U.S. Benefits Program Manager

Momentive Performance Materials Inc

Niskayuna, NY

JOB DETAILS
SALARY
$95,500–$140,250 Per Year
SKILLS
Aerospace and Defense, Agriculture, Analysis Skills, Benchmarking, Budget Management, Business Strategy, Compensation and Benefits, Construction, Continuous Improvement, Corporate Policies, Cost Control, Data Analysis, Electronics, Establish Priorities, Finance, Financial Analysis, Financial Compliance, Financial Management, Forecasting, Healthcare, Incentive Programs, Interpret Regulations, Maintain Compliance, Market Analysis, Market Trend Analysis, Microsoft Excel, Negotiation Skills, Performance Analysis, Performance Management, Personal Care, Process Improvement, Project/Program Management, Regulations, Regulatory Compliance, Retirement Plan, Risk, Service Level Agreement (SLA), Vendor/Supplier Management, Vendor/Supplier Planning, Webinar
LOCATION
Niskayuna, NY
POSTED
8 days ago

Job Title:

U.S. Benefits Program Manager

Summary:

The U.S. Benefits Program Manager within the U.S. Benefits team is accountable for the design, delivery, and ongoing optimization of comprehensive health, welfare, and retirement programs. This role oversees the full lifecycle of benefits offerings, ensuring programs are competitive, cost-effective, and compliant with all applicable regulations.

This position also leverages data and market insights to drive continuous improvement, inform decision-making, and enhance engagement and utilization of benefit offerings. With responsibility for compliance, financial oversight, and vendor management, the U.S. Benefits Program Manager plays a critical role in aligning benefits strategy with organizational goals and workforce needs.

Please note that this role requires on-site presence five days per week, Monday through Friday.

Responsibilities Include:

Benefits Strategy & Design

  • Manages benefits strategy and design recommendations for our suite programs (e.g., health and welfare, retirement plans including qualified and non-qualified pension plans, etc.). Ensure that benefit programs operate in compliance with plan designs, carrier contracts, Company policies, and applicable laws and regulations.

  • Evaluate market trends, benchmarking data, and workforce needs to ensure competitive offerings.

  • Define program enhancements and long-term roadmap while partnering with the Americas Payroll and Benefits Leader.

  • Responsible for developing, coordinating and communicating webinars and other benefit-related items.

Governance & Compliance Oversight

  • Accountable for overall compliance and regulatory adherence across benefit programs including, but not limited to:

  • Form 5500 filings

  • PBGC filings

  • Annual Funding Notice

  • PCORI

  • Medicare Part D

  • ACA reporting

  • Required participant notices (e.g., Summary Annual Reports (SARs), Summary of Benefits and Coverage (SBC), fee disclosures, Summary of Material Modifications (SMM))

  • Interpret legislative and regulatory changes and determine program impact; Maintain awareness of emerging legislation and project management required program or policy changes.

Financial Management

  • Develop and manage annual benefits budget and forecasts.

  • Monitor plan costs and recommend cost containment strategies.

  • Lead vendor renewals, rate negotiations, and financial reviews.

Vendor Strategy & Governance

  • Own vendor strategy, selection, and ongoing governance.

  • Establish & monitor performance expectations, SLAs, and oversight routines.

  • Escalate and resolve complex or high-risk vendor issues.

Program Performance & Continuous Improvement

  • Monitor program utilization, participation, and cost trends.

  • Translate data into actionable insights and design improvements.

  • Identify and prioritize continuous improvement initiatives.

Other

  • Respond to complex benefit design questions by interpreting plan provisions.

  • Point of contact for union negotiation support.

  • Other duties as assigned.

Qualifications:

The following are required for the role

  • Bachelor's degree.

  • 7 years of health and welfare benefits and retirement experience.

  • Project management and vendor management experience.

  • Strong financial acumen and analytical capability

  • Thorough knowledge of benefits regulations

  • Proven ability to influence senior stakeholders

  • Strong Excel and data analysis skills

The following are preferred for the role

  • Experience with self-insured benefit plans

  • Experience supporting union environments

What We Offer:

Base Pay Range: $95,500 - $140,250

The actual salary offered is determined by factors including but not limited to education, experience, skill sets, and geography. Local geographic pay differentials may not be reflected in the above pay range and will be discussed with you by a member of the HR team when applicable. If you are interested in this position, we'd ask that you apply! #BePartoftheSolution

Additionally, this role is eligible for incentive or sales variable compensation payments. The amount of these incentives is based on the terms of the Company's incentive plans, the Company's financial performance, and/or individual employee job performance.

At Momentive, compensation is one part of your overall package. We offer a fantastic variety of total rewards and development programs to support your unique needs for overall well-being and personal career aspirations.

  • Health, dental & vision insurance, including critical illness coverage and optional orthodontia coverage.

  • Paid parental leave for the birth of a child; adoption and surrogacy reimbursement.

  • Short term disability with 100% base salary coverage.

  • Company funded counseling (EAP) and assistance finding care for children, parents, or pets.

  • 25 days of Paid Time Off (PTO) plus paid holidays. Additional time off with years of service.

  • 401k savings plan with 5% employer match plus additional contribution based on years of service.

  • Student debt pay-off program.

  • Professional development programs and courses.

  • Wellness programs and financial education.

Refer to the Hiring Process tab on our Careers page for a detailed description of the physical job requirements and location details for candidates considering relocation.

About Us:

Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer's products forward-products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.

Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.

To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.

Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.

About the Company

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Momentive Performance Materials Inc