Retirement Benefits Manager

PACCAR; Bellevue (WA); On-site; USD 119,000 - 186,000; Full time

Benefits offered by this job

401k with up to 5% company match

Fully funded pension plan

Comprehensive paid time off

Tuition reimbursement

Medical, dental, and vision plans

Job summary

PACCAR is seeking a Retirement Benefits Manager to lead the U.S. retirement programs team, overseeing pension, 401(k) and supplemental plans. You will drive engagement, ensure compliance, and manage vendor relationships to uphold service levels.

The role requires deep experience in benefits with strong analytical, financial, and project-management skills. Collaboration with HR and finance is essential to deliver competitive retirement offerings.

Qualifications

• BA in Business, Human Resources or related field.
• 8+ years of benefits, or related field, experience including team leadership
• MBA preferred.
• Established analytical and financial skills; strong project management skills; strong attention to detail; leadership skills; high level of commitment to quality.
• Effective communication skills across all levels of organization.
• Retirement legal compliance experience with working knowledge of law.

Responsibilities

• Manage PACCAR's U.S. retirement programs team and ensure they are economically sound, internally equitable and externally competitive.
• Design and administer U.S. retirement programs that include pension, 401(k) and supplemental plans.
• Develop engagement and communication strategies to increase employees' awareness and appreciation of plans.
• Responsible for facilitating actuarial valuations, annual audits, annual government filings, required plan communications and portions of the annual report/10K.
• Manage vendor relationships to ensure all performance commitments are met and that PACCAR is receiving a high level of customer service.
• Ensure regulatory compliance with applicable laws for retirement programs and associated policies and procedures. Maintain plan documents.
• Conduct final review of pension calculations, estimated and final, as requested by participants.

Skills

Analytical skills

Financial skills

Project management

Leadership

Communication skills

Retirement compliance

Education

BA in Business or related field

MBA

Job description

Company Information

PACCAR Inc, a Fortune 500 company, is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt and DAF trucks. Each truck is built with pride and each employee is supported by our passionate Human Resources team! PACCAR was honored as a 2020 "Top Company for Women to Work for in Transportation" by the Women in Trucking Association.

Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services - you can develop the career you desire with PACCAR. Get started!

Requisition Summary

PACCAR provides excellent benefits to our employees and their families. Our collaborative Corporate Benefits Team works together with HR professionals across the U.S. to ensure our programs are expertly administered and that our plan participants get maximum value. We are looking for a Retirement Benefits Manager to lead our team of professionals who administer our programs, manage our vendor-partners and drives special projects and changes to resolution.

The Retirement Benefits Manager oversees our pension, 401(k) and supplemental retirement plans. This includes ongoing design, compliance, communications and administration.

Job Functions / Responsibilities

We are looking for a dedicated benefits professional for our team. In this role, you will:

• Manage PACCAR's U.S. retirement programs team and to ensure they are economically sound, internally equitable and externally competitive.
• Design and administer U.S. retirement programs that include pension, 401(k) and supplemental plans.
• Develop engagement and communication strategies to increase employees' awareness and appreciation of plans.
• Responsible for facilitating actuarial valuations, annual audits, annual government filings, required plan communications and portions of the annual report/10K.
• Manage vendor relationships to ensure all performance commitments are met and that PACCAR is receiving a high level of customer service.
• Ensure regulatory compliance with applicable laws for retirement programs and associated policies and procedures. Maintain plan documents.
• Conduct final review of pension calculations, estimated and final, as requested by participants.

Qualifications

• BA in Business, Human Resources or related field.
• 8+ years of benefits, or related field, experience including team leadership
• MBA preferred.
• Established analytical and financial skills; strong project management skills; strong attention to detail; leadership skills; high level of commitment to quality.
• Effective communication skills across all levels of organization.
• Retirement legal compliance experience with working knowledge of law.

Benefits

As a U.S. PACCAR employee, you have a full range of benefit options including:

• 401k with up to a 5% company match
• Fully funded pension plan that provides monthly benefits after retirement
• Comprehensive paid time off - minimum of 10 paid vacation days (additional days are provided with additionalseniority/years of service), 12 paid holidays, and sick time
• Tuition reimbursement for continued education
• Medical, dental, and vision plans for you and your family
• Flexible spending accounts (FSA) and health savings account (HSA)
• Paid short-and long-term disability programs
• Life and accidental death and dismemberment insurance
• EAP services including wellness plans, estate planning, financial counseling and more
• This position is also eligible for a holiday gift.

Additional Job Board Information

PACCAR is an E-Verify and Equal Opportunity Employer/Protected Veteran/Disability. At PACCAR, we value talent and promote growth and development. We carefully consider numerous compensation factors including your education, training, or experience. The salary range for the Retirement Benefits Manager role is $119,100 - $186,300 annually. Additionally, this role is eligible for the full range of benefit options listed above.