1 Director of Employee Benefits Job in Worcester, MA

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Director of Employee Benefits

COLLEGE OF THE HOLY CROSS

Worcester, MA | Full Time

$170k-212k (estimate)

2 Weeks Ago

Director of Employee Benefits

$170k-212k (estimate)

Full Time | Colleges & Universities 2 Weeks Ago

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COLLEGE OF THE HOLY CROSS is Hiring a Director of Employee Benefits Near Worcester, MA

Job Summary

Reporting to the CHRO, the Director of Employee Benefits is part of a team that is committed to the delivery of HR services that meet the highest level of professional standards. The Director is responsible for maintenance and management of benefit programs, including the creation of new programs, changes to existing programs and the termination of programs, as appropriate. The Director manages plan enrollments, plan design, plan communications and plan compliance (including required record keeping, auditing, filing, reporting, and notifications). The Director is responsible for communications, including HR website content, in connection with those areas under their purview. The Director leads a group which provides high quality customer service to College and external constituents, with individual College employees being the single most important constituency. The Director is one of a team of HR leaders who work closely together to coordinate and integrate their work in the context of larger HR business processes (e.g. hiring process, separation process, etc.)

Major Areas of Responsibility

Manage Plans & Employee Participation. Manage all issues associated with enrollments of College employees in the benefits options associated with their employment status and the management of those plans. Plans and programs include retirement plans and programs (defined benefit pension plan, defined contribution 403(b) plan, 457(b) “top hat” plan, faculty voluntary employment retirement program (VERP)), health and welfare plans and programs (medical plan, dental plan, long term disability plan, life insurance plans, vision benefit plans, flex spending accounts, health savings accounts), worker’s compensation plan, unemployment insurance plan, etc. Typical activities include:

Retirement Plans: 403(b) retirement plan eligibility, enrollment, and voluntary contributions ensuring plan participants are receiving timely notice of eligibility, are appropriately enrolled, contributions are deducted and remitted, contributions are not over IRS allowable limits; defined benefit plan participation, vesting, and annual COLA increase and funding notice requirements; managing 457(b) “Top Hat” plan participation
Medical & Welfare Plans: Manage annual open enrollment process (working with HRIS/ITS); with benefits consultants, negotiate rates for medical, dental & other welfare plans; manage on-going enrollments and premium billings; HSA & FSA accounts are set up and contributions are deducted and remitted, etc.

Document benefits administration processes, identifies measurements of process effectiveness and improve/streamline processes, increase quality and control costs. Works closely with CHRO and other HR professional staff to identify opportunities to measure and improve process effectiveness, cost and quality. Work with HRIS & ITS staff on benefits systems design, set up and user interfaces and on benefits reporting needs, including recommending changes to current and future software system requirements to meet benefits needs.

Manage Compliance. Manages all regulatory and compliance issues associated with the College benefit programs, including for all ERISA benefits. Maintain ERISA (health and welfare, 403(b), etc.) benefit plan documentation. Maintain Summary Plan Descriptions and update plan documents when changes occur. Disseminate annual reporting requirements (Summary Annual Reports, 5500’s, AFN’s, Medicaid CHIP Notice, Medicare Part D Notice, ACA reporting and other required notices). Provides information for audits of benefit programs.

Manage define contribution and defined benefit committees and compliance calendars, working with vendor engaged for that purpose (currently Fiduciary Investment Advisors). Consult with internal and external counsel on matters requiring legal opinion, including plan language interpretation. Serve as “gatekeeper” of sensitive, personal and/or protected data to ensure compliance with data security laws and policies.

Supervision Exercised. Oversee and manage the work of Benefits Specialist. Meet daily/weekly for input on open issues (unemployment, workers’ comp, etc.). Review and approve materials prepared by benefits coordinator including reconciliation process and wire/ACH transfer requests for health and welfare, voluntary benefit plans and 403(b) remittances, etc. Conduct annual & mid-year performance reviews.

Benefits Communication, Advice and Education. The Director is a resource for employee questions, concerns and problems and must be able to communicate with employees at all levels of the College, from faculty to dining staff,, and receive and provide information in a manner appropriate to the audience(s), with appropriate regard for the sensitivity of private employee information.

Create materials for meetings, presentations and website. Manage the Benefits section of the HR website, ensuring that information is present and up-to-date and that links are working. Create content on benefits and financial education for weekly HR Update (including following communication schedule from HR Calendar of Recurring Events). Participate in the College’s new employee comprehensive orientation

Engage external experts for training, seminars, etc., on retirement and other benefits topics. Manage TIAA, Fidelity, Fallon & other vendor on-site presence.

Supervision Received. Meets regularly with the CHRO. Reports on new and on-going open issues. Prepares issues that require approval by the CHRO or other College officials and follows up on those approvals.

Professional Development. The Director is expected to updates job knowledge by attending and presenting at conferences and other educational opportunities, reading professional publications, maintaining personal networks and participating in professional organizations.

Other Duties. Works cross functionally with other HR, Admin & Finance & other College colleagues on various programs and initiatives. May “fill in” on management of other HR programs. May be assigned to College committees. Performs other duties as assigned.

Minimum Qualifications

Bachelor’s degree or equivalent experience in Human Resources (master’s degree desired)

7 - 10 years of progressive experience in human resources benefits administration.
Extensive 403(b) and Defined Benefit plan administration experience
Strong quantitative and analytical skills
Solid knowledge of federal, state, and ERISA regulatory compliance knowledge
Proficiency in Microsoft office suite
Proficiency in PeopleSoft
Excellent presentation and writing skills
PHR, SPHR, and/or CEBS certification preferred

Core Competencies

Strives for personal excellence at work
Takes on responsibility for the tasks, processes and tools in the job
Focus is on the needs of the people the work supports
Engages with the values & mission of the College
Takes responsibility for employee development (supervisory)
Engages in good supervisory practices to get the best from reports (supervisory)
Plans and organizes work logistics so as to create conditions for success (supervisory)

ADDITIONAL INFORMATION:

This is a full time, exempt level position. The College is committed to providing competitive market pay for its employees. The College also offers a competitive benefits package for full-time staff, including:

10% College contribution to the 403(b) Retirement Plan (1 year wait waiver available)
This position may be eligible for a hybrid work arrangement - upon hire, candidates will need to live within commuting distance
Condensed summer 4-day work week
Tuition & Education benefits
Wellness programs & ongoing Training and Development opportunities
Generous paid time off

The College is an Equal Employment Opportunity Employer and complies with all Federal and Massachusetts laws concerning Equal Opportunity and Affirmative Action in the workplace. To review our Employee Benefit Options, please go to: https://www.holycross.edu/human-resources/benefits

APPLICATION INSTRUCTIONS:

Please attach a cover letter addressing the position requirements along with your resume.

In your cover letter please address how your work might support the College's commitment to inclusive excellence (https://aspire.holycross.edu/inclusive-excellence). Please provide examples of how you have integrated diversity, equity, inclusion and belonging into your past work. For more information, please visit http://holycross.edu/diversity.

Review of applications will begin as received and continue until the position has been filled.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Colleges & Universities

SALARY

$170k-212k (estimate)

POST DATE

05/26/2024

EXPIRATION DATE

07/25/2024

WEBSITE

holycross.edu

HEADQUARTERS

WORCESTER, MA

SIZE

500 - 1,000

FOUNDED

1843

TYPE

NGO/NPO/NFP/Organization/Association

CEO

REV PHILIP L BOROUGHS SJ

REVENUE

$50M - $200M

INDUSTRY

Colleges & Universities

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The following is the career advancement route for Director of Employee Benefits positions, which can be used as a reference in future career path planning. As a Director of Employee Benefits, it can be promoted into senior positions as a Top Benefits Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Employee Benefits. You can explore the career advancement for a Director of Employee Benefits below and select your interested title to get hiring information.