Office of Employee Benefits - Benefits Plan Manager (Health & Welfare)

Company Federal Reserve Bank of Atlanta As an employee of the Atlanta Fed working for the Office of Employee Benefits (OEB) in the Newark, NJ office. You will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do.

We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper. Onsite Work Expectations: The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person.

Onsite work is an essential function of this position, and you are required to be onsite according to the schedule set by your management. The primary focus of this and any   people   leader role is managing a team to be as successful as possible, meeting performance expectations and   driving   progress every day in our   work . This   team o versees the   health and welfare benefits   programs   offered to employees,   retirees   and dependents of the Federal Reserve System.

In doing that, the team manages many   relationship s   and service performance of outsourced administrators and insurance providers. Continuous r esearch   of   best practices, perform ing   benchmarking analysis and comparisons, and evaluat ing   emerging trends   are key to effectively managing the programs . You will be working in Newark, NJ   for a division of the Federal Reserve Bank of Atlanta (Office of Employee Benefits) as part of the health & welfare team ’s   one of two Benefits   Plan   M anagers overseeing   multiple programs, vendors and communicat ing   with stakeholders across the Federal Reserve System.

You’ll   manage a team   working across the Federal Reserve System, on   multiple programs to research best practices, benchmark programs, evaluate trends, recommend and continuously evaluate the Federal Reserve’s benefits program. You will report to the   AVP, Health & Welfare Benefits . We’re   looking for:    An experienced and confident people leader , ideally having managed operational teams through change.

Experience   driving   an operational team toward streamlined processes, efficiency gains , measuring and improving outcomes and bringing procedural rigor   through leadership   to a team. Key Responsibilities:      Serves as coach and support to those accountable for vendor management responsibilities for System-wide benefits programs. Ensures self and team   maintain   current knowledge of and relevant certifications in legal, regulatory, plan compliance and changes for System benefits.

Uses data to regularly recommend   benefit   plan strategies, evaluation of plan design changes,   cost   and participant impact. Lead continuous improvement in process and   identify   policy enhancements and opportunities to offer   appropriate benefits backage   to the Federal Reserve System. Develop and lead presentations for oversight committees and Reserve Bank and Board of Governors stakeholders.

Lead high-visibility projects with measurable outcomes. Education:   Bachelor's Degree or 4 years equivalent experience    Experience:   Eight + years of experience preferred , at least three managing a team   Our total rewards program offers benefits that are the best fit for you at every stage of your career:   Comprehensive healthcare options (Medical, Dental, and Vision)   401K match, and a fully funded pension plan   Paid vacation and holidays, flexible work environment   Generously subsidized public transportation   Education Assistance Program   Professional development programs, training and confer