Compensation Benefits Manager

4 weeks ago

Overland Park, United States LHH Full time

LHH Recruitment Solutions is partnering with an organization in Overland Park, KS, and assisting them search for a new Compensation & Benefits Manager to join their team. We are seeking a dynamic Compensation & Benefits Manager to lead and manage their comprehensive benefits programs. This critical role ensures seamless benefits administration, including HR outsourcing for key areas such as benefits calculations, leave management, and enrollment platforms. Additionally, the role involves managing compensation plans, bonus programs, and executive benefits while ensuring compliance with regulatory requirements.

Responsibilities:

Pension, 401(k), and Nonqualified Deferred Compensation Plan Management:

  • Administer two 401(k) plans, one active Pension plan, and a non-qualified deferred compensation plan.
  • Address retiree inquiries across six distinct pension retiree groups.
  • Ensure accurate recordkeeping and plan documentation.

Health & Welfare Plan Management:

  • Oversee the administration of all health and welfare plans, including plan documents, communications, annual open enrollment, and compliance with 1095 reporting.

Leave Management:

  • Ensure effective management of company and state leave policies, providing guidance on administration and compliance.

Retiree Medical, Life, and AD&D Plan Management:

  • Oversee the administration of retiree medical, life insurance, and AD&D plans for 10 distinct retiree groups, ensuring seamless benefit transitions and retiree support.

Vendor Management:

  • Lead relationships with external partners, including benefits vendors, insurance brokers, and investment managers.
  • Negotiate contracts and manage service levels.

Compliance:

  • Ensure the companys benefits programs comply with all applicable laws and regulations, such as ERISA, HIPAA, COBRA, and FMLA.
  • Coordinate regulatory filings, including 5500 and 1095 forms.

Compensation Management:

  • Administer salary and bonus programs for salaried employees.
  • Conduct job evaluations to determine appropriate salary grades using Mercer WIN.

Pension Committee Chairperson:

  • Serve as the Chairperson of the Pension Committee, maintaining governance over the charter, investment policy, and fiduciary responsibilities.
  • Coordinate quarterly pension meetings.

Leadership & Team Management:

  • Lead and mentor a team of benefits professionals.

Qualifications:

  • Bachelors degree.
  • 8+ years of experience in benefits administration, including health, welfare, and retirement plans, 5500/1095 filings, plan audits, and online enrollment systems.
  • Proficiency in Excel and strong analytical skills.
  • Excellent written and verbal communication skills.
  • Exceptional attention to detail and problem-solving abilities.
  • Experience with pension and retiree benefit administration.

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