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Senior Director, Employee Benefits

1 month ago

Wellesley, United States Sun Life Full time

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$374/US$283 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world's leading financial services companies and benefit from the stability and strength of that relationship.
We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed , valuing each other , acting with speed , and having an owner's mindset . As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.
SLC Management offers a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three or more days in-office each week with flexibility depending on their business, client, and team needs.
Job Description:
Senior Director, Employee Benefits - SLC Management
What is in it for you:
Responsible for overseeing the design, management, and implementation of the company's health, welfare, and wellness programs as part of the company's Total Rewards package. The role is responsible for recommending plan design and program changes to drive employee engagement and help improve employee physical, mental, and financial well-being in a cost-effective manner.
Partners across HR functions, with our Sun Life and SLC business partners and external vendors to develop, implement, and administer innovative, business-oriented solutions with measurable outcomes that optimize our financial investment and deliver a modern, compelling, and integrated rewards experience for each employee at moments that matter. Stays current in external trends, including technology and analytics/measurement advances and industry trends.
What you will do:
Support the implementation of global benefits and related strategies and programs, optimize benefits across the SLC platform, and identify opportunities to align practices to asset management industry.
Partner with US, Canadian, and affiliates Total Benefits and Wellness teams to support and deliver programs in alignment with business, HR, and Total Rewards priorities.
Build strong relationships with HR Business Partners and Business Leaders. Provide consultation and partnership to identify needs and priorities. This may include conducting market research, internal analysis, establishing design principles, building design alternatives, outlining implications through modeling, determining employee and cost impacts, and creating communication and transition plans.
Work collaboratively with HR and Communications teams to develop and implement effective communication and change management plans to enhance the employee experience and perceived value of our programs.
Recommend plan design changes based on benefits claim data, plan competitiveness, and the company's goal of improving the physical, mental, and financial health of employees while enhancing the success of the organization.
Ensure programs are in compliance with required legislation and ensure strong governance and records management processes are in place.
Monitor external developments and trends impacting employee reward programs and proactively identify strategies and tactics to respond.
Key member of M&A teams for HR due diligence evaluation and implementation.
Oversee health and welfare plan compliance with all federal laws (including ERISA, COBRA, and Patient Protection and Affordable Care Act) as well as applicable state and local regulations.
What you need to succeed:
Bachelor's Degree or equivalent work experience, CEBS preferred.
10+ years of experience in managing benefit programs for a mid-size to large organization with 5+ years managing a direct staff.
Strong leadership skills, able to adapt to changing priorities and engage and develop a team to deliver on key objectives.
Action-oriented, focused on execution, improving our employees' experience through continuous improvement and operational excellence.
Highly collaborative team-player, experienced in managing complexity and interacting with colleagues within the HR function, outside vendors, and brokers/consultants.
Proven business acumen to guide decision-making.
Expert knowledge and experience in the area of employee benefits and wellness plans and compliance.
For roles based in NYC, the salary range for this position is up to $269K. We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.
Why SLC Management?
Opportunity to work for a growing global institutional asset manager.
Excellent benefits and wellness programs to support the three pillars of your well-being - mental, physical, and financial - including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company-paid life and AD&D insurance as well as disability programs and more.
Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account.
A flexible work environment with a friendly, caring, collaborative, and inclusive culture focused on career growth development #WeWinAsATeam.
The opportunity to move along a variety of career paths with amazing networking potential.
Award-winning workplace culture - Great Place to Work Certified in Canada and the U.S.,

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