Senior Manager, Retirement Plans - Human Resources

Washington University in St. Louis
St. Louis MO
30+ days ago
Washington University in St. Louis
Washington University in St. Louis
wustl.edu

Job Description

Scheduled Hours

40

Position Summary

This role will manage and provide strategic leadership and operational oversight for the University’s retirement programs. This role requires deep benefits expertise and a strong focus on reporting, controls and management of the 403(b) plan, Retirement Medical Savings Account, Executive Deferred Compensation Plans, Financial Education and Financial Counseling programs and engagement with the Retirement Plans Advisory Committee. Responsibilities include team leadership, vendor management, strategy, design, governance, financial management, compliance and operational delivery. Works closely with key internal stakeholders such as legal, finance and other senior executives. In addition, the individual will be responsible for identifying program enhancements that incorporate the University’s strategic objectives, satisfy legal requirements, and achieve a balance between market practice, employee needs, and the company’s ability to fund such programs. Work with external consultants and professional industry organizations to understand and benchmark market practices in order to maintain competitive plans.

Job Description

The ability to work extra hours as needed is required, as well as the ability to travel locally to various locations across campus.

Primary Duties & Responsibilities

  • Provide expertise on strategic plan design, fiduciary responsibilities; suggest benefit changes and provide financial and competitive analysis to support; implement changes and coordinate internal and external administration and employee communication for the universities 403(b), 457(b) and 457(f) plans and the employee, dependent, and spouse tuition plans.
  • Work closely with external recordkeeper to ensure accuracy in accounts, data and plan operations and maintain expected levels of service.
  • Manage investment consultant and RPAC committee.
  • Work with external consultants and professional industry organizations to understand and benchmark market practices in order to maintain competitive plans and contract pricing.
  • Partner with the communications team to enhance participant understanding, create awareness and drive engagement in the production of all benefit-related messages regarding retirement planning, financial education and financial wellness.
  • Oversee financial planning – both executive and broad-based.
  • Assure that the design and changes to the plans are in compliance with the relevant requirements of ERISA, the DOL and the IRS. Assure timely legal filings and notices (5500s and SARs, fee disclosures, non-discrimination testing, plan corrections, calculations and filings).
  • Contact for all retirement plans audits.
  • Analyze plan and financial data in response to ongoing business requirements and ad hoc requests.
  • Work with the internal IT teams to ensure plan requirements are accurately captured and processed.
  • Counsel all levels of employees regarding the plans.
  • Act as a point of contact to resolve benefit operational problems, escalations, and corrections.
  • Perform other duties as assigned.

Preferred Qualifications

  • Master’s degree.
  • Prior experience in a large complex environment, preferably university or healthcare.
  • CEBS designation.
  • Effective verbal, written and interpersonal communications skills. Ability to communicate effectively with senior leaders.
  • Service-oriented communicator with the ability to forge relationships and bring diverse groups together on difficult benefits issues.
  • Demonstrated self-motivated individual driven by challenge with a high degree of reliability, accuracy and productivity.
  • Ability to multi-task and manage shifting priorities and deadlines.
  • Demonstrated effective planning and project management skills.
  • Ability to communicate complex topics simply and clearly.

Required Qualifications

  • Bachelor’s degree.
  • Five or more years of related experience in benefits and/or retirement plan experience.
  • People management experience.

Grade

G16

Salary Range

$86,700.00 - $152,600.00 / Annually

The salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.

Pre-Employment Screening

All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.

Benefits Statement

Washington University in St. Louis is committed to providing a comprehensive and competitive benefits package to our employees. Benefits eligibility is subject to employment status, full-time equivalent (FTE) workload, and weekly standard hours. Please visit our website at https://hr.wustl.edu/benefits/ to view a summary of benefits.

EEO/AA Statement

Washington University is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration without regard to an individual’s sex, race, color, religion, age, disability status, protected veteran status, national or ethnic origin, gender identity or expression, sexual orientation. Women, minorities, protected veterans and the disabled are strongly encouraged to apply.

Diversity Statement

Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment – fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.

Applicant Instructions

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Source

https://www.indeed.com/jobs

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