Pensions & Benefits Analyst

Join Barclays as a Pensions & Benefits Analyst in New York, NY, where you will support the delivery and administration of employee benefits programs in the Americas. Partner with internal stakeholders, vendors, and governance teams to ensure benefits processes are administered accurately, efficiently, and in line with risk and control requirements.

Purpose of the role

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

Responsibilities

• Develop, implement, and deliver retirement plans and benefits programs and processes aligned to the organization’s strategy, including resolution of escalated retirement and benefits issues from colleagues and people leaders (directly, through HR operational teams, or through oversight of a third party).
• Ensure retirement plans and benefit programs are delivered in compliance with all applicable internal governance standards and external regulations; stay up to date with legislative and regulatory changes.
• Communicate and engage with employees and managers to educate them on available retirement and benefit options, such as retirement, health insurance, and other benefit solutions.
• Conduct market research and develop appropriate retirement and benefits strategy, administration, and compliance.
• Identify, engage, and manage external vendors/stakeholders to administer and deliver retirement and benefits services, and provide advice and counsel to employees and people leaders where relevant.
• Oversee and govern all cost elements relevant to the provision of retirement and benefits plans; ensure costs are appropriately forecasted, managed in line with budgets and spend approvals, and funding requirements are actively monitored and maintained.

Requirements

• 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.

Qualifications

• 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.

Analyst Expectations

• Perform prescribed activities in a timely manner and to a high standard, consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in the assigned area of expertise.
• Thorough understanding of the underlying principles and concepts within the area of expertise.
• Lead and supervise a team, guiding and supporting professional development, allocating work requirements, and coordinating team resources (if applicable).
• For individual contributors, develop technical expertise in the work area, acting as an advisor where appropriate.
• Impact the work of related teams within the area.
• Partner with other functions and business areas.
• Take responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies/procedures appropriately.
• Take responsibility for embedding new policies/procedures adopted due to risk mitigation.
• Advise and influence decision-making within your area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to.
• Deliver work and areas of responsibility in line with relevant rules, regulations, and codes of conduct.
• Maintain and continually build an understanding of how your sub-function integrates with the broader function, alongside knowledge of the organization’s products, services, and processes.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the organization’s sub-function objectives.
• Make evaluative judgments 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 guided by precedents.
• Guide and persuade team members and communicate complex/sensitive information.
• Act as a contact point for stakeholders outside of the immediate function, while building a network of contacts outside the team and external to the organization.

Values and Mindset

• Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship.
• Demonstrate the Barclays Mindset: Empower, Challenge, and Drive.

Pay

Minimum Salary: $80,000
Maximum Salary: $95,000
The minimum and maximum salary information includes only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.