*****THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP***** To be considered for this position, applications and resumes are accepted only through our careers site by directly applying to the posted job. We do not accept unsolicited resumes or sales solicitations from staffing agencies. Any OCC employee wishing to submit a referral must do so through their Workday account. Any resume submitted outside of an active job posting will not be considered for employment. What You'll Do Reporting to the Manager Total Rewards, the Associate Principal,
Benefits
position is responsible for the administration, processes and controls of OCC’s benefit programs. This includes, but is not limited to, leave administration, health & wellness programs, benefits administration support, and benefits communication activities. Assists in the planning, development, implementation and monitoring of company-wide total wellbeing initiatives. Responsible for providing plan administration, participant communications, and customer service of the company’s health and welfare and retirement benefit plans and provides counsel to employees related to their coverage and options according to established policy. This role will provide an increased level of employee support to the organization by achieving full understanding of all processes, programs and Workday activities to credibly respond to the employee. The Associate Principal will use their judgment to identify and solve, when possible, the root cause problems and escalate when necessary. Essential
Duties
and
Responsibilities
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Well-Being &
Benefits
Programming Coordinate, manage and maintain company’s well-being programming to reduce health risk, medical costs, support DE&I initiatives and encourage healthy lifestyles. Implement well-being related activities, including annual wellness screenings, benefit fairs, flu shot program, lunch and learn sessions, fitness classes, and other related activities. Create employee communication materials with respect to new or existing benefit programs and wellbeing programming to provide continuing education. Responsible for maintaining and updating all documents/content on internal and vendor sites. Develop processes and execute initiatives to improve SharePoint site content navigation and improve overall awareness of the company’s benefit offerings. Monitor program utilization and identify trends; bring recommendations to the Manager, Total Rewards for process improvements or program enhancements. Leave of Absence Administration Responsible for leave of absence administration, including Worker’s Compensation. Advise employees and managers regarding LOA processes. Calculate eligibility regarding absences, FMLA, STD/LTD, and ADA. Coordinate with third-party vendors to ensure that notifications and tracking of leaves and disability are in compliance with State and Federal regulations, benefits deductions are in accordance with OCC’s policies, and leave time is properly recorded and paid. Proactively identify compliance risks or process gaps and recommend corrective actions.
Benefits
Administration & Vendor Management Coordinate with employees, managers, benefits broker, and outside vendors to ensure policies, laws and processes are followed appropriately and administration of all benefits programming operates efficiently. Manage vendor relationships and hold partners accountable to service expectations; escalate performance issues as needed. Maintain full working knowledge of Workday HR processes and benefits-related system activities to credibly respond to employee inquiries and ensure accurate data management. Cross-Functional Collaboration & Projects Collaborate with Accounting/Payroll, Legal and HR Business Partners as needed. Assists HR department in other areas as needed. Lead or contribute to Total Rewards projects, including vendor evaluations, system enhancements, and annual open enrollment planning and execution. Partners with Manager Total Rewards to identify trends, to develop and drive process improvements, and to implement new or enhanced benefits, absence management, or well-being programming. Supervisory
Responsibilities
None
Qualifications
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. [Required]
Experience
with self-insured benefits administration and a solid understanding of both health and retirement plans; 5+ years’ experience in employee benefits, leave of absence and wellness administration [Required] This position requires an extremely perceptive person who can relate to individuals at all levels within the organization. [Required] Strong analytical and organizational skills [Required] Excellent interpersonal skills and written/oral communication skills [Required] Achievement-orientation; ability to multi-task and manage shifting priorities to meet deadlines. [Required] Knowledge of pertinent federal and state regulations, filing and compliance requirements affecting employee benefits programs, including FMLA, ADA, ACA, ERISA, COBRA, HIPAA, Section 125, workers’ compensation, DOL and EEOC. [Required] Ability to work independently and effectively handle sensitive and/or confidential matters. [Required] Working knowledge of HR processes and procedures. [Required] Teamwork and collaboration; capable of building strong working relationships. [Required] Strong situational awareness, and ability to proactively identify business and HR teams’ needs and executive effectively. Technical Skills: [Required] Proficient with Microsoft Office [Preferred] HRIS experience (Workday) [Preferred]
Experience
with Sharepoint
Education
and/or
Experience
[Required] Bachelor’s degree in Human Resources (or equivalent), or Business, or related field [Required] 5+ years of relevant work experience Certificates or Licenses: Professional in Human Resources (PHR) or comparable HR certification
About Us
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
Benefits
A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include: A hybrid work environment, up to 2 days per week of remote work Tuition Reimbursement to support your continued education Student Loan Repayment Assistance Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely Generous PTO and Parental leave 401k Employer Match Competitive health benefits including medical, dental and vision Visit https://www.theocc.com/careers/thriving-together for more information. Compensation The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education. In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer. We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed. Salary Range $92,900.00 - $131,800.00 Incentive Range 8% to 15% This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance. Step 1 When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume. Step 2 You will receive an email notification to confirm that we've received your application. Step 3 If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. For more information about OCC, please click here. OCC is an Equal Opportunity Employer Protect yourself from recruitment scams Employers are seeing an increase in activity involving individuals falsely claiming to represent our company. These scams often include fake job offers, interviews or requests for financial and personal information. We take these matters seriously and want to ensure you stay informed and protected throughout your job search. Please keep the following in mind: OCC will never ask for payment or request personal banking information at any stage of the recruitment or career process. All official recruitment communications will come from a verified OCC email address ending in @theocc.com or the specific e-mail address of theocc@myworkday.com. Be cautious of messages from personal or non-company email addresses. Do not engage with or respond to suspicious emails or messages. If you are unsure about the legitimacy of a communication, verify the sender's email address and contact us directly. Hover over the sender's email address and confirm it ends with @theocc.com or myworkday.com and be alert for misspellings or added words. If you receive a suspicious email, text or phone call using OCC's name, please forward it to talentacquisition@theocc.com. Interviews OCC does not utilize video chat rooms (that is, Google Hangouts) to conduct interviews. OCC will only use our approved Zoom video interview platform. Your vigilance helps protect you and supports the integrity of our hiring process. Recognizing fraudulent communications Phishing emails often: Do not address you by name. Create a sense of urgency to prompt quick action. Contain links that lead to suspicious websites or malicious attachments. Include grammatical or spelling errors. A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include: A hybrid work environment, up to 2 days per week of remote work Tuition Reimbursement to support your continued education Student Loan Repayment Assistance Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely Generous PTO and Parental leave Competitive health benefits including medical, dental and vision OCC is an Equal Opportunity Employer OCC is an equal opportunity employer that is committed to diversity, equity, and inclusion. OCC provides equal employment opportunities to all employees and applicants for employment without regard to race, color, national origin, citizenship status, sex, sexual orientation, gender identity or expression, disability, age, marital status, religion, veteran status, or any other characteristics protected by applicable federal, state, or local laws. Numerous studies have shown that people from certain groups are less likely than others to apply to jobs if they believe they do not meet 100% of the requirements. We encourage everyone to review our open positions and apply if you think your experience may be a match, even if you do not meet all of the qualifications. Your perspective may be an element we need to continue building innovative solutions to support the markets and market participants we serve. If you need a disability related accommodation for any part of the application process, please email talentacquisition@theocc.com. The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com. A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include: A hybrid work environment, up to 2 days per week of remote work Tuition Reimbursement to support your continued education Student Loan Repayment Assistance Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely Generous PTO and Parental leave 401k Employer Match Competitive health benefits including medical, dental and vision Visit https://www.theocc.com/careers/thriving-together for more information. The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education. In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer. We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.