What are the responsibilities and job description for the Sr Benefits Manager - Health Care position at GEICO?
Primary Responsibilities
- Leads key health care vendor relationships and manages day-to-day operational activities including contracting, service delivery and performance management.
- Leads annual renewal activities and negotiations for self-funded and fully insured vendors to ensure market-competitive financial terms and services.
- Regularly reviews health care program utilization and claims experience to monitor plan financial performance and identify emerging cost drivers and trends.
- Provides plan design recommendations to leadership based on understanding of plan performance and market benchmarks / best practices.
- Includes comprehensive analysis of plan financial / member impact and business case development.
- Supports multi-year forecasting of self-funded and fully insured health care program costs in alignment with the Long-Range Planning process.
- Supports annual budget and contribution setting analysis.
- Assists in the development and analysis of vendor Requests for Proposal (RFPs), as needed.
- Develops close working relationships with key People Group and business stakeholders to proactively ensures that benefit offerings align with business needs.
Minimum Requirements :
LI-EW1
Annual Salary
97,375.00 - $172,200.00
The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate / annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate's work experience, education and training, the work location as well as market and business considerations.
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.
Benefits :
As an Associate, you'll enjoy our Total Rewards Program
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and / or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
Salary : $97,375 - $172,200
