Principal Benefits Program Manager jobs in United States
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Navy Federal Credit Union · 2 hours ago

Principal Benefits Program Manager

Navy Federal Credit Union is dedicated to providing a meaningful career experience, and they are seeking a Principal Benefits Program Manager to design, develop, and manage employee benefits programs. The role involves serving as a subject matter expert on benefits policies, managing complex programs, and advising management on compliance and program changes.

AssociationFinancial ServicesNon Profit
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Comp. & Benefits

Responsibilities

Conduct comprehensive analyses and in-depth studies of employee data, plan interpretations, plan documents, changes in legal and other related information to provide insights and/or make recommendations to modify and/or enhance employee benefits programs; recommend areas to invest resources in to ensure programs are innovative and market competitive
Keep current with benefit industry trends to determine competitiveness; research trends, best practices, cost and financial impact
Make recommendations to and influence buy-in from senior leaders in HR and Finance for new and enhanced benefits programs
Partner with departmental leadership to prepare business cases and recommendations for CEO and COO review
Serve as subject matter expert to resolve complex matters related to benefits plans and vendors by acting as liaison with brokers, custodians, trustees, third-party administrators, vendors and attorneys
Manage projects to include implementation of employee benefit initiatives that adhere and support corporate and department strategies; serve as a mentor to the benefits staff supporting the project
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
Lead 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 Perform other duties as assigned

Qualification

Employee benefits designBenefits lawsRegulationsCost benefits analysisInfluencingAnalytical skillsRelationship buildingNegotiatingResearch skillsTeam managementCommunication skillsProblem solving

Required

Significant experience in the design, administration and communication of employee benefits plans
Expert knowledge of various types of benefit plans (e.g., FSAs, health, disability, life insurance, workers comp)
Expert 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
Significant experience with interacting with management on strategy and change management
Expert skill building effective relationships through rapport, trust, diplomacy and tact
Expert skill to influence, negotiate and persuade to reach agreeable and positive outcomes
Experience in managing multiple priorities independently and/or in a team environment to achieve goals
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

Preferred

Advanced knowledge of Navy Federal's functions, philosophy, operations and organizational objectives

Company

Navy Federal Credit Union

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Since 1933, Navy Federal has grown from seven members to over 4 million members. And since that time, their vision statement has remained

Funding

Current Stage
Late Stage

Leadership Team

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Dietrich Kuhlmann
President & CEO
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Kara Cardona
Chief Operating Officer
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Company data provided by crunchbase