Job Description
Position Summary The VP, Retirement Benefits provides oversight, leadership, and strategic direction to operations related to the administration and processing of retirement benefits for client funds, in accordance with Company guidelines, client needs, and regulatory requirements.
"Has minimum necessary access to Protected Health Information (PHI) and Personally Identifiable Information (PII) by Job Description/Role."
Key Duties and Responsibilities - Establishes, implements, and communicates the strategic direction of the Retirement Benefits department.
- Oversees all aspects of retirement benefits operations to ensure client needs and expectations are consistently met.
- Mentors, coaches, and trains leadership staff consistent with Company values and mission.
- Develops staff through performance management, goal setting, training, and effective employee relations to ensure superior service is consistently provided.
- Implements and monitors internal systems, policies, and procedures to ensure efficient and effective operations. Oversees quality and quantity of work produced to ensure compliance with regulatory requirements and Plan guidelines are consistently met.
- Oversees the management of expenses and labor allocations for assigned location to ensure operations remain within budget parameters; determines and implements appropriate course correction when needed.
- Ensures compliance with regulatory requirements and timely delivery of retirement benefits in accordance with Service Level Agreements and Company guidelines. Partners with Client Services to resolve issues on clients' accounts as needed.
- Works with the Retirement Benefits Initiatives team to oversee new client implementations and staff training
- Keeps abreast of industry changes affecting retirement benefit operations.
- Attends Board of Trustee meetings to provide retirement benefits updates as needed.
- May participate in presentations for new business or clients.
- Performs other duties as assigned.
Minimum Qualifications - Bachelor's degree in business administration, finance, or accounting.
- Twelve years of experience working in retirement benefits.
- Seven years of experience in an operations management role.
- Thorough knowledge of defined benefit plans, defined contribution plans, 401(k) plans and benefits administration systems.
- Thorough understanding of ERISA compliance or regulatory procedures.
- Professional maturity with proven success nurturing internal and external relationships.
- Proven ability to recruit, lead and motivate a successful management team.
- Excellent verbal and written communication skills, including interpersonal skills.
- Aptitude for strategic thinking and experience executing process improvement measures.
- Strong decision-making and organizational skills, with the ability to optimize the use of all available resources and deliver on multiple priorities.
- Ability to effectively manage remote employees in diverse locations and regions.
- Must be willing to travel as business dictates.
- Computer proficiency including Microsoft Office tools and applications.
Preferred Qualifications - Master of Business Administration
- Experience working in a third-party administrator or Taft-Hartley environment.
*Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee of this job. Duties, responsibilities and activities may change at any time with or without notice.
Working Conditions/Physical Effort - Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
Disability Accommodation Consistent with the Americans with Disabilities Act (ADA) and other applicable federal and state law, it is the policy of Zenith American Solutions to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please contact the Recruiting Department at recruiting@zenith-american.com , and we would be happy to assist you.
Zenith American Solutions Real People. Real Solutions. National Reach. Local Expertise. We are currently looking for a dedicated, energetic employee with the necessary skills, initiative, and personality, along with the desire to get the most out of their working life, to help us be our best every day.
Zenith American Solutions is the largest independent Third Party Administrator in the United States and currently operates over 44 offices nationwide. The original entity of Zenith American has been in business since 1944. Our company was formed as the result of a merger between Zenith Administrators and American Benefit Plan Administrators in 2011. By combining resources, best practices and scale, the new organization is even stronger and better than before.
We believe the best way to realize our better systems for better service philosophy is to hire the best employees. We're always looking for talented individuals who share our dedication to high-quality work, exceptional service and mutual respect. If you're interested in working in an environment where people - employees and clients - really matter, consider bringing your talents to Zenith American!
We realize the importance a comprehensive benefits program to our employees and their families. As part of our total compensation package, we offer an array of benefits including health, vision, and dental coverage, a retirement savings 401(k) plan with company match, paid time off (PTO), great opportunities for growth, and much, much more!
Job Tags
Permanent employment, Local area, Remote job,