PACCAR

Retirement Benefits Manager

PACCAR • $119K — $186K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BA in Business, Human Resources, or related field.
  • 8+ years of experience in benefits or related field, including team leadership.
  • MBA preferred for advanced strategic insight.
  • Strong analytical, financial, and project management skills.
  • Effective communication skills across all organizational levels.
  • Experience with retirement legal compliance and relevant laws.

Responsibilities

  • Manage PACCAR's U.S. retirement programs team for economic soundness and competitiveness.
  • Design and administer pension, 401(k), and supplemental retirement plans.
  • Develop strategies to enhance employee engagement and awareness of retirement plans.
  • Facilitate actuarial valuations, audits, and government filings.
  • Manage vendor relationships to ensure high service levels and performance.
  • Ensure compliance with retirement program regulations and maintain plan documents.
  • Conduct final reviews of pension calculations as requested by participants.

Benefits

  • 401k with up to a 5% company match.
  • Fully funded pension plan providing monthly benefits after retirement.
  • Comprehensive paid time off including a minimum of 10 vacation days and 12 paid holidays.
  • Tuition reimbursement for continued education.
  • Medical, dental, and vision plans for employees and their families.
  • Flexible spending accounts (FSA) and health savings account (HSA).
  • Paid short- and long-term disability programs.
  • Life and accidental death and dismemberment insurance.
  • EAP services including wellness plans and financial counseling.
  • Eligibility for a holiday gift.
Full Job Description
Requisition Summary

PACCAR provides excellent benefits to our employees and their families. Our collaborative Corporate Benefits Team works together with HR professionals across the U.S. to ensure our programs are expertly administered and that our plan participants get maximum value. We are looking for a Retirement Benefits Manager to lead our team of professionals who administer our programs, manage our vendor-partners and drives special projects and changes to resolution.

The Retirement Benefits Manager oversees our pension, 401(k) and supplemental retirement plans. This includes ongoing design, compliance, communications and administration.

Job Functions / Responsibilities

We are looking for a dedicated benefits professional for our team. In this role, you will:
  • Manage PACCAR's U.S. retirement programs team and to ensure they are economically sound, internally equitable and externally competitive.
  • Design and administer U.S. retirement programs that include pension, 401(k) and supplemental plans.
  • Develop engagement and communication strategies to increase employees' awareness and appreciation of plans.
  • Responsible for facilitating actuarial valuations, annual audits, annual government filings, required plan communications and portions of the annual report/10K.
  • Manage vendor relationships to ensure all performance commitments are met and that PACCAR is receiving a high level of customer service.
  • Ensure regulatory compliance with applicable laws for retirement programs and associated policies and procedures. Maintain plan documents.
  • Conduct final review of pension calculations, estimated and final, as requested by participants.


Qualifications

  • BA in Business, Human Resources or related field.
  • 8+ years of benefits, or related field, experience including team leadership
  • MBA preferred.
  • Established analytical and financial skills; strong project management skills; strong attention to detail; leadership skills; high level of commitment to quality.
  • Effective communication skills across all levels of organization.
  • Retirement legal compliance experience with working knowledge of law.


Benefits

As a U.S. PACCAR employee, you have a full range of benefit options including:
  • 401k with up to a 5% company match
  • Fully funded pension plan that provides monthly benefits after retirement
  • Comprehensive paid time off - minimum of 10 paid vacation days (additional days are provided with additional seniority/years of service), 12 paid holidays, and sick time
  • Tuition reimbursement for continued education
  • Medical, dental, and vision plans for you and your family
  • Flexible spending accounts (FSA) and health savings account (HSA)
  • Paid short-and long-term disability programs
  • Life and accidental death and dismemberment insurance
  • EAP services including wellness plans, estate planning, financial counseling and more
  • This position is also eligible for a holiday gift.


Additional Job Board Information

We carefully consider numerous compensation factors including your education, training, or experience. The salary range for the Retirement Benefits Manager role is $119,100 - $186,300 annually. Additionally, this role is eligible for the full range of benefit options listed above.

About PACCAR

PACCAR Careers

Join the PACCAR team today and be part of a global leader known for its commitment to excellence and innovation in the automotive industry. At PACCAR, we offer a range of job opportunities that allow you to put your skills to work in a dynamic environment that fosters growth, leadership, and professional development.

Work You’ll Do

At PACCAR, we believe in empowering our employees to drive their career paths with robust support and resources. Engage in challenging projects that not only enhance your skills but also contribute to groundbreaking innovation and sustainable practices in the truck manufacturing industry.

Explore PACCAR’s Diverse Opportunities

Whether you're looking for a full-time position, an internship, or a leadership role, PACCAR has a place for you. Our team is composed of dedicated professionals who bring their unique perspectives and skills to the table every day. We are committed to diversity and provide comprehensive diversity training to ensure an inclusive culture where everyone feels valued.

Innovate and Lead

Join a company that is at the forefront of the transportation sector, where innovation leads to real-world solutions and market leadership. PACCAR is not just about trucks; it's about technological advancements that revolutionize how the world moves.

Grow and Develop

PACCAR is deeply invested in the professional growth of its employees. With access to cutting-edge tools and technologies, our team members enjoy unparalleled opportunities for career advancement and skill enhancement through continuous learning and development programs.

Benefits and Culture

PACCAR’s culture is built on a foundation of respect, integrity, and excellence. We offer competitive benefits to ensure the well-being of our employees and their families. From health and wellness programs to retirement plans, we provide the benefits that contribute to a healthy and secure future.

Join Our Team

Discover the wide range of employment opportunities at PACCAR. From engineering to sales, and from supply chain management to customer service, your next career step could be just around the corner. We are actively hiring and looking for ambitious individuals who are ready to make an impact.

Networking and Professional Development

At PACCAR, networking and professional development are part of our DNA. Connect with leaders and peers within the company through various networking events, mentorship programs, and professional groups. Enhance your resume and interview skills through our tailored career development sessions and become a prime candidate for advancement within the company.

Stay Connected

Keep up to date with the latest at PACCAR by joining our career network. Receive personalized job alerts and insider tips that match your interests and skills. Explore the exciting and rewarding career opportunities that await at PACCAR.

Search PACCAR Jobs

Ready to take the next step in your career? Search open positions that align with your skills and interests. We look for passionate, curious, and solution-driven team players who are ready to contribute to our legacy of quality and innovation.

Join PACCAR—where your career journey aligns with outstanding innovation and a thriving company culture.

Learn more about PACCAR
Size
28,500 employees
Market Cap
$34.6 billion
Industry
Net Income
$1.2 billion
Founded
1905
5 Year Trend
+6.7%
Revenue
$18.7 billion
NASDAQ

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