Manager 401(k) Plan Support.Position Summary :The Health & Wealth leadership team has responsibility for delivery of the national TotalSource Health and Wealth programs enabling clients to focus on their core activities, maximizing value and effectiveness across the full range of HR programs, thereby creating a more strategic HR delivery to their workforce. These programs include group medical, dental, vision, life insurance, disability, voluntary, ancillary (i.e., Spending/Savings, Health Advocacy, EAP, Perks) and Multiple Employer Plan (MEP)/401k Retirement Plan. Drives the design and delivery of ADP TotalSource's Health and Wealth services and ensuring services are provided in alignment with quality and service standards, and in compliance with applicable laws (Federal, State and local). Manage large complex relationships with external parties, including insurance, brokerage, consulting, recordkeeping, audit, legal and investment vendors, to ensure procedural and fiduciary requirements of the plans are met and to conduct periodic RFPs to negotiate state of the art services and competitive pricing on behalf of clients and worksite employees. Work with the governing Committees of the Health - Wealth plans and other TotalSource leadership to drive strategy, design, service enhancements and fiduciary oversight. offering supports over 500,000 worksite employees and Health premiums exceeding $3.5b in revenue and over $4.5b of 401k/MEP assets.
Essential Duties - Responsibilities :- Manage Daily Activities - manage associates responsible for achieving internal and external service and operational standards. Monitor cases, service level agreements (SLAs) and client satisfaction. Utilize call monitoring, tNPS, NPS, and additional channels to identify opportunities for coaching and ability to perform at set standards. Serve as point of escalation for items requiring additional support and oversight.
- Process Improvement - Analyze operational workflows and processes and develop standards, policies and procedures. As applicable, partner with and maintain relationships, resources and operational controls with offshored resources to ensure world class service and achievement of targeted performance standards. Drive continuous process development, improvements and refinement, including development of standards that drive excellence, measurable results, scale and consistency. Ensures staff training is completed to capitalize on standardized processes and service standards.
- Talent Development - Engagement - Lead and inspire team (including offshored and contingent associates) to deliver exceptional quality service to clients on health and wealth activities. Drive associate engagement, retention, talent/career development, performance coaching and appropriate programs to enhance the service experience and technical expertise. Handle personnel duties for department including selection recommendations for salary increases and promotions.
- Financial Management and Budgeting - develop staffing models and refinement including creation of hiring profiles for all functions, new hire training - assimilation programs. Set and ensure adherence to financial components including overtime, contingent workforce resources and business expenditures.
- Compliance/Risk Management - Risk mitigation through development and application of effective controls, communications, reporting and checks - balances to reduce financial exposure and liability. Ensure compliance with Section 125, ERISA, FSA, COBRA, HIPAA, COBRA, FMLA, USERRA and any other applicable city, county, state and federal benefit laws. Manage activities associated with annual filings such as 5500.
- Strategy and Business Advancement - Partner with business development, sales and strategy to identify service and product offering, pricing and definition. Participate in enhancement projects to improve customer service and retention.
- Vendor Relationship Management - manage plan operations and services. Leads relationships with vendors as appropriate (Health carriers, anciallary providers, MEP/Retirement Plan). Works with vendor on identified areas of opportunity contributing to continuously improving performance excellence.
TO SUCCEED IN THIS ROLE: Requirements
Experience:- 3-5 Years of Directly related experience.
- A bachelor's degree is preferred but not required. What's more important is having the skills and experience to do the job. Other acceptable experiences could include:
- Experience noted above, OR
- Military experience where skills including teamwork, adaptability, organization, and follow-through will help you build team and client relationships, identify solutions, and achieve success.
What are you waiting for? Apply today!
Preferred Qualifications - Bonus points for these: Preferred Qualifications- 401(k) Administrator (QKA) certification highly preferred
- Strong Excel skills
- Desire to learn, grow, work alongside your team members, troubleshoot and problem-solve
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