Director, US Benefits Compliance & Retirement Program

Marsh McLennan • New York, NY

8d • $146,500 - $293,000 • Hybrid

About The Position

As part of the People Experience team within the People Function, the Global Benefits & Mobility COE leads the design, compliance, and administration of MMC's employee benefits and mobility programs worldwide. We ensure competitive, compliant, and cost-effective benefits offerings that support employee wellbeing and business goals while managing complex regulatory requirements. The Director, US Benefits Compliance & Retirement Program is a senior leader responsible for ensuring compliance and effective administration of all US employee benefit programs at MMC. This role leads a team and partners across Legal, Finance, HR, and external vendors to manage fiduciary obligations, regulatory filings, audits, and benefits strategy. The Director, US Benefits Compliance & Retirement Program combines deep technical expertise with strong leadership and influencing skills to drive compliance, optimize benefits design, and support MMC's business objectives. This role reports directly to our Global Benefits & Mobility Leader and requires working from our NYC office at least three days a week.

Requirements

• A Bachelor's degree in Human Resources, Business Administration, Finance, Law, or related field
• A minimum of 12 years of progressive experience in employee benefits administration, compliance, and plan management within large a complex organization.

Nice To Haves

• Having an advanced degree or relevant certifications (e.g., CEBS, CPC, QKA, CBP, SHRM-SCP/SPHR).
• Proven expertise in US employee benefits regulations, fiduciary responsibilities, and regulatory filings.
• S trong leadership experience managing teams and influencing cross-functional partners.
• Excellent communication skills with the ability to translate complex technical information for diverse audiences.
• Demonstrated financial acumen managing large benefits budgets and reporting.
• Experience with ERISA claims processes, nondiscrimination testing, and benefits-related audits.
• Ability to manage multiple priorities in a fast-paced environment and lead by example.

Responsibilities

• Lead and manage the US benefits compliance function, ensuring adherence to federal and state regulations including ERISA, IRS, DOL, ACA.
• Oversee fiduciary responsibilities related to MMC's US Retirement, Savings, Health & Welfare, and deferred compensation plans.
• Manage regulatory filings and reporting (e.g., Forms 5500, 990, 990-T, 1094-C/1095-C, PCORI, PBGC, 11-K, etc.), compliance audits, and responses to government inquiries.
• Provide expert interpretation of benefit plans, contracts, trust agreements, and employment agreements to advise internal stakeholders.
• Lead a team of direct reports, fostering development and ensuring effective day-to-day administration of benefit programs with respect to compliance and self-correction programs.
• Collaborate cross-functionally with Legal, Finance, Treasury, HR, and external consultants to support benefits strategy, funding, and plan design.
• Manage vendor relationships related to benefits compliance and finance.
• Oversee budgeting, forecasting, and variance reporting for US benefits programs.
• Support M&A activities by evaluating and integrating employee benefits for acquisitions and divestitures and conducting due diligence reviews.
• Drive continuous improvement initiatives to enhance compliance processes and employee experience.
• Be technically proficient with respect to the compliance of all benefit plans, including tax-qualified and non-tax qualified, deferred compensation, defined contribution, defined benefit plans, health and welfare (H&W) benefit plans, and benefit plans identified in individual employment agreements.
• Advise and direct colleagues on resolution of complicated benefit plan issues, contract and trust agreement interpretations as well as individual participant inquiries.
• Deep understanding of VEBA Trusts and Unrelated Business Income Tax.
• Oversee benefits strategy, design, and administration of U.S. tax-qualified and non-tax qualified defined benefit retirement plans.
• Manage nondiscrimination testing including ADP/ACP, 415, DCAP with assistance of applicable subject matter experts.

Benefits

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being
• health and welfare benefits
• tuition assistance
• 401K savings and other retirement programs
• employee assistance programs

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees