Job Details
Associate Retirement Benefits Lead
**Become a part of our caring community and help us put health first**
The Associate Retirement Benefits Lead applies forward-looking, innovative thought to strategy, design and delivery to help position the company as an employer-of-choice in the present and future. The Associate Benefits Lead works on problems of diverse scope and complexity ranging from moderate to substantial.
The Associate Retirement Benefits Lead utilizes deep understanding of contemporary practice and the associate community to develop and implement competitive benefit opportunities that contribute to associates and emphasize perceived value while balancing expense and business requirements, including regulatory compliance. Advises executives to develop functional strategies (often segment specific) on matters of significance. Exercises independent judgment and decision making on complex issues regarding job duties and related tasks, and works under minimal supervision, Uses independent judgment requiring analysis of variable factors and determining the best course of action.
**Use your skills to make an impact**
This role will be responsible for overseeing and implementing various strategic initiatives within the Humana retirement plans program. The Lead will also collaborate with our HR core partners along with our vendor partners on strategy, design, communications, and compliance.
Under the general direction and oversight of the Associate Director of Retirement & Financial Well-being, this role will serve as the primary under the core functions:
**Responsibilities:**
+ Ensure compliance with ERISA, IRS, DOL, and other regulatory agencies for non-qualified deferred compensation plans, US qualified retirement plans, and Puerto Rico qualified retirement plans.
+ Lead project implementations and plan design changes, which includes creating timelines and process workflows along with coordinating with both vendor and internal partners, and ERISA counsel.
+ Subject matter expert on all Humana sponsored retirement plans along with one non-qualified deferred compensation plan.
+ Collaborate with HR and Finance partners, recordkeeper, and external auditors on annual plan audit, non-discrimination testing, 11K filings, and 5500 filings.
+ Work in partnership with Executive compensation on executive programs and executive onboarding.
+ Lead discussions with vendor partners on ongoing retirement plan updates and regulatory changes.
+ Support Merger and Acquisition activities including overseeing due diligence and implementation efforts.
+ Collaborate with internal partners regarding data analytics across all Retirement and Financial Well-being programs and benefits.
+ Develop and maintain plan documentation, standard operating procedures, and participant communications and resources.
**Required Qualifications**
+ Bachelor's degree.
+ Strong organizational and communication skills.
+ 7+ years of experience in retirement plan administration, consulting, or recordkeeping systems.
+ Strong knowledge of ERISA and retirement plan regulations including DOL and IRS requirements.
+ Comprehensive understanding of federal, state, and local regulations.
+ Must be passionate about contributing to an organization focused on continuously improving consumer experiences.
**Preferred Qualifications**
+ Experience with non-qualified deferred compensation plans and defined benefit plans.
+ Plan Sponsor experience.
+ Experience with Puerto Rico qualified retirement plans.
+ Understanding of non-qualified deferred compensation plans and 409A.
+ Experience managing retirement plans with over 10,000+ associates within large, complex benefit tier structure.
**Additional Information**
The workstyle for this role is flexible. Our team ranges from in-office in Louisville to fully remote across the country.
**SSN Alert Statement**
Humana values personal identity protection. Please be aware that applicants may be asked to provide their Social Security Number, if it is not already on file. When required, an email will be sent from Humana@myworkday.com with instructions on how to add the information into your official application on Humana's secure website.
**Interview Format**
As part of our hiring process for this opportunity, we will be using an interviewing technology called HireVue to enhance our hiring and decision-making ability. HireVue allows us to quickly connect and gain valuable information from you pertaining to your relevant skills and experience at a time that is best for your schedule.
**WAH Internet Statement**
To ensure Home or Hybrid Home/Office employees' ability to work effectively, the self-provided internet service of Home or Hybrid Home/Office employees must meet the following criteria:
At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is required; wireless, wired cable or DSL connection is suggested.
Satellite, cellular and microwave connection can be used only if approved by leadership.
Employees who live and work from Home in the state of California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense.
Humana will provide Home or Hybrid Home/Office employees with telephone equipment appropriate to meet the business requirements for their position/job.
Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.
Travel: While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.
**Scheduled Weekly Hours**
40
**Pay Range**
The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.
$115,200 - $158,400 per year
This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.
**Description of Benefits**
Humana, Inc. and its affiliated subsidiaries (collectively, "Humana") offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.
**About us**
Humana Inc. (NYSE: HUM) is committed to putting health first - for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health - delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.
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**Equal Opportunity Employer**
It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.
Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity or religion. We also provide free language interpreter services. See our https://www.humana.com/legal/accessibility-resources?source=Humana_Website.
The Associate Retirement Benefits Lead applies forward-looking, innovative thought to strategy, design and delivery to help position the company as an employer-of-choice in the present and future. The Associate Benefits Lead works on problems of diverse scope and complexity ranging from moderate to substantial.
The Associate Retirement Benefits Lead utilizes deep understanding of contemporary practice and the associate community to develop and implement competitive benefit opportunities that contribute to associates and emphasize perceived value while balancing expense and business requirements, including regulatory compliance. Advises executives to develop functional strategies (often segment specific) on matters of significance. Exercises independent judgment and decision making on complex issues regarding job duties and related tasks, and works under minimal supervision, Uses independent judgment requiring analysis of variable factors and determining the best course of action.
**Use your skills to make an impact**
This role will be responsible for overseeing and implementing various strategic initiatives within the Humana retirement plans program. The Lead will also collaborate with our HR core partners along with our vendor partners on strategy, design, communications, and compliance.
Under the general direction and oversight of the Associate Director of Retirement & Financial Well-being, this role will serve as the primary under the core functions:
**Responsibilities:**
+ Ensure compliance with ERISA, IRS, DOL, and other regulatory agencies for non-qualified deferred compensation plans, US qualified retirement plans, and Puerto Rico qualified retirement plans.
+ Lead project implementations and plan design changes, which includes creating timelines and process workflows along with coordinating with both vendor and internal partners, and ERISA counsel.
+ Subject matter expert on all Humana sponsored retirement plans along with one non-qualified deferred compensation plan.
+ Collaborate with HR and Finance partners, recordkeeper, and external auditors on annual plan audit, non-discrimination testing, 11K filings, and 5500 filings.
+ Work in partnership with Executive compensation on executive programs and executive onboarding.
+ Lead discussions with vendor partners on ongoing retirement plan updates and regulatory changes.
+ Support Merger and Acquisition activities including overseeing due diligence and implementation efforts.
+ Collaborate with internal partners regarding data analytics across all Retirement and Financial Well-being programs and benefits.
+ Develop and maintain plan documentation, standard operating procedures, and participant communications and resources.
**Required Qualifications**
+ Bachelor's degree.
+ Strong organizational and communication skills.
+ 7+ years of experience in retirement plan administration, consulting, or recordkeeping systems.
+ Strong knowledge of ERISA and retirement plan regulations including DOL and IRS requirements.
+ Comprehensive understanding of federal, state, and local regulations.
+ Must be passionate about contributing to an organization focused on continuously improving consumer experiences.
**Preferred Qualifications**
+ Experience with non-qualified deferred compensation plans and defined benefit plans.
+ Plan Sponsor experience.
+ Experience with Puerto Rico qualified retirement plans.
+ Understanding of non-qualified deferred compensation plans and 409A.
+ Experience managing retirement plans with over 10,000+ associates within large, complex benefit tier structure.
**Additional Information**
The workstyle for this role is flexible. Our team ranges from in-office in Louisville to fully remote across the country.
**SSN Alert Statement**
Humana values personal identity protection. Please be aware that applicants may be asked to provide their Social Security Number, if it is not already on file. When required, an email will be sent from Humana@myworkday.com with instructions on how to add the information into your official application on Humana's secure website.
**Interview Format**
As part of our hiring process for this opportunity, we will be using an interviewing technology called HireVue to enhance our hiring and decision-making ability. HireVue allows us to quickly connect and gain valuable information from you pertaining to your relevant skills and experience at a time that is best for your schedule.
**WAH Internet Statement**
To ensure Home or Hybrid Home/Office employees' ability to work effectively, the self-provided internet service of Home or Hybrid Home/Office employees must meet the following criteria:
At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is required; wireless, wired cable or DSL connection is suggested.
Satellite, cellular and microwave connection can be used only if approved by leadership.
Employees who live and work from Home in the state of California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense.
Humana will provide Home or Hybrid Home/Office employees with telephone equipment appropriate to meet the business requirements for their position/job.
Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.
Travel: While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.
**Scheduled Weekly Hours**
40
**Pay Range**
The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.
$115,200 - $158,400 per year
This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.
**Description of Benefits**
Humana, Inc. and its affiliated subsidiaries (collectively, "Humana") offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.
**About us**
Humana Inc. (NYSE: HUM) is committed to putting health first - for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health - delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.
?
**Equal Opportunity Employer**
It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.
Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity or religion. We also provide free language interpreter services. See our https://www.humana.com/legal/accessibility-resources?source=Humana_Website.
Job #NLX283414524