At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.
Job Description
The Retirement Senior Manager is responsible the overall delivery of benefit design & planning initiatives to all plan participants by applying professional judgment, knowledge experience and a broad perspective. The individual will be responsible for all aspects of benefit plans and programs including vendor management, compliance, project management, strategic planning and design and communication. In addition, the individual be responsible for implementing, managing and developing innovative solutions that support the business unit strategy and design by applying thought leadership and their subject matter expertise.
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Key Responsibilities
- Adapt plans and priorities to address resource and operational challenges. Develop strategies for adjusted courses of action.
- Monitor budgets and operational effectiveness.
- Review and approve all filing requirements and employee notices.
- Ensure all plans and programs are compliant with ERISA and all applicable federal and state laws within their entire work stream. Take appropriate corrective action as necessary to ensure compliance.
- Ensure vendors are adhering to statement of work, service level agreements and contract terms including costs and out of scope fees. Take appropriate corrective action as necessary to ensure adherence to contract provisions.
- Provide oversight for all vendor relationships within their work stream.
- Responsible for the design of benefit programs/plans that are cost effective, competitive and attracts/retains quality employees. Provide leadership with various design options and recommendations.
- Establish strategic priorities and direction for the work stream. Ensure internal/external understanding of the overall business unit strategy.
- Develop, manage, and execute project plans, including managing project resources and budgets. See project through to completion.
- Manage implementation of large/complex projects that affect multiple work streams, or that potentially has significant financial impact or impact on large groups of employees.
Education
- Bachelor's Degree (Preferred)
Experience
- 10 or more years of experience (Preferred)
- Pension experience (Preferred)
Functional Skills
- Expertise in designing and structuring retirement plans, including Defined Benefit and Defined Contribution plans, 401(k), and pension plans.
- Ability to analyze data and trends in benefit programs and budgets, using insights to recommend process improvements.
- Ability to work closely with finance teams to assess the financial health of retirement plans, including funding levels, liabilities, and costs.
- Experience with handling private capital committee materials
Supervisory Responsibilities
- This job has supervisory duties.
Education & Experience (in lieu)
- In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
Skills
401k Planning, Communication, Customer Centricity, Digital Literacy, HR Benefits, Inclusive Leadership, Learning Agility, Pension Law, Pensions, Relationship Management, Results-Oriented
Compensation
Compensation offered for this role is $112,000.00 - 196,750.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.
You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've proven that Allstate empowers everyone to lead, drive change and give back where they work and live.
Good Hands. Greater Together.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
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