Manager, U.S. Retirement

Employment Type: Full-time

Position Overview

The Manager, U.S. Retirement will report to the Director, Global Benefits, Labor Relations and Hourly Compensation. This role leads a team responsible for the development, design, and operations supporting Defined Contribution Plans, Defined Benefit Plans, Health Savings Accounts, profit sharing, and financial well-being strategy. The position is responsible for strategy development, analysis, assessment, and operations of these salaried and hourly plans.

Work Arrangement

This role is based remotely. However, if you live within a 50-mile radius of Atlanta (GA), Austin (TX), Detroit (MI), Warren (MI), or Mountain View (CA), you are expected to report to that location three times a week, at minimum.

Key Responsibilities

• Strategy & Analysis:
  • Analyze plan data and recommend future strategic initiatives for financial wellness and retirement readiness.
  • Conduct strategic plan benchmarking studies.
  • Develop annual retirement and savings plan design recommendations.
  • Assess "best practices" in the marketplace and recommend new technology or tools to facilitate employee engagement in personal financial management.
  • Evaluate and make recommendations for new technology (e.g., mobile applications for retirement readiness) and research state-of-the-art retirement/financial planning products.
  • Conduct research, identify data/metrics for analysis to aid in developing plan design strategy and labor negotiations.
• Plan Management & Operations:
  • Develop, bargain, and implement U.S. hourly pension, savings, and profit sharing plans.
  • Manage ongoing relationships with union partners.
  • Support Labor Relations in the development of labor strategy.
  • Develop plan language and recommend updates to existing plan provisions.
  • Partner with third-party administrators on benefit design, implementation, communication, and delivery.
  • Analyze proposed and current legislative and regulatory changes (PBGC, DOL, ERISA) and recommend plan strategies as appropriate.
  • Manage the annual pension valuation census data report and assumptions in support of the plan administrator certification process.
  • Complete monthly, quarterly, and annual internal control tasks.
  • Update Summary Plan Descriptions.
  • Support pension and savings plan audits, internal and external.
  • Oversee daily operations of retirement and savings programs for U.S. salaried, hourly, executive active employees, and retirees, as applicable.
  • Flawlessly implement changes to existing or new benefit programs.
  • Ensure governance, compliance, and fiduciary responsibilities of benefit programs.
  • Manage third-party vendor relationships and competitive bids with cross-functional support.
  • Oversee the development, implementation, and communication of listed benefit programs.
  • Provide counsel and disposition regarding the administration of those policies and procedures.
  • Determine appropriate solutions and oversee the resolution of special or complex administration matters.
  • Review and implement plan amendments/restatements.
  • Manage all administration special projects that may arise from regulatory, business, or negotiated changes (e.g., SECURE 2.0).
• Process Excellence & Team Development:
  • Have a process excellence mindset by identifying opportunities for greater standardization, process documentation, automation, and participant education to improve employee experience and plan outcomes.
  • Develop standard operating procedures to standardize and streamline processes by utilizing best practices for all administration duties.
  • Interact with service providers to proactively identify problems and issues and work to resolve and preserve data integrity.
  • Create a positive environment with a focus on developing, motivating, and mentoring the team.
• Collaboration:
  • Provide direction and collaborate with GM Labor Relations, Human Resources, Policy, Legal, Tax, Finance, Treasury Operations, and third-party administrators.
  • Develop training and communications materials for Union Benefits Conferences, Union Benefit Representatives, and salaried employees.

Qualifications

• Bachelor’s degree in Business, Human Resources, or a related field.

Company Information

(No specific company information was provided in the original job description.)