Retirement Benefits Director
Company: Motion Picture Industry Pension & Health Plans
Location: Los Angeles
Posted on: May 1, 2024
Job Description:
Thursday, April 25, 2024 Motion Picture Industry Pension &
Health Plans (MPI) has an immediate opportunity for the key role
ofPension & Retirement Benefits Director, a member of the Senior
Leadership Team, reporting to the Chief Financial Officer,
responsible for full oversight of the retirement benefits
department and all pension functions. Please note, this is an
onsite position at our offices in Studio City, CA. MPI requires
employees to be vaccinated against Covid-19 with exceptions as
required by law. Local candidates only, relocation assistance is
not provided. Qualified candidates, please submit a letter of
interest including compensation requirements and current resume for
consideration. MPI offers free employee medical, dental, behavioral
health, vision and life insurance ($50/month for family coverage),
retirement and pension, and generous paid time off. The Director
will manage and administer both a defined benefit (DB) pension plan
and a defined contribution (DC) plan. The Director must maintain an
in-depth knowledge of pension benefit processing, pension
regulations, as well as Trust Fund rules and organizational
policies. Responsibilities include: A successful candidate will
have pension or benefit administration experience, including an
ability to interpret procedures and policies in accordance with
ERISA, HIPAA, DOL, IRS, Summary Plan Descriptions, and other
organizational rules.
- Coordinates monthly, quarterly, and annual processes, such as
1099R, and state tax reporting, retirement seminars, 5500 and SSA
schedules, tax and annuity table updates in system, production of
annual benefit statements, annual and quarterly allocations,
etc.
- Reviews and approves various benefits processes, calculations,
and disbursements, including retirements, minimum distributions,
QDRO and annuity conversions, etc.
- Resolves benefit and payment issues and assists with
participant counseling on complex and/or sensitive cases.
- Develops and presents retirement education materials to
participants, including contributing articles to the quarterly
participant newsletter.
- Directs and assists in the handling and preparing of benefit
appeals to the Board of Directors.
- Supervises the work of the teams involved in benefit inquiries,
application fulfillment, reconciling and producing monthly pension
disbursements, weekly DC withdrawal requests, and maintenance of
retirement account balances.
- Ensures delivery of excellent participant services by providing
guidance, training, and development of team members.
- Performs complex benefits analysis and approves payment
actions.
- Works with IT to maintain cyclical processes such as payment
reconciliations, quarterly state filings, annual 1099R IRS filings,
supporting reports for Form 5500 filings, and annual statements for
Plan participants.
- Perform other duties as assigned. Qualifications:
- Minimum of 5 years multi-employer pension benefit experience
including pension processing; third-party administration or
Taft-Hartley experience strongly preferred.
- Progressive level of management experience, including at least
5 years leading and managing staff.
- Excellent oral and written communication and presentation
skills and a proactive approach to building working relationships
with all levels of personnel and external stakeholders.
- Ability to handle multiple tasks with changing priorities,
communicate changes in process or benefits, as well as adhering to
reporting and other deadlines.
- Strong analytical and problem-solving skills, attention to
detail and high standards in quality and accurate reporting.
- Strong leadership traits to inspire and motivate the team,
embracing diversity of thought, background, and experience.
- Intermediate proficiency level in Microsoft Excel, Word, and
PowerPoint required, as well as a working knowledge of
multi-employer DB and DC recordkeeping systems, such as Sagitec or
Vitech V3 preferred. The anticipated base salary for this position
is $180,000-$220,000 annually. The actual base salary offered will
depend on a variety of factors, including without limitation, the
qualifications of the individual applicant for the position, years
of relevant experience, level of education attained, certifications
or other professional licenses held. About MPI Located in Studio
City, CA, the Motion Picture Industry Pension and Health Plans
(MPI) are multi-employer trust funds established by collective
bargaining agreements between various employers and over 30 Unions
and Guilds representing employees in the motion picture industry.
Recognized as an Employer of Choice for its employee-focused work
environment, competitive compensation and benefits, MPI is a
recipient of the World at Work Seal of Distinction and is Great
Place to Work Certified! Motion Picture Industry Pension & Health
Plans (MPI) is an equal opportunity employer and does not
discriminate against any applicant or employee on the basis of
race, religion, color, national origin, ancestry, sex, sexual
orientation, gender identity, age over 40, marital status, veteran
status, mental or physical disability, pregnancy, genetic
information, or any other basis prohibited by law. Any applicant
who, because of disability, requires accommodation or assistance in
completing this application or at any time during the application
process should contact the Human Resources Department. MPI also
provides reasonable accommodations to disabled employees consistent
with its obligations under applicable law.
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Keywords: Motion Picture Industry Pension & Health Plans, Gardena , Retirement Benefits Director, Executive , Los Angeles, California
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