Job Description:

Job Title Human Resource (HR) Retirement Specialist

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a diversity of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this RolePrimary Responsibilities include but are not limited to the following:

• Manage various key US employee benefit programs, including: 3M’s US Retiree Medical program, which currently touches over 65,000 current and former employees; Voluntary Benefits (home and auto insurance, pet insurance, id theft protection, personal legal services, critical illness and accident, and hospital indemnity); and scholarship programs for 3M dependents. Lead initiatives to continuously improve the employee and retiree experience, advance benefits offerings and help attract and retain critical talent through competitive programs. Serve as subject matter expert, including knowledge of the plans and policies, benefit calculations, eligibility and operations. Drive implementation of program updates (participant communication, process requirements, vendor implementation, and legally required document updates) for a smooth participant experience. Engage with individual benefit plan participants (employees and retirees) to address needs.

• Vendor management activities, such as driving vendor excellence, developing tools for 3M’s oversight and vendor governance of vendor, and managing vendor relationships to the expected performance standards through development and analysis of vendor metrics. Identify trends and opportunities for performance improvement. Participate and/or lead RFP activities and contracting activities. Coordinate participant education sessions and tools in partnership with vendors.

• Develop and administer compliance & governance processes, including those related to ERISA legislation and Department of Labor regulatory requirements for retirement programs.

• Work with cross-functional partners in departments across 3M, including but not limited to: Finance, Legal, Procurement, Corporate Communications, and HR Business Partners and Operations team members. Ensure compliance with laws and regulations and plan documents. Work with legal and vendors to distribute legally required notices to participants. Partner with corporate communications on participant communications.

• Provide data and process analytical support to the team. Construct detailed analytical models for plan design. Other activities include automating manual processes, provide overall monitoring tools and analysis for vendor performance and cost.

• Conduct and/or partner with outside resources to perform proactive audits on high risk or changed processes to ensure data integrity and accuracy. Build proactive sampling processes for enhanced testing and auditing procedures including creating reports, conducting research, and conducting audits. Testing vendor systems prior to implementation to ensure an accurate and good client experience. Also, serving as a point of contact for internal and external audits.

• Stay abreast of industry trends and best practices and make recommendations for new or augmented benefits programs. Benchmark external industry programs and practices and keep current on legislative developments and process opportunities.

• Work with mid-level and senior 3M leadership on projects as requested. Conduct analysis, present and make recommendations to management. Projects may be within the area of responsibility or other areas of benefits.

• Engage in merger, divestiture and acquisition diligence and integration processes, as requested.

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

• Bachelor’s degree or higher (completed and verified prior to start)

• Five (5) years' experience in a Human Resources, Finance or Business Operations role in a private, public, government or military environment

Additional qualifications that could help you succeed even further in this role include:

• Demonstrated project management, organization, and leadership skills

• Strong MS Office skills

• In-depth knowledge of / experience with employee benefits and vendor management

• Experience providing SME support to current or former employees, professional colleagues and/or business leaders

• Minimum of 8-10 years in a similar benefits or financial analytical role

• Minimum of 4 years of experience in a highly analytical and problem-solving role

• Strong interpersonal skills capable of communicating with a diverse range of individuals

• External industry and regulatory Benefits and/or vendor management knowledge

• Auditing background is a plus

• MBA is a plus

• Understanding of 3M financial processes

• Excellent oral and written communication skills, as well as the ability to present and summarize data

• Able to effectively manage multiple projects and priorities

Work location:

Work Your Way Eligible (Employee choice to work remote, on site, or hybrid)

Travel: May include up to 10% domestic or international travel

Relocation Assistance: Is not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.

Chat with Max

For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on 3M.com/careers.

Applicable to US Applicants Only:The expected compensation range for this position is $137,439 - $167,981, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M.

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Our approach to flexibility is called Work Your Way, which puts employees first and drives well-being in ways that enable 3M’s business and performance goals. You have flexibility in where and when work gets done. It all depends on where and when you can do your best work.

Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/

3M is an equal opportunity employer. 3M will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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