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Sr Manager, Benefits

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Bose Corporation

1mo ago

  • Job
    Full-time
    Expert Level
  • Consulting
    People, HR & Administration
  • Framingham
  • Quick Apply

AI generated summary

  • You must have 10+ years in benefits management, leadership in plan changes, strong analytical and communication skills, vendor collaboration, and knowledge of US benefits laws and global programs.
  • You will lead benefits strategy, manage vendors, ensure compliance, enhance communication, analyze metrics, and support global teams to optimize employee benefits and wellness programs.

Requirements

  • Minimum 10 plus years of experience administering and managing benefits with increasing responsibilities and global exposure.
  • A champion of change, having led major plan changes and integration of benefits offerings post mergers and acquisitions.
  • Leader with the ability to effectively interact and influence others at all levels in the organization.
  • Skilled collaborator, managing partnerships with vendors, internal stakeholders, service providers, and outside consultants to achieve results.
  • Able to take initiative, effective at prioritizing multiple projects, and comfortable working in a deadline-oriented environment.
  • Analytical thinker with strong financial and quantitative skills to conduct research, analyze data and solve complex problems through fact-based decision making.
  • Extraordinary verbal and written communication ability.
  • Strong coaching, team development and overall leadership skills.
  • A bachelor's degree in Business Administration, Finance or HR-related discipline.
  • Knowledge of US benefits laws and regulations including IRS code, ERISA, ACA, COBRA, HIPAA. Familiarity with key international health and welfare programs and retirement schemes.

Responsibilities

  • Provide overall leadership to the benefit and well-being teams including designing, implementing, and managing competitive, innovative, and cost-effective global strategies and programs.
  • Create and drive a benefits strategy grounded in competitive practice and operational excellence that supports building a talented and engaged workforce. Navigate integration of benefits opportunities arising from any M&A activity.
  • Lead annual benefits costing and design efforts, including regular plan reviews in partnership with our benefits advisor and benefit providers. Evaluate administrative costs and pricing of benefit and wellness programs and recommend strategies to provide competitive and cost-effective offerings.
  • Direct management of benefits providers to maximize service levels for plan management and participants while negotiating favorable contract terms and conditions. In partnership with internal procurement team, lead contract negotiations and renewals with vendors.
  • Develop compelling communication plans and programs to ensure employees understand, value, and participate in the company’s benefits and wellness offerings.
  • Manage strong cross-functional relationships with payroll, finance, legal, compliance, Global Business Services (GBS), internal communications, IT, and other HR colleagues.
  • Demonstrate a strong customer-focused mindset while ensuring adherence to policies. Work with IT and GBS to streamline and automate service delivery with faster speed, greater efficiency, and higher quality.
  • Partner with Global HR managers to implement country-specific benefits offerings that are locally competitive and consistent with Bose’s overall strategy. Leverage global benefits broker relationship to coordinate and support these teams.
  • Facilitate and support Benefit Committee meetings, including setting meeting cadence and agendas, and providing relevant updates and trends around internal and external practices.
  • Develop, track, analyze, and leverage a set of key metrics, processes, and performance indicators that align with organization goals, operational strategies, and plans.
  • Coordinate with counsel to ensure all benefit programs are in compliance with applicable regulatory and legislative requirements, including but not limited to ERISA, HIPAA, COBRA, and ACA. Oversee annual regulatory compliance.
  • Advise on 401(k) and pension plans including coordination of plan testing (Form 5500), plan design, and administration, committee reviews.
  • Support and respond to government audits, requests for information, or other inquiries. With the advice of counsel.
  • Develop, maintain, and oversee policy and program development, including those related to the Company’s various paid time off offerings, accommodations, etc.

FAQs

What is the role of the Senior Manager, Benefits at Bose?

The Senior Manager, Benefits is responsible for designing and optimizing benefit, wellbeing, and retirement programs, leading a team of experts, and ensuring a quality employee experience that differentiates Bose from its competitors.

How many years of experience are required for this role?

A minimum of 10 plus years of experience in administering and managing benefits with increasing responsibilities and global exposure is required.

Does this position involve managing vendor relationships?

Yes, the role involves direct management of benefits providers to maximize service levels and negotiating favorable contract terms and conditions.

What types of programs will the Senior Manager be responsible for?

The Senior Manager will oversee competitive, innovative, and cost-effective global strategies and programs related to benefits, wellbeing, and retirement.

Is a specific educational background required for this role?

Yes, a bachelor's degree in Business Administration, Finance, or a HR-related discipline is required.

Will the Senior Manager be involved in compliance matters?

Yes, the role includes coordinating with counsel to ensure compliance with applicable regulatory and legislative requirements related to benefit programs.

What qualities are necessary for success in this position?

Strong leadership, analytical thinking, extraordinary communication skills, and the ability to prioritize multiple projects in a deadline-oriented environment are essential for success.

Are there opportunities for professional development in this role?

Yes, Bose promotes a collaborative environment that allows employees to grow, develop, and contribute to the company's success.

Will the Senior Manager work with other departments?

Yes, the Senior Manager will manage strong cross-functional relationships with various departments including payroll, finance, legal, compliance, and IT.

What is the company’s stance on diversity and inclusion?

Bose is committed to diversity and inclusion, evaluating qualified applicants without regard to legally protected characteristics and providing reasonable accommodations to individuals with disabilities.

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Bose Corporation

Sound Is Power

Manufacturing & Electronics
Industry
5001-10,000
Employees
1964
Founded Year

Mission & Purpose

Bose Corporation was founded in 1964 by Dr. Amar G. Bose, then a professor of electrical engineering at the Massachusetts Institute of Technology. Today, the company is driven by its founding principles, investing in long-term research with one fundamental goal: to develop new technologies with real customer benefits. Bose innovations have spanned decades and industries, creating and transforming categories in audio and beyond. Bose products for the home, in the car, on the go and in public spaces have become iconic, changing the way people listen to music.