Manager Retirement Benefits – Req-255677-6429

This job was posted by https://idahoworks.gov : For more information,
please see: https://idahoworks.gov/jobs/2267521 Title: Manager
Retirement Benefits

Location: Eagle, ID

About Lamb Weston

We love making fries almost as much as you like eating them! Since the
1950s, Lamb Weston has inspired customers with food they love, trust,
and share with families and friends. As a leading global manufacturer of
quality frozen potato products with over 10,000 team members around the
world, its our business to see the possibilities in potatoes and
people.

We are looking for team members with an appetite for a challenge! People
who are hungry to join a winning team and help us make a difference in
the world. When you join Lamb Weston, you join a community with a strong
support network and training programs designed to nurture, inspire, and
help you grow.

We are driven by a relentless pursuit of results and by people who think
creatively and embrace our values of: Integrity, Teamwork, Inclusion,
Drive for Results, and Empowerment. Exactly what youd expect from the
most inventive potato company in the world!

Join Lamb Weston! We bring the world together with our fries.

Job Description Summary

This role will research, analyze, design and manage effective financial
and retirement benefit plans and programs that support the Lamb Weston
business strategy and are in alignment with its culture. This position
leads the planning, developing, and designing of global company benefit
programs, including financial services, retirement programs, e.g., 401k
(two plans), Non-Qualified Deferred Compensation Plan (two plans),
Non-Qualified Pension Plan (frozen), Qualified Pension Plan (frozen),
Retiree Medical Plan (frozen) as well as time off and flexibility
benefits. This position will interface with vendors and key clients
internally and externally, create client deliverables, and ensure
quality standards are met. This position also supports U.S. leave
policies and practices.

Job Description

– Leads the Financial, Retirement and Leave Policies ensuring
alignment with Lamb Weston culture and strategy. Works with
third-party benefit solution providers to deliver benefits that
ensure Lamb Westons competitive advantage.
– Works closely with the Sr. Director Total Rewards to evaluate,
review, and recommend selection of vendors, establish and monitor
performance and metrics for vendors to deliver world class service
and benefit programs.
– Leads the development and delivery of materials for the Employee
Benefits Investment Committee (EBIC) to ensure fiduciary obligations
are met.
– Analyzes, manages and ensures the timely and accurate remittance of
employee and employer funds to the appropriate financial
institutions.
– Partners with Communications to develop periodic communications for
employees regarding their financial and retirement benefits ensuring
understanding of the costs and value of their plans.
– Uses internal or external actuary and financial resources to ensure
retirement plans are adhering to fiduciary requirements.
– Partners with the HR Shared Services leadership to ensure delivery
of programs is as designed and ensures an excellent experience for
Lamb Weston team members.
– Ensures company compliance with federal country and state laws
governing specified benefit practices.
– Assists in benefit cost reporting and analysis as required.

Basic & Preferred Qualifications

– 5-7 years of financial and retirement benefits experience at a
mid-size to large public company.
– Demonstrated ability to deliver within tight timelines, comfortable
dealing with ambiguity, and ability to de-escalate issues leading to
resolution.
– Experience working with financial services partners and third party
benefits administration providers.
– Excell nt program and vendor management skills, leading large
company-wide benefits programs.
– Attention to detail and demonstrated ability to draw meaningful
conclusions and action plans based on quantitative and qualitative
data.
– Experience in retirement and leave benefit related laws and
regulations, including but not limited to ERISA and Secure Act 2.0.
– Ability to communicate (verbal & written) complex programs to
current and potential program participants of all levels.
– Proficiency in MS Office

Industry-Competitive Benefits

Coupled with our compensation and bonus incentive programs, our benefits
deliver rewards that are market competitive. Some of the most attractive
elements of our benefit programs include:

Health Insurance Benefits – Medical, Dental, Vision

Flexible Spending Accounts for Health and Dependent Care, and Health
Reimbursement Accounts

Well-being programs including companywide events and a wellness
incentive program

Paid Time Off

Financial Wellness – Industry leading 401(k) plan with generous company
contributions, Financial Planning Services, Employee Stock purchase
program, and Health Savings Accounts, Life and Accident insurance

Family-Friendly Employee events