Senior Benefits Manager

Sun Chemical Corporation; Parsippany-Troy Hills (NJ); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Paid time off

Job summary

Sun Chemical Corporation, based in Parsippany-Troy Hills, NJ, seeks a Senior Manager of US Benefits to oversee Health & Welfare and Retirement programs for ~2,500 employees. You will manage a multi-million dollar budget, lead three specialists, and optimize SAP SuccessFactors and Businessolver integration for efficient benefits administration.

The role emphasizes governance, regulatory compliance, and collaboration with vendors and actuaries to maintain competitive, compliant plans for a

Qualifications

• 8+ years of progressive corporate benefits experience, including leadership of an enterprise benefits function (5,000+ employees)
• Self-funded health plans expertise and 401(k) plan governance
• Hands-on experience with SAP SuccessFactors and Businessolver or equivalent systems

Responsibilities

• Lead, mentor, and develop a team of Benefits Specialists.
• Establish performance metrics, service standards, and escalation pathways for the team.
• Own the integration between SAP SuccessFactors and Businessolver to ensure data accuracy and streamlined benefits administration.

Skills

Team leadership

Financial acumen

Analytical skills

Stakeholder management

Education

Bachelor's degree in HR/Business/Finance

Tools

SAP SuccessFactors

Businessolver

Job description

Position Summary

The Senior Manager of US Benefits will lead the strategic design, financial management, and operational execution of both Health & Welfare and Retirement programs for our approximately 2,500 US workforce. Managing a multi-million dollar budget for a $4B enterprise, this role will oversee our self-funded medical plans, direct-report a team of three specialists, and optimize our integration within SAP SuccessFactors and Businessolver to support a high-performing hybrid culture.

Key Responsibilities

• Team Management: Lead, mentor, and develop a team of three Benefits Specialists, ensuring balanced workloads across health, welfare, and retirement workstreams.
• Operational Excellence: Establish clear performance metrics, service standards, and escalation pathways for the team to handle complex employee benefit inquiries.

Self-Funded Health & Welfare Strategy

• Financial Governance: Drive the financial performance and design of self-insured medical, dental, and prescription drug plans.
• Actuarial Modeling: Partner with consultants and actuaries to analyze monthly claims data, evaluate stop-loss coverage limits, and establish annual premium tier modeling.
• Vendor & TPA Management: Hold Third-Party Administrators (TPAs), Pharmacy Benefit Managers (PBMs), and brokers accountable to strict Service Level Agreements (SLAs).
• 401(k) Administration: Oversee the administration, governance, and compliance of the company's defined contribution / 401(k) plan.
• Fiduciary Responsibility: Support the Retirement Committee, partner with investment advisors, monitor fund performance, and coordinate annual plan audits.

Systems, Systems Integration & Analytics

• Tech Stack Optimization: Act as the business owner for the integration between SAP SuccessFactors (core HRIS) and Businessolver (benefits administration platform) to ensure automated, error-free data flows.
• Data Auditing: Oversee routine file feed audits (834 files), payroll deduction mapping, and system configurations for life events and open enrollment.

Compliance, Leave & Risk Mitigation

• Regulatory Compliance: Ensure total regulatory alignment across ERISA, ACA, HIPAA, COBRA, and federal/state retirement laws.
• Mandatory Filings: Direct the timely preparation and execution of Form 5500 filings, non-discrimination testing, and ACA 1094-C/1095-C reporting.
• Absence Management: Oversee enterprise FMLA, short-term/long-term disability, and evolving state-paid family leave programs.

Required Qualifications

• Experience: 8+ years of progressive corporate benefits experience, including a minimum of 3 years leading an enterprise benefits function (5,000+ employees) and managing direct reports.
• Self-Funded & Retirement Expertise: Proven mastery of self-insured health plans alongside deep operational knowledge of defined contribution/401(k) plan mechanics.
• Technical Proficiency: Hands-on experience working with SAP SuccessFactors and Businessolver (or highly comparable enterprise-grade benefits enrollment software).
• Scale Capability: Background navigating large corporate structures ($1B+ in revenue) with an understanding of how US plans align with a global matrix.
• Education: Bachelor's degree in Human Resources, Business, Finance, or a related field.
• Credentials: CEBS, Certified Employee Benefit Specialist, SHRM-SCP, or SPHR is highly preferred.

BENEFITS

• We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, medical, dental, vision, short and long term disability benefits, 401(k)+match and life insurance. Eligibility of benefit timing may vary.

EQUAL EMPLOYMENT OPPORTUNITY

It is Sun's policy that applicants for employment are recruited, selected, and hired on the basis of individual merit and ability with respect to the position being filled. Sun prohibits discrimination on the basis of race, color, religion, creed, national origin, age, gender, sexual orientation, gender identity, marital or veteran status, disability, or any other status protected by applicable law.

Note:

The base pay range listed is a good-faith estimate of what Sun Chemical may offer to new hires for this position. Actual compensation may vary based on a variety of factors, including the candidate's knowledge, skills, and abilities (KSAs), relevant experience, education, certifications, and alignment with the minimum job qualifications. Additional considerations may include prevailing wages in the work location and internal equity within Sun Chemical.