Benefits Manager- Retirement
- GEICO Expired
- Gaithersburg, Maryland
- Full Time

This job ad was removed 1 day ago.
Job Description
At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities.
Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive through relentless innovation to exceed our customers expectations while making a real impact for our company through our shared purpose.
When you join our company, we want you to feel valued, supported and proud to work here. Thats why we offer The GEICO Pledge: Great Company, Great Culture, Great Rewards and Great Careers.
Primary Responsibilities
- Manages key Retirement and Financial Wellness vendor relationships and day-to-day operational activities including contracting, service delivery and performance management. Proven track record of success with managing large contracts.
- Participates in annual review activities and negotiations to ensure market-competitive financial terms and services.
- Regularly reviews Retirement and Financial Wellness program utilization and associate engagement to monitor plan financial performance and identify emerging cost drivers and trends.
- Provides plan design recommendations to leadership based on understanding of plan performance and market benchmarks/best practices.
- Includes comprehensive analysis of plan financial/member impact and business case development.
- Supports multi-year forecasting in alignment with the Long-Range Planning process.
- Supports annual budget setting analysis.
- Assists in the development and analysis of vendor Requests for Proposal (RFPs), as needed.
- Develops close working relationships with key People Group and business stakeholders to proactively ensures that benefit offerings align with business needs.
Minimum Requirements:
- Bachelors degree
- 5+ years of experience managing direct reports
- 5+ years administering benefits, with experience in benefits strategy, design, and with digital and visual platforms and communication systems preferred
- Ability to manage multiple priorities and stakeholders, working comfortably with ambiguity and with a high sense of urgency
- Resilient and able to respond under pressure
- Strong project management skills
- Able to work autonomously and provide independent opinions
- Excellent communication skills and ability to articulate complex issues concisely
- Excellent multi-tasking and prioritizing with strong track record of meeting challenging deadlines
- Strong analytical skills to manage large data volumes, understand and produce trends with commentary
- Advanced skills with Microsoft Office (PowerPoint, Excel and Workday)
- Adheres to the GEICO Code of Conduct, company policies, and operating principles
- Meets attendance standard of the business location, to perform necessary job functions and to facilitate interaction with subordinates and management
- This is a hybrid (3-days/week in office) role and open to all GEICO corporate office locations
Annual Salary
$100,450.00 - $157,850.00The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidates work experience, education and training, the work location as well as market and business considerations.
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.The GEICO Pledge:
Great Company: At GEICO, we help our customers through lifes twists and turns. Our mission is to protect people when they need it most and were constantly evolving to stay ahead of their needs.
Were an iconic brand that thrives on innovation, exceeding our customers expectations and enabling our collective success. From day one, youll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on peoples lives.
Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career and your potential in mind. Youll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.
Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.
As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.
Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.
- Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your familys overall well-being.
- Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
- Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
- Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities.
Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive through relentless innovation to exceed our customers expectations while making a real impact for our company through our shared purpose.
When you join our company, we want you to feel valued, supported and proud to work here. Thats why we offer The GEICO Pledge: Great Company, Great Culture, Great Rewards and Great Careers.
Primary Responsibilities
- Manages key Retirement and Financial Wellness vendor relationships and day-to-day operational activities including contracting, service delivery and performance management. Proven track record of success with managing large contracts.
- Participates in annual review activities and negotiations to ensure market-competitive financial terms and services.
- Regularly reviews Retirement and Financial Wellness program utilization and associate engagement to monitor plan financial performance and identify emerging cost drivers and trends.
- Provides plan design recommendations to leadership based on understanding of plan performance and market benchmarks/best practices.
- Includes comprehensive analysis of plan financial/member impact and business case development.
- Supports multi-year forecasting in alignment with the Long-Range Planning process.
- Supports annual budget setting analysis.
- Assists in the development and analysis of vendor Requests for Proposal (RFPs), as needed.
- Develops close working relationships with key People Group and business stakeholders to proactively ensures that benefit offerings align with business needs.
Minimum Requirements:
- Bachelors degree
- 5+ years of experience managing direct reports
- 5+ years administering benefits, with experience in benefits strategy, design, and with digital and visual platforms and communication systems preferred
- Ability to manage multiple priorities and stakeholders, working comfortably with ambiguity and with a high sense of urgency
- Resilient and able to respond under pressure
- Strong project management skills
- Able to work autonomously and provide independent opinions
- Excellent communication skills and ability to articulate complex issues concisely
- Excellent multi-tasking and prioritizing with strong track record of meeting challenging deadlines
- Strong analytical skills to manage large data volumes, understand and produce trends with commentary
- Advanced skills with Microsoft Office (PowerPoint, Excel and Workday)
- Adheres to the GEICO Code of Conduct, company policies, and operating principles
- Meets attendance standard of the business location, to perform necessary job functions and to facilitate interaction with subordinates and management
- This is a hybrid (3-days/week in office) role and open to all GEICO corporate office locations
Annual Salary
$100,450.00 - $157,850.00The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidates work experience, education and training, the work location as well as market and business considerations.
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.The GEICO Pledge:
Great Company: At GEICO, we help our customers through lifes twists and turns. Our mission is to protect people when they need it most and were constantly evolving to stay ahead of their needs.
Were an iconic brand that thrives on innovation, exceeding our customers expectations and enabling our collective success. From day one, youll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on peoples lives.
Great Careers: We offer a career where you can learn, grow, and thrive through personalized development programs, created with your career and your potential in mind. Youll have access to industry leading training, certification assistance, career mentorship and coaching with supportive leaders at all levels.
Great Culture: We foster an inclusive culture of shared success, rooted in integrity, a bias for action and a winning mindset. Grounded by our core values, we have an an established culture of caring, inclusion, and belonging, that values different perspectives. Our teams are led by dynamic, multi-faceted teams led by supportive leaders, driven by performance excellence and unified under a shared purpose.
As part of our culture, we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.
Great Rewards: We offer compensation and benefits built to enhance your physical well-being, mental and emotional health and financial future.
- Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your familys overall well-being.
- Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
- Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
- Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program, which offers the ability to work from anywhere in the US for up to four weeks per year.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.