What are the responsibilities and job description for the Manager, Corporate Benefits - M&A and Special Projects position at Bertelsmann, Inc.?
Position Overview
The Manager, Corporate Benefits - M&A and Special Projects is primarily responsible for providing Bertelsmann operating companies with acquisition support and expertise on employee benefits issues, including assisting with due diligence and supporting integrations of recently acquired entities. Under the guidance of the Chief People Officer the Manager, Corporate Benefits would also partner with the business, vendors, and consultants on key projects, such as the implementation of new vendors. Additionally, the Manager, Corporate Benefits provides excellent customer service to internal and external stakeholders by providing analytical support. The Manager, Corporate Benefits may also assist with the preparation of compliance filings.
The Manager, Corporate Benefits is part of the Corporate Benefits Department, which has the responsibility of developing, negotiating and customizing all health, welfare and retirement plans for each of the subsidiary Companies within the United States, including Penguin Random House, BMG, FremantleMedia, Arvato, Bertelsmann Education Group, Bertelsmann Printing Group and other holdings / groups, including any new acquisitions.
Job Description
- Lead benefits due diligence review of potential target organizations including, but not limited to conducting financial analysis, preparing cost comparisons, and preparing reports
- Provides advice to subsidiary HR and business leads on best approaches to transition acquired employees onto Bertelsmann's benefits platform
- Manage post-closing benefits integrations of HRIS and Benefits integration for acquisitions, spin-offs, carve-outs, and other transactions
- Liaise with benefits vendors to assist with smooth transition of benefits providers to employees
- Assist with applicable statuary filings and provide assistance with compliance such as 5500s, 720s, ACA Reporting, ERISA, COBRA, FMLA, SECTION 125, Medicare, IRS, and DOL requirements
- Analyze changes to state and federal laws pertaining to benefits recommend appropriate changes to management
- Project manage implementation of new vendors and process by collaborating with internal teams and vendor partners
- Support implementation by articulating business needs to the vendor implementation manager
- Ensure proper document retention of all acquisitions and implementations in accordance with statutory and internal business practices
Qualifications and Education Requirements
Bertelsmann, Inc. is proud to be an equal opportunity employer who values a diverse and inclusive workforce. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, disability status, age, sexual orientation, gender identity and expression, marital status, citizenship, HIV / AIDS status or any other legally protected factor.
Bertelsmann is a media, services and education company that operates in about 50 countries around the world. Its key geographical markets are Western Europe - especially Germany, France, Britain and Spain - as well as the United States. Bertelsmann's corporate divisions include RTL Group (television), Penguin Random House (books), Gruner Jahr (magazines), Arvato (services), Bertelsmann Printing Group (print), Bertelsmann Education Group and Bertelsmann Investments.
Company : Bertelsmann, Inc.
Country : United States of America
State / Region : New York
City : New York
Postal Code : 10016
Job ID : 277829
Salary range : $110.000,00 - $130.000,00
Target Bonus Amount : Target bonus potential of 15% of base salary, subject to company and individual performance.
Date : Feb 21, 2025
Location :
Salary : $110,000 - $130,000
