Sr Benefits Specialist (Retirement Plans)

TL;DR

Sr Benefits Specialist (Retirement Plans): Administering CME's retirement benefits including pension, 401(k), and deferred compensation plans with an accent on regulatory compliance and data integrity. Focus on managing vendor relationships, overseeing nondiscrimination testing, and ensuring operational excellence in benefits delivery.

Location: Onsite in Chicago, IL

Salary: $38.99–$64.95 per hour

Company

hirify.global is the world’s leading derivatives marketplace.

What you will do

• Oversee the administration of the cash balance Pension Plan and coordinate data provision to third-party administrators.
• Manage 401(k) and Nonqualified Deferred Compensation plans, resolving issues and coordinating investment fund changes.
• Administer executive benefits, including individual disability programs and open enrollment for nonqualified plans.
• Perform data analysis and develop report specifications to ensure benefits accuracy and system integrity.
• Manage day-to-day vendor relationships to ensure high-quality customer service for employees.
• Support ancillary benefits like PTO, wellness programs, and health and welfare plans using Workday.

Requirements

• 8+ years of direct experience in retirement benefits administration.
• Expertise in pension plans, 401(k), and nonqualified deferred compensation.
• Deep knowledge of IRS and DOL regulations, including ERISA, HIPAA, COBRA, and Form 5500.
• Strong technical skills in data analysis, file comparisons, and system testing.
• Must be based in or be able to work onsite in Chicago, IL.

Nice to have

• Experience with Workday HRIS.
• General knowledge of Health and Welfare, Insurance, and Leave plans.

Culture & Benefits

• Competitive total rewards package including an annual target bonus and broad-based equity program.
• Comprehensive health coverage and holistic benefits for employees and their dependents.
• Competitive education reimbursement and mental health benefit.
• Paid time off and a retirement package including both a 401(k) and an active pension plan.