Benefits Manager

At Murphy Oil Corporation, we believe the rich experiences and backgrounds of our employees strengthen our Company, create a productive workforce, and drive our success. We encourage you to apply for the positions for which you meet the qualifications.
Job Summary
The Benefits Manager is responsible for the strategy, evaluation, and development of existing and new benefits programs to maintain a competitive position in the marketplace while containing overall program costs.
The Benefits Manager will work in the Houston Corporate office and may work two (2) days a week remote.
Responsibilities
Works closely with vendors and brokers to coordinate benefit administration, ensuring services and programming are competitive and cost effective
Ensures benefits plans are in compliance with applicable governmental requirements and regulations, including annual reporting requirements (annual non-discrimination testing, 5500’s and Affordable Care Act)
Monitors administrative costs of benefits programs and recommends cost containment strategies, including alternate structures and methods for administration and funding
Keeps abreast of competitive trends in employee benefits, pending regulations, and potential impact to benefits programs
Analyzes data trends and metrics to assess or anticipate business risks and develops recommended solutions, programs, and applicable policies
Maintains HR system, ensuring employee eligibility and employee data are accurate for payroll deduction
Maintains HR System to ensure eligibility and retiree data are accurate for premium collections and coverage
Oversees benefits administration platform, ensuring accuracy of employee benefit profiles, plan design, plan options, and premiums deductions
Conducts various benefits plan audits (contributions, premium deductions, EOI’s, dependents, etc.), ensuring accuracy and plan compliance
Implements and ensures vendor SOC’s requirements are in place annually in connection with internal audit practices
Communicates benefit plan information, handles employee and retiree inquiries timely and accurately, and conducts employee sessions annually (particularly, during annual enrollment)
Drives change management and communication of benefits plan enhancements/changes throughout all levels of the organization, as well as within the office and throughout the field locations
Develops strong collaborative relationships with cross-functional teams
Monitors day-to-day benefits activities (processes, reconciliations, Q&A’s, health benefits statements, 401(k), etc.)
Validates 401(k) contribution and loan reconciliation for each payroll cycle, supplemental plan administration and maintenance
Acts as HIPPA Privacy Officer
Coordinates Benefits Committee and Investment Committee meetings, ensuring compliance and effectiveness of meetings
Ability to manage and mentor staff
Qualifications/Requirements
Bachelor’s degree in human resources or related field
Minimum 10 years’ experience in benefits administration, compliance, strategy development, and overall understanding of various employee benefits programs
Knowledge and understanding of regulations applicable to employee benefits programs
Experience with managing and administering defined benefit pension plans, defined contribution savings plan, and supplemental plans
Strong written and oral communication skills with a proven ability to communicate to peers and client groups, including C-Suite and board of directors
Advanced/proficiency in SAP (Success Factors), along with Microsoft Excel, Word & PowerPoint
Desired/Preferred Qualifications
Retiree Medical experience
ADP experience
#LI-Hybrid
PURPOSE
We believe in providing energy that empowers people.
MISSION
We challenge the norm, tap into our strong legacy and use our foresight and financial discipline to deliver inspired energy solutions.
VISION
We see a future where we are an industry leader who is positively impacting lives for the next 100 years and beyond.
VALUES & BEHAVIORS
Do Right Always
Respect people, safety, environment and the law
Follow through on commitments
Make it better
Think Beyond Possible
Offer solution
Step up and lead
Don’t settle for “good enough”
Embrace new opportunities
Stay With It
Show resilience
Lean into challenges
Support each other
Consider the implications
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Murphy Oil Corporation participates in the Department of Homeland Security U.S. Citizenship and Immigration Services' E-Verify program. Please read the E-Verify Notice-English / E-Verify Notice-Spanish and Right to Work Notice before proceeding with your job application.
For additional information, you may also visit the USCIS website .
Murphy Oil Corporation is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, genetic information, age, national origin, sexual orientation, disability, protected veteran status or any other category protected by federal, state or local law.
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