Benefits Manager

Posted 8 Days Ago
Be an Early Applicant
McLean, VA, USA
In-Office
129K-193K Annually
Senior level
Financial Services
The Role
Own and lead administration, compliance, and strategic management of health & welfare benefit plans and leave programs. Serve as primary contact for complex benefit cases, manage vendors and systems, ensure regulatory compliance, drive process improvements, reporting, and employee communication and engagement initiatives.
Summary Generated by Built In

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:

The Benefits Manager is responsible for overseeing the administration, compliance, and strategic management of health & welfare benefit programs and leave of absence policies. This role ensures that all benefits offerings are competitive, compliant, and support employee well-being. The Benefits Manager collaborates closely with HR, payroll, legal, and external vendors to deliver best-in-class benefits experiences to employees, drive process improvements, and maintain regulatory compliance.

Our Impact:

Our team is dedicated to fostering a supportive and collaborative work environment by offering comprehensive benefits that address the diverse needs of our employees. We help drive employee satisfaction, retention, and engagement through thoughtful program design and responsive service. By proactively managing benefits and leave programs, we mitigate risk, ensure compliance, and empower employees to thrive both personally and professionally.

Your Impact:

As the Benefits Manager, you will shape and lead the administration of health & welfare plans (medical, dental, vision, life insurance, disability, etc.) and leave of absence programs (FMLA, ADA, parental leave, etc.). You will serve as the primary point of contact for benefit inquiries, resolve complex cases, and partner with stakeholders to ensure smooth processes. Your expertise will enable continuous improvement, accurate reporting, and compliance with federal, state, and local regulations. You will drive communication, education, and engagement initiatives to help employees maximize their benefits.

Qualifications:

  • Bachelor’s degree in Human Resources, Psychology, Business Administration, or related field

  • 7-10 years of progressive benefits administration and people management experience, with direct responsibility for health & welfare and leave of absence programs (10+ years strongly desired; 7 years minimum)

  • Strong knowledge of benefits laws and regulations (ERISA, ACA, COBRA, HIPAA, FMLA, ADA, etc.)

  • Experience with benefits administration systems and vendor management

  • Excellent analytical, communication, and problem-solving skills

  • Ability to manage multiple projects and deadlines in a fast-paced environment

  • Professional certifications (CEBS, PHR/SPHR, SHRM-CP/SCP) preferred

Keys to Success in this Role:

  • Deep understanding of benefits compliance and best practices

  • Strong attention to detail and organizational skills

  • Collaborative mindset, able to work effectively with cross-functional teams and external partners

  • Proactive approach to identifying and resolving issues

  • Commitment to delivering exceptional employee experience

  • Ability to communicate complex information clearly and empathetically

  • Adaptability to changing regulations and organizational needs

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants:  Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $129,000 - $193,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

Skills Required

  • Bachelor's degree in Human Resources, Psychology, Business Administration, or related field
  • 7-10 years progressive benefits administration and people management experience (10+ years strongly desired)
  • Direct responsibility for health & welfare and leave of absence programs
  • Strong knowledge of benefits laws and regulations (ERISA, ACA, COBRA, HIPAA, FMLA, ADA)
  • Experience with benefits administration systems and vendor management
  • Excellent analytical, communication, and problem-solving skills
  • Ability to manage multiple projects and deadlines in a fast-paced environment
  • Professional certifications (CEBS, PHR/SPHR, SHRM-CP/SCP)

Freddie Mac Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Freddie Mac and has not been reviewed or approved by Freddie Mac.

  • Healthcare Strength Health, dental, and vision insurance are consistently described as core offerings, supported by disability and life insurance coverage. Wellbeing support is reinforced through resources like a wellness center and related health programs.
  • Retirement Support Retirement benefits are positioned as a standout element, including a 401(k) with a strong match structure and additional retirement-related features. Profit sharing and pension-plan references further increase the perceived depth of long-term financial support.
  • Parental & Family Support Family-oriented benefits are described as extensive, including paid leave for new mothers and parental leave for spouses/domestic partners. Fertility coverage, adoption/surrogacy reimbursement, and back-up child/elder care add practical support across multiple family needs.

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The Company
HQ: McLean, VA
9,809 Employees
Year Founded: 1970

What We Do

Freddie Mac is serving America’s homebuyers, homeowners and renters by financing the creation and preservation of more affordable homeownership and rental opportunities, providing liquidity, stability and affordability to the housing market. We are Making Home Possible for families across the nation.

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