• The role is responsible for the day to day to administration of the 401(k) and Cash Balance Pension plan.
  • Ensure accuracy of plan recordkeeping and data.
  • Research and respond to/resolve inquiry call from the vendor concerning operational issues (data files, funding, escalated employee issues etc.)
  • Coordinate regulatory filing requirements, annual audits, and assist treasury with financial reconciliations as needed.
  • Act as point of contact for 401(k) Third Party Administrator of the retirement plans.
  • Manage daily escalated issues and follow through with resolutions.
  • Partner with GIS and vendor to resolve any data and pay issues.
  • Reconcile payroll contributions with the vendor and prepare funding request.
  • Coordinate required materials for SOX and walk-throughs with various members of Internal Controls and external auditors.
  • Assist with the annual 401(k) and Cash Balance plans audit with independent auditor.
  • Create retirement profiles and cost spreadsheets as needed.
  • Maintain Executive life insurance policies; coordinate annual premium payments for approval and liaise with Payroll to report imputed income.
  • Assist with PBGC filing, Form 5500 filing, annual pension valuation, annual Cash Balance roll-up, annual 401(k) true-up contributions, compliance mailings, and other ad-hoc projects relating to the retirement plans.
  • Coordinate monthly non-qualified lump sum payments for approval.
  • Provide monthly retiree reports to the Retiree Gratis department.
  • Update 401(k) enrollments and changes in HR system for RSL employees, as needed.

Qualifications

• Basic knowledge of outsourced 401(k) plans administration/ knowledge of Defined Benefits Cash Balance Plans a plus
• Knowledge of Microsoft Office Suite (Intermediate Excel, Outlook, PowerPoint, and Word
• Strong written and verbal communication skills
• Strong organizational and attention to detail skills
• Strong customer service skills
• Ability to work under tight deadlines and prioritize responsibilities
• Ability to handle and maintain confidential information
• Ability to work effectively in a fast-paced environment
• Ability to learn new concepts and skills quickly
• Ability to work well with others, build and maintain good interpersonal relationships and be customer service oriented

The anticipated hourly range for this position is $31.25 to $49.25. Exact hourly rate depends on several factors such as experience, skills, education, and budget. Hourly range may vary based on geographic location. In addition to hourly rate, this position may be eligible for an annual discretionary bonus.

In addition, The Estée Lauder Companies offers a variety of benefits to eligible employees, including health insurance coverage, wellness and family support programs, life and disability insurance, retirement savings plans, paid leave programs, education-related programs, paid holidays and vacation time, and many others. Many of these benefits are subsidized or fully paid for by the company.

Job: Human Resources
Primary Location: Americas-US-NY-New York
Job Type: Standard
Schedule: Full-time
Shift: 1st (Day) Shift
Job Number: 2312079

We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. It is Company's policy not to discriminate against any employee or applicant for employment on the basis of race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances. The Company will endeavor to provide a reasonable accommodation consistent with the law to otherwise qualified employees and prospective employees with a disability and to employees and prospective employees with needs related to their religious observance or practices. Should you wish to apply for this position or any other position with the Company and you believe you require assistance to complete an application or participate in an interview, please contact USApplicantAccommodations@Estee.com.

The Estée Lauder Companies (ELC) is the global leader in prestige beauty. ELC is the only company focused solely on prestige makeup, skin care, fragrance and hair care with a diverse portfolio of 25+ brands sold in approximately 150 countries and territories. Infused throughout the organization is a passion for creativity and innovation — a desire to push the boundaries and invent the unexpected — as we continue the bold work of the company’s founder Estée Lauder.