What are the responsibilities and job description for the Human Resources Benefits Manager position at HighTower Advisors?
Our Story
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, and 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
What You’ll Do
You will be an important part of HR Operations Team that supports administering human resources policies and projects that supports a growing Financial Services company. You will provide tactical HR support to managers and employees nationwide on a variety of HR topics, including employee benefits. You will report to the Human Resources Director.
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
#LI-Hybrid
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, and 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
What You’ll Do
You will be an important part of HR Operations Team that supports administering human resources policies and projects that supports a growing Financial Services company. You will provide tactical HR support to managers and employees nationwide on a variety of HR topics, including employee benefits. You will report to the Human Resources Director.
- Serve as a resource for employees, addressing daily questions, providing guidance on HR policies, programs and benefits.
- Manage 401(k) plan, including enrollment, contributions and compliance.
- Oversee annual 401K True Up and 401K audit
- Manage Open Enrollment including coordinating with external broker, coordinating training, communications materials, and timelines
- Develop and implement benefit communication strategies to maximize the value of benefits to the employees of the organization
- Lead and file annual benefits reporting, testing and auditing, including discrimination testing
- Responsible for employee leave administration
- Deliver new hire benefits training for all new employees
- Design and implement corporate and firmwide wellness programs
- Ensure company compliance with provisions for all state and federal laws about benefits
- Monitor market trends and use data to evaluate benefit program effectiveness, identify areas for improvement and help guide data-based decision
- Become a Ceridian (HRIS system) superuser. Continue to develop reporting, implement new modules and other enhancements for the user experience
- Crosstrain on other tasks within team and provide backup to daily administration
- Travel to other Hightower offices (10%)
- Bachelor’s degree or equivalent experience required
- PHR or SHRM-CP certification a plus
- 5 years of experience in a Human Resources role
- Experience working with FMLA, ADA, Affordable Care Act, federal and state laws regarding benefits (i.e. COBRA, ERISA, Section 125), strong knowledge of health and welfare benefits
- Excellent project management skills
- Experience with cloud-based HRIS system (Ceridian a plus)
- Specific knowledge of several human resources processes (benefits, compensation, employment law/compliance, compensation, risk management)
- Ability to function in a high-energy, fast paced environment
- Demonstrated ability to research and uncover information for ad hoc projects
- Coverage on the first day of employment for medical, dental, and vision insurance
- Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
- Mother’s lounge onsite
- Flexible PTO plan
- Hybrid model work schedule (minimum 50% in office)
- Free brand-new gym in the Chicago office
- 401k matching plan
- HSA employer contributions
- Student loan assistance
- Pet insurance
- Base salary of $100,000 - $140,000 plus discretionary bonus (exact base salary amount will be dependent on experience)
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
#LI-Hybrid
Salary : $100,000 - $140,000
