Employee Benefits Manager

Company: Realty Income Corporation
Location: San Diego
Posted on: April 1, 2025

Job Description:

Realty Income Corporation, headquartered in San Diego, is a globally recognized leader in the S&P 200. For over 50 years Realty Income has been a real estate partner to the world's leading companies. Our dedicated team is growing, and we are looking for a multifaceted Benefits Manager who embodies our company purpose of building enduring relationships and brighter financial futures.The Benefits Manager is an integral position in our People Success team who carries the overall responsibility for the strategic management of our global employee benefits programs, emphasizing exceptional customer service, effective communication, and efficient day-to-day administration.Specifically, the Benefits Manager will be responsible for:Vendor and Customer Management (40%)

• Lead the strategic management of vendor and customer relationships, optimizing the value of services provided and fostering sustained partnerships.
• Work across multiple locations to deliver a programmatic customer-facing benefits, communication, and education experience. Subject matter expert responsible to resolve benefits-related issues and discrepancies, and serves as the point of contact for employees, managers, and vendors on benefits-related matters. Maintains accurate records and files related to benefits programs.
• Develop and deliver engaging employee communication and education programs, ensuring regular updates and accurate information dissemination.
• Provide excellent customer service to global team members and create sustained relationships with multiple vendors.
• Provide timely and accurate resolution to team members' concerns by interpreting benefit policies and procedures.
• Develop and lead the benefits enrollment process, including annual US Open Enrollment, and ongoing new hire enrollment. Includes creation of employee communication, ongoing management of the benefit intranet site, review all plan documents for accuracy and complete all system testing and configuration for benefit administration.Benefit Administration (40%)
• Develop, implement, and administer international and multi-state benefits programs, including but not limited to 401(k), UK & Netherlands Pension Schemes, and leave of absences.
• Lead the development of annual benefit budgets, aligning them with organizational goals and strategies.
• Manage the benefits enrollment system, coordinates with payroll for accurate deductions, and ensuring timely processing of benefits-related changes.Leadership and Compliance (20%)
• Stay informed about benefit trends, regulations, issues, and best practices, providing recommendations to senior leadership to enhance benefits program effectiveness.
• Lead the design, development, and implementation of new and revised US, UK, and EU programs and proactively evaluate improvements to current programs.
• Prepare and file required reports and disclosures. Monitors and maintains documentation for audits and inquiries related to benefits programs.
• Ensure timely and accurate reporting and compliance with country, federal, state and local laws and regulations, including but not limited to ERISA, ACA, COBRA, HIPAA.
• Analyze complex data, extrapolate insights, and create reports on benefit utilization and adoption, facilitating strategic changes and adjustments to plans and policies.
• Implement strategies and initiatives to effectively communicate the advantages and value of these programs to employees, fostering a sense of enthusiasm and engagement.
• Actively seeks feedback and input to tailor and improve programs, continuously striving to enhance participation rates and maximize the overall impact on employee satisfaction and well-being.What you need to be successful:
• A qualified candidate will have a bachelor's degree or equivalent training and at least 8 years of direct benefits experience.
• Knowledge of multi-state Health & Welfare benefits, pension/savings plans (401K), leave of absence/ADA, disability insurance, worker's compensation, and wellness programs is required.
• CEBS strongly preferred or planned course completion once employed.
• Demonstrated expertise in evaluating benefit offerings and providing recommendations for modifications or additions that can enhance the retention and attraction of highly skilled professionals.
• Knowledge of 401(k), ERISA and IRS regulations administration and management.
• Comprehensive understanding of critical regulations and requirements such as FMLA, HIPAA, ACA, COBRA, LOA, and more.
• Ability to handle confidential employee information with discretion and good judgment.
• Demonstrated ability to create and conduct compelling presentations and effective training materials.
• Possess the flexibility to embrace shifting responsibilities and tasks, maintaining a proactive and solution-oriented mindset.
• Demonstrated ability to analyze complex data sets related to employee demographics, utilization rates, and program effectiveness.
• Establish and maintain productive partnerships, ensuring that vendors deliver quality services, meet contractual obligations, and provide excellent customer support to employees.
• Strong project management skills, with the ability to effectively plan, implement, and monitor benefit programs throughout their lifecycle.The base salary for this role is in the range of ($112,986 - $166,512). You may be eligible for an annual discretionary bonus and an annual discretionary stock award, to be discussed during the initial phone interview. Base salary and total compensation package determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.Most US based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 12 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time. Realty Income's purpose is to build enduring relationships and brighter financial futures, and this starts with you!
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Keywords: Realty Income Corporation, San Diego , Employee Benefits Manager, Accounting, Auditing , San Diego, California