Marilyn N. Seigh, MBA, ChFC, CEBS
*** ******* ***** **********, ** 15237
412-***-**** (H) 412-***-**** (C)
AREAS OF EXPERTISE
Total Rewards Strategy and Implementation Domestic and
International Benefit Programs
Law and Tax Code Compliance Communications Strategy
and Delivery
Financial Analysis Team Leadership
CAREER SUMMARY
Carnegie Mellon University 5/2010
- date
Director, Retirement Administration and Benefits Accounting
Participate with the Total Compensation Committee and its meetings.
As appropriate, prepare and present meeting materials for review and
approval. Prepare thought papers and the related financial impact of
suggested strategies for review. Present annual results to the
Committee in preparation for the Audit Committee of the Board meeting.
Led project to develop and implement procedures to clear material
weakness for the 403(b) Plan, received IRS approval for plan
corrections to satisfy the VCP filing. Successfully led the first
401(k) annual audit and ongoing 403(b) audits.
With internal and external audit, prepared documentation and
procedures for benefit plans. Developed procedures and documentation
to ensure compliance with regulatory and legislative requirements.
Prepare special projects for the Interim CFO and Controller. Analyze
and implement improved processes and reports for quarterly Financial
Review, including salaries and benefits costs fluctuations.
Implemented a 401(k) Plan for non-resident aliens who had improperly
participated in the 403(b) Plan. Made associated corrections to make
affected participants whole and designed associated communication
strategy.
Manage 4 employees who have varying level of responsibilities for the
domestic and international retirement plans, benefits accounting,
benefit cost trends and developing the benefit fringe rate.
Port Authority of Allegheny County
12/2007 - 5/2010
Manager of Benefits Administration
Developed a Total Rewards philosophy and approach. Selected Success
Factors as the performance management system. Prepared statement of
philosophy and recommendations for the CEO to be presented to the
Board of Directors.
Developed a hybrid pension plan to replace the traditional DB plan for
the non-represented employees expected to result in $650,000 in
savings, but more importantly, as a position statement in anticipation
of negotiating the union plan.
Developed and implemented a wellness program. Established multi-
location teams and established bench marks and baselines for ongoing
evaluation and measurement. After offering incentives, increased
participation in the Health Risk Assessment tool by 10%.
Administer 3 DB plans and 1 Deferred Compensation plans. Administer
multiple health and welfare plans for active employees and retirees.
Work with vendors to ensure employee satisfaction, identify cost
control mechanisms and comply with legal and regulatory requirements.
Prepare, update and monitor annual benefits budget and make
recommendations for improved efficiencies and cost control. Prepare
cost projections for future planning and budgeting.
Supervised 4 employees and implemented changes for improved workflow.
NOVA Chemicals 3/2007-9/2007
Senior Analyst, Pension and Benefits
Administered 3 DB plans, 2 401(k) plans and 3 Canadian retirement
plans. Led the design and development of new pension and benefits
programs and communication tools for an international chemicals
company.
Monitored and recommended when new regulations and/ or competitive
trends should be incorporated into NOVA programs. Responsible for
plan documents, SPDs and meeting all other compliance requirements.
TIAA-CREF 2/1999 -
3/2007
Director, Institutional Client Services
Responsible for overall account management, client relationships and
profitability for $1.6 billion in assets with 45 clients. Provide
information to clients about new products and services as well as
legislative and regulatory changes.
Conducted group presentations to educate clients about financial
matters and retirement planning.
Assisted clients with compliance matters by drafting plan documents,
SPDs, and by providing information related to annual reporting and
nondiscrimination testing.
Allegheny Health Education and Research Foundation
1997 - 1999
Manager, Retirement and Savings Plans
Responsible for the administration of three defined benefit and four
defined contribution plans covering 32,000 employees. Managed a staff
of 4. Participated as a team member to design and implement a total
compensation package.
Acted as the project manager for outsourcing the administration of the
DB plan that covered 25,000 employees. Acted as primary liaison with
consulting firm to eliminate data problems and ensure customer
service.
William M. Mercer, Inc.
1989 - 1997
Consultant
Client Manager responsible for overall account management and client
relationships, ensuring delivery of all consulting services.
Responsible for leading and directing 18 teams generating annual
revenue in excess of $1,000,000.
Project manager for flexible benefit plan implementation for large
organizations. Responsible for plan design, administration systems
recommendations, employee communications strategy and materials,
carrier negotiations and internal coordination.
Provided clients with projects to meet compensation and benefit
financial objectives by preparing budgets and cost projections,
identifying alternatives, negotiating rates and plan provisions with
carriers.
HRB-Singer, Inc. 1978 -
1986
Human Resources Generalist
Ongoing assignments were of increasing responsibility within the
Employee Relations Department including all aspects of employee
relations and compensation and benefits. Participated in compensation
surveys and developed recommendations for salary ranges, merit
increases, and promotions.
EDUCATIONAL BACKGROUND
The Pennsylvania State University Bachelor of Arts
The Pennsylvania State University Master of Business Administration