Assistant Vice President, Benefits

Income Research Management

Income Research Management is a Boston-based, privately owned, investment grade fixed income asset management firm. IR M delivers strong performance and consistent results through a rigorous, bottom-up security selection process and strives to provide best-in-class client service to our 900 institutional and private wealth clients.

Founded in 1987 and located in the heart of Boston’s financial district, IR M employs 200 full time professionals and currently manages over $130 Billion in assets. IR M has a fast-paced, open office environment that is driven by a motivated and collaborative workforce. We offer industry-leading benefits, as well as a challenging, collegial, and rewarding workplace with high levels of employee engagement.

Open Position: AVP, Benefits

Job Description:

As a member of the Human Capital Management Team, this role is responsible for overseeing benefits administration and total rewards across the Firm. Success in this position requires excellent interpersonal skills to foster positive relationships with employees and effectively collaborate with both internal and external stakeholders. The ideal candidate will demonstrate strong attention to detail, a proactive approach to managing multiple high-priority tasks, and the ability to communicate benefits information clearly and effectively to key stakeholders.

Responsibilities:

• Manage and oversee IR M’s benefit programs, including but not limited to medical, dental, group life and disability, commuter, and retirement plans, and leaves of absence
• Own administration of all employee benefits programs, including process, documentation, coverage, negotiations and renewals where necessary
• Manage relationships with benefit providers, brokers, and vendors and ensure quality service delivery for employee experience
• Develop and monitor metrics for measuring ongoing performance and effectiveness of benefits offerings and initiatives
• Analyze market trends and benchmark data to ensure competitiveness and cost-effectiveness of IR M benefits
• Partner with external benefits vendors to develop and implement innovative ways to engage employees in their overall well-being
• Partner with internal stakeholders to provide timely data analysis, reporting, strategy, communication, and forecasting
• Administer employee benefits training, ensure compliance with local laws and communicate IR M’s policies and procedures to employees
• Monitor and audit file integrations and error reports, resolving any errors or issues
• Serve as primary point of contact for employees for benefits-related inquiries
• Ensure that all benefits materials (e.g., handbooks, policies) are consistently updated on internal platforms
• Support ad-hoc analysis and reporting requests from stakeholders and additional HCM special projects and initiatives as needed

Required Skills and Experience:

• Bachelor's degree required
• 7 years of experience in benefits roles with practical experience administering or managing benefit programs
• Experience with ADP and Employee Navigator strongly preferred
• Expert and comprehensive knowledge of benefits program concepts, principles and technologies, and related laws and regulations
• Ability to deal with sensitive and complex information/situations with professionalism, and tact
• Ability to work in a fast-paced environment and meet strict deadlines with strong prioritization, planning and organizational skills
• Demonstrated knowledge of the regulations that impact benefits, and experience with ERISA, COBRA, HIPAA, FMLA, etc.
• Excellent verbal, written, project management, and problem-solving skills with attention to detail
• Experience managing relationships with employee benefit brokers, carriers, and vendors
• Innate desire to enhance employee experience, operates with a client service mindset
• Advanced Excel skills preferred

What we offer you:

Joining the IR M team is an opportunity to experience a unique and exciting culture and work environment. On a daily basis our employees are encouraged to personify our core values; working in a manner that emphasizes investment, respect, positivity, and motivation across the business and in delivering results for our clients.

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Hybrid work environment allowing individuals to build strong bonds with colleagues in the office mixed with remote work capability
• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with a safe harbor contribution (3%), a company discretionary contribution (12%), and a broad investment lineup
• Tuition reimbursement up to $15K year
• $5,000 Referral bonus for employees who refer new hires
• Business-casual dress environment
• Generous paid time off– including 20 days of vacation, 2 wellness days, unlimited sick time plus eight paid company holidays and 2 floating days each calendar year
• Paid volunteer time — 2 days per calendar year
• Leave of absence programs – including paid parental and family leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Fitness, health, and composting reimbursements

Applicants must be authorized to work in the U.S. for any employer. IR M is unable to sponsor or assume sponsorship of employment visas.

In addition to the opportunity to participate in a discretionary bonus program, the salary range below describes the estimated minimum to maximum base salary range for a position of this level. Compensation decisions are dependent on the facts and circumstances of each candidate and may vary based upon but not limited to relevant experience, licensure requirements, certifications, skill set, and other business and organizational needs.

Base Salary Range: $100,000 - $130,000

Annual Performance Bonus: This role is eligible for an annual performance-based bonus