Sr Benefits Analyst - 401k (Finance)

We are looking for an experienced, data-driven Sr. Benefits Analyst to manage our defined contribution (DC) administration and oversight for the Honeywell Savings Programs, which includes a qualified 401(k) plan, a Puerto Rico DC plan, several other qualified and non-qualified DC plans, plus a Board of Directors plan, providing accurate reviews and outputs in compliance with plan rules, funding, legislative requirements, and internal practices in the U.S. and Puerto Rico. You will work out of out of our Charlotte, NC location on a Hybrid work schedule. You will have a direct impact on the financial well-being of our employees by partnering with our outsourced administrator to manage and optimize the 401k retirement plans, analyze data and interpret plan rules ensuring accuracy. Will provide 1:1 coaching with top executives to educate them on plan design and benefits. Manages cases supporting the resolution of inquiries, escalations, errors, and requests from participants, such as hourly manufacturing workers, salaried workers, retired participants, top Executive Officers and Board Directors. Leads a range of projects that have high visibility and vary in scope and complexity for ongoing work operations, compliance, audits, and vendor management improvements. In this role, you are providing operational support to standard work, delivering standardized and self-service HR solutions, and driving digital transformation initiatives forward. You will have a significant impact on optimizing HR processes, enhancing employee experience, and driving HR's digital transformation journey, contributing to the success and effectiveness of Honeywell's overall operations.

KEY RESPONSIBILITES:

• Provide end to end execution of the qualified and non-qualified defined contribution and executive plan processes, ensure up to date and accurate documentation, leverage historical databases to collect data, drive continuous improvement focusing on key initiatives of an excellent user experience ensuring right and fast support.
• Manage suppliers to ensure quality administration of plans and the customer experience, payments, audit completion, execution of reporting and filings, with vendors such as, Conduent and Northern Trust. Participate in quarterly service reviews.
• Stay up to date with regulatory changes in the industry and help us transition into the future as seamlessly as possible. Apply legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing, and interpreting plan documents, summaries of plan provisions, and related plan materials.
• Assists with audits and preparations of annual filings. Work with internal and external partners on compliance and other related matters. Participate in merger and acquisition activities to ensure compliance.
• Identify operational errors and areas of weakness in plan operations, support audit reports and relevant supporting documentation to present findings and improvements to leadership. Assist with developing corrective action strategies.
• Manage payroll reconciliations, escalations, leveraging multiple data sources, conducting data analysis, communicating findings, and making recommendations.
• Proactively identify problems and trends, along with solutions, which might be leading to increased volume of escalations or issues.
• Manage the claims and appeals process ensuring timely and accurate responses back to participants.
• Maintain a robust data intelligence infrastructure, ensuring the accuracy, accessibility, and timely sharing of information among business professionals to support informed decision making and drive business success.
• Collaborate in project planning, execution, and effective communication of information throughout the organization to drive successful project outcomes and facilitate seamless business operations.
• Support year-end and mid-year non-discrimination testing as required by the Internal Revenue Service (IRS) to ensure compliance.

BENEFITS OF WORKING FOR HONEYWELL

• Benefits - Medical, Vision, Dental, Mental Health
• Paid Vacation
• 401k Plant/Retirement Benefits (as per regional policy)
• Career Growth
• Professional Development

Exciting opportunity for a Sr. Benefits Analyst - 401k, Hybrid role in Charlotte, NCYOU MUST HAVE:

• 3-5 experience with ERISA, IRS, Retirement and DOL rules and regulations.
• 3+ years direct experience administering defined contribution plans (401k and non-qualified).
• 1-3 years of project management experience, including excellent planning, time management, decision making and organizational skills.

WE VALUE:

• Ability to anticipate and understand customer needs and deliver timely and accurate resolution.
• Strong Excel skills formulas, pivot tables, vlook-ups); HCM, Service Now, and Case Management a plus.
• Ability to problem solve and set priorities, and to ask questions when needed.
• Excellent interpersonal and customer relationship skills to manage difficult and sensitive matters.
• Ability to influence stakeholders and inspire change.

ABOUT HONEYWELL

Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world's most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. We are a leading software-industrial company committed to introducing state-of-the-art technology solutions to improve efficiency, productivity, sustainability, and safety in high-growth businesses in broad-based, attractive industrial end markets. Our products and solutions enable a safer, more comfortable, and more productive world, enhancing the quality of life of people around the globe. Learn more about Honeywell: click here

THE BUSINESS UNIT

Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status. Learn more about inclusion and diversity: click hereAbout Us

Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments - powered by our Honeywell Forge software - that help make the world smarter, safer and more sustainable.