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GE Aerospace Benefits Counsel in Barrington, Illinois

Job Description Summary

GE Aerospace is a global provider of engines, systems, and services, with revenues exceeding $30 billion. As a leader in aviation technology, GE Aerospace continues to design, develop and manufacture jet engines, components and integrated systems for military, commercial and business and general aircraft as well as aero-derivative gas turbines for marine applications. In addition, GE Aerospace is the world's leading integrated engine maintenance resource.

GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation. GE Aerospace is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

The position reports to the Executive Counsel – Benefits and Executive Compensation in the Legal & Compliance Group and will work primarily with the legal, human resources, administrative operations, controllership and finance functions. This position will focus on qualified retirement plans (e.g., pension and 401(k) programs) and welfare benefit plans (e.g., health, disability and life programs). It will also be responsible for providing legal advice on executive compensation arrangements, fringe benefits and on-site medical clinics.

Job Description

Roles and Responsibilities

  • The position will be part of a team responsible for managing legal issues relating to the Company’s benefit plans and helping to ensure compliance with all applicable laws and regulatory requirements (e.g., IRS, HHS, DOL, PBGC and SEC requirements). Responsibilities will include the following:

  • Advising on plan administration, fiduciary matters and legal considerations in developing benefit design changes;

  • Providing tax expertise on Section 409A and other benefit matters;

  • Drafting and reviewing plan documents and amendments, participant communications, and fiduciary committee charters and meeting minutes;

  • Supporting benefits-related aspects of business acquisitions and dispositions and labor negotiations;

  • Supervising claims disputes and litigation.

Required Qualifications

  • J.D. with at least 5 years of full-time legal experience with employee benefit plans;

  • Knowledge of tax, ERISA, ACA and other laws applicable to benefit plans and executive compensation arrangements;

  • Prior experience conducting legal benefits-related research;

  • Prior experience drafting benefit plan provisions and communications.

Desired Characteristics

  • Self-motivated;

  • Keen attention to detail;

  • Strong oral and written communication skills;

  • Effective interpersonal skills, leadership characteristics and collaborative team-based approach to addressing matters;

The base pay range for this position is $175,000-225,000. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set. This position is also eligible for an annual discretionary bonus based on a percentage of your base salary/ commission based on the plan. ​

Benefit Insert

Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness. ​

General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs ( i.e ., is a “Sponsor”). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.

GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation. GE Aerospace is an Equal Opportunity Employer (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf) . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Aerospace will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: Yes

#LI-Remote - This is a remote position

GE Aerospace is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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