Senior Professional - Defined Contribution Benefits Admin

 DTE is one of the nation’s largest diversified energy companies. Our electric and gas companies have fueled our customer’s homes and Michigan’s progress for more than a century. And as Michigan’s largest source of renewable energy, we’re creating a cleaner, healthier environment to power our future. We’re also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states.
 

But we’re more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities.  When you join us, you’ll be part of a team that welcomes, recognizes, and celebrates differences and values everyone’s health, safety, and wellbeing.  Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.
 

Testing Required: Not Applicable

Hybrid Role: Must be able to come on-site periodically and reside a commutable distance from the assigned work location.

Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE’s emergency response to storms or other events that impact service to our customers.

Job Summary

Leads oversight and administration of the DTE's Defined Contribution benefit plans.  Analyzes plan documents and provisions to ensure accurate plan administration. Possesses a clear understanding of ERISA/DOL/and IRS provisions pertaining to benefit plans. Reviews processes to ensure compliance with administrative requirements and identifies any gaps for corrective action. Leads projects with vendors and business partners. Provides guidance to less experienced team members and contributes to other related areas of the organization.

Key Accountabilities

• Consults with employees to address questions and concerns regarding benefits eligibility, plan provisions, and other matters related to their benefits.
• Ensures compliance with provisions of all benefits-related and all applicable HR legislation, as well as regulatory agency guidelines, with respect to program execution.
• Conducts highly functional level of data analysis to turn data into actionable items, gain process efficiencies and support finance related activity.
• Partners with vendors and legal counsel to ensure compliance with plans, identify and resolve administration issues, and develop and implement countermeasures to improve processes.
• Partners with vendors and unions to enhance participant education through presentations, workshops, and communication campaigns.
• Leads cross-functional projects, both internally and with outside vendors, to improve processes, address plan compliance issues, enhance the participant experience, etc.
• Provides input to leadership related to benefit plan design and both short- and long-term strategic plans
• Provides input into strategy development for labor negotiations regarding benefits
• Maintains research on industry best practices and provides guidance to other team members

Minimum Education & Experience Requirements

• Bachelor’s degree in human resources, business, or related field
• Five years of experience in designing and/or administering benefit plans related to area(s) of responsibility (i.e., pension, 401k, health and welfare, etc.)

Other Qualifications

Preferred:

• Certified Employee Benefits Specialist with experience in Defined Contribution plans or 7-10 years of experience administering Defined Contribution plans.

Other Requirements:

• Ability to work within a team environment; cooperate with peers, leaders, and individual contributors involved with the team; strong interpersonal skills
• Working knowledge of laws and regulations affecting benefit administration, including the Employee Retirement Income Security Act
• Ability to communicate well with others proficient verbal, nonverbal, written, and presentation skills
• Ability to accurately analyze various forms of data, and assemble findings in a report or graphic format
• Ability to utilize project management techniques and tools; accurately estimate, track, and manage project costs
• Ability to effectively communicate with all management levels of the Company.

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an