Manager, Total Rewards
Cenlar

Yardley, Pennsylvania

Posted in Financial Services


Job Info


The Manager, Total Rewards manages the company's benefit programs, including group life and health insurance, ESOP and 401k plans and related programs. This position is also responsible for managing the implementation, communication and administration of compensation programs such as merit and incentives.

Responsibilities:

  • Administers benefits programs such as life, health, and dental insurance, vacation, sick leave, leave of absence, and employee assistance
  • Prepares internal employee communications regarding benefits programs and policies
  • Responsible for preparation of all federal filings and compliance reports including 5500's and HIPPA notices
  • Partners with our outside vendors to analyze and recommend modifications to existing benefit plans to improve services to employees in a cost effective manner
  • Monitors current employee benefit programs to ensure plans are meeting employee needs and company objectives and take corrective actions as necessary
  • Counsels and assists employees on matters relating to plan administration procedures and applicable company policies
  • Participates in the preparation, development, and implementation of annual and new benefit initiatives, programs, and policies
  • Keeps abreast of new legislation/regulations that impact benefit programs
  • Oversees Benefit Committee activities assuring participants are educated on benefit plan developments
  • Administers and facilitates annual merit increase process including requirements gathering, modeling, data preparation, process management, and communication; ensures HRBPs and merit task planners have adequate support throughout process
  • Responsible for annual short-term incentive plan development, analysis, and administration for both staff and management
  • Provides compensation expertise to management and HRBPs for assigned business units with respect to all compensation matters including salary management, compensation program administration and plan design, new hire and retention needs, and policies and procedures in support of strategic objectives
  • Develops strong partnerships with business leaders to proactively improve solutions to compensation situations that ensure internal equity, external competitiveness, and alignment with company objectives
  • Collaborates and strategizes with HRBPs and business managers in maintaining organizational compensation structure and compensation related matters for their groups and business units
  • Conducts high-level analyses to design and develop compensation programs, such as market pricing execution, internal transfer and promotional dashboards, and cost-budget analyses
  • Ensures company compliance with federal and state laws, including reporting requirements
  • Advises managers and employees on the compliance requirements related to compensation policies and provides proper recommendations related to salary increases
  • Manages a team of Administrators and Analysts
  • Appropriately assess risk when business decisions are made, include but not limited to compliance and operational risk. Demonstrate consideration for Cenlar's reputation as well as our clients, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
Qualifications:
  • Bachelor's degree in Human Resources/a related field or equivalent experience required
  • 5 to 7 years progressive experience administering health and welfare programs and compensation
  • At least 3 years of experience administering qualified retirement plans
  • Advanced knowledge of ERISA, COBRA, Federal and State regulations
  • Knowledge of Federal, state, and local leave laws, specifically New Jersey, Arizona, and Missouri
  • Ability to uphold the highest level of confidentiality
  • Advanced skills in Word and Excel
  • Understanding of the regulatory and legal environment of benefits administration
  • Strong analytical and problem-solving skills required
  • Strong project management skills including planning and organizational skills required
  • Attentiveness to details and deadlines with ability to multi-task in fast-paced environment
  • Must possess professional and clear communication skills



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