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Wellington Management

Global Benefits Lead

Posted Yesterday
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In-Office
Boston, MA, USA
120K-225K Annually
Expert/Leader
In-Office
Boston, MA, USA
120K-225K Annually
Expert/Leader
Manage operational administration of global benefits with emphasis on US health, welfare, and retirement plans. Oversee program design, vendor selection and management, compliance, open enrollment, communications, and employee support. Partner cross-functionally with HR, Legal, Finance, Payroll, IT and external vendors to implement projects, negotiate contracts, monitor service levels, and resolve issues.
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About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

The Company

Tracing our roots to 1928, Wellington Management Company, LLP is one of the world’s largest independent investment management firms. With US$1 trillion in assets under management as of 31 December 2019, we serve as trusted advisers to institutional clients and mutual fund sponsors in over 50 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies.

As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions.

Responsibilities

The Global Benefits Manager is responsible for the operational management of the firm’s global benefit programs with a focus on US health and welfare and retirement plans, and ancillary benefit programs. This individual will be involved in all aspects of health and welfare programs, including program design, vendor selection and management, program implementation and customer service to employees.

  • Review, recommend, and implement changes in benefit programs
  • Assure compliance with all federal and local regulations and other related rules including all government reporting requirements, reporting and disclosures
  • Effectively plan for upcoming deliverables and manage time to prioritize key responsibilities.
  • Manage annual US benefits open enrollment
  • Partner with key internal stakeholders such as committees, HR generalists, IT, Legal, Finance, Tax and Payroll to ensure efficient plan administration, cost reporting, and excellent customer service to employees
  • Assist with management of global vendor relationships, brokers, and consulting partners including contract and plan negotiations, vendor selection, and monitoring of service level agreements    
  • Design communication programs to enhance value of benefit programs and increase employee understanding
  • Manage ad hoc benefit projects and vendor transitions and implementations
  • Identify and resolve issues with benefit plan vendors, HR Technology, Tax and Payroll as they arise by leveraging available internal and external resources
  • Monitor external global benefit trends and participate in market surveys
  • Maintain benefit plan documentation including plan documents and policies and practices
  • Conduct new-hire benefit orientation sessions and employee communication sessions, as needed
  • Serve as a point of contact for benefit plan inquiries from employees and plan participants
  • Exhibit flexibility and resilience by adjusting focus and responsibilities based on team and organizational priorities

Qualifications

  • BA/BS degree required
  • 10+ years of HR/benefits experience with demonstrated project management experience
  • Ability to balance tactical and strategic responsibilities and effectively use available resources to research and resolve inquiries
  • Strong communication (verbal and written) and presentation skills
  • Excellent customer service skills and relationship building skills
  • Knowledge of applicable benefits regulations including ERISA, HIPAA, FMLA, COBRA, and ACA
  • Exceptional analytical and problem-solving skills and attention to detail
  • Demonstrated eagerness to learn and grow in benefits knowledge and expertise
  • Ability to work independently and collaboratively with both internal and external stakeholders
  • Proficiency in MS Office Suite applications with strong Excel skills
  • Workday experience preferred

Not sure you meet 100% of our qualifications?  That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [email protected].

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:

USD 120,000 - 225,000

This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.   

 

Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally.  Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

HQ

Wellington Management Boston, Massachusetts, USA Office

280 Congress St, Boston, Massachusetts, United States, 02210 1023

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