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Benefits Plans Manager - Newark, NJ

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Federal Reserve Bank of Atlanta

23d ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Banking & Finance
  • Newark, +2
  • Quick Apply

AI generated summary

  • You need a Bachelor's (Master's preferred) and 8+ years of experience with benefits plans. Must know governmental plans, payroll/HRIS systems, and recordkeeping services.
  • You will research issues, lead training sessions, manage benefits operations, oversee a team, influence policies, and advise on benefits topics and regulatory changes.

Requirements

  • Education: Bachelor's Degree or 4 years equivalent experience; Master's Degree preferred
  • Experience: Eight plus years preferred
  • Knowledge Areas:
  • Extensive experience with qualified and non-qualified benefits plans and executive benefits plans.
  • Knowledgeable of governmental plans, payroll/HRIS systems and benefits recordkeeping services.

Responsibilities

  • Research complex issues and respond to inquiries from service providers, stakeholders, and plan participants.
  • Responsible for developing and leading training and information sessions on benefits plans for senior executives, System HR personnel and plan participants.
  • Accountable for day-to-day operations and administration of one or more Federal Reserve System benefits plans.
  • Provide oversight and direction to team of experienced professionals involved in the administration of benefits plans and management of external vendors.
  • Focus on policy and strategy implementation.
  • Influence others outside of their own job area regarding policies, practices, and procedures.
  • Advise and educate other members of the department on various benefits topics including new benefit programs, regulatory changes and policies and procedures.
  • Mix of strategic, tactical, and transactional responsibilities.

FAQs

What is the job title for this position?

The job title is Benefits Plans Manager.

Where is the position located?

The position is located in Newark, NJ.

What organization is hiring for this position?

The position is with the Federal Reserve Bank of Atlanta, specifically for the Office of Employee Benefits (OEB).

What are the key responsibilities of the Benefits Plans Manager?

Key responsibilities include managing benefit programs, providing oversight to a team, developing and leading training sessions, researching complex issues, and ensuring compliance with applicable laws and regulations.

What level of education is required for this position?

A Bachelor's Degree or 4 years equivalent experience is required; a Master's Degree is preferred.

How many years of experience are preferred for this role?

Eight plus years of experience in relevant fields are preferred.

What types of benefits plans will the manager be responsible for?

The manager will be responsible for one or more of the Federal Reserve System’s retirement and executive benefits plans.

Will the Benefits Plans Manager be involved in training sessions?

Yes, the manager is responsible for developing and leading training and information sessions on benefits plans.

Does the Federal Reserve Bank of Atlanta support professional development?

Yes, the organization offers professional development opportunities as part of its comprehensive benefits package.

Is this role full-time or part-time?

This position is a full-time role.

What is the job classification for this position?

This job is classified as exempt.

What is the work shift for this job?

The work shift is the first shift (United States of America).

Is the Federal Reserve Bank of Atlanta committed to diversity and inclusion?

Yes, the Federal Reserve Bank of Atlanta values diversity and inclusion and is committed to equal employment opportunities.

How should candidates apply for this job?

Candidates should verify and apply through the Federal Reserve System Careers website or verified Federal Reserve Bank social media channels.

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Federal Reserve Bank of Atlanta

Finance
Industry
1001-5000
Employees
1914
Founded Year

Mission & Purpose

The Federal Reserve Bank of Atlanta is one of 12 regional Reserve Banks that, along with the Board of Governors, make up the Federal Reserve System. The Atlanta Fed covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. As part of the Federal Reserve System, the Atlanta Fed helps conduct monetary policy, promote the stability of the financial system, regulate and supervise financial institutions, foster payment and settlement system safety and efficiency, and promote consumer protection and community development.