Northrop Grumman Corporation (NGC) is currently seeking a Savings Plans Administration 401(k) Analyst reporting to the Manager of Savings Plans Administration. A successful candidate will play a key role on the team by working independently as well as working with our internal partners and external vendors.
Strong background in qualified and non-qualified defined contribution plans administration with an ability to effectively engage with NGC professionals and vendors is desired. This position can be hired as a Level 2 or Level 3, depending upon the candidate's experience and education.
Responsibilities:
Participate in funding process and interact with internal reporting teams validating financial results
Perform research of employee concerns regarding historical data, legal documents, and transactions
Perform periodic technical peer reviews with internal and external partners
Effectively participate in administration projects and analyze analytical information
Evaluate quality of vendor services
Assist in the preparation and reviews of employee communications both internally and with vendors
Assist with performance of regulatory quality controls and provide support of annual financial audits
Engage in the claims and appeals process when applicable
Develop and maintain process and training documentation
Candidate skills and attributes:
Maintain an exceptional standard of quality: this role requires significant attention to detail, strong organization and project management skills, strong analytical and problem-solving capabilities, and accountability for excellent results
Uphold an uncompromising commitment to business ethics, including the protection of proprietary and confidential information
Deadline driven with ability to prioritize multiple projects and adapt to changing priorities
Ability to build collaborative relationships with teammates, third party vendors, HR business partners and all levels of employees
Excellent people skills with an emphasis on careful listening, relationship building, and strong written and oral communications
Strong service emphasis to enhance employee experience
Ability to draw conclusions from data in a logical, systematic way
Advanced proficiency in Microsoft Office applications, including Excel and PowerPoint
Strong Data Analytical skills
Ability to document technical process / procedures
Demonstrated, and/or proven ability to work independently, as an onsite or virtual employee
Basic Qualifications:
Level 2 - 3 years of relevant experience with a Bachelor’s degree;1 year with a Master’s (Appropriate combination of experience and education will be considered in lieu of the degree requirement)
Level 3 – 6 years of relevant experience with a Bachelor’s; 4 years with a Master’s degree (Appropriate combination of experience and education will be considered in lieu of the degree requirement)
Demonstrated understanding of 401K regulatory requirements with an ability to interact with legal, vendors and administrative teams
Proven ability to maintain high quality initiatives resulting in accurate plan administration and participant communication
Preferred Qualifications:
Knowledge of applicable IRS regulations for defined contribution programs
Completion of Professional Benefits related designation exams
Previous experience working in a large public company emphasizing employee service
Salary Range: $65,500.00 - $98,300.00Salary Range 2: $80,600.00 - $121,000.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Employees may be eligible for a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO/AA and Pay Transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.