Description
Work Arrangement:
This role is categorized as hybrid. This means the successful candidate is expected to report to Warren three times per week, at minimum.
The Role:
The Manager, U.S. Retirement will report to the Director, Global Benefits, Labor Relations and Hourly Compensation and lead a team responsible for development, design, and operations supporting Defined Contribution Plans, Defined Benefit Plans, Health Savings Accounts, profit sharing, and financial well-being strategy.
This position is responsible for the strategy development, analysis, assessment and operations of the salaried and hourly plans listed above. Key components include:
- Analysis of plan data and recommendation of future strategic initiatives for financial wellness and retirement readiness
- Strategic plan benchmarking studies
- Development of the annual retirement and savings plan design and recommendations
- Develop, bargain and implement U.S. hourly pension, savings and profit sharing and manage ongoing relationship with union partners
- Support Labor Relations in development of labor strategy
- Develop plan language and recommend updates to existing plan provisions, including partnering with third-party administrators on benefit design, implementation, communication, and delivery
- Analyze proposed and current legislative and regulatory changes (PBGC, DOL, ERISA) and recommend plan strategies as appropriate
- Assess "best practices" in the marketplace and recommend new technology or tools to facilitate employee engagement in personal financial management
- Evaluate and make recommendations for new technology (i.e. mobile applications for retirement readiness) and research state-of-the-art retirement/financial planning products
- Management of annual pension valuation census data report and assumptions in support of plan administrator certification process
- Complete monthly, quarterly and annual internal control tasks
- Update Summary Plan Descriptions
- Support pension and savings plan audits, internal and external
- Develop training and communications materials for Union Benefits Conferences, Union Benefit Representatives and salaried employees
- Provide direction and collaborate with GM Labor Relations, Human Resources, Policy, Legal, Tax, Finance, Treasury Operations and third-party administrators
- Oversee daily operations of retirement and savings programs for U.S. salaried, hourly, executive active employees and retirees, as applicable
- Flawlessly implement changes to existing or new benefit programs
- Ensure governance, compliance, and fiduciary responsibilities of benefit programs
- Have a process excellence mindset by identifying opportunities for greater standardization, process documentation, automation and participant education to improve employee experience and plan outcomes
- Manage third party vendor relationships and competitive bids with cross-functional support
- Create a positive environment with a focus to develop, motivate and mentor the team
- Oversee the development, implementation and communication of listed benefit programs and provide counsel and disposition regarding the administration of those policies and procedures
- Determine appropriate solutions and oversee the resolution of special or complex administration matters
- Review and implement plan amendments/restatements
- Develop standard operating procedures to standardize and streamline processes by utilizing best practices for all administration duties.
- Interact with service providers to proactively identify problems and issues and work to resolve and preserve data integrity
- Manage all administration special projects that may arise from regulatory, business or negotiated changes. Ex: SECURE 2.0
- Conduct research, identify data/metrics for analysis to aid in developing plan design strategy and labor negotiations
Additional Description
Qualifications:
- Bachelor's degree in business, Human Resources, Finance or related field, or related experience.
- 8+ years of experience in U.S. benefits, specifically Defined Benefit and Defined Contribution plans
- 5+ years of leadership experience
- Ability to understand the regulatory and compliance environment in the U.S. and impact to benefit programs
- Experience in union relationships
- Ability to interact comfortably with employees and leaders at all levels and proven ability to work in a team environment
- Ability to think creatively and strategically
- Capability to simultaneously manage multiple tasks and projects
- Ability to prioritize and be responsive to rapidly changing priorities
- Project management, change management and continuous improvement experience preferred
- Highly proficient analytical, organizational and project management skills
- Expertise to present data, findings, and potential actions/solutions to stakeholders
Skills/Competencies:
- Ability to work collaboratively
- Powerful analytical skills
- Effective consulting skills
- Strategic thinking skills to translate program design into operational requirements
- Ability to prioritize and balance sense of urgency
- Strong communication skills
- Managerial courage
- Interpersonal Savvy
- Ability to manage ambiguity
- Ability to solve complex problems
- Flexibility and organizational agility
- Vendor management capability
- Broad understanding of data relationships, systems functionality/feeds and connectivity to external vendors
Relocation:
- This job may be eligible for relocation benefits.
GM DOES NOT PROVIDE IMMIGRATION-RELATED SPONSORSHIP FOR THIS ROLE. DO NOT APPLY FOR THIS ROLE IF YOU WILL NEED GM IMMIGRATION SPONSORSHIP (e.g., H-1B, TN, STEM OPT, etc.) NOW OR IN THE FUTURE.
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Roles that are categorized as Hybrid mean that the successful candidate is expected to report onsite to the designated facility at least three times per week or other frequency as dictated by the business.