Join a diverse and dynamic team that makes and delivers the most valuable services in the world: electricity and natural gas. At Consumers Energy, our customers are at the heart of everything we do. Our employees work around the clock to provide service to our customers in honor of our history and to fulfill our promise to Michigan - Count on Us! Consumers Energy, the principal subsidiary of CMS Energy and headquartered in Jackson, Michigan, provides natural gas and electricity to nearly 6.8 million of Michigan's 10 million residents in all 68 Lower Peninsula counties.
As a Retirement Plans Manager, you'll utilize your progressive retirement plan expertise to support our overall benefits strategy, design, competitiveness, implementation, communication and ongoing administration of the Company's benefit plans and programs. Your work will be varied and include analysis, planning, design, research, budget monitoring, facilitation, and communication with employees, retirees or outside agencies. This role requires a high level of understanding of general retirement plans rules, regulations and processes. After joining the team, you will master the specific provisions of our retirement plans and related benefit calculations.
In this role, you will:
* Provide support for overall benefits strategy, design, competitiveness, implementation, communication and ongoing administration of the Company's benefit plans and programs to drive Company strategy
* Design, communicate and cost-effectively administer Final Average Pay and Cash Balance Pension Plans, Defined Company Contribution Plans, 401(k) Savings Plans, Supplemental Executive Retirement Plans (DB and DC) and Deferred Salary Savings Plans both internally and through an outsourced service provider, including check distribution, recordkeeping, disability retirements, QDROs and POAs
* Manage professional exempt and nonexempt employees, and be responsible for large, complex technical or business support or production operations team(s) supporting retirement plans administration
* Deliver retirement benefits with a focus on quality and customer service while responding to employee or retiree requests according to established policies and procedures
* Conduct research of benefits benchmarks and best practices, monitor legal developments and emerging trends while staying informed of technological advancements
* Prepare reports to management on the status of pension and retirement plan activities and reconcile a variety of activities and payments into and out of various trusts and company accounts
* Manage retirement plans in compliance with all federal and state regulations (e.g. ERISA, PPA) and complete retirement plans compliance requirements in a timely manner including 5500 reporting, plan financial audits, PBGC reporting/payment, retirement plans nondiscrimination testing, pension plan annual funding notice, Summary Plan Descriptions, Form 4010 filing, savings plan fee disclosures, retirement plan proxy reporting, Form 8955-SSA filing and SOX reconciliations
* Interact with and manage various third party providers including plan record keepers, custodians, fund managers, actuaries, and auditors
* Manage contributions to Pension, VEBA and Rabbi trusts; direct asset movement within trusts to allow for benefit plan payments; administer money management activities in the trusts as directed by the Benefit Administration Committee
* Support plan participant financial wellbeing through a variety of measures including educational materials, seminars/webinars and one-on-one interactions
* Support union contract bargaining of benefit plans
There will be office location flexibility for the selected candidate, within our service territory in the lower peninsula of Michigan. Periodic travel to our headquarters in Jackson, Michigan will be required.
Requirements
* Bachelor's degree required in HR, Finance or related field; Master's Degree or CEBS preferred
* 8+ years of relevant work experience required; 3+ years must be focused on retirement/benefit plan strategy, design, administration, etc
* Strong understanding of federal regulations and requirements for benefit plans (ERISA, PPA, HIPAA, SOX, FMLA, ADA, etc.)
Essential functions:
May make presentations on a variety of topics to employees, retirees, management staff, and the general public. Establish and maintain effective working relationships with department heads, supervisors, employees and union representatives. Provides advice and counsel to clients and employees related to retirement policies, practices and procedures including matters related to, compliance, the collective bargaining agreements, and financial activity.
Hours and Travel
Must possess a valid driver's license. Maintain regular, predictable and punctual attendance during regularly scheduled work hours at assigned worksite. Meet travel requirements of the position. Work a flexible schedule, which may include evenings, weekends, holidays and overtime.
Physical Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit; stand; walk; and stoop, kneel, crouch, or crawl; use hands to finger, handle, or feel objects, tools, or controls; and reach with hands and arms. The employee frequently is required to talk or hear. The employee will be using a computer and the associated keyboard and mouse. The employee must frequently lift and move up to ten pounds and occasionally lift and move up to fifty pounds. Specific vision abilities required by this job include close vision, color vision, depth perception, and the ability to adjust focus. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate. The noise level on the construction site is often loud.
Position will be filled at the appropriate salary grade based upon the skills, knowledge, and experience of the selected candidate.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, sexual orientation, gender identity or national origin.
All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, sexual orientation, gender identity or national origin.
