Benefits Plan Manager (Plan Administration) Office of Employee Benefits

Federal Reserve Bank of Philadelphia•Newark, NJ
•Onsite

About The Position

As an employee of the Atlanta Fed, working for the Office of Employee Benefits (OEB) in Newark, NJ, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper. The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are required to be onsite according to the schedule set by your management. The primary focus of this role is managing a team to be as successful as possible, meeting performance expectations and driving progress every day in our work. This team manages highly complex retirement benefits programs offered to employees, retirees and dependents of the Federal Reserve System. The team manages many facets of relationships and service performances of external vendors, partners with many internal vendors to ensure compliance and best delivery. Critical thinking, financial savvy, collaboration, and strong communication skills are key to effective program management. We’re looking for an experienced and confident people leader, ideally with a background in guiding operational teams through periods of change. Demonstrated ability to drive process improvement, manage projects effectively, and establish procedural rigor through strong team leadership. You’ll manage a team working across the Federal Reserve System, on all retirement programs to research best practices, benchmark programs, evaluate trends, recommend and continuously evaluate the Federal Reserve’s benefits program. You will report to the AVP, Plan Administration. You will be working in Newark, NJ for a division of the Federal Reserve Bank of Atlanta (Office of Employee Benefits) as part of the Plan Administration team’s one of two Benefits Plan Managers overseeing multiple programs, vendors and communicating with stakeholders across the Federal Reserve System.

Requirements

  • Bachelor's Degree or 4 years equivalent experience
  • Eight+ years of experience preferred, at least three managing a team
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Nice To Haves

  • ideally with a background in guiding operational teams through periods of change.
  • Demonstrated ability to drive process improvement, manage projects effectively, and establish procedural rigor through strong team leadership.

Responsibilities

  • Serves as coach and support to those accountable for vendor management responsibilities for System-wide benefits programs.
  • Ensures self and team maintain current knowledge of and relevant certifications in legal, regulatory, plan compliance and changes for System benefits.
  • Uses data to regularly recommend benefit plan strategies, evaluation of plan design changes, cost and participant impact.
  • Lead continuous improvement in process and identify policy enhancements and opportunities to offer appropriate benefits backage to the Federal Reserve System.
  • Develop and lead presentations for oversight committees and Reserve Bank and Board of Governors stakeholders.
  • Lead high-visibility projects with measurable outcomes.

Benefits

  • Comprehensive healthcare options (Medical, Dental, and Vision)
  • 401K match, and a fully funded pension plan
  • Paid vacation and holidays; flexible work environment
  • Generously subsidized public transportation
  • Education Assistance Program
  • Professional development programs, training and conferences
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