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Vice-President of Benefits

Vice-President of Benefits

CompanyState Street
LocationBoston, MA, USA
Salary$110000 – $177500
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • 7+ years of experience in US benefit programs including in-depth knowledge of retirement plans (qualified and non-qualified) and health and welfare benefit programs, leave programs, as well as regulations such as ERISA, COBRA, HIPAA, SECURE Acts 1.0 and 2.0, Section 125, etc.
  • Strong risk and compliance vendor oversight
  • Highly organized, with the ability to prioritize, manage multiple tasks simultaneously and to work well under pressure and with little oversight
  • Excellent analytical and problem-solving skills and an in-depth financial analysis background
  • Strong presentation and project management skills, attention to detail, and an ability to communicate effectively throughout all levels of the organization
  • Exceptional Microsoft Office skills, with a focus on Excel and PowerPoint, and a strong technical aptitude
  • Ability to interact with all levels of employees and management, and manage confidential information in a professional manner
  • Flexible, ‘can do’ attitude
  • Bachelor’s degree or equivalent

Responsibilities

  • Designing a benefits offering that attracts and retains employees, is compliant with local regulation and that effectively support State Street’s employee value proposition
  • HR risk governance and compliance management
  • Vendor oversight including third party risk management
  • Ensuring operational excellence alongside plan design and strategy are aligned to metrics and benchmarks and develop appropriate strategic recommendations
  • Partner with the internal Finance and Accounting teams on management of plan financials and internal budget projections, and effectively manage costs of benefit programs
  • Effectively partner with internal stakeholders (HR, Finance, Procurement, Legal, etc.)
  • Oversee plan and program communications to ensure benefits are understood and valued
  • Oversee benefit compliance and reporting requirements, including managing the preparation of any governance materials and lead presentations for governance committee meetings, as needed
  • Oversee large-scale projects, including RFPs and transitions to new vendors, as well as due diligence and integration for corporate actions (e.g., mergers & acquisitions)

Preferred Qualifications

    No preferred qualifications provided.