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J&J Family of Companies Head, Global Retirement in New Brunswick, New Jersey

Head, Global Retirement - 2206093461W

Description

Johnson & Johnson Global Benefits is currently recruiting for a Head of Global Retirement, located in New Brunswick, NJ.

Caring for the world, one person at a time has inspired and united the people of Johnson & Johnson for over 125 years. We embrace research and science -- bringing innovative ideas, products and services to advance the health and well-being of people. Employees of the Johnson & Johnson Family of Companies work with partners in health care to touch the lives of over a billion people every day, throughout the world.

With $71.9 billion in 2016 sales, Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of health care products, as well as a provider of related services, for the consumer, pharmaceutical, and medical devices and diagnostics markets. There are more than 265 Johnson & Johnson operating companies employing approximately 126,500 people and with products touching the lives of over a billion people every day, throughout the world. If you have the talent and desire to touch the world, Johnson & Johnson has the career opportunities to help make it happen.

Head, Global Retirement will:

  • Set and oversee the retirement benefit (pension, savings, retiree medical) strategy for the Company

  • Present strategy and retirement benefit proposals (new or changed plans) to management (the Pension and Benefits Committee)

  • Assess current retirement benefits programs, market trends, legislative, tax and social changes that impact the Company’s programs;

  • Participate in pension valuation process, overseeing and assessing results provided by consultant, help Controller’s group and Treasury to understand pension actuarial principles as needed;

  • Support Pension Investment group in setting and administering pension funding policy;

  • Support Finance by providing pension accounting expertise;

  • Lead Acquisition & Divestiture retirement / benefits matters during diligence, integrations and separations.

  • Provide interpretive guidance to Global Services with respect to escalations in the retirement benefit area;

  • Act as a member of the U.S. Benefit Claims Committee, providing technical guidance;

  • Lead the strategy and design on severance programs across the globe

  • Set and oversee the financial well-being strategy for the Company

  • Assist BUHR/ER in negotiation of social plans with unions and works councils as needed;

  • Work with the Heads of the other Benefits lines to set overall Benefits strategy and to ensure coordination of strategies among the lines;

  • Develop reporting metrics and benchmarking regarding current retirement plan performance;

  • Participate in development of global communication strategy in relation to benefits, along with ensuring that employees have appropriate counseling available.

Qualifications

Qualifications

  • BA/BS degree required within Mathematics, Finance or a related discipline preferred

  • Minimum of 10 years working in a Benefits function (required) with a strong background in design, development and delivery of retirement benefit programs for large multinational company(s); combination of consulting and corporate experience preferred;

  • Strong analytical skills and comprehension of insurance underwriting and actuarial concepts;

  • Completion of at least some of the actuarial exams (associate or fellow of the Society of Actuaries is best suited) preferred

  • Knowledge of emerging global market trends, cultural and competitive practices and legislation;

  • Strong negotiation and influencing skills;

  • Sense of urgency, attention to detail and accuracy, well organized and able to prioritize;

  • Strong leadership skills;

  • Operates as a global leader with understanding and appreciation for regional differences;

  • Strong understanding and working knowledge of benefits laws and regulations;

  • Excellent written and oral presentation skills;

  • International travel of up to 10%.

  • Ability to commute or relocate to the New Brunswick area is required.

  • Global scope and responsibility experience strongly preferred;

At Johnson & Johnson, we’re on a mission to change the trajectory of health for humanity. That starts by creating the world’s healthiest workforce. Through cutting-edge programs and policies, we empower the physical, mental, emotional, and financial health of our employees and the ones they love. As such, candidates offered employment must show proof of COVID-19 vaccination or secure an approved accommodation prior to the commencement of employment to support the well-being of our employees, their families and the communities in which we live and work.

For more information on how we support the whole health of our employees throughout their wellness, career and life journey, please visit www.careers.jnj.com .

Johnson & Johnson is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

The anticipated base pay range for this position is $160,000 -$276,000.

The Company maintains highly competitive, performance-based compensation programs. Under current guidelines, this position is eligible for an annual performance bonus in accordance with the terms of the applicable plan. The annual performance bonus is a cash bonus intended to provide an incentive to achieve annual targeted results by rewarding for individual and the corporation’s performance over a calendar/ performance year. Bonuses are awarded at the Company’s discretion on an individual basis.

Employees may be eligible to participate in Company employee benefit programs such as health insurance, savings plan, pension plan, long term incentive, disability plan, vacation pay, sick time, holiday pay, and work, personal and family time off in accordance with the terms of the applicable plans. For additional general information on company benefits, please go to: https://www.careers.jnj.com/employee-benefits

Johnson & Johnson is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Primary Location NA-US-New Jersey-New Brunswick

Organization Johnson & Johnson Services Inc. (6090)

Relocation Eligible: Yes - Within Country

Job Function Benefits

Req ID: 2206093461W

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