Salary
💰 $68,300 - $107,300 per year
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)