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Benefits Manager, North America

Benefits Manager, North America

Northern TrustChicago, IL, US
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North America Benefits Manager

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

The North America Benefits Manager is responsible for the planning, design, financial management, communication and administration of our regional benefit and well-being programs and plans. Leads a highly effective team to deliver modern and effective programs. Participates in developing the strategic plan, short term and long term costs of the programs. Reports to the Global Head of Benefits.

The key responsibilities of the role include :

  • Manages the Benefit function area. Conducts the performance management process, identifies training and development needs, and establishes performance standards for the team.
  • Develops, implements, and evaluates all benefits and well-being programs in the region.
  • Reviews current legislation and recommends appropriate benefit plan changes and improvements to senior management and ensures that benefit plans are in compliance with current legislated requirements in conjunction with our legal team.
  • Leads the communication strategy and planning for regional partnering with the communication and learning and development team.
  • Responsible for the development and implementation of cost effective benefit policies and programs designed to accomplish corporate business objectives.
  • Participates in developing the business unit strategic plan and sets goals and priorities based on the direction set for the unit. Follows through to ensure that objectives are met.
  • Develops unit(s) budget and manages the expenses for the unit.
  • Determines staffing needs, makes hiring and firing decisions, and ensures resources are available to accomplish priorities.
  • Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication.
  • Accountable for performance management process and staffing for the unit.
  • Oversees complex benefit design, change project plans.
  • Serves as an expert resource or go to person within a group.
  • Manages extensive, high-profile work.
  • Leads and support global benefits / well-being initiatives.

Skills / Qualifications :

  • Demonstrated, progressive benefit experience including designing and leading the strategy for a large national organization including wellbeing, paid time off and leaves, health and welfare as well as retirement plans (DC and DB).
  • Demonstrated progressively complex experience leading through a team the design of benefit programs, measuring effectiveness and governance.
  • Experience managing complex vendor relationships including RFPs, RFIs, working through scorecards, root cause analyses, etc.
  • Management experience of senior subject matter experts.
  • Excellent planning, project management, and communication skills including persuasion, education and transfer of knowledge.
  • Working Model : Hybrid (#LI-Hybrid) We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

    Salary Range :

    $137,400 - 240,400 USD

    As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

    Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

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    Manager North America • Chicago, IL, US

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