Manager Life Insurance

Loretta Carpenter

Telephone: 713-***-**** Email:

****************@*****.***

SUMMARY

An experienced benefits professional with a proven track record in the

design and delivery of health and welfare benefit programs. Excellent

decision-making and problem-solving skills with the ability to meet the

challenges of a constantly evolving benefits environment. Effective at

building relationships with personnel at all levels and providing the

highest level of service in order to meet the strategic goals of the

organization.

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EXPERIENCE

Westlake Chemical Corporation

Benefits Specialist

March 2011 - April 2012

. Key participant in the development of Company wellness program.

. Managed external consultants in the development of a new HR brand/logo

for benefit-related communication material.

. Administered service provider contracts ensuring that the terms were in

compliance with the contract agreement.

. Responsible for compliance-related requirements such as audits, IRS/DOL

filings, communication materials, etc.

. Assisted with special projects such as vendor evaluations, cost studies,

evaluation of plan design, etc.

Frontier Drilling USA, Inc. (acquired by Noble Corporation)

Benefits Manager

April 2010 - July 2010

. Managed Frontier Drilling's U.S health and welfare benefit plans and

401(k) Savings Plan.

. Responsible for the transfer of benefits-related information to the

acquiring Company

Transocean Inc.

Benefits Manager

2007 - 2009

. Managed Transocean's U.S. and international health and welfare plans for

domestic employees and international employees paid on the U.S. dollar

payroll.

. Managed the Company's defined benefit and defined contribution plans.

. Managed the Company's retiree medical and life insurance programs.

. Designed and communicated benefits information which included annual open

enrollment, summary plan descriptions, benefit highlights guides for new

hires, benefits newsletters, etc.

Loretta Carpenter

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. Negotiated and contracted with plan providers, third-party

administrators, insurance companies and consultants related to plan

design, coverage, plan administration and communication services.

. Managed the input and auditing of employee benefits data in the HRIS

systems and transfer of data to plan providers, actuary and consultants.

. Managed the administration of the various leave policies and programs.

. Coordinated with internal and external legal counsel to ensure that plan

documents and other legal documents were up-to-date and in compliance.

. Supervised staff of six individuals for annual department budget of $2.7

million.

GlobalSantaFe Corporate Services Inc. (acquired by Transocean Inc.)

Benefits Manager

(Duties as described above)

2001 - 2007

Global Marine Inc. (merged with SantaFe International to become

GlobalSantaFe)

Benefits Supervisor

(Duties as described above)

1982 - 2001

EDUCATION

University of Houston

Bachelor of Science in Business

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