Director of Benefits

The Director of Benefits is responsible for designing, implementing, and managing the organization’s comprehensive benefits programs to support employee well-being and align with business objectives. This role serves as a strategic partner to executive leadership, ensuring the benefits strategy enhances the organization’s ability to attract and retain top talent. The Director will oversee health and welfare plans, retirement programs, wellness initiatives, and compliance with all regulatory requirements.

Key Responsibilities:

• Benefits Strategy & Design: Develop and implement a competitive benefits strategy that supports the company’s goals and meets the diverse needs of the workforce. Ensure alignment with industry best practices and cost-effective management.
• Health & Welfare Plans: Manage the organization’s health insurance, dental, vision, life, and disability plans. Evaluate plan performance and recommend changes to optimize employee value and cost-effectiveness.
• Retirement Programs: Oversee retirement plans, including 401(k) or pension programs. Ensure compliance with regulatory requirements and provide guidance on plan design and improvements.
• Wellness Programs: Lead the development and promotion of wellness initiatives to enhance employee health and engagement, including mental health support, fitness programs, and financial wellness education.
• Vendor Management: Manage relationships with benefits vendors, brokers, and consultants. Ensure high-quality service delivery, negotiate contracts, and monitor performance.
• Compliance & Risk Management: Ensure all benefits programs comply with local, state, and federal regulations, including ERISA, ACA, HIPAA, and COBRA. Prepare and file all required reports and documentation.
• Benefits Communication: Develop and execute communication strategies to ensure employees understand and maximize their benefits. Provide resources, training, and tools for employees to make informed decisions.
• Open Enrollment: Plan and manage the annual open enrollment process, including communication, system updates, and employee support.
• Data & Analytics: Use data-driven insights to evaluate program effectiveness, track utilization, and make recommendations for enhancements. Provide regular reporting to leadership on benefits metrics and costs.
• Stakeholder Collaboration: Partner with HR leadership, Finance, and other stakeholders to ensure benefits strategies are integrated with broader business and HR goals.
• Continuous Improvement: Stay informed about industry trends, emerging benefits technologies, and legislative changes to continually enhance the organization’s benefits offerings.

Qualifications:

• Bachelor’s degree in Human Resources, Business Administration, or a related field (Master’s preferred).
• 10 years of progressive experience in benefits management, with at least 5 years in a leadership role.
• Previous experience in Manufacturing
• Strong knowledge of health and welfare plans, retirement programs, and benefits compliance requirements.
• Proven experience in managing vendor relationships and negotiating contracts.
• Excellent analytical and problem-solving skills, with the ability to use data to drive decisions.
• Strong communication and presentation skills, with the ability to clearly articulate complex benefits information.
• Demonstrated ability to lead and influence cross-functional teams.

Preferred Certifications:

• Certified Employee Benefits Specialist (CEBS) or other relevant certifications.