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Benefits Compliance Manager

Company: Ametek
Location: Berwyn
Posted on: October 20, 2020

Job Description:

The Benefits Compliance Manager is responsible for the design, implementation and ongoing compliance of AMETEK---s Employee Benefit plans including Retirement, Health and Welfare. Position Responsibilities: --- Ensures compliance with government regulations through management of required reporting and disclosures including annual Forms 5500 filings and distribution of Summary Annual Reports and Annual Funding Notices. --- Serves as the primary contact and information source for annual benefit plan audits. --- Develops effective employee communications to improve the understanding of benefit plans including annual open enrollment material, new hire orientation and general education articles. --- Assists in the drafting and review of technical benefit plan communications including Summary Plan Descriptions (SPDs) and SMM---s (summary material modifications). --- Provides research and ongoing review and interpretation of plan documents to determine benefit plan eligibility. --- Manage ongoing relationship with Group insurance vendor. --- Supports plan amendments for acquisitions, mergers and plan modifications. --- Interacts with various internal and external sources to problem solve and issue resolution. --- Researches complex benefit plan issues and provides recommendations for resolution. --- Works with vendors on the implementation of new plans and changes to existing plans (health and welfare, retirement and group insurance). --- Stays informed regarding benefit trends and legislation. --- Various other duties as assigned Position Requirements: Education/Experience: --- BA in HR, Business Administration or equivalent --- 10 years related experience --- Understanding of benefit plan concepts, funding and administration --- Knowledge of legal environment ERISA, IRS and application of laws

Keywords: Ametek, Philadelphia , Benefits Compliance Manager, Executive , Berwyn, Pennsylvania

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