drjobs Benefits Plans Manager - Newark NJ

Benefits Plans Manager - Newark NJ

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company

Federal Reserve Bank of Atlanta

As an employee of the Atlanta Fed working for the Office of Employee Benefits (OEB) in Newark NJ you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast the United States and the world. The work we do here is important and how we do it is just as important as what we do. We live our values of integrity excellence and respect every day. We do the right thing we do things right and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

We are a dynamic environment that requires days in the office. In office requirements as amended from time to time are an essential function of the position.

You will be working in Newark NJ for a division of the Federal Reserve Bank of Atlanta (Office of Employee Benefits OEB) and will be responsible for managing benefit programs across the Federal Reserve System. Develop and execute plans pertaining to benefits offerings in alignment with Federal Reserve Banks and OEBs strategic objectives. You will work with Federal Reserve System (Banks and Board) and Consumer Financial Protection Bureau (CFPB) payroll and HR groups on plan interpretations participant inquiries and appeals and payroll matters impacting the benefits plans. Accountable for the daytoday operations and administration of one or more of the Systems retirement and executive benefits plans. Provide guidance in addressing benefits related issues and interpret applicable plan provisions legislation and regulations pertaining to the administration of the benefits plans.

You will work closely with staff management and senior leadership to deliver toptier benefits programs to plan participants and stakeholders. Ensure that programs practices and policies comply with applicable laws and regulations. You will report to the SVP Plan Administration.

Key Responsibilities:

  • Research complex issues and respond to inquiries from service providers stakeholders and plan participants.

  • Responsible for developing and leading training and information sessions on benefits plans for senior executives System HR personnel and plan participants.

  • Accountable for daytoday operations and administration of one or more Federal Reserve System benefits plans.

  • Provide oversight and direction to team of experienced professionals involved in the administration of benefits plans and management of external vendors.

  • Focus on policy and strategy implementation.

  • Influence others outside of their own job area regarding policies practices and procedures.

  • Advise and educate other members of the department on various benefits topics including new benefit programs regulatory changes and policies and procedures.

  • Mix of strategic tactical and transactional responsibilities.

Education: Bachelors Degree or 4 years equivalent experience; Masters Degree preferred

Experience: Eight plus years preferred

Knowledge Areas:

  • Extensive experience with qualified and nonqualified benefits plans and executive benefits plans.

  • Knowledgeable of governmental plans payroll/HRIS systems and benefits recordkeeping services.

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

  • Comprehensive healthcare options (Medical Dental and Vision)

  • 401K match and a fully funded pension plan

  • Paid vacation and holidays; flexible work environment

  • Generously subsidized public transportation

  • Education Assistance Program

  • Professional development programs training and conferences

  • And more

This is not necessarily an exhaustive list of all responsibilities duties performance standards or requirements efforts skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies rush jobs change in workload or technological developments).

The Federal Reserve Bank of Atlanta is an equal opportunity employer.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Human Resources Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.

Privacy Notice


Required Experience:

Manager

Employment Type

Full-Time

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