Job Information
MAPFRE Insurance Director, Employee Benefits in Webster, Massachusetts
Director, Employee Benefits
Date: Jun 24, 2024
Location:
Webster, MA, US
Company: MAPFRE
Job Summary
Reporting to the Vice President, Rewards, the Director, Employee Benefits leads a team of Benefits professionals in the development of creative, market-competitive Retirement, Health and Wellness Plans. The primary focus of this role is the management of the MAPFRE USA 401k and Profit-Sharing Plan, and secondarily to provide leadership and support to the Health & Wellness Benefits team.
Knowledge, Skills and Abilities
Education: Bachelor's Degree or professional level of knowledge in a specialized field, or equivalent related experience preferred.
Experience: 9 - 11 years or Bachelor's Degree equivalent plus 11 - 13 years.
Knowledge: Extensive level of professional knowledge in field across multiple disciplines and broad business segment. Extensive knowledge of management practices.
Additional Knowledge, Skills and Abilities
• 10 years of experience in Benefit Plan management
• Deep understanding and expertise in ERISA plan management gained through plan management experience with Retirement Plans and self-funded Medical high deductible plans.
• Extensive knowledge of best benefits administration practices and relevant regulations
• Professional designation such as WorldatWork Certified Benefits Professional (CBP) and/or Certified Employee Benefits Specialist (CEBS) is highly desired
Work closely with Vice President, Rewards, other HR and Finance staff to identify opportunities to measure and improve process effectiveness, cost and quality
Lead and manage the day-to-day administration of the 401k & Profit-Sharing Plan, seeking to streamline administrative processes and maintain our strong employee participation level
Manage the annual calendar of meetings and topics for consideration of the MAPFRE USA Retirement Administration and Investment Committee in conjunction with our Plan Fiduciary Consultant
Prepare materials for ratification by the MAPFRE USA Board of Directors in collaboration with the Legal department
Design and execute a Financial Wellness strategy to meet the needs of a four-generation workforce
Engage with the Health & Wellness team and outside Benefits Consultants/Brokers to design cost-effective, market-competitive benefits
Recommend enhancements to communication strategies and overall plan administration practices.
Collaborate with and build strong relationships with all HR staff
Manage relationships with our Benefit Broker and all external vendors
Lead the development of the Annual Benefits Program budget
Exceptional leadership and team management skills
Proficiency in Microsoft office suite
Excellent presentation and writing skills
If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at talentacquisition@mapfreusa.com .
We are proud to be an equal opportunity employer.
Nearest Major Market: Worcester
Job Segment: Recruiting, Manager, Compensation, HR, Human Resources, Management
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