Toledo, Ohio, United States

Financial Benefits Leader

Apply Now

Job ID 53157

Location: Toledo, Ohio - United States

PURPOSE OF THE JOB

Owens Corning is committed to the well-being of our employees, and provides programs and resources, such as tax-efficient savings plans, which are designed to enhance employee financial wellness. Owens Corning employees have over $2 billion in retirement assets within company-sponsored programs, globally. The Financial Benefits Leader ensures that these programs are competitively designed, holistically governed, accurately administered, and effectively communicated. This role serves as the internal expert on global financial benefit plan provisions and leverages participant and plan data as well as external benchmarking to deliver insights on the financial health of our employees.

Reports to: Director, Global Benefits

Span of Control: 1-2 direct reports

JOB RESPONSIBILITIES

Financial Benefits Program Management, Reporting & Analytics

  • Scan the external market trends and actively benchmark our plans
  • Leverage participant data to gain insights on behaviors and education opportunities
  • Recommend program changes based on benchmarking, feedback, and analytics
  • Partner with finance to anticipate impact of program or demographic changes
  • Serve as subject matter expert on financial benefits during M&A activities

Vendor Management & Administration

  • Actively manage USbased third party relationships, including actuarial and recordkeeping
  • Lead RFPs and benchmarking to ensure third party fees are competitive
  • Partner with HRIS and payroll to enable efficient and accurate administration

Governance and Compliance

  • Manage all required audits, filings and notices for US retirement plans
  • Maintain US plan documents and SPDs; work with ERISA counsel to draft amendments
  • Oversee 401(k) investments as a member of the Investment Review 401(k) Subcommittee
  • Monitor Canada and UK investments and administration via governance committees
  • Keep global plan inventory current through frequent connection with country plan owners
  • Partner with global counterparts to ensure governance and compliance is maintained globally; lead Pension Governance Committee

Employee Experience

  • Partner with Wellness team members to promote financial wellness
  • Leverage workshops, tools and resources available through our external partners
  • Deliver relevant and high quality employee education on program optimization

Talent Development

  • Engage in active performance management and development with direct reports
  • Educate and develop crossfunctional peers on program design and operations

MINIMUM QUALIFICATIONS

  • 7 years progressive experience in employee benefits consulting or internal management of retirement benefits programs
  • Bachelor’s degree required
  • 10-15% travel; must be able to travel internationally

DESIRED EXPERIENCE

  • Leadership of administrative and analyst-level staff
  • Governance and management of US defined benefit and defined contribution plans
  • Management of outsourced administration service providers and other external parties
  • Analysis and forecasting of benefit plan data and financials
  • Familiarity with non-US retirement plans, specifically UK and Canada
  • Union negotiation support
  • Actuarial or benefit audit experience a plus
  • Accountability for job responsibilities listed above

KNOWLEDGE, SKILLS, & ABILITIES

  • Self-starter who takes ownership and shows commitment to the job
  • Ability to work independently
  • Excellent technical skills in retirement plan design and compliance; working knowledge of ERISA and related laws and regulations, actuarial background a plus
  • Ability to handle confidential employee information with discretion and good judgement
  • Demonstrated analytical and communication/presentation capabilities
  • Proficiency with Microsoft Excel, Word, Powerpoint
  • Strong time management, planning and project management skills
  • Ability to develop strong working relationships with the Total Rewards team, HR business partners, cross-functional teams, and external vendors

#LI-KM2

About Owens Corning  

Owens Corning is a global leader in insulation, roofing, and fiberglass composite materials. Its insulation products conserve energy and improve acoustics, fire resistance, and air quality in the spaces where people live, work, and play. Its roofing products and systems enhance curb appeal and protect homes and commercial buildings alike. Its fiberglass composites make thousands of products lighter, stronger, and more durable. Owens Corning provides innovative products and solutions that deliver a material difference to its customers and, ultimately, make the world a better place. The business is global in scope, with operations in 33 countries. It is also human in scale, with approximately 20,000 employees cultivating local and longstanding relationships with customers. Based in Toledo, Ohio, USA, the company posted 2018 sales of $7.1 billion. Founded in 1938, it has been a Fortune 500® company for 64 consecutive years. For more information, please visit www.owenscorning.com.

A career at Owens Corning offers the ability to enhance your expertise and achieve your personal and professional aspirations. Through it all, we’ll empower you with an environment that encourages open communication and big ideas, competitive pay for your performance, comprehensive benefits, and more opportunities to make your impact.

Owens Corning is an equal opportunity employer.

Please note:Applications must be filled out completely—incomplete applications will not be considered. Resumes are welcome, but are not a substitute for completing the application.

Apply Now

Sign up for Job Alerts

Be the first to know of new job opportunities:

Sign up here to get the latest job openings to your inbox. All fields are required.

InstructionsAdd category and/or location and click "add". Repeat for additional categories and locations.

  • Human Resources (HRS), Toledo, Ohio, United StatesRemove

By clicking on "Submit" you agree to receive email job alerts from Owens Corning based upon your preferences. Your personal information will be collected and handled in accordance with Owens Corning Privacy Policy