Retirement Benefits Director

Friday, October 11, 2024

Want to make an application Make sure your CV is up to date, then read the following job specs carefully before applying.

Motion Picture Industry Pension & Health Plans (MPI) has an immediate opportunity for the key role of Retirement Benefits Director , a member of the Senior Leadership Team, responsible for full oversight of the retirement benefits department, staff management, and all pension functions.

Please note, this is an onsite position at our offices in Studio City, CA. Local candidates only, relocation assistance is not provided.

Qualified candidates, please submit a letter of interest including compensation requirements and current resume for consideration.

MPI offers free employee medical, dental, behavioral health, vision, and life insurance ($50 / month for family coverage), retirement and pension, and generous paid time off.

The Director will manage and administer both a defined benefit (DB) pension plan and a defined contribution (DC) plan. The Director must maintain an in-depth knowledge of pension benefit processing, pension regulations, as well as Trust Fund rules and organizational policies.

This is a leadership role requiring strong people management experience.

Responsibilities :

• Coordinates monthly, quarterly, and annual processes, such as 1099R, and state tax reporting, retirement seminars, 5500 and SSA schedules, tax and annuity table updates in system, production of annual benefit statements, annual and quarterly allocations, etc.
• Reviews and approves various benefits processes, calculations, and disbursements, including retirements, minimum distributions, QDRO and annuity conversions, etc.
• Manages and leads the work of the teams involved in benefit inquiries, application fulfillment, reconciling and producing monthly pension disbursements, weekly DC withdrawal requests, and maintenance of retirement account balances.
• Hires, trains, coaches, develops, and provides performance management to staff of 25.
• Resolves benefit and payment issues and assists with participant counseling on complex and / or sensitive cases.
• Develops and presents retirement education materials to participants, including contributing articles to the quarterly participant newsletter.
• Directs and assists in the handling and preparing of benefit appeals to the Board of Directors.
• Ensures delivery of excellent participant services by providing guidance, training, and development of team members.
• Performs complex benefits analysis and approves payment actions.
• Works with IT to maintain cyclical processes such as payment reconciliations, quarterly state filings, annual 1099R IRS filings, supporting reports for Form 5500 filings, and annual statements for Plan participants.

Qualifications :

• Minimum of 7+ years multi-employer pension benefit experience including pension processing; third-party administration or Taft-Hartley experience strongly preferred.
• Progressive level of management experience, including at least 7+ years leading and managing staff at all levels.
• Excellent oral and written communication and presentation skills and a proactive approach to building working relationships with all levels of personnel and external stakeholders.
• Ability to handle multiple tasks with changing priorities, communicate changes in process or benefits, as well as adhering to reporting and other deadlines.
• Strong analytical and problem-solving skills, attention to detail and high standards in quality and accurate reporting.
• Strong leadership traits to inspire and motivate the team, embracing diversity of thought, background, and experience.
• Intermediate proficiency level in Microsoft Excel, Word, and PowerPoint required, as well as a working knowledge of multi-employer DB and DC recordkeeping systems, such as Sagitec or Vitech V3 preferred.
• Experience working in a union environment a plus.

The anticipated base salary for this position is $180,000-$220,000 annually. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held.

Submissions will be reviewed; only candidates most closely matching the requirements of the position will be contacted.

Please note, this is an onsite position at our offices in Studio City, CA. MPI requires employees to be vaccinated against Covid-19 with exceptions as required by law.

About MPI :

Located in Studio City, CA, the Motion Picture Industry Pension and Health Plans (MPI) are multi-employer trust funds established by collective bargaining agreements between various employers and over 30 Unions and Guilds representing employees in the motion picture industry.

Recognized as an Employer of Choice for its employee-focused work environment, competitive compensation and benefits, MPI is a recipient of the World at Work Seal of Distinction and is Great Place to Work Certified!

Motion Picture Industry Pension & Health Plans (MPI) is an equal opportunity employer and does not discriminate against any applicant or employee on the basis of race, religion, color, national origin, ancestry, sex, sexual orientation, gender identity, age over 40, marital status, veteran status, mental or physical disability, pregnancy, genetic information, or any other basis prohibited by law.

Any applicant who, because of disability, requires accommodation or assistance in completing this application or at any time during the application process should contact the Human Resources Department.

MPI also provides reasonable accommodations to disabled employees consistent with its obligations under applicable law.

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