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Manager, Retirement Benefits
Manager, Retirement BenefitsBlue Cross Blue Shield of Michigan • Detroit, MI, US
Manager, Retirement Benefits

Manager, Retirement Benefits

Blue Cross Blue Shield of Michigan • Detroit, MI, US
1 day ago
Job type
  • Full-time
Job description

Overview

Seeking highly experienced and results-driven Retirement Benefits manager to develop and lead a team focused on delivering exceptional customer service through operational excellence. The ideal candidate is a strategic thinker with strong background in retirement plan compliance, project management, and proven leadership skills. Key responsibilities will include modernizing / transforming retirement processes, fostering a high-performing team culture, and driving continuous improvement to achieve the organization's objectives.

Responsibilities

  • Assess business challenges and opportunities related to retirement programs and employee experience and pioneer solutions to improve outcomes and enhance overall experience.
  • Foster individual development through continuous learning, providing opportunities for team members to acquire new skills, and providing timely coaching and feedback.
  • Maintain strategic partnerships with vendors to ensure delivery of services that meet or exceed the established service level agreements / standards.
  • Manage activities and projects to ensure efficient day-to-day operations (standard deliverables, ad hoc reporting, invoices, department budgets) and enable the Director to make informed, strategic decisions that drive business outcomes.
  • Manage internal and external audits of retirement programs, both qualified and non-qualified plans, to maintain compliance with regulations and plan documents.
  • In collaboration with ERISA counsel, maintain summary plan descriptions and plan documents to be compliance with applicable legislation such as ERISA, DOL, IRS codes.
  • Research, analyze and develop information to support corporate policies and initiatives in daily dealings with individuals, union organizations, and / or departments in the corporation. Collaborate effectively with vendors, ERISA counsel, payroll, and other departments as necessary to achieve the best resolution.
  • Supply data and recommendations to support corporate decisions, complete regulatory filings, and resolve escalation.
  • Utilize emerging technology (i.e. AI tools) to develop, enhance, and modernize communication materials including intranet webpages, internal and external communications, and benefit summaries to enhance employee education.
  • Prepare and present information to business partners on retirement programs and related topics.
  • Ensure that team members and vendors adhere to applicable internal policies and procedures and external laws and regulations.
  • Maintain professional knowledge in area of expertise through conferences, professional publications and seminars.

Qualifications

  • Bachelor's Degree in Business Administration, Human Resource Management, Mathematics, Actuarial Science, Finance, or related area preferred.
  • Experience working with ERISA, DOL, and IRS codes, legislation, and practices.
  • Five to ten years of experience in Human Resources, benefits administration or related area including experience in a leadership role. Minimum five years of experience working with defined contribution and / or defined benefit plans.
  • Excellent analytical, organizational, problem resolution, verbal and written communication skills.
  • Ability to work effectively in a collaborative team environment is essential.
  • Thorough knowledge of ERISA and other applicable laws.
  • Proficient in Microsoft Office (Excel, Word, PowerPoint).
  • Other related skills and / or abilities may be required to perform this job.
  • Seniority level

    Not Applicable

    Employment type

    Full-time

    Job function

    Human Resources

    Industries

    Wellness and Fitness Services, Hospitals and Health Care, and Insurance

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    Benefit Manager • Detroit, MI, US

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