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3M Specialist HR Benefits (Retirement)-R01138746 in Maplewood, Minnesota

Job Description:Job TitleHuman Resource (HR) Retirement SpecialistCollaborate with Innovative 3Mers Around the WorldChoosing where to start and grow your career has a major impact on your professional and personal life, so its equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a diversity of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.The Impact Youll Make in this RolePrimary Responsibilities include but are not limited to the following:Manage various key US employee benefit programs, including: 3Ms US Retiree Medical program, which currently touches over 65,000 current and former employees; Voluntary Benefits (home and auto insurance, pet insurance, id theft protection, personal legal services, critical illness and accident, and hospital indemnity); and scholarship programs for 3M dependents. Lead initiatives to continuously improve the employee and retiree experience, advance benefits offerings and help attract and retain critical talent through competitive programs. Serve as subject matter expert, including knowledge of the plans and policies, benefit calculations, eligibility and operations. Drive implementation of program updates (participant communication, process requirements, vendor implementation, and legally required document updates) for a smooth participant experience. Engage with individual benefit plan participants (employees and retirees) to address needs.Vendor management activities, such as driving vendor excellence, developing tools for 3Ms oversight and vendor governance of vendor, and managing vendor relationships to the expected performance standards through development and analysis of vendor metrics. Identify trends and opportunities for performance improvement. Participate and/or lead RFP activities and contracting activities. Coordinate participant education sessions and tools in partnership with vendors.Develop and administer compliance & governance processes, including those related to ERISA legislation and Department of Labor regulatory requirements for retirement programs.Work with cross-functional partners in departments across 3M, including but not limited to: Finance, Legal, Procurement, Corporate Communications, and HR Business Partners and Operations team members. Ensure compliance with laws and regulations and plan documents. Work with legal and vendors to distribute legally required notices to participants. Partner with corporate communications on participant communications.Provide data and process analytical support to the team. Construct detailed analytical models for plan design. Other activities include automating manual processes, provide overall monitoring tools and analysis for vendor performance and cost.Conduct and/or partner with outside resources to perform proactive audits on high risk or changed processes to ensure data integrity and accuracy. Build proactive sampling processes for enhanced testing and auditing procedures including creating reports, conducting research, and conducting audits. Testing vendor systems prior to implementation to ensure an accurate and good client experience. Also, serving as a point of contact for internal and external audits.Stay abreast of industry trends and best practices and make recommendations for new or augmented benefits programs. Benchmark external industry programs and practices and keep current on legislative developments and process opportunities.Work with mid-level and senior 3M leadership on projects as requested. Conduct analysis, present and make recommendations to management. Projects may be within the area of responsibility or other areas of benefits.Engage in merger, divestiture and acquisition diligence and integration processes, as requested.Your Sk lls and ExpertiseTo set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:Bachelors degree or higher (completed and verified prior to start)Five (5) years' experience in a Human Resources, Finance or Business Operations role in a private, public, government or military environmentAdditional qualifications that could help you succeed even further in this role include:Demonstrated project management, organization, and leadership skillsStrong MS Office skillsIn-depth knowledge of / experience with employee benefits and vendor managementExperience providing SME support to current or former employees, professional colleagues and/or business leadersMinimum of 8-10 years in a similar benefits or financial analytical roleMinimum of 4 years of experience in a highly analytical and problem-solving roleStrong interpersonal skills capable of communicating with a diverse range of individualsExternal industry and regulatory Benefits and/or vendor management knowledgeAuditing background is a plusMBA is a plusUnderstanding of 3M financial processesExcellent oral and written communication skills, as well as the ability to present and summarize dataAble to effectively manage multiple projects and prioritiesWork location:Work Your Way Eligible (Employee choice to work remote, on site, or hybrid)Travel: May include up to 10% domestic or international travelRelocation Assistance: Is not authorizedMust be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).Supporting Your Well-being3M offers many programs to help you live your best life both...Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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