Newly created Benefits Analyst role within our organization that will administer and oversee assigned U.S. and global benefit plans, ensuring efficiency, compliance, and competitiveness. This role is primarily focused on retirement, financial, and leave benefits, but will be cross-functionally trained in health and welfare benefits to ensure consistent plan administration and compliance. Strong attention to detail and problem-solving skills are essential. Reporting to the Head of Global Benefits, this hybrid role is based in Louisville, KY (minimum 2 days in-office per week).
- Advise employees and dependents on benefits, liaising with providers to resolve issues while ensuring confidentiality. Anticipate concerns and provide holistic solutions, escalating as needed
- Collaborate with stakeholders to create and implement an ongoing, multi-channel benefits communication plan for clarity and engagement beyond annual enrollment.
- Administer retirement plans, social insurance, pre-tax accounts, paid leave, and financial well-being programs
- Ensure accurate, secure, and timely benefits data transmission, correct payroll deductions, and monitor employee status changes
- Manage vendor relationships, oversee service agreements, and drive program improvements through meetings, reviews, and project management.
- Plan and attend quarterly 401(k) and pension administrative committee meetings
- Manage compliance with regulations such as IRC, ERISA, HIPAA, FMLA, SECURE 2.0, and State Leave Laws, including reading, reviewing, recommending, and applying changes due to legislation affecting our benefit plans
- Complete annual regulatory activities with a high level of accuracy including required minimum distributions (RMDs), Form 5500, ADP/ACP testing, plan audits, nondiscrimination testing, compliance notices, plan documents, etc.
- Compile non-discrimination testing reports for benefit plans annually or as needed
- Gather data, prepare reports and support 401(k), pension and leave of absence audits involving enrollment and deduction information.
- Model company culture, delivering exceptional employee support with a focus on fairness and care. Recommend benefits improvements based on employee feedback and peer benchmark data. • Support leadership in developing a total rewards strategy aligned with Sazerac’s global expansion, ensuring compliance with local retirement and social insurance regulations across multiple countries.
- Work closely with my manager to improve my own skills, which will lead to my improved performance and benefit my professional growth as well as the company's success. Continually seek ways to improve performance as measured by departmental KPI's.
- Develop and follow action plan to gain learning experiences needed for self to grow and avail internal career development opportunities.
- Work with a continuous improvement mindset to optimize department operations, reduce errors, and enhance the delivery of our benefit programs
- Create standard operating procedures, knowledge content, and training resources to shift repeatable benefits tasks to the HR Shared Services team (e.g. invoices, data and payroll audits, enrollment changes, and Tier 1 employee requests).