Senior Manager, Benefits

About the Role

At Regeneron, we use science and innovation to develop life-changing medicines for people with serious diseases. We are seeking an experienced and dynamic Senior Manager, Benefits to oversee the day-to-day operations of our U.S. employee benefits programs. This role involves managing a team of professionals, ensuring smooth execution of benefits-related activities, partnering with Human Resources Business Partners (HRBPs) and other HR Centers of Excellence (COE), and driving strategic initiatives to enhance employee satisfaction and organizational effectiveness. The ideal candidate will have strong leadership, organizational, and communication skills, coupled with deep expertise in employee benefits administration. This role reports to the Director of Benefits and offers the opportunity to contribute to a fast-growing, science-driven organization making a meaningful difference to patients worldwide.

Location and Work Model

Location: Sleepy Hollow, New York or Rensselaer, New York, United States
Work model: Onsite 4 days a week
Travel: Approximately once a month to other New York offices

Responsibilities

• Benefits Administration: Oversee day-to-day operations of employee benefits programs (health plans and additional benefits), ensuring timely enrollment, compliance, and accurate processing of transactions. Serve as the point of escalation for complex benefits issues and inquiries.
• Team Leadership: Lead, mentor, and manage a team of benefits specialists, providing coaching, training, and professional development opportunities. Foster a positive, inclusive team environment that encourages collaboration, innovation, and continuous improvement.
• Compliance and Reporting: Ensure compliance with federal, state, and local regulations (ACA, ERISA, COBRA, HIPAA). Oversee preparation and submission of required reports to regulatory agencies. Stay current on changing laws, advise leadership, and update policies and procedures as needed.
• Vendor Management: Manage relationships with benefits vendors and third-party administrators. Negotiate contracts, monitor service levels, and evaluate performance through regular meetings to improve the employee and administrator experience.
• Strategic Planning: Collaborate with HR leadership to design and implement benefits strategies aligned with organizational goals. Analyze data and trends to identify cost-saving and program-enhancement opportunities. Champion initiatives that promote employee well-being and engagement.
• Communication and Education: Develop clear communication materials and organize informational sessions, workshops, and open enrollment events. Educate employees on their benefits options and address inquiries directly.
• Cross-Functional Partnership: Collaborate with the Law Department and partner with the HR service center.

Requirements

• Bachelor’s degree in Human Resources, Business Administration, or a related field.
• Minimum of 10 years of experience in employee benefits management, including leading a team.
• Experience administering a self-insured health plan, including plan design and budgeting.
• Strong presentation skills, with the ability to create clear, professional presentations for diverse audiences.
• Ability to navigate and resolve complex benefit issues using foundational knowledge of legal requirements and previous experience.

Qualifications

• Certified Employee Benefits Specialist (CEBS) or similar credentials preferred.
• Strong knowledge of benefits laws and regulations.
• Exceptional leadership and team management abilities.
• Excellent communication, interpersonal, and problem-solving skills.
• Proficiency in HRIS systems, benefits-related software, Excel, and Microsoft Suite.

Pay

Salary Range (annually): $126,300.00 - $206,100.00