Manager, Retirement Plans and Benefits
About The Position
We are the makers of possible BD is one of the largest global medical technology companies in the world. Advancing the world of health is our Purpose, and it's no small feat. It takes the imagination and passion of all of us-from design and engineering to the manufacturing and marketing of our billions of MedTech products per year-to look at the impossible and find transformative solutions that turn dreams into possibilities. We believe that the human element, across our global teams, is what allows us to continually evolve. Join us and discover an environment in which you'll be supported to learn, grow and become your best self. Become a maker of possible with us. Position Summary: As the Manager of Retirement Administration Plans, you will lead the strategic and operational administration of our retirement programs, ensuring compliance, accuracy, and a high-quality experience for our employees and retirees. You will serve as a subject matter expert in retirement benefits overseeing the administration and compliance of the company's defined contribution plans while ensuring operational efficiency, regulatory adherence, and participant satisfaction through effective vendor management and partnering across HR, Payroll, Finance, and external vendors to deliver seamless plan management and support.
Requirements
- Bachelor's degree required with a focus in Human Resources, Finance, Business Administration, or related field preferred.
- Minimum 6 years of experience in retirement plan administration required with at least 2 years in a leadership or senior specialist role required.
- Strong understanding of retirement plan regulations and compliance required.
- Experience with Workday or similar HRIS platforms preferred.
- Proficiency in Microsoft Office Suite with advanced Microsoft Excel skills required.
- Excellent communication, analytical, and project management skills required.
Nice To Haves
- Professional certifications such as CEBS, QPA, or ASPPA designation are a plus.
Responsibilities
- Manage day-to-day operations of multiple retirement plans including 401(k), pension, and non-qualified deferred compensation plans.
- Ensure compliance with ERISA, IRS, DOL, and other regulatory requirements.
- Lead vendor relationships with recordkeepers, actuaries, and consultants to ensure service excellence and plan integrity.
- Oversee benefit calculations, retirement processing, and participant communications.
- Collaborate with Payroll and HRIS teams to ensure data accuracy and timely reporting.
- Monitor legislative changes and recommend plan updates or process improvements.
- Support internal and external audits, including preparation of Form 5500 and other filings.
- Develop and maintain plan documentation, SOPs, and employee-facing resources.
- Provide guidance and education to employees regarding retirement benefits and planning.
- Oversee third-party vendors for recordkeeping, administration, and investment services
- Collaborate with HR and Finance to implement plan updates and enhancements
- Educate employees on retirement benefits through communications and events
- Support cross-functional benefits initiatives and executive compensation programs
- Contribute to Total Rewards strategy and initiatives, including retirement readiness and financial wellness.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Miscellaneous Manufacturing
Number of Employees
5,001-10,000 employees
