Retirement Strategy Lead

Retirement Strategy Lead

Company:

The Boeing Company

Job ID:

00000441587

Date Posted:

2024-12-19

Location:

USA - Arlington, VA, USA - Chicago, IL, USA - Dallas, TX, USA - North Charleston, SC, USA - Seattle, WA

Job Description Qualifications:

The Boeing Company’s Human Resources (HR) Retirement and Financial Wellbeing organization is currently seeking a Retirement Strategy Lead to join our team.

This position will provide subject matter expertise (SME) to coworkers regarding benefit issues and concerns and will respond to many complex questions.  A successful candidate will have strong written and verbal communication, organization and multitasking skills.  They will also be an expert in the field of retirement plans, including nonqualified and other top hat plans.

This role can be based in any of the following locations: Chicago, IL; North Charleston, SC; Dallas, TX; Seattle, WA or Arlington, VA.

Position Responsibilities:

• Lead retirement plan strategy for Boeing; Including ~10 US Pension plans, a 401(k) plan and subsidiary plans as well as nonqualified plans

• Gather recommendations for plan design changes, monitor opportunities for pension derisking and oversee all retirement plan communications

• Utilize data on participant utilization of retirement plans to determine gaps, education needed, outreach, etc.

• Understand retirement trends and developments in the market and ensure review of these trends with leadership; make recommendations as market develops

• Work closely with the operations team to oversee plan change implementations

• Meet regularly with Trust Investments and EBA and others in finance to ensure alignment on retirement strategy matters

• Manage retirement plan consultants

• Lead request for proposals (RFP) activities

• Lead multifunctional teams through plan design changes, mergers, etc.

• Support union negotiations and merger and acquisition activity from a policy and strategy perspective

• Prepare Employee Benefit Plans Committee materials

• Understand and influence policy changes needed in rules and regulations

• Work with government operations on policy matters

This position is expected to be 100% onsite. The selected candidate will be required to work onsite at one of the listed location options.

Employer will not sponsor applicants for employment visa status.

Basic Qualifications (Required Skills/Experience):

• 5+ years of experience working with employee retirement plans, such as 401k and Pension Plans

• 5+ years of experience analyzing demographic and related data (payroll/financial) for retirement plans, covering bargained and non-bargained populations

• 5+ years of experience working with nonqualified retirement plans

Preferred Qualifications (Desired Skills/Experience):

• Bachelor's degree or higher

• 10+ years working in a large, complex environment with responsibility for retirement plan strategy

• 10+ years of experience leading and prioritizing request for proposals (RFP)

• 10+ years of experience with proposal management, strategies development and/or contract negotiations

Typical Education & Experience:
Typically 15 or more years' related work experience or relevant military experience.  Advanced degree (e.g. Bachelor, Master, etc.) preferred, but not required.

Relocation:

Relocation assistance is not a negotiable benefit for this position. Candidates must live in the immediate area or relocate at their own expense.

Drug Free Workplace:

Boeing is a Drug Free Workplace where post offer applicants and employees are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and alcohol when criteria is met as outlined in our policies. 

Shift Work:

This position is for 1st shift.

At Boeing, we strive to deliver a Total Rewards package that will attract, engage and retain the top talent. Elements of the Total Rewards package include competitive base pay and variable compensation opportunities.

The Boeing Company also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability