HR - Benefits - Director - Employee Benefits

TITLE: DIRECTOR - EMPLOYEE BENEFITS
STATUS: EXEMPT
REPORTS TO: VICE PRESIDENT - TOTAL REWARDS AND HR OPERATIONS
DEPARTMENT: HUMAN RESOURCES - BENEFITS
JOB CODE: 11768
PAY RANGE: $159,300.00 - $185,000.00 ANNUALLY

GENERAL DESCRIPTION:
Manages the effective administration of all employee benefits and wellness programs and leave of absence administration for Golden 1 Credit Union. Ensures compliance with Credit Union policies, and all external rules and regulations covering areas of responsibility. Provides leadership to department staff. Proactively participates in developing and achieving organizational and departmental strategic goals and objectives. This role is considered part of the Human Resources Leadership team.
TASKS, DUTIES, FUNCTIONS:
1. Lead the overall administration of employee benefits programs such as health, ancillary and retirement plans; time off and wellness programs.
2. 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.
3. 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.
4. Manage annual open enrollment, including renewals, negotiations, contracts, enrollment processing and preparation and delivery of all communications.
5. Continue to enhance employee benefits communication strategies and messaging to ensure benefits are understood, utilized and valued.
6. 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.
7. Oversee preparation of reports, filings and applications required by law to be filed with federal and state agencies.
8. Oversee carrier bill reconciliation, internal and external audits, and cost control measures.
9. 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.
10. 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.
11. Work with leadership strategy and participate in executive planning and oversight meetings.
12. 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.
13. Perform other jobs as assigned by executive leadership.
PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:
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.
1. Must possess sufficient manual dexterity to skillfully operate the HR information system, personal computer and other standard office equipment, including a financial calculator, telephone and copier.
ORGANIZATIONAL CONTACTS & RELATIONSHIPS:
1. INTERNAL: All levels of staff.
2. EXTERNAL: Actuaries, trustees, legal counsel, plan administrator, claims adjusters, benefit representatives and vendors, broker, vendors and peers in financial institutions.
QUALIFICATIONS:
1. EDUCATION: Bachelor’s Degree in related field or equivalent work experience. SPHR, CPP and/or CEBS designation preferred.
2. 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. A minimum of seven years management experience is preferred.
3. KNOWLEDGE/SKILLS:
• 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 adva