Manager, Retirement Plans (Finance)
Are you passionate about providing meaningful and financially responsible offerings that help improve our employees, retirees, and dependents physical, emotional, and financial well-being while providing a great employee experience? We have an exciting opportunity for you! Altria is seeking a Manager, Retirement Plans to join our Benefits team at our headquarters in Richmond, VA. In this role, you will lead a wide range of analysis intended to help our employees and retirees improve their financial wellness. You will also be responsible for implementing defined benefit and defined contribution plans changes, handling raised participant issues and communicating details about our retirement plans, along with other benefits projects in an outsourced benefits environment. What You Will Be Doing:
- Coordinate Defined Benefit & Defined Contribution Plans in accordance with plan rules and regulatory and compliance guidelines while operating within preventive and detective controls.
- Conduct vendor management reviews to continuously improve our participant's experiences and uphold defined service level agreements.
- Research raised participant issues and share feedback to both employees and vendors.
- Analyze the systems impact of new plans and programs.
- Craft controls to ensure accurate and timely retirement calculations.
- Build and implement process improvements, automation, and technology enhancements.
- Conduct analytical work on projects in all phases of Defined Benefit & Defined Contribution plan administration, including the development of project plans and timelines.
- Develop and use web tools that support the needs of our department and customers, including tools available through vendors.
- Develop recommendations and present information to various management levels.
- Assist employees at all levels with retirement planning.
- Evaluate retirement plans with current industry trends and regulatory requirements (e.g., ERISA, PBGC) to maintain compliance.
- Support benefits audits from both internal and external auditors.
- Assist in completion of annual regulatory filings, including 5500s, 8955-SSA, PBGC reporting, SARs, and AFNs.
- Assist in the annual pension valuation process.
- Operate as the technical expert in non-qualified plans and programs and provide counsel to executive non-qualified participants.
- Ensure accurate and timely payments of non-qualified retirement benefits.
- Collaborate with Benefits Investment group in Finance to ensure smooth operation of qualified plan trusts and VEBAs, including providing vital information for asset and liability studies.
- Support preparation of the annual proxy statement Compensation Discussion & Analysis.
- Coordinate and implement employee presentations, benefit fairs, and one-on-one sessions.
What Your Experience Looks Like:
- A bachelor's degree or equivalent experience. Certifications in employee benefits / human resources preferred.
- Experience with Defined Benefit pension plans.
- Experience managing an outsourced third-party vendor.
- Experience with ERISA plans and compliance.
- Sophisticated analytical, technical, and problem-solving skills while maintaining an awareness of larger team/department strategies and customer needs.
- Demonstrated ability to perform sophisticated quantitative or qualitative analyses.
- Experience writing, speaking, and presenting with technical accuracy.
- Ability to collaborate with clients and/or vendors to effectively lead projects.
- Ability to effectively connect and communicate with employees.
- Ability to develop and manage databases and complex spreadsheets.
- Experience managing projects, writing, and managing benefits-related RFPs.
The starting salary is based on but not limited to experience, knowledge, and qualifications in determining compensation decisions. The Salary Range for this position is: $116,200.00 - $168,400.00. We deliver a market-competitive, equitable pay with a Total Reward program that includes:
- Annual performance incentive based on individual and company performance
- Competitive Medical, Dental, and Vision insurance to support you and your loved ones
- Flexible Work Environment to include vacation and generous holidays
- Deferred Profit-Sharing Plan (401K) with matching contributions on day 1, including a yearly company contribution
- Paid Paternity and Maternity Leave
- Employee Recognition Awards
- Student Loan Assistance
- To learn more about How to Support you and your Loved Ones, Work-Life Balance, and Invest into your Future, visit our additional benefits at Benefits (altria.com)
This position is not eligible for sponsorship.
