Senior Benefits Manager in Parsippany, New Jersey at Sun Chemical Corporation

Senior Benefits Manager

Parsippany, NJ, US, 07054
Primary Location: Parsippany
Location:

Parsippany, NJ, US, 07054

Remote or On-Site: Hybrid
Req ID #: 6902
Pay Ranges : $160,000 - $200,000

ABOUT THE ORGANIZATION

Sun Chemical, a member of the DIC Group, is a leading producer of packaging and graphic solutions, color and display technologies, functional products, electronic materials, and products for the automotive and healthcare industries. Together with DIC, Sun Chemical is continuously working to promote and develop sustainable solutions to exceed customer expectations and better the world around us. With combined annual sales of more than $8.5 billion and 22,000+ employees worldwide, the DIC Group companies support a diverse collection of global customers.

Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, New Jersey, U.S.A. For more information, please visit our website at www.sunchemical.com or connect with us on LinkedIn or Twitter

Position Summary

The Senior Manager of US Benefits will lead the strategic design, financial management, and operational execution of both Health & Welfare and Retirement programs for our approximately 2,500 US workforce. Managing a multi-million dollar budget for a $4B enterprise, this role will oversee our self-funded medical plans, direct-report a team of three specialists, and optimize our integration within SAP SuccessFactors and Businessolver to support a high-performing hybrid culture.

Key Responsibilities

People Leadership & Team Development

Team Management: Lead, mentor, and develop a team of three Benefits Specialists, ensuring balanced workloads across health, welfare, and retirement workstreams.

Operational Excellence: Establish clear performance metrics, service standards, and escalation pathways for the team to handle complex employee benefit inquiries.

Self-Funded Health & Welfare Strategy

Financial Governance: Drive the financial performance and design of self-insured medical, dental, and prescription drug plans.

Actuarial Modeling: Partner with consultants and actuaries to analyze monthly claims data, evaluate stop-loss coverage limits, and establish annual premium tier modeling.

Vendor & TPA Management: Hold Third-Party Administrators (TPAs), Pharmacy Benefit Managers (PBMs), and brokers accountable to strict Service Level Agreements (SLAs).

Retirement Plan Oversight

401(k) Administration: Oversee the administration, governance, and compliance of the company’s defined contribution / 401(k) plan.

Fiduciary Responsibility: Support the Retirement Committee, partner with investment advisors, monitor fund performance, and coordinate annual plan audits.

Systems, Systems Integration & Analytics

Tech Stack Optimization: Act as the business owner for the integration between SAP SuccessFactors (core HRIS) and Businessolver (benefits administration platform) to ensure automated, error-free data flows.

Data Auditing: Oversee routine file feed audits (834 files), payroll deduction mapping, and system configurations for life events and open enrollment.

Compliance, Leave & Risk Mitigation

Regulatory Compliance: Ensure total regulatory alignment across ERISA, ACA, HIPAA, COBRA, and federal/state retirement laws.

Mandatory Filings: Direct the timely preparation and execution of Form 5500 filings, non-discrimination testing, and ACA 1094-C/1095-C reporting.

Absence Management: Oversee enterprise FMLA, short-term/long-term disability, and evolving state-paid family leave programs.

Required Qualifications

Experience: 8+ years of progressive corporate benefits experience, including a minimum of 3 years leading an enterprise benefits function (5,000+ employees) and managing direct reports.

Self-Funded & Retirement Expertise: Proven mastery of self-insured health plans alongside deep operational knowledge of defined contribution/401(k) plan mechanics.

Technical Proficiency: Hands-on experience working with SAP SuccessFactors and Businessolver (or highly comparable enterprise-grade benefits enrollment software).

Scale Capability: Background navigating large corporate structures ($1B+ in revenue) with an understanding of how US plans align with a global matrix.

Education: Bachelor’s degree in Human Resources, Business, Finance, or a related field.

Credentials: CEBS, Certified Employee Benefit Specialist, SHRM-SCP, or SPHR is highly preferred.

BENEFITS

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, medical, dental, vision, short and long term disability benefits, 401(k)+match and life insurance. Eligibility of benefit timing may vary.

EQUAL EMPLOYMENT OPPORTUNITY

It is Sun’s policy that applicants for employment are recruited, selected, and hired on the basis of individual merit and ability with respect to the position being filled. Sun prohibits discrimination on the basis of race, color, religion, creed, national origin, age, gender, sexual orientation, gender identity, marital or veteran status, disability, or any other status protected by applicable law.

Employment agencies are an important component of our talent acquisition strategy, and we value the partnerships we have built with our preferred vendors. We will not accept unsolicited resumes from employment agencies for any employment opportunity. All resumes submitted by search firms to any employee at Sun Chemical or directly to hiring managers in any form without a signed contract on file, and search engagement for that position, will be deemed unsolicited in nature, and no fee will be paid in the event the candidate is hired as a result of the referral or through other means. Additionally, any resume submitted without a contract in place will be considered property of Sun Chemical and no fees will be paid to the agency if the candidate is hired.

Note: The base pay range listed is a good-faith estimate of what Sun Chemical may offer to new hires for this position. Actual compensation may vary based on a variety of factors, including the candidate’s knowledge, skills, and abilities (KSAs), relevant experience, education, certifications, and alignment with the minimum job qualifications. Additional considerations may include prevailing wages in the work location and internal equity within Sun Chemical.