Job Posting: Under general supervision and guidelines, plans, develops, and administers all qualified and non-qualified (executive/faculty/director) retirement benefit plans in support of business strategies. Ensures regulatory compliance, cost effectiveness and administrative efficiency for the organization's retirement plans. Principal Duties and Responsibilities 1. Solid management skills for direct report(s) that foster a team environment; ability to provide feedback and ensure continuous development of a team. 2. Ability to establish and maintain working relationships across all employee groups and HR colleagues. Manage ongoing administration of vendors for outsourced retirement plan and actuarial functions. 3. Design and develop retirement plans, policies and procedures that support business strategies including employee self-service, manager self-service and a service delivery model through a multi-faceted technology platform. 4. Administer both qualified and non-qualified retirement plans and policies in accordance with plan documents to ensure fair and equitable treatment of all eligible plan participants. This includes experience with 403(b), 401(a), 401(k), 457(b), 457(f), and defined benefit plans whether active or frozen. 5. Assist in providing support to the Pension and Investment Committee of the Board of Directors. This includes working with investment consultants, the Sr. Vice President of HR/Organization Development and the Director of Benefits in preparation of investment decisions and follow-up Committee meetings. 6. Support annual audits and government filings including 5500s and 990 filings. 7. Manage all aspects of retirement plan communications to promote participant understanding such as preparing announcements, designing information packages, updating summary plan descriptions, and retirement website language. 8. Create and present training to employees, managers and HR Business Partners to provide greater clarity and understanding of retirement programs and updates. 9. Develop procedures and guidelines for the implementation of retirement plans and policies and manage implementation of plan changes. Assess legislation and develop strategies to comply with or take advantage of opportunities created by legislation. Oversee regulatory compliance guidelines and changes related to our retirement plans including ERISA, DOL, and IRS. 10. Partner with the Director of Benefits on plan design, communications, auditing and budget tracking. Develop, administer and monitor plan financial payments and reporting procedures and processes for fiscal affordability. Maintain vendor service agreements, recommending revisions/updates as necessary. 11. Oversee the planning and implementation for acquisition or divestiture of groups of employees to the CS Health System to ensure proper handling of retirement plan issues. 12. Improve and document internal processes, including operational procedures, standards and audits. Develop, maintain and revise, as necessary, all retirement plan policies and procedures. 13. Compile and report on employee demographics, plan metrics, investment performance and trends to assist with plan changes as appropriate. Develop surveys and needs assessment tools for improved education and counseling of retirement plan participants and retirees. 14. Provide personal communication and counseling to executives regarding plan benefits. Research and resolve complex retirement plan related issues. 15. Perform other related duties as assigned or required. Organizational Expectations Demonstrates behavior that supports the Cedars-Sinai Health System mission. Attends required orientation and training seminars. Meets production standards within established time requirements. Work product and performance meets quality standards. Demonstrates respect and positive interpersonal skills with patients, clients, the public, managers, coworkers, and outsourced vendor teams. Maintains confidentiality of patient care
Certified Retirement Plan Specialist Designation (CEBS), SHRM Designation or other benefits-related designations required. Experience:
At least 12 years of retirement plan experience required with 5 years experience in human resources preferred. The successful candidate will be recognized for demonstrated knowledge in qualified and non-qualified retirement plan administration, design, and compliance requirements of state and federal regulations. Relevant experience may include actuarial, finance, accounting and audit experience. Prior executive level management experience preferred. Physical Demands:
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scien...tists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major teaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.