Benefits Manager

Job Description:

At Piper Sandler, we connect capital with opportunity to build a better future. 

We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.

We are currently seeking a Benefits Manager in our Minneapolis, MN office.

This position provides both strategic and hands-on leadership to the design, planning, implementation and ongoing administration of the benefits programs and processes.  The Benefits Manager will collaborate closely with Finance, Legal and Human Resources teams to model and deliver high quality programs that drive corporate strategies and priorities.

Essential Functions:

• Develop and manage benefits plans and policies to meet strategic objectives, ensure compliance, optimize costs, and enhance shareholder value.

• Model program costs and return on investment, and assess program effectiveness to inform decision-making..

• Conduct comprehensive benefits planning and benchmarking to ensure competitive offerings.

• Oversee the administration of benefit programs and policies including health, dental, life, disability insurance, flexible benefits, leave of absence, retirement plan, and COBRA.

• Serves as primary point of contact for complex employee leaves and accommodations.

• Manage vendor relationships as it relates to benefits administration and consulting to ensure optimal service delivery.

• Researches and monitor industry trends and best practices in benefits programs to maintain competitive edge.

• Manages regulatory compliance and corporate governance, recommending and implementing changes or additions to policies.

• Provides consulting and analytical support on benefits projects, creating training and communication materials as needed.

• Lead and develop a team of professionals; fostering a collaborative and high-quality work environment.  

• Perform other tasks, responsibilities and projects as assigned.

Requirements

• Bachelor’s degree in Human Resources or related field preferred. 

• 8+ years experience in benefit or HR roles; experience in managing teams is a plus.

• Professional certification (CEBS or related) preferred.

• In-depth understanding of benefits administration regulations including ERISA, HIPAA, COBRA and ACA required.

• Experience with international benefits programs across multiple countries is preferred

• Proficiency in MS Office applications

• Strong ability to multi-task and adapt to changing business environments.

• Excellent communication skills, with the ability to interact effectively with staff and management at all levels.. 

The anticipated starting salary range for individuals expressing interest in this position is $115,000 - $140,000 per year.  Placement within this range is dependent upon level of experience. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.