Matthew Schmidt Email and Phone Number
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Results driven employee benefits Channel Sales Director with over 15 years of domestic and international health and welfare plan management experience.ADP Global Benefits Administration Area Product Leader for the United States. Top producing RegionalDirector for Insurope multinational insurance pooling network. Top producing Regional Sales Channel Manager with Prudential Group Insurance in 2002 obtaining over $20M in new business revenue sold through multiple sales channels including multi-national brokers and consultants. Led account management staff that supported $88M in revenue and a +94% account retention rate. 2006 recipient of Bank of America's 'Spotlight on Success' recognition for sales results stemming from positioning thebenefits insurance unit with commercial banking partners. Possess extensive knowledge of employee benefits programs focused on wellness, disease and lifestyle management programs. Speaker at the University of North Carolina's mid-sized employer health and welfare conferences on the topic of employee productivity, wellness and absence management programs.
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Total Rewards And Benefits LeaderNj Transit Oct 2023 - PresentNewark, New Jersey, UsLead the Total Rewards and Benefits department utilizing a data driven strategy to improve plan designs and contain cost while meeting the needs of 33,000 employees and retirees.Facilitating the transition of paper based operations to a Human Capital Management system -
Vice President Of People Operations And Total RewardsAdvanced Group Feb 2022 - Sep 2024Chicago, Illinois, UsBenefits: Established corporate benefits philosophy and lead data driven global strategy incorporating changes and plan improvements designed to contain costs while meeting employee needs across 15 countries. Led local research, legal sign-off, burden analysis and implementation of benefit plans for 10 global new marketsPeople Operations: Oversee day-to-day operations inclusive of HRIS, benefits administration, payroll and employee onboarding/off-boarding. Lead technology strategy, objectives and roadmap. Spearheaded and led Global HCM and Payroll sourcing projects from RFP to finalist selections Compensation: Manage and evolve the global compensation function, including annual compensation review cycle, market data survey participation and job evaluationRecognition: Evaluate and implement recognition structures that elevate employee engagement, productivity and retention -
Director, Global Total Rewards (Contract)Axiom Jun 2018 - Feb 2022New York, Ny, Us• Lead the US and global compensation and benefits team.• Oversee global benefits, time off and leave for 9 domestic and 8 international offices, including budget management, plan changes/updates, local compliance, plan administration, communications and broker/vendor relationships.• Lead global compensation, including benchmarking project and equity grants • Accountable for the annual renewals of our 9 global benefit packages, inclusive of healthcare, ancillary and pension; runs open enrollment process, communications and education for our global team members; own new hire education and enrollment. • Lead negotiation and transition of US medical benefits from a fully insured funding mechanism to a self-insured program.• Lead audit and plan design changes for our global time off and leave programs.• Lead effort to institute a 401k-employer match in the United States, as well as modifications to our United Kingdom pension scheme. • Own all statutory reporting requirements for our healthcare, retirement, ancillary and leave obligations for global office locations.• Lead local research, legal sign-off, burden analysis and implementation of benefit plans for global new markets team.• Run annual internal compliance re-certification program for global staff in Workday. -
Senior Manager, Global Benefits (Contract)Axiom Jul 2018 - May 2019New York, Ny, Us• Lead global benefits, time off and leave for 9 domestic and 8 international offices, including budget management, plan changes/updates, local compliance, plan administration, communications and broker/vendor relationships.• Accountable for the annual renewals of our 9 global benefit packages, inclusive of healthcare, pension and ancillary benefits. Lead open enrollment process, communications and education for our global team members; own new hire education and enrollment. • Led negotiation and transition of US medical benefits from a fully insured funding mechanism to a self-insured program. Resulted in a 30% reduction in spend, while increasing benefits delivered to employees. • Manage US and global benefits team• Led benchmarking audit and proposed plan design changes for our global time off and leave programs.• Leading proposal effort to institute a 401k employer match in the United States, as well as modifications to our United Kingdom pension scheme. • Own all statutory reporting requirements for our healthcare, retirement, ancillary and leave obligations for globally.• Lead local research, legal sign-off, burden analysis and implementation of benefit plans for global new markets team.• Manage expat benefit package for our international assignees. • Run annual internal compliance re-certification program for global staff in Workday.• Partner with HRIS, IT and Compensation teams on daily basis. -
Director Of BenefitsAdvisor Compliance Associates, L.L.C. May 2019 - May 2021• Lead benefits team.• Oversee benefits programs including budget management, plan changes/updates, local compliance, plan administration, communications and broker/vendor relationships.• Accountable for the annual renewals of our benefit packages, inclusive of healthcare, ancillary and pension; runs open enrollment process, communications and education for our global team members; own new hire education and enrollment. • Leading negotiation and transition of US medical benefits from a fully insured funding mechanism to a self-insured program.• Own all statutory reporting requirements for our healthcare, retirement, ancillary and leave obligations for office locations.• Lead local research, legal sign-off, burden analysis and implementation of benefit plans for global new markets team.• Manage expat benefit package for our international assignees. • Run annual internal compliance re-certification program for global staff in Ultimate. -
Area Product Leader- Global BenefitsAdp Sep 2017 - Jul 2018Roseland, New Jersey, UsDelivered cutting edge global benefits administration solutions that assisted employers in containing global benefits spending through access to actionable data. These solutions also engage, educate and empower employees while maintaining compliance in the ever changing world of multinational benefits delivery.• United States leader for Global Benefits Administration within ADP. Expert resource for our global capabilities.• Led the global benefits administration product delivery and channel sales for ADP, inclusive of sales leadership, marketing, product enhancements and strategic account planning.• Drove sales and delivery of global total reward administration solutions for major corporations; inclusive of enrollment, compliance, human resource, employee training modules inclusive of enrollment, compliance, analytic reporting, and payroll system integration.• Advised internal and external partners and clients regarding global benefits plan designs.• Provided internal and external thought leadership into global market regulations and employee benefits trends. • Built relationships with key global brokers, consultants and multinational clients.Exited ADP when they disbanded this initiative. -
Regional Director, East CoastInsurope Jun 2013 - Sep 2017Brussels, Brussels Region, Be• Top producing Director Globally in 2017 with $27,000,000 in new business sales. • Managed channel sales and global benefits programs for employee medical, life and disability insurance programs and administration of insurance pooling programs for over sixty Fortune 1,000 multi-national companies, representing nearly $100 million in annual revenue. • Responsibilities included plan expansion, annual and semi-annual reporting, plan administration and compliance delivery.• Conduct market assessments, build strategies, vet potential new network partners, develop and deliver global welfare solutions for internal and external senior executives. • Interviewed and managed client support staff. • Developed and managed third party distribution relationships with AonHewitt, Mercer, Willis Towers Watson and additional global brokers, consultants and insurance network partners in over 86 countries.• Developed and manage relationships with global brokers and consultants and insurance network partners in over 86 countries.Insurope has approximately 700 multinational clients, over 4,500 local country plans and premiums in excess of $750,000,000. -
Strategic Alliance Manager - National Account Services AdpAdp Sep 2012 - Jun 2013Roseland, New Jersey, UsAs the Eastern Region National Accounts Strategic Alliance Manager for ADP I develop and maintain strong relationships with broker and consultant partners. Delivered cutting edge Human Capital Management technology solutions that assisted employers in containing or reduce their benefits spending. These solutions also engaged, educated and empowered their employees while maintaining compliance in the ever changing world of health benefits delivery.• Delivered and implemented health and welfare administration systems for major corporations; inclusive of enrollment, compliance, human resource, employee training modules and payroll systems.• Launched channel partnerships, coordinated conferences and managed relationships with senior leaders within consultants: Deloitte, KPMG, Willis, Gallagher, Lockton, Mercer, AonHewitt, USI, Wells Fargo• Managed the eastern region consultant sales channel for ADP, achieved 133% of revenue objective. -
Benefits ConsultantSelf Employed Mar 2009 - Sep 2012• Healthcare consultant providing employer groups with welfare program guidance with an emphasis on improving employee health and productivity. Possess in-depth experience creating integrated disability and lifestyle management programs, employee productivity and absence management programs.
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PrincipalLockton Companies Jun 2007 - 2009Global, UsCo-launched the New York employee benefits division for the largest independently owned insurance consultant in the United States. Developed and implemented health and welfare programs for large corporations.• Healthcare consultant focused on obtaining and managing corporate welfare projects focused on integrated wellness and disease management strategies designed to improve employee health results while decreasing employer medical spend.• Built, launched and managed learning sessions and conferences for senior executive audiences -
Vice PresidentBank Of America/ Hrh/ Willis Nov 2004 - May 2007Charlotte, Nc, UsEmployee benefits leader and client team manager focused on obtaining and growing welfare consulting relationships with Fortune 1000 employers. Led unit in 2006 with cross-sale revenues and new corporate banking clients obtained. • 2006 recipient of Bank of America's 'Spotlight on Success' recognition for sales results stemming from positioning the benefits insurance unit with commercial banking partners.• Achieved sales success through a focus on integrated disease and lifestyle management programs, disability, employee productivity and absence management consulting. Facilitated and drove property and casualty sales.• Provided expertise and guidance to internal consultants, clients and prospects regarding the benefits of incorporating integrated time-off platforms, FMLA, disability and workers compensation programs.• Key strategic account relationship manager with oversight responsibility of account management team.• Headed cross-functional team that set job responsibilities, a formal training program, promotion and ethics guidelines for account management and support personnel teams.• Left Bank of America when my division was sold to Willis/HRH. -
Regional Sales ManagerPrudential Financial 1995 - 2004Newark, New Jersey, UsResponsibilities included new channel sales of group life, disability, integrated disability, multi-national pooling and absence management products to corporations. Led account management, plan design development, renewal negotiations, and additional product sales to existing corporate clients. Consistently exceeded sales revenue objectives. Built and managed strong relationships with clients, distribution channels, brokers and consultants. • #1 Regional Channel Sales Manager company-wide in 2002 • Negotiated and secured over $39,000,000 in new business revenues• Developed and sold Prudential’s largest integrated disability account, which improved company wide short term disability profitability by 6%• #1 Regional Sales Manager for long-term care cross-sale effort in 2003• Managed largest block of multi-national pooled clients in the New Jersey office • Member of product advisory team that developed new products and partnerships• Managed account renewal process and support staff responsible for $80,000,000 in annual revenue for large employer clients• Managed support staff, including hiring, training, promotion and dispute resolution• Coordinated industry seminars and conferences
Matthew Schmidt Skills
Matthew Schmidt Education Details
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Rutgers UniversityEconomics -
Goethe-Institute, Freiburg, GermanyGerman Language And Literature -
Rutgers, The State University Of New JerseyInternational Political Economy
Frequently Asked Questions about Matthew Schmidt
What company does Matthew Schmidt work for?
Matthew Schmidt works for Nj Transit
What is Matthew Schmidt's role at the current company?
Matthew Schmidt's current role is Vice President of Global People Operations and Total Rewards.
What is Matthew Schmidt's email address?
Matthew Schmidt's email address is ma****@****eru.com
What is Matthew Schmidt's direct phone number?
Matthew Schmidt's direct phone number is (800) 225*****
What schools did Matthew Schmidt attend?
Matthew Schmidt attended Rutgers University, Goethe-Institute, Freiburg, Germany, Rutgers, The State University Of New Jersey.
What are some of Matthew Schmidt's interests?
Matthew Schmidt has interest in Family, Winemaking, Homerewing, Cooking.
What skills is Matthew Schmidt known for?
Matthew Schmidt has skills like Active Directory, Disaster Recovery, Microsoft Exchange, Servers, Cisco Technologies, Vendor Management, Networking, Sharepoint, Group Policy, It Management, It Strategy, Microsoft Sql Server.
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