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Senior Benefits Manager

Company Description

Jobs for Humanity is collaborating with FIS Global to build an inclusive and just employment ecosystem. We support individuals coming from all walks of life.

Company Name: FIS Global

Job Description

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Human Resources

Travel Percentage :

1 - 5%

Job Description

The world of finance moves fast. At FIS, we’re faster. Our teams are empowered to learn, grow, and make an impact–in their careers and communities. We deliver innovation that advances the way the world pays, banks and invests. If you want to grow personally and professionally, we’d like to know: Are you FIS?

About the role:

This role will manage the overall administration of the 401(k) Plan, leave of absence function, M&A and other relevant benefits work.

About the team:

This role at FIS is part of a high-functioning Total Rewards team that includes Benefits, Compensation and Equity. The Total Rewards team partners with business leaders and The People Office to provide best-in-class programs that are critical to offering a competitive benefits package for our colleagues.

What you will be doing:
Ultimate responsibility for design, communication, administration and legal compliance of the FIS and Puerto Rico 401(k) Plans

  • Manage and administer Group Plans Committee Meetings
    • Finalize agenda
    • Lead meetings
    • Develop 401(k) agenda items and present during the meeting
    • Prepare meeting minutes
  • Filing of 401(k) Plan 5500s
  • Management, evaluation and resolution of 401(k) escalated issues
  • Approve funding for Puerto Rico 401(k) Plan
  • Review 401(k) Plan invoices and approve for payment
  • Manage and participate in 401(k) Plan annual audits
  • Ensure compliance with 401(k) Plan rules and federal regulations
  • Ultimate responsibility for leave of absence management including FMLA, Company Leaves, State Paid Leaves and coordination with FIS pay practices
  • Partners with US Benefits Director on M&A work, including analysis and communications
  • Ensures 401(k) and leave of absence programs are current with regard to trends, practices and costs
  • Manages a team of four individuals who administer the day to day operations of the 401(k) Plan and Leave of Absence functions to ensure timely, accurate and efficient operation.
  • Researches competitive practices and analyzes data to evaluate benefit program metrics.
  • Reviews and interprets legislative requirements for all plans.
  • Responsible for updates to the plan documents and summary plan descriptions.
  • Leverages technology to simplify internal processes, minimize paperwork and limit delays in processing.
  • Actively participates in professional associations to stay abreast of industry related activities. Shares relevant knowledge and information with benefits team, HR department and any other appropriate parties.


What you will need:
Bachelor’s degree in business or human resources or the equivalent combination of education, training, or work experience. PHR designation preferred.

• Familiarity with group health and retirement benefits
• Working knowledge of legal requirements related to the administration of employee benefits and 401K
• Demonstrated influence and partnering skills (with Field HR, Legal, vendor relationships)
• Demonstrated strong analytical and problem-solving skills and ability to handle multiple tasks and projects simultaneously
• Oral and written communication skills relating to all management levels, vendors and plan participants
• Ability to work in a team environment


What we offer you:
At FIS, we hire the best. In return, you receive exceptional benefits including:
• Opportunities to innovate in fintech
• Tools for personal and professional growth
• Inclusive and diverse work environment
• Resources to invest in your community
• Competitive salary and benefits


Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here


For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Benefits Manager, Jobs for Humanity

Have you ever dreamed of making a meaningful impact in the world of employee benefits? Well, FIS Global in St. Petersburg, Florida is looking for a Senior Benefits Manager to join their exceptional Total Rewards team! In this full-time position, you will be taking the reins on the comprehensive administration of the 401(k) Plan, leave of absence functions, mergers and acquisitions, and various other relevant benefits work. You will be managing a talented team of four as you ensure the daily operations of these plans run smoothly, accurately, and efficiently. FIS thrives on innovation, and as a Senior Benefits Manager, you will not only handle the compliance and design aspects of these programs but also play a crucial role in researching competitive practices and analyzing data to keep the higher-ups informed about the latest trends. If you're excited about creating a top-tier benefits package that reflects FIS's commitment to inclusivity and community, this is your chance! Bring your strong analytical skills and knowledge of legal requirements to elevate our benefits offerings. The culture at FIS is one of growth, learning, and teamwork, making it a fantastic place to enhance your career while making a real difference in people's lives. Are you ready to join us and redefine the future of finance? Let’s make great things happen together at FIS Global!

Frequently Asked Questions (FAQs) for Senior Benefits Manager Role at Jobs for Humanity
What does a Senior Benefits Manager do at FIS Global?

At FIS Global, the Senior Benefits Manager is responsible for overseeing the administration of the company's 401(k) Plan and leave of absence functions. This includes managing compliance, addressing escalated issues, leading Group Plans Committee meetings, and ensuring that benefit programs align with industry trends and legislative requirements.

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What qualifications are needed for the Senior Benefits Manager position at FIS Global?

To qualify for the Senior Benefits Manager position at FIS Global, candidates should ideally hold a bachelor’s degree in business or human resources, with a preference for those who have a PHR designation. Familiarity with group health and retirement benefits, as well as strong analytical skills, are also essential.

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How does the Senior Benefits Manager contribute to employee satisfaction at FIS Global?

The Senior Benefits Manager at FIS Global plays a critical role in enhancing employee satisfaction by designing and managing competitive benefits programs that meet the needs of employees. By ensuring that 401(k) and leave of absence services are administered accurately and efficiently, the manager directly influences the overall employee experience.

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What is the work environment like for a Senior Benefits Manager at FIS Global?

The work environment for a Senior Benefits Manager at FIS Global is collaborative and focused on professional growth. The company prides itself on innovation and inclusivity, providing team members with tools and resources to succeed and contribute to their communities.

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What skills are essential for success as a Senior Benefits Manager at FIS Global?

Successful Senior Benefits Managers at FIS Global possess analytical and problem-solving skills, strong communication abilities, and the capability to influence and collaborate with various teams. A comprehensive understanding of employee benefits legislation and trends is also critical.

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What opportunities for advancement does FIS Global offer to Senior Benefits Managers?

FIS Global offers numerous opportunities for advancement to Senior Benefits Managers, as the company encourages employees to grow personally and professionally. This may include promotions to higher-level roles within the Total Rewards team or expanding responsibilities related to benefits strategy.

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What makes FIS Global a desirable employer for a Senior Benefits Manager?

FIS Global is a desirable employer for a Senior Benefits Manager due to its commitment to inclusivity, diverse work environments, innovative fintech solutions, and competitive salary and benefits packages. The company's focus on employee well-being and community investment further enhances its attractiveness.

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Common Interview Questions for Senior Benefits Manager
How do you ensure compliance with employee benefits regulations as a Senior Benefits Manager?

To ensure compliance with employee benefits regulations, I stay current on legal requirements and analyze data related to benefits plans. I also work closely with legal teams, maintain accurate documentation, and regularly review processes to identify areas for improvement.

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Can you describe your experience with 401(k) plan administration?

In my previous roles, I have managed 401(k) plan administration by overseeing compliance, handling audits, and leading Group Plans Committee meetings. I've developed strong relationships with vendors to ensure smooth operations and timely issue resolution.

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How do you handle escalated issues related to benefits?

When dealing with escalated issues, I first gather all relevant information to understand the situation. I then communicate effectively with affected parties, working collaboratively to find a solution. My goal is to resolve issues promptly while keeping the team's integrity intact.

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What strategies do you use to analyze competitive benefits practices?

To analyze competitive benefits practices, I conduct market research, survey employee preferences, and collaborate with industry peers at professional associations. This provides insights into what works well for other organizations and helps me suggest relevant improvements to our offerings.

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How would you approach managing a team that administers benefits programs?

My approach to managing a benefits team involves fostering an open environment where each member feels valued and empowered. Regular check-ins, collaborative problem-solving, and ongoing training help build a strong, cohesive team that delivers exceptional results.

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Can you share an example of how you improved employee benefits in your previous role?

In my last position, I identified areas where our benefits communication was lacking. I initiated a series of workshops to educate employees on available benefits and developed user-friendly materials, which led to increased employee engagement and satisfaction with our programs.

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What steps do you take to maintain organizational processes within benefits administration?

I maintain organizational processes within benefits administration by implementing clear protocols, ensuring documentation is up-to-date and accessible, and utilizing technology to streamline workflows. Regular audits and feedback loops are integral to refining these processes.

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How do you build relationships with vendors and stakeholders?

Building strong relationships with vendors and stakeholders requires open communication, transparency, and mutual respect. I ensure that I engage with them regularly, listen to their needs, and provide timely feedback to foster a collaborative partnership.

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What role does data analysis play in your benefits management approach?

Data analysis plays a crucial role in benefits management as it helps inform decisions regarding program effectiveness, cost management, and areas for enhancement. I regularly review metrics to ensure that our benefits packages meet the evolving needs of employees.

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How do you stay abreast of changes in employee benefits legislation?

To stay updated on changes in employee benefits legislation, I actively participate in professional associations, attend workshops and seminars, and invest time in reading relevant publications. Networking with peers in the industry is also invaluable for sharing insights and best practices.

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Full-time, on-site
DATE POSTED
November 27, 2024

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