Navy Federal Credit Union

Benefits Program Manager

Navy Federal Credit Union

full-time

Posted on:

Origin:  • 🇺🇸 United States • Florida, Virginia

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Salary

💰 $68,300 - $107,300 per year

Job Level

Mid-LevelSenior

About the role

  • To design, develop and manage employee benefits programs that attract, retain and motivate a diverse workforce
  • Leverage knowledge of benefits policies and plans, federal/state laws and applicable Navy Federal policies and procedures to advise management on program changes and ensure compliance
  • Manage a range of basic to moderately complex benefits programs with some duties involving increased scope and complexity
  • Conduct analyses and studies of employee data, plan interpretations, plan documents, and legal changes to provide insights and/or make recommendations to modify and/or enhance employee benefits programs, policies, procedures and systems
  • Keep current with benefit industry trends; research trends, best practices, cost and financial impact, and make recommendations to benefits leaders
  • Partner with brokers, custodians, trustees, third-party administrators, vendors and attorneys to resolve moderately complex matters related to benefits plans and vendors
  • Manage projects to include implementation of employee benefit initiatives that adhere and support corporate and department strategies
  • Consult with technical teams to oversee the development of system interfaces, queries and reports; implement systems changes and enhancements to include writing business requirements
  • Oversee the implementation of benefits communication strategies and activities and lead the design and delivery of training programs to share information regarding benefits programs
  • Participate in the selection and management of vendors and contracts to include contract development, monitoring and issue resolution; oversee contract quality assurance, budget and cost mechanisms
  • Serve as a resource for the department in the preparation and submission of Federal and State mandated regulatory reports
  • Ensure compliance with company policies and legal requirements for benefit plans

Requirements

  • Experience in the design, administration and communication of employee benefits plans
  • Knowledge of various types of benefit plans (e.g., FSAs, health, disability, life insurance, workers comp)
  • Knowledge of, and ability to interpret/apply, benefits related laws and regulations
  • Knowledge of statistical methods and related analytical tools to conduct cost benefits analyses
  • Experience in managing multiple priorities independently and/or in a team environment to achieve goals
  • Experience with interacting with management on strategy and change management
  • Skill to influence, negotiate and persuade to reach agreeable and positive outcomes
  • Advanced research, analytical, and problem solving skills
  • Ability to compile, organize and present information clearly and concisely
  • Bachelor’s Degree in Human Resources, or related field, or the equivalent combination of experience, education and training
  • Advanced knowledge of Navy Federal’s functions, philosophy, operations and organizational objectives (desired)
  • Advanced skill building effective relationships through rapport, trust, diplomacy and tact (desired)