Director Benefits Strategy & Administration
Primary Purpose
Lead the development, governance, administration, and optimization of all health, welfare, retirement, and leave-related benefit programs. Responsible for integrating strategic plan design with operational execution, ensuring programs are competitive, compliant, cost-effective, and effectively administered through internal teams and external partners.
Primary Duties
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Benefits Strategy & Plan Design
- Develop and maintain enterprise benefits strategy aligned with workforce and business objectives.
- Lead plan design, market benchmarking, cost management initiatives, and vendor innovation recommendations.
- Evaluate emerging trends and develop recommendations for leadership decision-making.
- Support long-range planning, budgeting, and benefits-related financial strategy.
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Benefits Administration & Operations
- Ensure effective administration of health, welfare, retirement, and executive benefit programs.
- Oversee annual enrollment, employee communications, compliance activities, appeals, and escalated participant issues.
- Ensure operational excellence across benefit processes, systems, and service delivery.
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Vendor Governance & Administration
- Serve as executive relationship owner for all benefits administration vendors, carriers, consultants, TPAs, and strategic partners.
- Lead vendor selection, RFPs, contract negotiations, performance management, service-level oversight, compliance reviews, and audit support.
- Establish governance processes, scorecards, and accountability measures to improve service, manage risk, and control costs.
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Labor & Regulatory Support
- Support labor negotiations by developing benefits analyses, cost projections, and bargaining proposals.
- Partner with Labor Relations on contract interpretation, benefit costing, and implementation of negotiated changes.
- Ensure compliance with ERISA, ACA, COBRA, pension regulations, and applicable federal, state, and local requirements.
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Financial Modeling & Analytics
- Lead benefit plan financial modeling, forecasting, contribution strategy development, and cost trend analysis.
- Support annual budgets, long-range plans, rate case requirements, workforce planning, and executive presentations.
- Utilize analytics to drive plan performance and identify opportunities for savings and improved outcomes.
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Leadership & Team Development
- Lead a combined Benefits Strategy and Administration team.
- Establish clear accountability between strategic planning, vendor governance, compliance, and operational execution.
- Build organizational capability through process simplification, standardization, and continuous improvement.
Job Scope
Leads strategy, governance, and administration for a broad portfolio of benefit plans, including multiple qualified and non-qualified retirement plans, legacy plan formulas, health and welfare programs and benefits provisions across union-represented and non-represented populations. Provides financial oversight for benefits programs, including budgeting, forecasting, contribution strategy, cost trend analysis, vendor fees, plan performance, and executive-level reporting. Manages a team of approximately 3 direct reports and 5 total staff, with accountability for prioritization, performance, capability building, process improvement, and cross-functional coordination.
Minimum Qualifications
- Bachelor's degree in Human Resources, Business Administration, Finance, Accounting, or a related field.
- 12 or more years of progressively responsible experience in employee benefits, total rewards, HR operations, or related HR functional leadership.
- Demonstrated experience leading health, welfare, retirement, leave, and/or executive benefits programs in a complex organization.
- Strong knowledge of benefits administration, plan design, vendor management, compliance requirements, and benefits governance practices.
- Experience managing external vendors, consultants, carriers, TPAs, and/or benefits administration partners, including performance oversight and issue resolution.
- Strong financial, analytical, and modeling skills, including experience with benefit cost forecasting, budgeting, contribution strategy, or plan performance analysis.
- Working knowledge of applicable benefits laws and regulations, including ERISA, ACA, COBRA, HIPAA, and related federal, state, and local requirements.
- Experience partnering with Legal, Labor Relations, Finance, HR Business Partners, and senior leadership on benefits-related matters.
- Demonstrated leadership experience, including leading teams, managing priorities, building capability, and driving process improvement.
- Excellent written, verbal, presentation, and executive communication skills.
Preferred Qualifications
- Master's degree or relevant professional certification.
- Experience supporting union/labor negotiations, collective bargaining agreements, or benefits-related labor costing.
- Experience in a large, complex, matrixed, regulated, or multi-state organization.
- Experience with benefits technology platforms, annual enrollment, participant communications, appeals, audits, and escalated employee issue resolution.
- Ability to translate complex benefits, financial, and regulatory information into clear recommendations for senior leaders.
Benefits
- Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $169,600.00/Yr. – $233,200.00/Yr. plus an additional $50K in Long Term Incentive Plan annually
- Annual Bonus for eligible positions: 30%
- 401(k) match and annual company contribution
- Medical, dental and vision insurance
- Life and disability insurance
- Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
- Employee Assistance Program and resources for mental and emotional support
- Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
- Referral bonus program
- And much more