What does a successful Employee Benefits Manager – Retirement Plans do? At Fiserv, a successful Employee Benefits Manager – Retirement Plans ensures the seamless management, administration, and optimization of our company's U.S. retirement benefits, financial well-being and financial benefit programs. You will demonstrate expertise by efficiently managing the programs and aligning with the company's goals, and associate needs while ensuring compliance. As a self-starter, you will work both independently and collaboratively, contributing to a culture of excellence, innovation, and trust.
What you will do:
Manage the day-to-day operations of the company’s 401(k) plan and financial well-being and financial benefit programs.
Ensure timely and accurate processing of retirement plan contributions, enrollments, distributions, and participant inquiries.
Coordinate with payroll and HRIT functions to identify and test necessary changes to HRIS (Workday).
Ensure all retirement plans are compliant with federal, state, and local regulations, including ERISA, IRS guidelines, and DOL requirements and oversee the preparation and filing of necessary reports, including Form 5500, compliance testing, and annual audits.
Liaise with third-party plan administrators, investment providers, and retirement plan service providers to ensure efficient operation of the plans.
Develop and implement strategies to enhance retirement plan offerings, ensuring alignment with organizational objectives and industry best practices.
Develop and implement communication strategies to educate employees about retirement plan options and benefits.
Support the investment committee per direction of the secretary.
What you will need to have:
Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field and/or equivalent military experience.
5+ years of experience in employee benefits management with a focus on retirement plan administration.
Strong knowledge of retirement plan regulations, including ERISA, IRS, and DOL rules.
Experience managing 401(k) plans.
Experience with compliance reporting and fiduciary duties.
Expertise in using Microsoft Office Suite, especially Excel.
Experience with vendor management and relationship building.
What would be great to have:
Important info about this role:
We’re better together. This role is fully on-site.
In order to be considered, you must be legally authorized to work in the U.S. without need for sponsorship now or in the future.
This is a full-time, direct-hire position, and no contract options for unsolicited agency submissions will be considered.
#LI-DI #LI-Onsite
Perks at Work:
We’re #FiservProud of our commitment to your overall well-being with a growing offering of physical, mental, emotional, and financial benefits from day one.
Maintain a healthy work-life balance with paid holidays, generous time off policies, including Unlimited Recharge & Refuel for qualifying associates, and free counseling through our EAP.
Plan for your future with competitive salaries, the Fiserv 401(k) Savings Plan, and our Employee Stock Purchase Plan.
Recognize and be recognized by colleagues with our Living Proof program where you can exchange points for a variety of rewards.
Prioritize your health with a variety of medical, dental, vision, life and disability insurance options and a range of well-being resources through our Fuel Your Life program.
Advance your career with training, development, certification, and internal mobility opportunities.
Join Employee Resource Groups that promote our diverse and inclusive culture where associates can share perspectives, exchange ideas, and elevate careers.
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