Retirement Benefits Consultant

Thrivent

Job Location:

Minneapolis, MN - USA

Yearly Salary: $ 109268 - 147832

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

The Retirement Benefits Consultant brings expert-level knowledge to the design development implementation and support of strategic benefit initiatives. This role ensures that Thrivent maintains market competitiveness while focusing on the financial emotional and physical well-being of employees and their families. The position manages relationships with benefit vendors and works closely with both internal and external partners to ensure benefit programs comply with plan documents and regulatory compliance requirements.

DUTIES & RESPONSIBILITIES:

Understand the competitive landscape and emerging trends to ensure our overall benefit package aligns with our talent strategy and is meaningful to our workforce.
Lead or support a variety of retirement benefit initiatives which could include competitiveness analysis program design RFPs acquisition or vendor implementation workforce communication or other initiatives that support Thrivents strategy.
Manage short- and long-termfinancial impactof retirement benefit programs to Thrivent and our workforce through plan design proactive programoversightand shared accountability.
Act as a partner and consultantforhealth & welfare and retirement benefit programs managing vendor relationships and responding to workforce escalationsas needed.
Remaincurrent with legislative and regulatory requirements and ensure our benefit plans are administeredin accordance withplan documents andregulatoryrequirements.
Maintain close working relationships with internal and external partners including vendors consultants HR team members legal counsel finance partners and communications staff.
Ensureplan documentsare compliant with federal and state regulations.
Lead benefit program projects and initiatives.
Develop a comprehensive retirement communications strategy that effectivelydemonstratesthe value of Thrivent retirement programs to both current and prospective employees.

QUALIFICATIONS & SKILLS:

Required:

Bachelors degree or equivalent advanced degree preferred.
Expert-level analytical skill isrequiredto interpret pension 401(k) and non-qualified plan provisions and certify accuracy of calculations.
8-10 years experience in the administration of qualified and non-qualified retirement plans.
Provide direction and guidance to team members as it relates to retirement benefits.
Mustbe able to communicate complex matters in a way that non-technical participants beneficiaries and/or Senior Management can understand.
Able to communicate at all levels.
Ability to solve complex problems and bring new perspectives to existing solutions.
Able tothink strategically
Able to lead your own work and deliver on expected outcomes.

Preferred:

Highly organized proactive and team player
Highly collaborative and effective at influencing without authority
Strong project management and communication skills
Analytical financial acumen and understanding of benefits budgeting and expense requirements
Experience with Workday
CEBS/CBPcertification

Pay Transparency

Thrivents long-term growth depends on attracting rewarding and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract reward and retain top talent. The applicable salary or hourly wage range for this full-time role is $109268.00 - $147832.00 per year which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including but not limited to location relevant experience skills and knowledge business needs market demand and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

The following benefits may be offered: various bonuses (including for example annual or long-term incentives); medical dental and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivents plans/policies are subject to change at any time at Thrivents discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race religion color sex gender identity sexual orientation pregnancy national origin age disability marital status citizenship status military or veteran status genetic information or any other status protected by applicable local state or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation please let us know by sending an email toor calland request Human Resources.

Required Experience:

Contract

DUTIES & RESPONSIBILITIES:

Understand the competitive landscape and emerging trends to ensure our overall benefit package aligns with our talent strategy and is meaningful to our workforce.
Lead or support a variety of retirement benefit initiatives which could include competitiveness analysis program design RFPs acquisition or vendor implementation workforce communication or other initiatives that support Thrivents strategy.
Manage short- and long-termfinancial impactof retirement benefit programs to Thrivent and our workforce through plan design proactive programoversightand shared accountability.
Act as a partner and consultantforhealth & welfare and retirement benefit programs managing vendor relationships and responding to workforce escalationsas needed.
Remaincurrent with legislative and regulatory requirements and ensure our benefit plans are administeredin accordance withplan documents andregulatoryrequirements.
Maintain close working relationships with internal and external partners including vendors consultants HR team members legal counsel finance partners and communications staff.
Ensureplan documentsare compliant with federal and state regulations.
Lead benefit program projects and initiatives.
Develop a comprehensive retirement communications strategy that effectivelydemonstratesthe value of Thrivent retirement programs to both current and prospective employees.

QUALIFICATIONS & SKILLS:

Required:

Bachelors degree or equivalent advanced degree preferred.
Expert-level analytical skill isrequiredto interpret pension 401(k) and non-qualified plan provisions and certify accuracy of calculations.
8-10 years experience in the administration of qualified and non-qualified retirement plans.
Provide direction and guidance to team members as it relates to retirement benefits.
Mustbe able to communicate complex matters in a way that non-technical participants beneficiaries and/or Senior Management can understand.
Able to communicate at all levels.
Ability to solve complex problems and bring new perspectives to existing solutions.
Able tothink strategically
Able to lead your own work and deliver on expected outcomes.

Preferred:

Highly organized proactive and team player
Highly collaborative and effective at influencing without authority
Strong project management and communication skills
Analytical financial acumen and understanding of benefits budgeting and expense requirements
Experience with Workday
CEBS/CBPcertification