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Golden 1 Credit Union · 1 day ago

HR - Benefits - Director - Employee Benefits

Sacramento, CA

Full-time

Onsite

Senior Level, Lead/Staff

$159K/yr - $185K/yr

10+ years exp

Golden 1 Credit Union is seeking a Director of Employee Benefits to manage the administration of employee benefits and wellness programs. This role involves ensuring compliance with regulations, leading departmental staff, and developing strategic goals to enhance employee benefits communication and understanding.

BankingFinanceFinancial Services

Responsibilities

Lead the overall administration of employee benefits programs such as health, ancillary and retirement plans; time off and wellness programs

Spearhead benefits program planning and evaluation, relations, negotiations and managing contracts with brokers and vendors, benchmarking, and cost analysis as well as policy and strategy development and implementation

Create proposals and implement new plans and/or changes to existing plans by preparing and/or reviewing announcement materials, plan summary documents and other media for employee communications. Participate in employee benefit functions

Manage annual open enrollment, including renewals, negotiations, contracts, enrollment processing and preparation and delivery of all communications

Continue to enhance employee benefits communication strategies and messaging to ensure benefits are understood, utilized and valued

Ensure compliance with all regulatory requirements by maintaining a strict compliance schedule, documentation, policy management and continually progressing the company’s benefit plans and processes

Oversee preparation of reports, filings and applications required by law to be filed with federal and state agencies

Oversee carrier bill reconciliation, internal and external audits, and cost control measures

Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position

Foster a positive and engaging work environment for each team member by promoting skill development, coaching for improvement and growth, inspiring others through words and actions, ensuring positive employee morale throughout Golden 1, and embracing our mission, vision and core values

Work with leadership strategy and participate in executive planning and oversight meetings

Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities, establish, and maintain control activities that mitigate those risks consistent with the Credit Union’s risk appetite, and ensure operational integrity and compliance with applicable regulations

Perform other jobs as assigned by executive leadership

Qualification

Employee benefits administrationHealthWelfare benefitsHRIS administrationAnalytical skillsProject managementCustomer service focusCommunication skillsTeam playerLeadership skillsOrganizational skillsAttention to detailTime managementInterpersonal skills

Required

Bachelor's Degree in related field or equivalent work experience

Minimum 10 years of experience in the areas of health and welfare benefits administration, 401(k) administration for a workforce of 1,000+ employees

Knowledge and ability to use independent judgment in regards to benefit laws and regulations as well as company policies and procedures

Knowledge of HRIS/Benefit enrollment portal administration

Solid analytical skills, critical thinking/judgment skills, and attention to detail

Strong general math skills and strong oral and written communications skills

Ability to manage and lead staff to excellent performance

Proficient with Microsoft Office products, specifically Excel, at an intermediate to advanced level

Must be highly organized and a team player

Strong customer service focus

Ability to handle multiple projects, adjust to shifting priorities and meet deadlines

Exhibits sense of urgency to tasks, where and when required

Ability to work well and partner with all levels of the organization

Strong project management skills

Excellent interpersonal communications

Effective oral and written communication skills required to train and evaluate staff, interact with employees and outside vendors, prepare recommendations, company-wide memoranda and reports, make presentations and constructively follow up on employee concerns and inquiries