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The Manager, Pension, Benefits & Recognition reports directly to the Vice President, Enterprise Total Rewards. As the Manager, the incumbent will be expected to design, align, deliver and advise in order to impact strategic business decisions and deliver results. The incumbent will be expected to work in an HRBP/COE delivery model.
• Design and manage enterprise benefits programs (globally) ensuring overall design is reflected in a cost effective, progressive employee benefits package that is market competitive and meets the needs of the organization.• Identify, plan and develop large and small scale plan reviews and revisions ensuring link to external market benchmarking and competitiveness, business and employee needs, good governance and legislative requirements.• Conduct internal reviews as necessary across OMERS enterprise to ensure consistent and fair practices. Develop and make revisions to policies and practices as appropriate.• Ensure benefit carriers are meeting OMERS needs; evaluate the effectiveness and efficiency provided by external benefit carriers while maintaining and fostering strong working relationships.• Negotiate new contracts and revisions with vendors / carriers; develop and implement new programs or changes as required to meet OMERS needs or evolving market and legislative conditions.• Keep current and monitor legislative and legal updates globally and identify impact on OMERS plans; recommend adjustments as required.• Develop long term and short term benefits communications, leveraging a number of communication vehicles to reach all audiences.• While this role does not have direct people management accountability, there will be a shared analyst to support key deliverables. In addition, this role works closely with the Shared Services team to ensure effective delivery and administration of programs.Key deliverables for 2013:• Design and implement an enterprise wide Reward and Recognition program to foster a culture of ongoing recognition in order to enhance employee engagement.• Design and implement a new retirement plan for US based employees.• Review benefits plans across the business entities (globally) with a view of harmonizing programs and vendors as appropriate.• Continue to monitor developments in pension legislation in order to contribute to the long-term vision for retirement plans across the enterprise.• Work with Pension Services to prepare analysis on impact of pension plan changes for the HR Committee of the Board.• Establish a Pension Governance model to ensure effective oversight of programs across OMERS.
Knowledge, Skills, Experience required:• Demonstrated expert knowledge in Pension and Benefits with a focus on governance, design and implementation.• Working knowledge of Reward and Recognition programs with the ability to design, implement and manage these programs across the enterprise.• 7 to 10 years of related work experience, with a focus on Pension and Benefits.• Superior organization skills with a demonstrated ability to achieve results in a complex environment, managing multiple priorities and time constraints.• Highly developed relationship building and interpersonal skills with the ability to build effective relationships and influence key partners; enter into challenging negotiations with external vendors and establish and maintain strong working relationships with colleagues and management.• Strong writing, communication and presentation skills.• Ability to think and act strategically but also to operationalize strategy into long and short term implications.• Must possess high integrity and personal values.• A team player, high results orientation, independent self-starter• University degree in a related discipline or equivalent in experience and education