Pensions & Benefits Analyst

Job Description

Purpose of the role

To develop, implement, deliver, and provide governance to employee retirement plans and benefits programmes, and provide counsel to resolve any related issues.  

Accountabilities

• Responsible for the development, implementation and delivery of the retirement plans and benefits programmes and processes aligned to the organisation’s strategy and enabled by supporting technology where appropriate, including the resolution of any escalated retirement and benefits issues from colleagues and people leaders (either directly, through HR operational teams or through oversight of a third party).
• Responsible for ensuring that retirement plans and benefit programmes are delivered in a manner that is compliant with all applicable internal governance standards and external regulation; staying up to date with applicable legislative and regulatory changes.
• Communication and engagement to educate employees and managers on the available retirement and benefit options, such as retirement, health insurance and other benefit solutions.
• Market research and the development of appropriate retirement and benefits strategy, administration and compliance, as appropriate.
• Identification, engagement and management of external vendors/ stakeholders to manage the administration and delivery of the retirement and benefits services and provision of advice and counsel to employees and people leaders where relevant.
• Oversight and governance to all cost elements relevant to the provision of the retirement and benefits plans; ensuring that costs are appropriately forecasted, managed in line with budgets and spend approvals, and any funding requirements are actively monitored and maintained.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join Barclays as a Pensions & Benefits Analyst, where you will have the chance to support the delivery and administration of employee benefits programs in the Americas. In this role, you will partner with internal stakeholders, vendors, and governance teams to ensure benefits processes are administered accurately, efficiently, and in line with risk and control requirements. You will support employee inquiries, resolve issues, analyze benefits data, identify trends and opportunities for improvement, and contribute to the development of policies and reporting that drive informed decision-making and enhance the colleague experience. This is an exciting opportunity to play a role in maintaining a competitive and compliant benefits offering while helping Barclays attract, engage, and retain top talent.

To be successful as a Pensions & Benefits Analyst, you should have:

• Experience supporting retirement plans, employee benefits administration, or broader HR operations within a corporate environment

• Strong analytical and problem-solving skills with the ability to interpret complex data, generate insights, and produce accurate reports

• Excellent stakeholder management and communication skills, with the ability to collaborate effectively across HR, Finance, Payroll, and external providers

Other highly valued skills and experience include:

• Knowledge of employee benefit plans, employee benefits governance, and regulatory requirements within financial services or a highly regulated industry

• Advanced proficiency in HR systems, benefits platforms, and Microsoft Excel, including data analysis, reconciliation, and reporting capabilities

• Experience supporting benefit projects, process improvement initiatives, or vendor relationships to enhance operational efficiency and employee experience

This role is based in New York, NY.

Minimum Salary: $80,000
Maximum Salary: $95,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.