JOB SUMMARY
Job Profile Summary
As a Senior Benefits Analyst, you will be a key part of the Retirement Plans team supporting the HR Strategy and Transformation division of Human Resources. This role assists with the design, administration, governance, and communication of our employee and retiree retirement plans, specifically the 401(k) Plan. The ideal candidate will have significant experience in 401(k) administration, demonstrate strong analytical and creative problem-solving skills, have a passion for process improvement, and be comfortable communicating with employees at all levels, including leaders. This position is located in Tulsa, OK and offers a hybrid work schedule.
Essential Functions and Responsibilities
Monitor and administer activities related to the administration of employee benefit plans with limited supervision including, but not limited to (as specified by position):
Defined benefit retirement, 401(k) and profit-sharing plans
Employee stock purchase plan and stock award program
Executive Non-Qualified Deferred Compensation plan
Annual open enrollment
Monitor trends in employee benefit plans to ensure plans are competitive and comply with governmental laws and regulations. Prepare related recommendations for changes in plan design
Provide information and guidance to management, employees, retirees, regulatory agencies, consultants/actuaries, and others on matters including, but not limited to:
Benefit statements
Retirement and/or savings plans
Eligibility issues
Governmental regulations and guidelines
New hire procedures
Annual open enrollment
Compile, process, verify, prepare and/or provide guidance in the preparation of information and reports including, but not limited to:
Employee benefit coverage/costs
Correspondence to employees, vendors, etc.
Benefits statements and confirmation letters
Defined benefits estimate and funding
Legal review of benefit contracts
Conduct employee communications meetings, annual enrollment meetings, and/or retirement seminars
May lead, direct and guide staff members at lower levels
Education
Bachelor's Degree in human resources, business administration, related field, or an equivalent combination of formal education and the following job-related experience: Business Administration/Management
Work Experience
Experience with and advanced knowledge of employee benefit plans, policies, and procedures
Experience with and advanced knowledge of governmental laws and regulations pertaining to employee benefits
Experience interacting with both internal and external customers
Experience in use and function of office tools, equipment, and applicable software applications to position including using computers
Experience and/or training related to:
Human Resources System (HRS)
Benefit plans
Interpersonal/communication skills
Handling confidential information
Problem resolution
Experience researching and/or analyzing employee benefit plans, surveys, policies, reports, procedures, and correspondence
Experience reviewing and interpreting company policies and procedures, governmental regulations and guidelines, actuarial evaluations, legal opinions, contracts, and other benefit‑related documents
Experience interacting, advising, and communicating effectively
Experience developing information, conducting meetings, and making presentations
Knowledge, Skills and Abilities
Ability to: communicate and/or exchange written and verbal information; conduct oral presentations
Licenses and Certifications
Certified Employee Benefits Specialist (CEBS)-IFEBP or
Professional in Human Resources (PHR)-HRCI preferred
Strength Factor Rating - Physical Demands/Requirements
Sedentary Work - Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Strength Factor Description - Physical Demands/Requirements
Standing: Remaining on one's feet in an upright position at a work station without moving about (Occasionally)
Walking: Moving about on foot (Frequently)
Sitting: Remaining in a seated position (Constantly)
Lifting: Raising or lowering an object from one level to another (includes upward pulling) (Occasionally)
Carrying: Transporting an object, usually holding it in the hands or arms, or on the shoulder (Occasionally)
Pushing: Exerting force upon an object so that the object moves away from the force (Occasionally)
Pulling: Exerting force upon an object so that the object moves toward the force (includes jerking) (Occasionally)
Climbing: Ladders, Stairs (Occasionally)
Balancing: Maintaining body equilibrium to prevent falling (Occasionally)
Stooping: Bending the body downward and forward by bending the spine at the waist (Occasionally)
Kneeling: Bending the legs at the knees to come to rest on the knee or knees (Occasionally)
Crouching: Bending the body downward and forward by bending the legs and spine (Occasionally)
Crawling: Moving about on the hands and arms in any direction (Occasionally)
Reaching: Extending hands and arms in any direction (Constantly)
Handling: Seizing, holding, grasping, turning or otherwise working with the hand or hands (Manual Dexterity) (Constantly)
Fingering: Picking, pinching or otherwise working with the fingers primarily (Finger Dexterity) (Constantly)
Feeling: Perceiving such attributes of objects/materials as size, shape, temperature, texture, movement or pulsation by receptors in the skin, particularly those of the finger tips (Constantly)
Talking: Expressing or exchanging ideas/information by means of the spoken word (Frequently)
Hearing: Perceiving the nature of sound by the ear (Frequently)
Tasting/Smelling: (Occasionally)
Near Vision: Clarity of vision at 20 inches or less (Constantly)
Far Vision: Clarity of vision at 20 feet for more (Frequently)
Depth Perception: Three-dimensional vision; ability to judge distances and spatial relationships so as to see objects where and as they actually are (Frequently)
Vision: Color - The ability to identify and distinguish colors (Constantly)
Working Conditions/Environment
Employee is subject to inside environmental conditions
Working Conditions
Well lighted, climate controlled areas (Constantly)
Frequent repetitive motion (Constantly)
CRT (Computer Monitor(s)) (Constantly)
Travel
Travel in and around office surroundings required
Driving
Based on assigned tasks, employee may be assigned a company vehicle requiring the applicable driver's license
ONEOK is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, sex, pregnancy, sexual orientation, age, religion, creed, national origin, gender identity, disability, military/veteran status, genetic information or any other categories protected by applicable law.
The job description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ONEOK.
ONEOK is committed to making our workplace accessible to individuals with disabilities and will provide reasonable accommodations, upon request, for individuals to participate in the application and hiring process. To request an accommodation email HRSolutions@ONEOK.com or call 1-855-663-6547.
Expected Salary Range
$84,000.00 - $126,000.00