Pensions & Benefits Manager North America

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Pensions & Benefits Manager North America

Location: Raleigh (NC) USA onsite hybrid
Department: Human Resources Pensions & Benefits
Reports To: Head of Pensions & Benefits
Type: Full-Time Permanent

The Opportunity

Join our Global Pensions & Benefits CoE as a Pensions & Benefits Manager focused on the Americas especially the USA Canada and Mexico. Key responsibilities include overseeing Insured Employee Benefits with emphasis on medical plan risk management financial control communication and stakeholder management.

Moreover you will be involved in our North America pension governance including oversight over pension regulatory reporting and in shaping and managing our pension programs strategically ensuring they are designed and implemented in line with regulatory requirements and our global governance standards.

How you will make an impact

Employee Benefits

• Oversee and control Insured Employee Benefits Programs with particular focus on medical programs/health benefits - across North America including finance strategy risk management and cost control.
• Serve as the main contact for strategic insured employee benefits in the region.
• Collaborate with cross-functional stakeholders including legal finance compliance and business at local regional and global levels including Hitachi Americas Benefits Committee of which you will be a member.
• Manage relationships with internal and external vendors ensuring quality service through coordination with the Group US Benefit Pool team and brokers.
• Develop and direct IEB financial and risk strategies with support from Group US Benefits Pool team and brokers.
• Monitor employee benefits/medical plan pools performance recommend cost-control actions and address key cost drivers.
• Provide regular risk management reports to the global and regional management.
• Shape annual renewal strategies with Group Benefit Pool teams and brokers input considering market challenges.
• Develop and provide target-oriented training to support HR and business as required.
• Draft and prepare a communication strategy and communication material to effectively support employee communication and line manager support.
  

Pensions

• Contribute to governance and management of our regional pension plans with an emphasis on regulatory reporting and compliance.
• Over time as your expertise develops your responsibilities related to pensions will grow to include:

• Providing oversight for pension program design implementation and compliance ensuring adherence to all applicable legal and regulatory requirements.
• Offering guidance on strategic and operational enhancements.
• Monitoring legislative developments evaluating risks managing costs and recommending plan modifications as appropriate.
• Responsible to ensure compliance with applicable external and internal regulations procedures and guidelines

Your Background

• 5 years of track record in US employee benefits particularly around medical plan governance - ideally within a multinational matrix organization - having an excellent understanding of the multiple challenges in the area of medical plans and health benefits.
• Solid understanding around pension and willingness to expand knowledge in the pension sphere to reach expert level in Pensions.
• Degree (minimum bachelor or similar) in Economics Business & Administration Law or comparable subject.
• Proficiency in use of IT tools/applications and strong skills to work with Microsoft Office.
• Strong ability to effectively operate in a matrix organization and expertise in communicating across business units functions and jurisdictions.
• Profound Project Management experience leading and coordinating stakeholders to achieve project objectives.
• Excellent end-to-end process thinking and analytical skills.
• Strong presentation skills and stakeholder management.
• Self-driven collaborative enthusiastic and inclusive curious and wanting to learn new things creating or responding constructively to challenging new ideas and to work effectively with a wide range of stakeholders.

More About Us

We pride ourselves on offering a holistic range of competitive benefits Io support your financial physical and mental wellbeing and personal development. We want you to truly thrive with us in work and out.

For this role depending on grade and experience. we offer the following employee benefits (subject Io the respective plan rules):

• Health Care: medical (PPO CDHP with HSA HMO) dental and vision.
• Financial Wellbeing: Employer sponsored pension - 401(k) Program with generous company match and contribution Life/AD&D Insurance disability insurance.
• Family Care: Life and Family (Legal pet auto home identity theft etc.) special needs support and adoption assistance.
• Work-Life: Enhanced leave programs (FMLA Military Service Leave Maternal Paternal adoption vacation and holiday).
• Employee Engagement and Development Employee Resource Groups (depending on location) tuition reimbursement program.

Equal Employment Opportunity (EEO)-Females/Minorities/Protected Veterans/Individuals with Disabilities

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