Global Retirement Benefits Manager

Company: Disability Solutions
Location: Libertyville
Posted on: November 17, 2024

Job Description:

We Make Life More Rewarding and Dignified Location: Libertyville Department: Human Resources Summary: The Global Retirement Benefits Manager will be responsible for the execution of the design, strategy & financial risk management of employee retirement programs worldwide and reports to the Sr. Manager, Global Benefits. This role ensures that the company's retirement plans are competitive, compliant, and aligned with the overall benefits strategy. Develop and implement strategies to enhance retirement benefits, improve employee engagement, develop financial wellbeing initiatives, and support the company's talent retention goals. This role will partner with in-country HR leadership, Legal, Treasury, Corporate Benefit Committee, Sr. Manager, Global Benefits and external vendors to ensure plans are operationally efficient and compliant while managing financial risk appropriately. This role will also manage vendor relationships, develop retirement plan design solutions in support of union negotiations and business transactions and support employee communications. Hollister operates in a hybrid work environment. There is potential for this role to be based in any of our US locations; (Libertyville, IL, Stuarts Draft, VA or Mt Juliet, TN). Responsibilities:

• Understanding or management of compliance, design, governance, and financial risk management of global defined benefit and defined contribution plans
• Oversee periodic market data analysis and adjust design and strategy, accordingly, ensuring programs attract and retain key talent while supporting our business and managing risk appropriately
• Develop recommendations, provide consultation, and support implementation of retirement design changes and financial risk management initiatives, balancing business needs, employee experience, attraction and retention, operational efficiency, and Finance, Legal, and Tax implications
• Develop business cases to support plan design and vendor changes, partnering with Sr. Manager Global Benefits, the business and key stakeholders on retirement plan initiatives
• Develop employee communications, provide support for retirement plan briefings to Leadership/Executive teams and Pension Committees/Boards
• Partner with Procurement and Benefits Team to manage vendor relationships, conduct RFPs, support contracting process, manage costs, and approve/allocate vendor payments
• Financial Oversight: Monitor and manage the financial performance of retirement plans, including budgeting, forecasting, and reporting
• Collaborate with Benefits Team and/or HR to implement plan design and vendor changes, and to ensure a seamless employee experience
• Guarantee adherence with laws and company policies
• Other duties as assigned Requirements:
  • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field OR equivalent experience
    • Master's degree or relevant certification (e.g., CEBS, PHR) is preferred
    • 8-12 years of experience in benefits management, with a focus on retirement plans: Defined Benefit Plans and Defined Contribution Plans
      • Experience in a global or multinational company is highly desirable
      • Compensation experience is desirable
      • Strong knowledge of retirement plan regulations and compliance requirements
      • Excellent analytical and problem-solving skills
      • Strong project management and organizational skills
      • Effective communication and interpersonal skills
      • Ability to work collaboratively with cross-functional teams and external vendors
      • Proficiency in HRIS and benefits administration software Our Total Rewards package in aggregate is above market and includes competitive pay, generous paid time off programs, peer-to-peer recognition, health and life insurance, wellness programs and incentives, generous retirement savings, and a unique Benefit of Employee Share Ownership Program (BESOP). About Hollister Incorporated Hollister Incorporated is an independent, employee-owned company that develops, manufactures and markets healthcare products worldwide. The company spearheads the advancement of innovative products for ostomy care, continence care and critical care, and also creates educational support materials for patients and healthcare professionals. Headquartered in Libertyville, Illinois, Hollister has manufacturing and distribution centers on three continents and sells in nearly 80 countries. Hollister is a wholly owned subsidiary of The Firm of John Dickinson Schneider, Inc., and is guided both by its Mission to make life more rewarding and dignified for people who use our products and services, as well as its Vision to grow and prosper as an independent, employee-owned company, and in the process, to become better human beings.Hollister is an EO employer - M/F/Veteran/DisabilityJob Req ID: 33752

Keywords: Disability Solutions, Lombard , Global Retirement Benefits Manager, Executive , Libertyville, Illinois