Entity: People & Culture
Job Family Group: HR Group
Job Summary: About Us
At bp, we\xe2\x80\x99re reimagining energy for people and our planet. With operations working across almost every part of the energy system, we\xe2\x80\x99re leading the way in reducing carbon emissions and developing more sustainable methods for solving the energy challenge.
We\xe2\x80\x99re a team with varied strengths of engineers, scientists, traders and business professionals determined to find answers to problems. But we know we can\xe2\x80\x99t do it alone. We\xe2\x80\x99re looking for people who share our passion for reinvention to bring a fresh opinion, ambition, and to challenge our thinking in our goal to achieve net zero!
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Role synopsis
This role provides retirement benefits expertise across for the United States and ensures US retirement plans arfollowsth policy and local regulatory requirements. The candidate will drive alignment to all internal and external policies and standards while supporting delivery and implementation of bp group and country reward & wellbeing programs.
Key accountabilities
Responsible for daily operations of US pension and savings plans
Accountable for providing accurate and timely pension and savings benefit specialist advice
Consistent application of retirement plan processes and policy in line with bp group standards
Conduct assurance on compliance with policies and local regulatory requirements
Manage annual retirement benefit cyclical processes
Manage retirement benefit vendors/suppliers
Ensure retirement plan communication materials are up to date and readily available to employees
Provide specialist advice on the design of retirement benefit solutions and implementation management
Support any local collective bargaining agreement negotiations and implement outcomes
Support local, regional and global reward projects as required
Coordinates sophisticated administrative projects
Maintains and updates plan administration manuals and plan documents
Drafts and coordinates the distribution of pension and savings plan communications
Provides direction to retirement plan administrator regarding data corrections
Supports acquisition and divestiture activity
Provides support for litigation, ERISA claims and appeals, domestic relations orders, subpoenas and other legal proceedings
Crucial education:
Bachelor\xe2\x80\x99s degree in finance, economics, or business or equivalent work experience
Crucial experience and job requirements:
Strong business operations skills (e.g., familiarity with Excel, data management, research, etc.)
Knowledge of the regulatory, legal and social requirements for benefit programs in the United States
Strong analytical and problem-solving skills
Strong verbal and written communication skills
Fluent in English
Desirable criteria
Experience working with US pension and savings benefit plans
Understanding of how data is transmitted between systems and the impact each system has on the other
Experience working with diverse collaborators across multiple teams
Ability to multitask and prioritize activities to enhance value
Considering Joining our team?
At bp, we support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. bp is committed to encouraging an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees\xe2\x80\x99 lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, and more!
Travel Requirement No travel is expected with this role
Relocation Assistance: This role is not eligible for relocation
Remote Type: This position is a hybrid of office/remote working
Skills:
Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp\xe2\x80\x99s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please to request accommodations.
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