Senior Benefits Consultant - Retirement

Inova Health is looking for a dedicated Senior Benefits Consultant- Retirement to join the team. This role will be a remote, fulltime position from Monday - Friday, 8:00 a.m. - 5:00 p.m.

Inova is consistently ranked a national healthcare leader in safety, quality and patient experience. We are also proud to be consistently recognized as a top employer in both the D.C. metro area and the nation.

Featured Benefits:

• Committed to Team Member Health: offering medical, dental and vision coverage, and a robust team member wellness program.
• Retirement: Inova matches the first 5% of eligible contributions - starting on your first day.
• Tuition and Student Loan Assistance: offering up to $5,250 per year in education assistance and up to $10,000 for student loans.
• Mental Health Support: offering all Inova team members, their spouses/partners, and their children 25 mental health coaching or therapy sessions, per person, per year, at no cost.
• Work/Life Balance: offering paid time off, paid parental leave, flexible work schedules, and remote and hybrid career opportunities.

Senior Benefits Consultant- Retirement Job Responsibilities:

• Responsible for managing retirement programs to ensure Inova's benefits are market competitive and aligned to our talent strategy and team member experience.
• Manages qualified and non-qualified retirement plans (401(k), 403(b), 457(b), 457(f)) and oversees program financials, compliance, and vendor assessments.
• Collaborates with HR, Finance, and Payroll teams, as well as external vendors, to ensure seamless retirement program operations.
• Conducts audits, reconciles plan funding, authorizes payments, and resolves discrepancies in program data (e.g., contributions, vesting, eligibility).
• Develops and executes communication strategies to promote retirement plan education and participation among team members.
• Leads annual compliance initiatives, including ERISA audits, Form 5500 filings, non-discrimination testing, and policy updates in collaboration with ERISA counsel.
• Working knowledge and understanding of retirement plan administration and associated regulations and IRS tax rules.
• Builds and maintains strong vendor relationships to optimize employee experience and ensure cost-effective program management.
• Monitors retirement trends and legislation, assess impacts on existing plans, and recommends strategic changes.
• Prepares and presents metrics, reports, and analyses to senior leadership to guide decision-making.

Senior Benefits Consultant- Retirement Requirements:

• Education: Bachelor's degree
• Experience: Minimum of 5 years of benefits related experience

Senior Benefits Consultant- Retirement Preferred Qualifications:

• Bachelor's degree in Human Resource Management, Business Administration, Accounting, Finance preferred
• Proficiency with Microsoft Suite, Fidelity PSW and/or Oracle
• Experience in retirement program administration, including experience with retirement program compliance, vendor management, and employee communication.
• Experience in project management, including leading cross-functional teams and managing retirement program initiatives from conception to implementation.
• Excellent written and verbal communication skills, with the ability to effectively communicate complex retirement program concepts to employees at all levels.
• Professional certifications such as Certified Employee Benefits Specialist (CEBS), Certified Retirement Counselor (CRC), or similar credentials

This position is eligible for remote work for candidates residing in the following states - AL, AZ, DC, DE, FL, GA, KY, ME, MD, MO, NC, OH, PA, SC, TN, TX, UT, VA, WV.