Senior Manager - Retirement Programs
Senior Manager - Retirement Programs
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$ 108300 - 173400
1 Vacancy
Job Description
The Benefits team is responsible for the overall strategy design and management of benefits and resources to attract retain and develop top talent. The Senior Manager Retirement Programs is a key member of the Benefits leadership team focusing on Marriotts retirement benefits and financial wellbeing resources. This role involves developing benefit program strategies managing ongoing plan operations and vendor relationships to ensure high performance and costeffective and optimizing the employee experience as part of our holistic total rewards offering. The Senior Manager will ensure benefit plans are administered in accordance with Marriotts policies and procedures and ensure the accuracy of financial reporting. This individual will serve as the expert on Marriotts retirement plans proactively monitoring legislative changes industry trends and competitive positioning to deliver highquality retirement benefits.
The Senior Manager Retirement Programs will partner with teammates key stakeholders and crossfunctional teams such as Finance Payroll Technology and Legal to deliver a comprehensive benefits package. Additionally this role will collaborate with the Take Care team to provide financial wellness services tools and resources to associates supporting Marriotts holistic wellbeing program. This individual may also be responsible for other benefit programs and initiatives in support of Marriotts total rewards offerings
CANDIDATE PROFILE
Education and Experience
Required
Bachelors degree or equivalent experience
7 years experience in retirement plan administration consulting or management including experience with industryleading recordkeeping systems
Strong knowledge of retirement plan regulations including IRS and DOL requirements
Demonstrated excellence in program and project management
Preferred
Experience with deferred compensation programs
Experience with Collective Bargaining Agreements
Experience with International/TCN Retirement Plans
CORE WORK ACTIVITIES
Manage $10.5B in assets within US retirement plans including a qualified defined contribution plan a Puerto Rico defined contribution plan and active and frozen nonqualified defined contribution plans.
Oversee annual requirements such as nondiscrimination testing compliance materials nonqualified plan enrollment required processes and the annual audit cycle.
Manage recordkeeping and custodian vendors to ensure highquality programs and adherence to plan guidelines.
Ensure plans are administered in accordance with IRS and DOL regulations and specific plan documents.
Maintain uptodate plan documents SPDs compliance notices and participant communication materials.
Ensure the integrity of the Companys general ledger records related to retirement plans liabilities.
Develop and implement financial wellbeing tools and resources as part of Marriotts TakeCare wellbeing program.
Identify and implement improvements to policies procedures programs and benefits leveraging technology solutions and vendor resources.
Collaborate with senior leaders to develop recommend and implement retirement plan strategies to meet business needs.
Provide guidance to resolve issues that cannot be resolved by the plans recordkeepers and address plan compliance issues in partnership with Legal and the Plan Administrator.
Manage all aspects of retirement plan changes related to mergers and acquisitions.
Perform other reasonable duties as assigned.
The salary range for this position is $108300 to $173400 annually. Marriott offers a bonus program comprehensive health care benefits 401(k) plan with up to 5 company match employee stock purchase plan at 15 discount accrued paid time off (including sick leave where applicable) life insurance group disability insurance travel discounts adoption assistance paid parental leave health savings account (except for positions based out of or performed in Hawaii) flexible spending accounts tuition assistance pretax commuter benefits other life and work wellness benefits and may include other incentives such as stock awards and deferred compensation plans. Benefits and incentive compensation may be subject to generally applicable eligibility waiting period contribution and other requirements and conditions.
The compensation and benefits information is provided as of the date of this posting. Marriott reserves the right to modify compensation and benefits at any time with or without notice subject to applicable law.
Marriott International is an equal opportunity believe in hiring a diverse workforce and sustaining an inclusive peoplefirst are committed to nondiscrimination onanyprotectedbasis such as disability and veteran status or any other basis covered under applicable law.
Required Experience:
Senior Manager
Employment Type
Full-Time
