Senior Manager Benefits

Werfen

5d ago

Job
Full-time
Senior Level
People, HR & Administration
Business, Operations & Strategy
Bedford, +1

AI generated summary

You need a Bachelor’s degree, 5+ years managing benefits, strong communication skills, confidentiality, and experience in benefits plans. Customer service focus, problem-solving, and teamwork are essential.
You will manage benefit programs, oversee budgets, ensure compliance, enhance employee wellness, provide communications, and support 401(k) and pension administration while supervising the benefits team.

Requirements

Bachelors Degree
Professional Benefits Certification desirable but not required
5 or more years of managing a benefits team for mid sized or large company
Strong verbal and written communications skills
Ability to maintain professional demeanor under pressure and effectively work with employees at all levels while maintaining a keen sense of urgency and commitment to providing exceptional service to employees
Ability to maintain confidentiality
Experience in fully insured and self insured benefits plans and 401k plans. Familiarity with pension plan administration (active and/or terminated plans) is helpful
Experience and familiarity with Canadian benefits is desired but not required
Management has the discretion of substituting relevant work experience for a degree and/or making exceptions to the years of experience requirement.
Strong internal and external customer service skills
Ability to work autonomously and deliver on business results
Ability to demonstrate independent judgment and decision-making capabilities
Ability to build and maintain relationships with employees from all backgrounds and across organizational levels
Ability to work collaboratively & cross-functionally
Strong Customer Focus & Customer Service Mentality
Business Acumen
Managing Diversity
Problem Solving
Strong Organization, Planning and Time Management skills
Coaching and Mentoring
Demonstrated ability to effectively manage conflict
Strong familiarity with and comfort with HR databases and Microsoft Office including Powerpoint and Excel)
Approximatley 5% travel requirements

Responsibilities

Monitors and evaluates the company’s benefit programs including medical, dental, life/disability and retirement plans, to ensure programs are current with trends, practices and costs and compliance. Assists with the overall strategic benefit planning for the company
Develops benefits budget and annually forecast and analyze benefit program spending and financial commitment
Assists with identifying cost savings opportunities to ensure budget targets are achieved
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies
Expedites delivery of benefits by establishing and maintaining working relationships with benefit providers
Plays a key role as a member of the benefits committee making recommendations on potential benefit changes and longer-term strategies as well as tracking and providing a summary and follow up on topics discussed during benefits committee meetings. Maintains meeting minutes
Manages 401(k) Plan communications to employees, including organizing meetings and coordinating communication efforts with vendor. Conducts annual 401(k) non-discrimination project
Assesses and recommend new procedures as appropriate
Assists with identifying cost savings opportunities to ensure budget targets are achieved
Participates in promoting employee wellness through seminars, newsletters and other communications venues
Ensuring benefits programs are in compliance with all federal and state regulations concerning benefits programs (e.g., ERISA, HIPAA, COBRA, FMLA and PPACA). Keeps up to date on changes in applicable laws and regulations that impact benefits administration
Ensure appropriate controls, documentation and recordkeeping are maintained
May be responsible for annual compliance projects, to include 5500 filings and SARs, PBGC filings
Updates and disseminates benefits communications materials, including SPD’s, SAR’s and SBC
Provides oversight for workers compensation, STD and LTD programs
Manages plans for current and retired employees through the following activities:
Assists with annual open enrollment activities
Processes employee LOA’s for STD and LTD and WC
Participates in Pension and Savings Plan Administration
Processes Claims for active and retirees
May counsel employees on retirement process and benefits
Resolves employee questions and problems by interpreting benefit policies and procedures
Maintains pension database for current retirees
Prepares annual pension valuation data for all participants
Retiree Medical Insurance Administration
Other projects or assignments as needed
Performs analysis, audits and other project work as needed
Supervises other Benefits Representatives

FAQs

What is the job title of the position being offered?

The job title is Senior Manager Benefits.

Where is the location of the job?

The location of the job is in Bedford, Massachusetts, United States.

What are the primary responsibilities of a Senior Manager Benefits?

The Senior Manager Benefits is responsible for managing and administering benefits for employees, resolving benefit issues, ensuring compliance with regulations, and supervising benefits representatives or coordinator-level roles.

What qualifications are required for this position?

A Bachelor's Degree is required, along with 5 or more years of experience managing a benefits team in a mid-sized or large company. A professional benefits certification is desirable but not required.

Is experience with Canadian benefits necessary for this role?

Experience with Canadian benefits is desired but not required.

What skills are valued for a Senior Manager Benefits?

Valued skills include strong customer service, organization, planning, time management, problem-solving, and the ability to work collaboratively and demonstrate independent judgment.

What is the travel requirement for this position?

The travel requirement for this position is approximately 5%.

Will the Senior Manager Benefits be involved in employee wellness initiatives?

Yes, the Senior Manager Benefits participates in promoting employee wellness through seminars, newsletters, and other communication avenues.

Who does the Senior Manager Benefits report to?

The Senior Manager Benefits reports directly to the Director of Benefits, Compensation, and HRIS.

What is the company's commitment regarding diversity?

Werfen is committed to a diverse workplace and prohibits unlawful discrimination, harassment, or retaliation based on protected characteristics as defined by applicable laws.

Werfen

Manufacturing & Electronics

Industry

5001-10,000

Employees

1966

Founded Year

Mission & Purpose

Werfen is a growing, family-owned, innovative company founded in 1966 in Barcelona, Spain. We are a worldwide leader in specialized diagnostics in the areas of Hemostasis, Acute Care Diagnostics, Transfusion, Autoimmunity, and Transplant. Through our Original Equipment Manufacturing (OEM) business line, we research, develop, and manufacture customized assays and biomaterials. We operate directly in 30 countries, and in more than 100 territories through distributors. Our Headquarters and Technology Centers are located in the US and Europe, and our workforce is more than 7,000 strong.