drjobs Manager, U.S. Retirement

Manager, U.S. Retirement

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1 Vacancy
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Job Location drjobs

Warren - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Description

Work Arrangement:

This role is categorized as hybrid. This means the successful candidate is expected to report to Warren three times per week at minimum.

The Role:

The Manager U.S. Retirement will report to the Director Global Benefits Labor Relations and Hourly Compensation and lead a team responsible for development design and operations supporting Defined Contribution Plans Defined Benefit Plans Health Savings Accounts profit sharing and financial wellbeing strategy.

This position is responsible for the strategy development analysis assessment and operations of the salaried and hourly plans listed above. Key components include:

  • Analysis of plan data and recommendation of future strategic initiatives for financial wellness and retirement readiness
  • Strategic plan benchmarking studies
  • Development of the annual retirement and savings plan design and recommendations
  • Develop bargain and implement U.S. hourly pension savings and profit sharing and manage ongoing relationship with union partners
  • Support Labor Relations in development of labor strategy
  • Develop plan language and recommend updates to existing plan provisions including partnering with thirdparty administrators on benefit design implementation communication and delivery
  • Analyze proposed and current legislative and regulatory changes (PBGC DOL ERISA) and recommend plan strategies as appropriate
  • Assess best practices in the marketplace and recommend new technology or tools to facilitate employee engagement in personal financial management
  • Evaluate and make recommendations for new technology (i.e. mobile applications for retirement readiness) and research stateoftheart retirement/financial planning products
  • Management of annual pension valuation census data report and assumptions in support of plan administrator certification process
  • Complete monthly quarterly and annual internal control tasks
  • Update Summary Plan Descriptions
  • Support pension and savings plan audits internal and external
  • Develop training and communications materials for Union Benefits Conferences Union Benefit Representatives and salaried employees
  • Provide direction and collaborate with GM Labor Relations Human Resources Policy Legal Tax Finance Treasury Operations and thirdparty administrators
  • Oversee daily operations of retirement and savings programs for U.S. salaried hourly executive active employees and retirees as applicable
  • Flawlessly implement changes to existing or new benefit programs
  • Ensure governance compliance and fiduciary responsibilities of benefit programs
  • Have a process excellence mindset by identifying opportunities for greater standardization process documentation automation and participant education to improve employee experience and plan outcomes
  • Manage third party vendor relationships and competitive bids with crossfunctional support
  • Create a positive environment with a focus to develop motivate and mentor the team
  • Oversee the development implementation and communication of listed benefit programs and provide counsel and disposition regarding the administration of those policies and procedures
  • Determine appropriate solutions and oversee the resolution of special or complex administration matters
  • Review and implement plan amendments/restatements
  • Develop standard operating procedures to standardize and streamline processes by utilizing best practices for all administration duties.
  • Interact with service providers to proactively identify problems and issues and work to resolve and preserve data integrity
  • Manage all administration special projects that may arise from regulatory business or negotiated changes. Ex: SECURE 2.0
  • Conduct research identify data/metrics for analysis to aid in developing plan design strategy and labor negotiations

Additional Job Description

Qualifications:

  • Bachelors degree in business Human Resources Finance or related field or related experience.
  • 8 years of experience in U.S. benefits specifically Defined Benefit and Defined Contribution plans
  • 5 years of leadership experience
  • Ability to understand the regulatory and compliance environment in the U.S. and impact to benefit programs
  • Experience in union relationships
  • Ability to interact comfortably with employees and leaders at all levels and proven ability to work in a team environment
  • Ability to think creatively and strategically
  • Capability to simultaneously manage multiple tasks and projects
  • Ability to prioritize and be responsive to rapidly changing priorities
  • Project management change management and continuous improvement experience preferred
  • Highly proficient analytical organizational and project management skills
  • Expertise to present data findings and potential actions/solutions to stakeholders

Skills/Competencies:

  • Ability to work collaboratively
  • Powerful analytical skills
  • Effective consulting skills
  • Strategic thinking skills to translate program design into operational requirements
  • Ability to prioritize and balance sense of urgency
  • Strong communication skills
  • Managerial courage
  • Interpersonal Savvy
  • Ability to manage ambiguity
  • Ability to solve complex problems
  • Flexibility and organizational agility
  • Vendor management capability
  • Broad understanding of data relationships systems functionality/feeds and connectivity to external vendors

Relocation:

  • This job may be eligible for relocation benefits.

GM DOES NOT PROVIDE IMMIGRATIONRELATED SPONSORSHIP FOR THIS ROLE. DO NOT APPLY FOR THIS ROLE IF YOU WILL NEED GM IMMIGRATION SPONSORSHIP (e.g. H1B TN STEM OPT etc.) NOW OR IN THE FUTURE.

#LINR1

About GM

Our vision is a world with Zero Crashes Zero Emissions and Zero Congestion and we embrace the responsibility to lead the change that will make our world better safer and more equitable for all.

Why Join Us

We aspire to be the most inclusive company in the world. We believe we all must make a choice every day individually and collectively to drive meaningful change through our words our deeds and our culture. Our Work Appropriately philosophy supports our foundation of inclusion and provides employees the flexibility to work where they can have the greatest impact on achieving our goals dependent on role needs. Every day we want every employee no matter their background ethnicity preferences or location to feel they belong to one General Motors team.

Benefits Overview

The goal of the General Motors total rewards program is to support the health and wellbeing of you and your family. Our comprehensive compensation plan incudes the following benefits in addition to many others:
Paid time off including vacation days holidays and parental leave for mothers fathers and adoptive parents;
Healthcare (including a triple tax advantaged health savings account and wellness incentive) dental vision and life insurance plans to cover you and your family;
Company and matching contributions to 401K savings plan to help you save for retirement;
Global recognition program for peers and leaders to recognize and be recognized for results and behaviors that reflect our company values;
Tuition assistance and student loan refinancing;
Discount on GM vehicles for you your family and friends.

Diversity Information

General Motors is committed to being a workplace that is not only free of discrimination but one that genuinely fosters inclusion and belonging. We strongly believe that workforce diversity creates an environment in which our employees can thrive and develop better products for our customers. We understand and embrace the variety through which people gain experiences whether through professional personal educational or volunteer is proud to be an equal opportunity employer.


We encourage interested candidates to review the key responsibilities and qualifications and apply for any positions that match your skills and capabilities.

Equal Employment Opportunity Statements

GMis an equal opportunity employer and complies with all applicable federal state and local fair employment practices laws. GM is committed to providing a work environment free from unlawful discrimination and advancing equal employment opportunities for all qualified individuals. As part of this commitment all practices and decisions relating to terms and conditions of employment including but not limited to recruiting hiring training promotion discipline compensation benefits and termination of employment are made without regard to an individuals protected characteristics. For purposes of this policy protected characteristics include an individuals actual or perceived race color creed religion national origin ancestry citizenship status age sex or gender (including pregnancy childbirth lactation and related medical conditions) gender identity or gender expression sexual orientation weight height marital status military service and veteran status physical or mental disability protected medical condition as defined by applicable state or local law genetic information or any other characteristic protected by applicable federal state or local laws and ordinances. If you need a reasonable accommodation to assist with your job search or application for employment email us ator call us at. In your email please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.


Required Experience:

Manager

Employment Type

Full-Time

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