Senior Benefits Manager

Posted 21 Days Ago
Be an Early Applicant
Minneapolis, MN, USA
In-Office
107K-147K Annually
Senior level
Fintech
The Role
Manage and enhance U.S. health and welfare benefits programs, including governance, compliance, vendor oversight, plan design, cost and utilization analysis, risk management, and employee communications. Partner with HR, Finance, Legal, Payroll, and Communications to implement changes, resolve issues, educate employees, and support competitive total rewards strategies. Lead benefits marketing, enrollment communications, regulatory reporting, audits, and emerging benefits research.
Summary Generated by Built In

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Help shape the employee experience through innovative and impactful benefits programs.

At Ameriprise Financial, we believe our people are our greatest asset. As a Senior Benefits Manager, you'll assist in designing, managing and enhancing U.S. health and welfare benefits that support the well-being of our employees and their families. You'll partner with HR, Finance, Legal, Payroll and Communications while ensuring compliance and delivering high-quality benefits experience across the organization.

This is an opportunity for a collaborative and analytical benefits professional who enjoys balancing strategy, governance, vendor management and employee experience in a complex and evolving environment.

Key Responsibilities

  • Responsible for governance and ongoing management of multiple health and well-being benefit programs, ensuring operational excellence and compliance with applicable federal, state and local regulations.
  • Provide oversight of external vendors, consultants, administrators, and service providers to drive effective program delivery, strong service performance, and exceptional employee experience.
  • Evaluate benefit program designs and recommend enhancements that align with business objectives, employee needs, market trends and financial considerations.
  • Partner with internal stakeholders across HR, Payroll, Finance, Legal and Communications to implement program changes, resolve issues and support broader benefits initiatives.
  • Analyze benefit plan performance, costs and utilization trends to develop insights and recommendations that inform business decisions.
  • Support governance and risk management activities, including plan documentation, regulatory reporting, audits, and Sarbanes-Oxley related controls.
  • Develop and execute communication strategies that market our benefit offerings and educate employees about available benefits, reinforcing the value of Ameriprise's total rewards offering.
  • Lead the marketing and employee education efforts of our benefit offerings, including annual enrollment communications, benefit launches, and ongoing campaigns.
  • Research emerging benefits trends and market practices to help ensure Ameriprise remains competitive in attracting and retaining top talent.

 

Required Qualifications

  • Bachelor's degree or equivalent combination of education and experience.
  • 7+ years of experience in employee benefits, with significant expertise in health and wellness programs.
  • Experience managing complex benefit plans within a corporate environment.
  • Proven ability to build and manage relationships with consultants, vendors, administrators, and other external partners.
  • Strong analytical and financial acumen, including experience evaluating program costs and developing data-driven recommendations.
  • Advanced proficiency with Microsoft Office applications, particularly Excel, PowerPoint, and Word.
  • Experience with AI and its application in managing and designing employee benefit programs.
  • Strong communication and presentation skills with the ability to simplify complex topics and engage a variety of audiences.

 

Preferred Qualifications

  • Experience leading complex projects and cross-functional initiatives.
  • Experience managing large, complex health and welfare programs.
  • Ability to influence and partner effectively with senior leaders and key stakeholders.
  • Certified Employee Benefit Specialist (CEBS) designation.
  • Experience working in a highly regulated environment.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.


Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Base Pay Salary

The estimated base salary for this role is $107,000 - $147,100/ year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Human Capital

Line of Business  

HR Human Resources

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Skills Required

  • Bachelor's degree or equivalent combination of education and experience
  • 7+ years of experience in employee benefits, with significant expertise in health and wellness programs
  • Experience managing complex benefit plans within a corporate environment
  • Experience building and managing relationships with consultants, vendors, administrators, and other external partners
  • Strong analytical and financial acumen, including experience evaluating program costs and developing data-driven recommendations
  • Advanced proficiency with Microsoft Office applications, particularly Excel, PowerPoint, and Word
  • Experience with AI and its application in managing and designing employee benefit programs
  • Strong communication and presentation skills, with the ability to simplify complex topics and engage varied audiences
  • Experience leading complex projects and cross-functional initiatives
  • Experience managing large, complex health and welfare programs
  • Ability to influence and partner effectively with senior leaders and key stakeholders
  • Certified Employee Benefit Specialist (CEBS) designation
  • Experience working in a highly regulated environment

Ameriprise Financial Services, LLC Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ameriprise Financial Services, LLC and has not been reviewed or approved by Ameriprise Financial Services, LLC.

  • Retirement Support — Feedback suggests a 401(k) with company contributions and financial well‑being programs strengthens long‑term savings. Employee stock purchase access and planning subsidies further support retirement readiness.
  • Strong & Reliable Incentives — Feedback suggests annual and long‑term performance incentives, alongside variable or commission components in advisor roles, can create meaningful upside for certain positions. Licensing support and bonus opportunities reinforce a performance‑linked pay mix.
  • Flexible Benefits — Feedback suggests flexible work options, the ability to purchase extra vacation, and paid volunteer time provide adaptable benefits for different life needs. On‑site clinic and fitness resources at headquarters and wellbeing programs add convenient lifestyle support.

Ameriprise Financial Services, LLC Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Minneapolis, MN
16,649 Employees
Year Founded: 1894

What We Do

Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals. We believe that with the right advisor, the right advice, and the right firm, life can be brilliant. Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states. Learn how you can build your career at Ameriprise Financial. *Ameriprise Financial Q2 2020 Statistical Supplement All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested. By clicking on a hyperlink, you may be directed to a non-Ameriprise website. Be aware that the linked site will be subject to rules, regulation, and privacy and security provisions that are separate, and may differ, from Ameriprise Financial. Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.

Similar Jobs

Optum Logo Optum

Senior Product Manager

Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
In-Office or Remote
Eden Prairie, MN, USA
160000 Employees
92K-164K Annually
Remote or Hybrid
USA
840 Employees

RBFCU Wealth Management Logo RBFCU Wealth Management

Senior Benefits Manager

Fintech • Payments • Financial Services
In-Office
Minneapolis, MN, USA
40 Employees
107K-147K Annually
In-Office
Apple Valley, MN, USA
6384 Employees
113K-169K Annually

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Artificial Intelligence • Fintech • Software
New York, New York
9 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
85 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account