Manages and implements corporate Retirement programs, including Defined Benefits Plans, Defined Contribution Plan, and all Retiree education and communication both internally as well as through outsourced services. Responsible for ensuring programs meet employees needs, comply with legal requirements, and are cost-effective. Manages relationships with all third party vendors, including outsourced retirement plan service providers. Prepares and submits government-mandated reports. Assists in external audits of retirement plans.
Coordinates information to employees and former employees about retirement programs, procedures, changes, and government-mandated disclosures. Develops and manages retirement education initiatives. Coordinates transfer of data to external vendors, plan providers, and consultants. Conducts research and analysis on existing retirement programs to measure effectiveness and competitiveness. Recommends Retirement plan changes to management. Member of Investment Committee for retirement plans. Coordinates notification of employees and labor union representatives of changes in Retirement programs. Assists in labor contract negotiation preparation. Maintains knowledge of and analyzes government regulations, retirement program trends, and prevailing practices among similar organizations. Leads in the development of the Retirement Plans budget. Monitors actual results compared to plan.
All employee groups, retirees, HR Mgt. Investment Committee.
Education and Certifications
Bachelor’s degree finance or accounting. Qualified 401k Administrator (QKA).
Master’s degree - business administration. Additional professional certifications (CBP, CEBS, CPA).
4 - 6 years mid-size (1,000-5,000 participants) DB and DC plan administration experience.
Experience managing in an outsourced environment.
Functional/Technical Competency Requirements
Oracle HR Systems, DC/DB modeling software.