Retirement Program Manager
1 week ago
Job Summary
The Retirement Program Manager will oversee the development and administration of qualified and non-qualified benefit programs in compliance with regulatory agencies and plan documents. This role requires a deep understanding of benefits, strong financial acumen, and excellent communication skills.
Key Responsibilities
- Develops annual retirement and savings benefits budget and accrual.
- Prepares, communicates, and educates on changes in benefits, policies, and practices within the organization.
- Innovates and suggests improvements and changes in retirement plans and financial well-being programs.
- Measures and assesses the effectiveness and success of the retirement benefits offered to help drive design, innovation, and effective employee communication campaigns.
- Ensures the highest level of compliance with IRS, ERISA, and other federal laws and regulations that govern U.S. retirement plans.
- Manages and chairs the organizational administrative committees that have fiduciary and governance responsibilities over the retirement plans.
- Provides plan metrics, compliance information, and recommendations around program changes to senior executives and the governing committees.
- Works cross-functionally with the Communications team to create communication and education strategies and plans that help employees understand and take best advantage of retirement and financial well-being benefits.
- Manages the accuracy of legal retirement plan documents against administrative processes and employee-facing communication to ensure compliance.
- Ensures stakeholders, including senior leaders, are informed of new and pending legislation, regulations, and reporting requirements that affect the retirement plans and the participants in those benefits.
- Assesses, benchmarks, and holds service providers accountable for the delivery of services and contractual provisions.
- Works cross-functionally with the broader Total Rewards, Partner Resources, Legal, Tax, Payroll, Technology, Accounting & Finance teams to ensure that the development, administration, communication, changes to programs, impacts on costs, and opportunities uncovered are fully vetted.
- Coordinates and engages with ERISA attorneys, investment consultants, and other professionals as needed to support plan compliance.
- Provides strategic guidance and expertise around technology needs and data flow requirements to support programs.
- Oversees and develops strong people management skills.
- Develops and utilizes strong communication skills.
- Directs and coordinates projects.
Core Competencies
- Organizational Strategy and Implementation -- Recognizes market trends, judges the impact on their AOR, contributes to responsive strategic plans, develops AOR operational plans, articulates these plans, and ensures they are communicated to gain alignment and commitment of all AOR staff.
- Fiscal Management -- Effectively uses established processes to ensure accountability for effective operations and resource management.
- Human Resource Management -- Effectively uses established processes to select, align, develop, motivate, manage, and retain a team of highly skilled employees.
- Excellence in Service and Quality -- Achieves seamless delivery of quality patient care, safety, excellence in patient experience, and customer service. Utilizes Continuous Quality Improvement principles and platform planning in decisions, improvements, and system design.
- Organizational Leadership -- Provides leadership and accomplishes objectives by ensuring the integration of processes and initiatives while modeling collaboration. Participates and supports brand/service delivery teams as requested.
- Maintains accountability for the implementation of requirements of regulatory agencies.
- Serves as a liaison to the community.
- Duties and responsibilities as defined by specific department (if applicable).
Practices and Promotes Behavior Consistent with the Mission, Vision, and Values
Mission
Together, we inspire your best life by relentlessly caring, learning, and innovating.
Vision
Leading with love, we courageously commit to a future of healthy people and thriving communities.
Values
Belonging, Respect, Excellence, Accountability, Teamwork, Humility
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