Job Information
UNUM Director, Financial Wellbeing Programs in Chattanooga, Tennessee
Job Posting End Date: May 05
When you join the team at Unum, you become part of an organization committed to helping you thrive.
Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide:
Award-winning culture
Inclusion and diversity as a priority
Performance Based Incentive Plans
Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability
Generous PTO (including paid time to volunteer!)
Up to 9.5% 401(k) employer contribution
Mental health support
Career advancement opportunities
Student loan repayment options
Tuition reimbursement
Flexible work environments
*All the benefits listed above are subject to the terms of their individual Plans .
And that’s just the beginning…
With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!
General Summary:
As Director, Financial Wellbeing programs, you will have operational responsibility for the ongoing review of design, implementation and management of the Unum financial wellbeing programs. This role is part of the broader HR Global Total Rewards team and must have a passion for delivering programs and resources that will support Unum employees’ overall wellbeing.
This role will need to maintain a subject matter level of expertise regarding the oversight and operation of our retirement and financial wellbeing programs. Through partnership with the AVP, Global Financial Wellbeing Programs and other leaders in HR and Finance, this role is accountable for the financial integrity of the plans and ensuring our programs are competitive, sustainable and compliant.
Principal Duties and Responsibilities
Responsible for the implementation of plan design, plan management and administration, day to day operational vendor management and oversight and governance for financial wellbeing programs
Accountable for regular monitoring and evaluating the performance metrics of existing programs ensuring that they function, are well utilized, competitive and cost effective and supportive of the company’s talent management and overall business strategy.
Performs regular external and internal studies to ensure competitiveness of the company’s programs through strategic monitoring of business conditions, legal requirements, economic environment, and competitive practices. Make specific recommendations (proactive application) to ensure that the programs remain aligned with the Company’s direction
Ensure that the tools and educational materials are compliant, comprehensive, and user-friendly
Help monitor and respond to employee feedback and issue elevation of the various plans and programs
Assist in preparation of budgets to insure they align with company financial objectives
Lead regarding responsibility in partnership with Finance and Audit in the preparation of quarterly and annual financial reporting preparation including annual tax reporting (Form 5500 and schedules)
Accountable for ensuring that programs maintain compliance, on both a fiduciary and operational basis
Accountable for an effective, collaborative working relationship with external investment, actuarial and legal vendor consultants to effectively manage the plan. Works as a team member with Finance on matters related to plan custodial banking and other operational matters related to the financial management of the company’s plans, and with ERISA counsel on matters of compliance.
May assist in developing reporting for the Benefit Finance Committee which includes ensuring that this Committee receives sufficient information to meet and discharge their fiduciary responsibilities for the retirement programs
Ensure effective administration of plans, employee satisfaction and service, effective reporting, and compliance with plan operational requirements
May perform other duties as assigned
Job Specifications
Bachelor’s degree required
10+ years of progressive experience in financial wellbeing program operations, plan management and compliance
Working knowledge of regulations and issues impacting wellbeing programs including those developed under ERISA, IRS, HIPAA, and the Department of Labor
Thorough knowledge of data analytics and Excel software for use in analyzing plans, evaluating payroll and data processing issues and recommending design changes to the leadership team
Demonstrated past success in managing data analytics from an audit, tax, or financial statement perspective
Experience in working and leading annual education programs in a corporate environment
Project management skills – ability to direct and manage multiple projects with key deliverables
Excellent oral and written presentation skills – ability to interpret technical/contractual language into easily understood text.
Ability to communicate with and influence multiple constituencies including Legal and Finance
Strong negotiation and persuasion skills – seasoned and mature
Demonstrated skill as a manager, with a broader business orientation than the technical aspects of retirement plan design
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Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.
The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.
$89,900.00-$161,800.00
Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.
Company:
Unum
Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.