Benefits Manager, North America
Benefits Manager, North America
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$ 137400 - 240400
1 Vacancy
Job Description
About Northern Trust:
Northern Trust a Fortune 500 company is a globally recognized award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
Role/Department: NA Benefits Manager/Benefits (Total Rewards)
The North America Benefits Manager is responsible for the planning design financial management communication and administration of our regional benefit and well-being programs and plans. Leads a highly effective team to deliver modern and effective programs. Participates in developing the strategic plan short term and long term costs of the programs. Reports to the Global Head of Benefits.
The key responsibilities of the role include:
Manages the Benefit function area. Conducts the performance management process identifies training and development needs and establishes performance standards for the team.
Develops implements and evaluates all benefits and well-being programs in the region.
Reviews current legislation and recommends appropriate benefit plan changes and improvements to senior management and ensures that benefit plans are in compliance with current legislated requirements in conjunction with our legal team.
Leads the communication strategy and planning for regional partnering with the communication and learning and development team.
Responsible for the development and implementation of cost effective benefit policies and programs designed to accomplish corporate business objectives.
Participates in developing the business unit strategic plan and sets goals and priorities based on the direction set for the unit. Follows through to ensure that objectives are met.
Develops unit(s) budget and manages the expenses for the unit.
Determines staffing needs makes hiring and firing decisions and ensures resources are available to accomplish priorities.
Provides leadership and guidance to staff fostering an environment that encourages employee participation teamwork and communication.
Accountable for performance management process and staffing for the unit.
Oversees complex benefit design change project plans.
Serves as an expert resource or go to person within a group.
Manages extensive high-profile work.
Leads and support global benefits/well-being initiatives.
Skills/ Qualifications:
Demonstrated progressive benefit experience including designing and leading the strategy for a large national organization including wellbeing paid time off and leaves health and welfare as well as retirement plans (DC and DB).
Demonstrated progressively complex experience leading through a team the design of benefit programs measuring effectiveness and governance.
Experience managing complex vendor relationships including RFPs RFIs working through scorecards root cause analyses etc.
Management experience of senior subject matter experts.
Excellent planning project management and communication skills including persuasion education and transfer of knowledge.
Working Model: Hybrid (#LI-Hybrid)
We have a balanced hybrid working model to ensure you get the flexibility you need and the successful candidate will spend their time between working in the office and working from home.
Salary Range:
$137400 - 240400 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .
We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Required Experience:
Manager
Employment Type
Full-Time
