[Hiring] Retirement Analyst @Arrow Electronics

Role Description

Arrow is looking for a Retirement Benefits Analyst to join the Americas compensation and benefits team. The Retirement Benefits Analyst is responsible for supporting the administration of Arrow’s qualified and non-qualified retirement plans in the US and Canada.

• Research, analyze, evaluate, and administer Arrow’s qualified and non-qualified retirement plans.
• Serve as backup for the administration of Arrow’s Supplemental Executive Retirement Plan (SERP).
• Review and audit employee and Arrow contributions from Payroll on a weekly basis.
• Collaborate with the payroll team to reconcile contributions and post funding to the recordkeeper.
• Audit retirement plan eligibility and participant data; resolve discrepancies as needed.
• Monitor and audit loan data to ensure adherence to terms and compliance with regulatory requirements.
• Perform secondary reviews of additional calculations and system entries as needed.
• Handle escalated retirement benefit inquiries in a timely manner.
• Serve as a point of contact for plan audits, SOX compliance, and SEC reporting.
• Support the completion of IRS Form 5500 and other required notices and filings.
• Serve as a liaison with plan recordkeepers, retirement committee, and trustees.
• Update Summary Plan Descriptions and applicable administrative process documents.
• Prepare plan participant communications as needed.
• Interpret, review, and update plan policies and procedures for standardization and compliance.
• Identify and implement process improvements in partnership with HR Technology, HRIS, Payroll, and service providers.
• Lead special projects as needed (e.g., plan design updates, system conversions, enhancements, acquisitions).
• May assist with health & welfare benefits as needed.

Qualifications

• Bachelor’s Degree in HR, Finance, Business Administration/Management preferred.
• Knowledge of industry and competitive market.
• US and Canada retirement experience.

Requirements

• Advanced Microsoft Office skills, including Word, Excel, and PowerPoint.
• Proficient use of HRIS systems (Workday preferred) and benefits-related web applications.
• Proven client relationship skills with internal and external stakeholders.
• Ability to manage several projects simultaneously with competing deadlines.
• Strong organizational skills.
• Ability to keep highly sensitive human resources and compensation information confidential.

Benefits

• Medical, Dental, Vision Insurance.
• 401k, With Matching Contributions.
• Short-Term/Long-Term Disability Insurance.
• Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options.
• Paid Time Off (including sick, holiday, vacation, etc.).
• Tuition Reimbursement.
• Growth Opportunities.