Director of Benefits
Responsibilities & Duties
- Direct the administration of employee benefits including the Health and Welfare plans, 403(b) plan, and all voluntary plans. Administration includes communication, processing, auditing and employee issue resolution.
- Assist in the management of vendor relationships including coordination of plan changes, contracts and business associate agreements for all insurance carriers, third-party administrators, brokers, and the 403(b) retirement plan record-keeper.
- Provide leadership, training and support to the Benefits team with a focus on driving high performance, development, and professional growth.
- Serve as a fiduciary member of the 403(b) plan investment committee; act as liaison between the investment adviser, legal counsel and internal representatives of the committee to establish quarterly agendas and ensure that the plan is managed according to compliance standards.
- Ensure on-going benefit programs are competitive, cost-effective, and responsive to management and employee priorities.
- Perform cost-benefit analysis and provide recommendations to ensure the university's financial viability while maintaining market competitiveness.
- Manage benefits plan compliance by working with the Office of the General Counsel. Review and implement all plan changes and ensure compliance testing and reporting is performed accurately and consistently.
- Present benefits recommendations, implementation, communication or survey information to staff, faculty, and university committees and councils (e.g.,University Benefits & Compensation Committee, staff council, faculty council).
- Performs other duties as assigned.
Education & Experience
- This position requires a minimum of 10 years of progressive responsibility and experience in benefit plan design, administration, and leading a benefits team.
- A Bachelor's degree.
- Hands-on expertise and thorough knowledge of benefit design, administration, and US regulations including, but not limited to: ERISA, FMLA, IRC, ACA, HIPAA, section 125, and COBRA.
- Must be able to review complex benefit information and clearly communicate in a professional and engaging manner.
- Deep knowledge of U.S. benefits plan design, administration and compliance requirements, including self-funding and fully-insured arrangements.
- Solid understanding of defined contribution plans; experience with 403(b)/401(k) audits and testing.
Title IX Contact Information
Federal Title IX policy requires that all colleges and universities make known the contact information for the person responsible for coordinating its efforts to comply with Title IX responsibilities. At DePaul University, the Title IX Coordinator is Kathryn Statz. Her office is located in Lincoln Park on the 3rd floor of the Student Center, 2250 N. Sheffield Avenue. She can be reached at 312-362-8970, or [email protected]
DePaul University is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, age, marital status, physical or mental disability, protected veteran status, genetic information or any other legally protected status, in accordance with applicable federal, state and local EEO laws.