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Memorial Healthcare System · 1 day ago

Retirement and Pension Plan Manager - FT - Days - MHS

Hollywood, FL

Full-time

Onsite

Senior Level

5+ years exp

Memorial Healthcare System is dedicated to improving health and well-being, and they are seeking a Retirement and Pension Plan Manager. This role is responsible for managing the organization's retirement and pension plans, ensuring compliance with regulations, and delivering exceptional service to employees regarding their retirement benefits.

Health Care

Responsibilities

Serves as an internal resource for employees planning for retirement who have questions and/or would like to begin the process

Administer and manage all aspects of the organization's retirement and pension plans, including enrollment, contributions, distributions, and compliance

Oversee the processing of retirement plan transactions such as rollovers, loans, and benefit payouts

Collaborate with payroll to ensure accurate contributions and deductions

Work with Treasury and Accounts Payable to handle funding requests and reconciliations

Conduct educational sessions and partner with internal HR communications to help employees understand their retirement options

Develop and deliver financial education programs to enhance employees' understanding of personal finance and retirement planning strategies

Partner with external vendors and resources to recommend solutions to complex retirement and pension issues

Work closely with internal and external IT resources and HRIS staff to support the administration of retirement and pension administration and recommend changes to processes as needed

Foster an environment of continuous improvement and teamwork to improve and evolve retirement and pension processes to create value for Memorial Healthcare System and satisfaction among employees

Support the Vice President, Total Rewards in evaluating and recommending changes to retirement plans to align with organizational goals and employee needs

Analyze plan performance metrics and prepare reports for leadership on participation, investment performance, and funding levels

Ensure retirement plans comply with all applicable federal and state laws and regulations

Support plan audits conducted by internal compliance and external auditors

Prepare any necessary documentation

Monitor changes in retirement and pension legislation and recommend plan modifications as needed

Work closely with third-party administrators, trustees, investment advisors, and the plan recordkeeper to manage plan operations

Monitor service agreements and performance metrics to ensure service quality

Qualification

Retirement plan administrationCompliance knowledgeVendor managementFinancial reportingProject managementCustomer serviceAnalytical skillsEffective communicationTeamwork

Required

Bachelors (Required)

Five (5) years of experience in retirement and pension plan administration

Experience with managing external vendors to deliver actuarial valuation and analysis relating to the design, funding, risk, tax and financial reporting aspects of defined benefit and pension plans in a large corporate environment

Adapting to changing regulations and quickly identify new opportunities and impact

Project management

Process improvement implementation utilizing technology

Knowledge of compliance, tax, and financial reporting requirements applicable to defined benefit, defined contribution, and pension plans, including statutory regulations

Strong analytical and problem-solving skills

A sense of urgency regarding employee support

Outstanding customer service skills

Strong knowledge of ERISA, IRS, and DOL regulations

Demonstrates positive, proactive, and team-oriented behaviors as part of the Total Rewards team