HRBA Q4 Meeting & Presentation on Alternative Benefits Solutions
Join us for our Fourth Quarter HRBA meeting and a presentation on ‘Creative Benefits Strategies’ by Kyle Armeny of Gallagher.
Kyle Armeny currently serves as the Area President of the Gallagher Benefit Services Maryland branch in the Rockville, Maryland office.
Kyle joined the Gallagher team in 2013.
In his role, Kyle oversees the Maryland team with offices in Maryland and Virginia, which serves clients throughout Maryland, Washington, D.C., and Virginia. Kyle is responsible for the overall P&L of the office, as well as maintain executive responsibility for client relationships. Kyle also manages carrier and vendor relationships, branch growth, client retention, recruiting and staff development.
Before coming to Gallagher, Kyle spent 5 years of his career in a financial role on Wall Street in New York City – an experience that allowed him to develop a thorough understanding of the financial challenges organizations face in today’s market. Kyle executes on this knowledge with his own clients and also acts as a sounding board for ideas and strategies for the entire office.
Kyle graduated from the University of Pennsylvania with a Bachelor of Arts in Economics. A native of New Jersey, Kyle currently resides in Maryland with his wife Jennifer, his daughter Quinn, and his son Ford.
Michele C. Kocak
Ms. Kocak joined the Gallagher retirement consulting team in February 2006, with more than 15 years of financial services experience that has encompassed all areas of the employee benefits industry. The last twelve years have been specifically focused on investment consulting, fiduciary liability consulting, and plan design consulting for mid-market defined contribution plans.
Prior to joining Gallagher, Ms. Kocak worked for American Society of Pension Professionals and Actuaries (ASPPA) as a technical education consultant, where she wrote examinations and monitored designations for all ASPPA programs. She has also worked as an administrator in third-party administration firms and as a paralegal for an ERISA attorney.
Ms. Kocak earned her Bachelor’s Degree in Applied Mathematics from the University of Pittsburgh. She completed the Qualified Pension Administrator (QPA) and Certified Plan Consultant (CPC) designation programs in early 2000.
Ms. Kocak assists her clients with the design, implementation, and investment monitoring of retirement plans; performing research and consulting on plan document reviews; compliance testing and other U.S. Internal Revenue Service (IRS) and/or Employee Retirement Income Security Act of 1974 (ERISA) issues; and Fiduciary Risk Mitigation and process management.
In his presentation, he will cover three main areas and take questions from HRBA members throughout.
Part 1 – Overview of the alternative benefit landscape – In this extremely tight labor market, employers are looking to their total rewards package as a way to attract, retain, and engage top talent. We will review the alternative benefit landscape and look at what some successful employers are implementing to help with their human capital goals. We will also review what employees are asking for and discuss the different needs of the multi-generational workforce.
Part 2 – One of the most talked about and requested benefits for the millennial and gen z population is help with student loans. We will take a deep dive into the options that exist for employers and talk about a holistic program to address the student loan/tuition reimbursement/529 program needs of the entire workforce.
Part 3 – Increased flexibility is becoming more of a requirement of employees in today’s workplace. We will hear a case study from an employer who has successfully implemented an unlimited PTO policy as a way to address this flexibility requirement. They will discuss the lessons learned and both the positive and negative outcomes of the program.