Benefits Lead
Income Research + ManagementIncome Research + Management is a Boston-based, privately owned, investment grade fixed income asset management firm. IR+M delivers strong performance and consistent results through a rigorous, bottom-up security selection process and strives to provide best-in-class client service to our 900+ institutional and private wealth clients.Founded in 1987 and located in the heart of Boston’s financial district, IR+M employs 200+ full time professionals and currently manages over $130+ Billion in assets. IR+M has a fast-paced, open office environment that is driven by a motivated and collaborative workforce. We offer industry-leading benefits, as well as a challenging, collegial, and rewarding workplace with high levels of employee engagement.Open Position: Benefits LeadJob Description: As a member of the Human Capital Management Team, this role is responsible for overseeing benefits administration and total rewards across the Firm. Success in this position requires excellent interpersonal skills to foster positive relationships with employees and effectively collaborate with both internal and external stakeholders. The ideal candidate will demonstrate strong attention to detail, a proactive approach to managing multiple high-priority tasks, and the ability to communicate benefits information clearly and effectively to key stakeholders.Responsibilities:Manage and oversee IR+M’s benefit programs, including but not limited to medical, dental, group life and disability, commuter, and retirement plans, and leaves of absenceOwn administration of all employee benefits programs, including process, documentation, coverage, negotiations and renewals where necessaryManage relationships with benefit providers, brokers, and vendors and ensure quality service delivery for employee experienceDevelop and monitor metrics for measuring ongoing performance and effectiveness of benefits offerings and initiativesAnalyze market trends and benchmark data to ensure competitiveness and cost-effectiveness of IR+M benefitsPartner with external benefits vendors to develop and implement innovative ways to engage employees in their overall well-beingPartner with internal stakeholders to provide timely data analysis, reporting, strategy, communication, and forecastingAdminister employee benefits training, ensure compliance with local laws and communicate IR+M’s policies and procedures to employeesMonitor and audit file integrations and error reports, resolving any errors or issuesServe as primary point of contact for employees for benefits-related inquiriesEnsure that all benefits materials (e.g., handbooks, policies) are consistently updated on internal platformsSupport ad-hoc analysis and reporting requests from stakeholders and additional HCM special projects and initiatives as neededRequired Skills and Experience:Bachelor's degree required7+ years of experience in benefits roles with practical experience administering or managing benefit programsExperience with ADP and Employee Navigator strongly preferredExpert and comprehensive knowledge of benefits program concepts, principles and technologies, and related laws and regulationsAbility to deal with sensitive and complex information/situations with professionalism, and tactAbility to work in a fast-paced environment and meet strict deadlines with strong prioritization, planning and organizational skillsDemonstrated knowledge of the regulations that impact benefits, and experience with ERISA, COBRA, HIPAA, FMLA, etc.Excellent verbal, written, project management, and problem-solving skills with attention to detailExperience managing relationships with employee benefit brokers, carriers, and vendorsInnate desire to enhance employee experience, operates with a client service mindsetAdvanced Excel skills preferredWhat we offer you:Joining the IR+M team is an opportunity to experience a unique and exciting culture and work environment. On a daily basis our employees are encouraged to personify our core values; working in a manner that emphasizes investment, respect, positivity, and motivation across the business and in delivering results for our clients.We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.Hybrid work environment allowing individuals to build strong bonds with colleagues in the office mixed with remote work capabilityMedical, dental, vision and life insuranceRetirement savings – 401(k) plan with a safe harbor contribution (3%), a company discretionary contribution (12%), and a broad investment lineupTuition reimbursement up to $15K year$5,000 Referral bonus for employees who refer new hiresBusiness-casual dress environmentGenerous paid time off– including 20 days of vacation, 2 wellness days, unlimited sick time plus eight paid company holidays and 2 floating days each calendar yearPaid volunteer time — 2 days per calendar yearLeave of absence programs – including paid parental and family leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)Fitness, health, and composting reimbursementsApplicants must be authorized to work in the U.S. for any employer. IR+M is unable to sponsor or assume sponsorship of employment visas.IR+M operates in a hybrid model. This role requires on-site presence 2+ days a week.In addition to the opportunity to participate in a discretionary bonus program, the salary range below describes the estimated minimum to maximum base salary range for a position of this level. Compensation decisions are dependent on the facts and circumstances of each candidate and may vary based upon but not limited to relevant experience, licensure requirements, certifications, skill set, and other business and organizational needs.Base Salary Range: $100,000 - $130,000Annual Performance Bonus: This role is eligible for an annual performance-based bonus