Benefits Manager - Financial Wellness
The Campbell's CompanyAbout the role
Since 1869 we've connected people through food they love. We’re proud to be stewards of amazing brands that people trust. Our portfolio includes the iconic Campbell’s brand, as well as Michael Angelo’s, noosa, Pace, Pacific Foods, Prego, Rao’s Homemade, Swanson, and V8. In our Snacks division, we have brands like Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Pepperidge Farm, Snack Factory, and Snyder’s of Hanover.
Here, you will make a difference every day. You will be supported to build a rewarding career with opportunities to grow, innovate and inspire. Make history with us.
Why Campbell’s…
- Benefits begin on day one and include medical, dental, short and long-term disability, AD&D, and life insurance (for individual, families, and domestic partners).
- Employees are eligible for our matching 401(k) plan and can enroll on the first day of employment with immediate vesting.
- Campbell’s offers unlimited sick time along with paid time off and holiday pay.
- If in WHQ – free access to the fitness center. Access to on-site day care (operated by Bright Horizons) and company store.
- Giving back to the communities where our employees work and live is very important to Campbell’s. Our “Campbell’s Cares” program matches employee donations and/or volunteer activity up to $1,500 annually.
- Campbell’s has a variety of Employee Resource Groups (ERGs) to support employees.
How you will make history here…
- The Benefits Manager – Financial Wellness is responsible for overall leadership of the financial wellness pillar within the company’s well-being program. In this role you will drive overall financial health and well-being for Campbell’s employees and their families.
- Develop, manage, and promote financial wellness programs that support our employees in securing both financial stability and freedom of choice. Our perspective on financial health embodies education and planning concerning budgeting, spending, saving and debt management. This position ensures our financial programs are aimed at building our employees’ personal resilience and confidence to pursue goals and opportunities so that they may thrive financially.
What you will do…
Strategic Oversight & Program Development:
- Researching and identifying relevant financial wellness topics like budgeting, debt management, retirement planning, and spending strategies.
- Designing a comprehensive financial wellness curriculum, including online modules, workshops, webinars, and personalized consultations.
- Selecting and partnering with financial service providers to offer additional support like financial planning tools or investment options.
- Monitoring and communicating program effectiveness to senior leaders and various stakeholders.
Employee Engagement & Education:
- Conducting employee needs assessments to tailor the program and plans to specific financial concerns – with a particular focus on driving hourly employee engagement.
- Developing and implementing strategies to increase employee participation and contribution rates in collaboration with HR business partners and other key stakeholders.
- Work closely with communications team on promoting financial wellness benefits to employees through various channels like company intranet, newsletters, and employee meetings.
- Organizing financial literacy campaigns, events, and promotions to raise awareness about financial planning.
Plan Administration Oversight:
- Support the 401(k) Administrative Committee to ensure that the plan operates in accordance with all regulatory requirements, maximizes employee participation, and aligns with the organization’s financial and benefits strategy.
- Support the evaluation and negotiation of contracts and service agreements with retirement plan providers to optimize costs and service quality. Monitor plan fees with consultants and expenses to support plan fiduciary committee in decision-making and ensuring cost-effectiveness.
- Stay current on retirement plan legislation and industry best practices; make recommendations for plan changes and consult with the benefit team’s legal partner to ensure compliance with ERISA, IRS, DOL, and other applicable regulations.
- Actively manage additional responsibilities supporting the administration and compliance of the company-sponsored retirement medical, life and pension plans. Provide stewardship for annual retirement plan audits and work with external/internal auditors, other agencies in support of regulatory and SEC filings.
- Ability to get up to speed quickly with demonstrated learning agility to learn the history and administration of legacy pension and retiree medical plans. Suppo
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