At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. 

Job Description

The Retirement Expert is responsible for delivering core benefit design and planning initiatives to all plan participants by applying professional judgment, deep subject matter expertise, and a strategic mindset. The individual will manage all aspects of the company’s retirement plans and programs, with a primary focus on the 401(k) plan and the Financial Wellbeing program. Responsibilities include vendor management, compliance, project management, strategic planning and design, and partnering with the communications team. In addition, the individual will be responsible for implementing, managing and developing innovative solutions that support the business unit strategy and design by applying thought leadership and their subject matter expertise.

Key Responsibilities

Accountable for the strategic oversight of the company’s 401(k) retirement plan and Financial Wellbeing program, ensuring vendor performance, regulatory compliance, and alignment with organizational objectivesServe as the primary subject matter expert and point of contact for all aspects of the 401(k) plan and Financial Wellbeing program including plan design, operations, communications, and performance managementLead vendor relationships, managing recordkeepers, consultants, fiduciary partners, and other third-party providersMonitor legal and regulatory developments affecting the 401(k) plan and implement necessary changes to maintain compliance with ERISA, IRS, and DOL rulesSupport the administration and oversight of other retirement plans—including pension and non-qualified plans—through strategic guidance and operational coordinationCollaborate with internal partners in HR, legal, finance, and leadership to ensure retirement plans are integrated with broader total rewards strategiesManage retirement-related projects such as plan redesign, mergers, divestitures, and auditsAnalyze plan data and metrics to identify trends, optimize outcomes, and present recommendations to senior leadershipCollaborate with senior leadership on retirement program budgeting and reporting

Education

4 year Bachelors Degree (Preferred)

Experience

7 or more years of experience (Preferred)

Functional Skills

Expertise in 401(k) plan administration, compliance, and plan design.Proven ability to manage and enhance Financial Wellbeing programs.In-depth knowledge of ERISA, IRS, and DOL regulations and their application.Strong vendor management skills, including oversight of recordkeepers and consultants.Strategic planning experience with a focus on aligning retirement programs with organizational. goals.Skilled in leading cross-functional projects and managing multiple initiatives simultaneously.Proficient in budgeting processes and coordinating internal and external audits.Experience preparing and delivering presentations to executive committees and senior leadership.

Supervisory Responsibilities

This job does not have supervisory duties.

Education & Experience (in lieu)

In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Skills

401k Administration, 401k Planning, ERISA Audits, IRS Regulations, Microsoft Excel, Plan Design, Project Management, Reporting, Retirement Planning, Strategic Planning, Vendor Management, Wellbeing

Compensation

Compensation offered for this role is $92,560.00 - 166,465.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs

To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.