Director, U.S. Benefits

About the role

Labcorp is a global leader in laboratory services, providing the insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science, data, technology and laboratory network, we advance diagnostics, accelerate innovation and help address some of the world’s most important health challenges. As we shape the future of healthcare, we are leveraging advanced technologies, intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise, you’ll have the opportunity to do meaningful work, grow your career and make a real impact on people’s health around the world. Together, we’re improving health and improving lives. Labcorp is seeking a Director, US Benefits to join our team in Raleigh, NC with the flexibility of a hybrid work schedule!

Responsibilities

• Lead the design, administration, and continuous improvement of all U.S. employee benefit programs, including medical, dental, vision, life insurance, disability, wellness, and 401(k) plans.
• Develop and execute a comprehensive benefits and population health strategy that enhances the employee experience, improves outcomes, and manages long-term costs.
• Partner with leadership to leverage data analytics, reporting, and insights to drive strategic decision-making and optimize benefit program effectiveness.
• Establish and oversee benefits analytics, including dashboards, KPIs, metrics, and executive reporting.
• Translate complex benefits, utilization, and financial data into actionable recommendations for senior leadership.
• Provide financial oversight of benefits programs, including budgeting, forecasting, cost management, plan performance monitoring, and ROI analysis.
• Lead vendor strategy and management, including carrier and consultant relationships, contract negotiations, performance reviews, and annual renewals.
• Oversee 401(k) administration and governance activities, including retirement plan operations, compliance, fiduciary oversight, employee education, and committee participation.
• Ensure compliance with all applicable federal and state regulations, including ERISA, COBRA, FMLA, and related benefits legislation.
• Maintain and enhance benefits systems, reporting capabilities, data integrity, and audit processes.
• Analyze utilization, claims, and operational data to