Retirement & Financial Benefits Program Manager

Veolia • Paramus, NJ

1d

About The Position

Veolia in North America is the top-ranked environmental company in the United States for three consecutive years, and the country’s largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. Veolia helps commercial, industrial, healthcare, higher education and municipality customers throughout North America. Headquartered in Boston, Veolia has more than 10,000 employees working at more than 350 locations across North America. Position Purpose: You contribute to Veolia’s success by overseeing & executing implementation, compliance, legislative changes, analysis, plan management, administration support, vendor management, RFP & integration, relevant projects and communication of all retirement & financial benefit plans including, but not limited to, 401(k), pension, nonqualified programs, life insurance and/or retiree medical welfare plans. Provide support on union negotiations &/or merger and acquisition (M&A) initiatives by assessing retirement proposals during negotiations, potential acquisitions due diligence and leading the integration of retirement & financial benefit strategies and programs for newly acquired entities. Individual contributor role.

Requirements

• BA or BS in a related area or equivalent experience required; graduate degree preferred.
• 8+ plus years of experience with a strong background development, compliance and delivery of qualified defined contributions (401(k), defined benefits (pension) and retiree welfare retirement benefit programs for large companies. Combination corporate & consulting experience preferred.
• Combined with 4+ years of M&A activities & complex labor unions environment.
• Experience merging & managing complex U.S. & Puerto Rico qualified and non-qualified defined benefits (DB) and defined contribution (DC) plans for acquired companies and complex complex labor unions individual & multiemployer retirement plans is required.
• Demonstrated experience with Workday HRIS, Defined Contribution (DC) & Defined Benefits (DB) provider tools (e.g., Fidelity 401k provider, Wex benefits administration, WTW EEpoint) system, pension administration tools & AI experience required.
• Experience in working in an environment with HR Shared Services or outsourced HR Operations.
• Experience in administration of both pension & 401k Defined Benefits (DB) & Defined Contribution (DC) retirement plans.
• High level of attention to detail.
• Proven ability to develop and monitor processes to ensure plan management is of the highest quality.
• Proven project management skills & demonstrated experience with project management tools.
• Excellent capability to utilize Google Suite products such as Google Doc, Google Sheets & Google Slides.
• Comprehensive knowledge of retirement benefit plan principles and practices, as well as state and federal government regulations, compliance & operations.
• Strong analytical skills and understanding of retirement actuarial concepts and problem-solving skills, to assess, identify problems and escalate when necessary.
• A track record of building strong relationships and people partnership skills.
• Excellent verbal and written communication skills to participants, vendor partners and broad level of internal stakeholders.
• Strong ability to present information in an objective and logical manner for effective decision making as well as strong negotiation and influencing ability.
• Ability to work effectively in a fast-paced, team-oriented, "hands-on" environment.
• Ability to maintain confidential information.

Nice To Haves

• Knowledge of Canadian benefit plans an asset.
• Specialty retirement, compensation and/or benefits certification preferred.

Responsibilities

• Manage, support and deliver employee qualified and nonqualified retirement programs projects and other financial benefits and education for employees, HR team and managers.
• Support retirement programs project management for union negotiations &/or acquired companies &/or M&A, oversee the project and implementation of competitive harmonized retirement benefits.
• Partner with ERISA counsel and vendors to ensure compliance requirements meet or exceed for all retirement plans including providing guidance regarding new or existing DOL and IRS regulations relating to plan audits, financial reporting, government form filings (e.g., Form 5500), funding notices (SAR/AFN) and reporting, SPD/plan amendments etc.
• Maintain awareness of current retirement benefits programs, market trends, legislative, tax, and social changes. Assess impact to the Company’s programs and design, advise senior leadership on recommended improvements and necessary updates, and manage implementation of changes as needed.
• Lead the communication/marketing of benefits programs to ensure that the financial investment is optimized through employee understanding, attraction and retention.
• Develop fiscal year budget for all retirement program costs. Accountable for tracking plan costs on monthly, quarterly &/or annual basis.
• Serve as liaison and manage relationships with investment advisors with regard to investment management, quarterly fiduciary meetings, etc.
• Coordinate fiduciary meetings, non-discrimination testing, audits and/or any other matters related to retirement & financial benefit plans to ensure compliant plan management.
• Design, develop, monitor, and analyze benchmarking data and other metrics relevant to retirement and financial benefits.
• Partner with People (HR) Services & HRIS to provide guidance and support timely day to day matters &/or corrections.
• Support evaluation, recommendation and/or selection of retirement and/or financial benefit providers. Make recommendations to management and act as a key facilitator for decisions in negotiations with benefit providers, auditors and consultants for services and implement all programs and initiatives on time, on budget as approved.
• Lead & execute projects and initiatives with cross functional areas, such as internal shared services, other members of the benefits’ team, business unit teams, labor relations and/or outside vendors.
• Collaborate with HR partners to ensure a good understanding of programs and policies and to ensure coordination across groups.
• Ensure programs and processes are documented, appropriately administered and that the highest standards of service and compliance are regularly met.
• Serve in a consultative role for Canadian benefits team.

Benefits

• Veolia’s comprehensive benefits package includes paid time off policies, as well as health, dental, vision, life insurance, savings accounts, tuition reimbursement, paid volunteering and more.
• In addition, employees are also entitled to participate in an employer sponsored 401(k) plan, to save for retirement.

What This Job Offers

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