William T. Shea, CEBS, MBA

*** ****** ******

Cherry Valley, MA 01611

774-***-****

acg5ny@r.postjobfree.com

PROFESSIONAL SUMMARY

A Benefits and Compensation Manager with over eight years of experience in benefits plan

management, administration, and design. An experienced Six Sigma Expert who has developed and

implemented efficient HR practices.

CAREER EXPERIENCE

College of the Holy Cross, Worcester MA November 2012 - Present

Associate Director of Human Resources/Benefits and Compensation

• Directed the College’s benefit and leave programs for over 1,400 employees, including pension,

403(b), 457(b), health/dental, disability, FMLA, life insurance, workers’ compensation, tuition

assistance, and unemployment.

• Introduced two high deductible healthcare options in 2014, which lowered fringe and increased

awareness in Wellness programs.

• Facilitated response to a six-month Department of Labor Investigation regarding pension plan,

resulting in a positive outcome.

• Coordinated the bid and implementation of a Master Administrator vendor for the College’s

403(b) Plan, generating a paperless process and cutting administration time by 50%.

• Initiated process improvements with senior health plan insurers by implementing a direct

billing strategy, which reduced administration of the plans by 90%.

• Managed the College’s Exempt and Non-Exempt compensation programs and drafted a

Compensation Policy to sustain market alignment and internal equity.

• Reviewed Best Practices at other institutions regarding Human Resources Policies and

Procedures and assisted in the design of a timekeeping policy to ensure compliance with the

Affordable Care Act.

• Designed and implemented merit increase and market adjustment system in PeopleSoft

program with HRIS manager.

Raytheon Company, Waltham, MA September, 2009 - November, 2012

Senior Benefits Analyst/Six Sigma Expert, Retirement Plans

• Oversaw vendor’s staff of benefit analysts and administered company’s eleven qualified and

non-qualified pension plans.

• Developed and presented fringe study for senior management, which compared company

benefits and costs per employee over a seven-year period.

• Lead Six Sigma project, which delivered company protocols to curtail non-eligible participants

from receiving disability pensions, reducing liabilities for two of the company’s largest defined

benefit plans by over two million dollars.

• Completed and audited complex manual defined benefit calculations for company executives in

the Supplemental Executive Retirement Plan (SERP) for proxy disclosures and retirement.

• Assisted legal department in drafting pension plan amendments for qualified and non-qualified

plans, according to IRC Section 409A and PPA.

• Reviewed and edited communications to former and current pension plan participants and

updated twenty-four Summary Plan Descriptions to reflect plan amendments.

• Arranged and facilitated monthly Benefit Appeals Committee meetings and served as the

executive contact for benefit disputes and appeals.

• Reviewed technical pension components of union contracts and provided input and advice to

corporate labor relations department.

Fidelity Investments, Marlborough, MA December, 2006 - September, 2009

Pension Analyst/Project Manager

• Served as a Subject Matter Expert in complex manual pension calculations, including SERP’s,

QDRO’s, and multiple transfers, for Fortune 100 client.

• Maintained a production level of 150% while completing an average of 200 manual defined

benefit calculations per month.

American Fiduciary Corporation, Needham, MA June, 2006 -

December, 2006

Pension Analyst

• Served as a liaison in a customer service role between clients and investment firms to ensure

the accuracy of quarterly, semi-annual, and annual benefit statements.

Athol High School, Athol, MA August, 2001 - June, 2006

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Business/Math Teacher, Grades 9-12

• Prepared and facilitated lessons in algebra, statistics, geometry, business management, and

business law.

EDUCATION

The Wharton School of the University of Pennsylvania

Certified Employee Benefit Specialist (CEBS) Certificate

Compensation Management Specialist (CMS) Certificate

Fitchburg State University, Fitchburg, MA

Master of Business Administration, Management

Fitchburg State University, Fitchburg, MA

B.S., Economics

AFFILIATIONS

Member, International Society of Certified Employee Benefit Specialists

Member, Independent Schools Compensation Corporation

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