US Benefits Director
3 weeks ago
The Vice President, US Benefits is a key member of the Global Human Resources (GHR) Benefits team at State Street Corporation. This role is responsible for the operational and strategic leadership, oversight, and management of the company's US benefit, leave, and retirement plans and programs.
The ideal candidate will have strong technical knowledge, communication, and presentation skills, as well as organizational capabilities. They will be a thought leader in US benefits, with the ability to think critically, a strong financial analysis background, and project management experience.
This is an individual contributor role that will interact with partners across GHR, the larger benefits team, and external vendors and consultants.
Responsibilities- Manage all aspects of US qualified and non-qualified retirement plans, health and welfare benefit programs, wellness and work/life programs, and leave of absence policies and programs from operations to strategy.
- Oversight of external consultants and US benefits vendors.
- Ensure operational compliance.
- Development of benefits strategies and recommendations to support State Street's employee value proposition.
- Oversee benefits and retirement plan analytics to ensure plan design and strategy are aligned to metrics and benchmarks and develop appropriate strategic recommendations.
- Partner with the internal Finance and Accounting teams on management of plan financials and internal budget projections, and effectively manage costs of benefit programs.
- Effectively partner with internal stakeholders (HR, Finance, Procurement, Legal, etc.).
- Oversee plan and program communications to ensure benefits are understood and valued.
- Oversee benefit compliance and reporting requirements.
- Manage preparation of any governance materials and lead presentations for governance committee meetings, as needed.
- Oversee large-scale projects and programs, including RFPs and transitions to new vendors.
- Oversee benefits-related responsibilities for US merger & acquisition activity and due diligence.
- 7+ years of experience in US benefit programs, including in-depth knowledge of retirement plans (qualified and non-qualified) and health and welfare benefit programs, leave programs, as well as regulations such as ERISA, COBRA, HIPAA, SECURE Acts 1.0 and 2.0, Section 125, etc.
- Highly organized.
- Able to work well under pressure and with little oversight.
- Excellent analytical and problem-solving skills and an in-depth financial analysis background.
- Strong presentation and project management skills, attention to detail, and an ability to communicate effectively throughout all levels of the organization.
- Exceptional Microsoft Office skills, with a focus on Excel and PowerPoint, and a strong technical aptitude.
- Bachelor's degree or equivalent.
Salary Range: $100,000 - $167,500 Annual
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