HR - Benefits - Manager - Employee Benefits

Overview

JOB TITLE : Manager Employee Benefits DEPARTMENT : Human Resources STATUS : Exempt JOB CODE : 6382

PAY SCALE : $122,900.00 - $150,000.00 Annually

General Description

Assists VP, Human Resources in the strategic planning, design and implementation of all employee benefit programs. Manages and oversees the effective administration of employee health and welfare benefits, wellness, and leaves of absence administration programs for Golden 1 Credit Union. Ensures compliance with Credit Union policies and all external rules and regulations covering areas of responsibility. Role is responsible for a team of benefits and leave administration specialists and provides direction and leadership to department staff. Proactively participates in achieving organizational and departmental strategic goals and objectives. Is part of the Human Resources Leadership team.

Responsibilities

• Lead the administration of employee benefits programs such as retirement plans; medical, dental, vision; life insurance plans; temporary disability programs; and wellness programs.
• Spearhead benefits coverage evaluation, negotiations with brokers and vendors, benchmarking, and cost analysis as well as policy and strategy implementation.
• Implement new plans and / or changes to existing plans by preparing announcement materials, plan summary documents and other media for communicating plans to employees. Conduct employee meetings and arrange for enrollment.
• Manage annual open enrollment including preparation and delivery of all communications.
• Enhance employee benefits communications and messages to ensure benefits are understood and valued.
• Ensure compliance with all regulatory requirements by maintaining a strict compliance schedule and continually assessing the company's benefit plans and processes.
• Oversee preparation of reports, filings, and applications required by law to be filed with federal and state agencies.
• Under the direction of the Corporate Retirement Committee lead the 401(k) and 457(B) retirement administration meetings.
• Coordinate with the Wellness Coordinator for potential suggestions on reducing overall healthcare cost.
• Oversee carrier bill reconciliation.
• Provide a strong vendor management program with all outside vendors to ensure quality and cost are reviewed on a regular basis.
• Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
• Foster a positive and engaging work environment for each team member by promoting skill development, coaching for improvement and growth, inspiring others through your words and actions, ensuring positive employee morale throughout Golden 1, and embracing our mission, vision and core values.
• Perform other jobs as assigned by the Vice President-Human Resources, CHRO.
• Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities, establish, and maintain control activities that mitigate those risks consistent with the Credit Union's risk appetite, and ensure operational integrity and compliance with applicable regulations.

Physical Skills, Abilities, and Exertion

Organizational Contacts & Relationships

Qualifications

Physical Requirements

Licenses / Certifications

REV. 12 / 28 / 2022

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