Retirement Benefits Specialist

Devon Energy
Houston
Workplace: OnsiteFull timeFunction: People, HR & TalentExperience: 2+ yearsEducation: bachelorsSkills: ["Analytical thinking","Critical thinking","Organizational skills","Written communication","Verbal communication"]

Analyze, interpret, and evaluate retirement and pension plan documents to ensure compliance with plan provisions and regulations. Conduct retirement calculations, plan audits, and year-end reconciliation/true-up processes, including communications to stakeholders. Support Investment Committee activities with analyses on plan investments, asset allocation, and fund performance. Research regulatory updates, assess cost and sustainability impacts, and translate complex plan details for employees and leadership.

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Devon Energy
Devon Energy
1 month ago

Retirement Benefits Specialist

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Last checked: 4 hours agoStatus: Live

Job Summary

Analyze, interpret, and evaluate retirement and pension plan documents to ensure compliance with plan provisions and regulations. Conduct retirement calculations, plan audits, and year-end reconciliation/true-up processes, including communications to stakeholders. Support Investment Committee activities with analyses on plan investments, asset allocation, and fund performance. Research regulatory updates, assess cost and sustainability impacts, and translate complex plan details for employees and leadership.
Location: Houston
Workplace: Onsite
Employment Type: Full time
Job Function: People, HR & Talent
Seniority: Mid level

Key Responsibilities

  • •Analyze and interpret retirement benefit plan documents, provisions, amendments, and regulatory requirements.
  • •Evaluate plan design and structure to identify compliance risks and optimization opportunities.
  • •Perform technical and data analysis of retirement calculations and plan experience to assess sustainability and cost impacts.
  • •Support Investment Committee activities with analyses, reports, and recommendations on plan investments and fund performance.
  • •Manage year-end reconciliation and true-up processes, including coordinating audits and preparing reconciliation reports and participant notifications.

Key Requirements

  • •Bachelor's degree in Business Administration, Human Resources, Finance, Accounting, or a related field.
  • •At least two years of progressive experience with retirement plan analysis, plan administration, or related benefits functions.
  • •Professional certification (SHRM-CP, SHRM-SCP, CEBS, or similar).
  • •Experience with plan audits, reconciliation, and year-end close processes.
  • •Thorough understanding of retirement benefits laws, regulations, ERISA compliance, and IRC requirements.
Experience:2+ yearsRetirement plans
Education:Bachelor's in Business Administration, Human Resources, Finance, Accounting, or related field
Skills:Analytical thinkingCritical thinkingOrganizational skillsWritten communicationVerbal communication
Certifications:SHRM-CPSHRM-SCPCEBS
Tech Stack:ExcelMicrosoft Office Suite

Company Brief

Devon Energy
Industry: Oil & Gas
Website