informed recommendations.

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Strong proficiency with Microsoft Office applications including Excel, PowerPoint, Outlook and Word.

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The ability to problem-solve, be proactive, and demonstrate initiative

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Robust time management and organizational skills with the ability to multi-task required

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Ability to work both independently and in a collaborative team environment

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Superb attention to detail with the ability to meet deadlines

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Stay current and informed on changes to retirement plan regulations

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Requires knowledge of ERISA, DOL, IRS and state codes

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Ability to conceptualize and review standard financial analyses

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Ability to meet agreed upon set of developmental goals for this position

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Strong presentation skills

Education and Experience:

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5-10+ years of progressive experience in Defined Contribution and Defined Benefit retirement plan administration and compliance

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Demonstrated mastery of all duties and skills noted in the Compliance Consultant job description

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Preferred bachelor’s degree in accounting, finance, or related field

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CEBS certification preferred

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Comprehensive knowledge and understanding of retirement plans and record-keeping

Working Conditions:

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Must be available to work emergency restoration assignment as required.

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Must be available to travel between MA/CT/NH as necessary

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Compensation and Benefits:

Eversource offers a competitive total rewards program. Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive. The annual salary range for this position is:

$108,560.00-$120,620.00

Worker Type:

Regular

Number of Openings:

1 Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.

EEO Statement:

Eversource Energy is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor

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