What are the responsibilities and job description for the Benefits Director position at HRDelivered?
Job Description
Job Description
HRDelivered is seeking a dynamic and strategic Benefits Director to lead the development and execution of comprehensive benefits programs. This role will focus on vendor management, benefits strategy, and cost-effective plan design to align with overall business objectives while supporting a diverse client base. The ideal candidate will have extensive experience in negotiating vendor contracts, optimizing benefits offerings, and implementing risk management strategies to drive business profitability and ensure compliance across multiple jurisdictions.
Key Responsibilities :
- Vendor Management : Oversee relationships with benefits providers, brokers, and third-party administrators to ensure cost-effective, high-quality service for clients. Negotiate contracts and performance guarantees to maximize value while managing risk and ensuring regulatory compliance.
- Business Benefit Strategies : Develop and implement scalable benefits strategies that align with the PEO’s business goals, focusing on financial sustainability, workforce needs, and maintaining a competitive edge for clients.
- Plan Strategy & Optimization : Analyze benefits utilization, industry trends, and cost drivers to recommend plan design changes that enhance efficiency, control costs, and improve employee engagement across multiple client groups.
- Business Profitability & Cost Containment : Drive financial performance by evaluating and implementing benefits programs that optimize costs, improve retention, and enhance employee productivity for both the PEO and its clients. Identify opportunities for cost savings without sacrificing plan quality.
- Risk Management & Compliance : Ensure benefits programs comply with all federal, state, and local regulations, including ERISA, ACA, COBRA, and HIPAA. Develop proactive risk management strategies to minimize financial exposure and ensure compliance across diverse client industries.
- Executive Reporting & Decision Support : Provide senior leadership with insights and recommendations on benefits performance, financial impact, and emerging trends. Prepare detailed reports and analysis to support strategic decision-making.
- Employee & Client Communication & Engagement : Design and implement communication strategies that educate worksite employees and client companies on benefits options, improve participation, and enhance overall satisfaction.
- Leadership & Collaboration : Lead a team of benefits professionals, fostering a culture of continuous improvement and strategic thinking. Collaborate with HR, finance, legal, and operations teams to ensure alignment of benefits strategies with business objectives and client needs.
Qualifications :
This is an exciting opportunity for a forward-thinking benefits leader who can drive strategic benefits initiatives, manage vendor relationships effectively, and enhance business profitability through innovative plan design and risk mitigation. If you are passionate about aligning benefits strategies with business success in a PEO environment, we encourage you to apply
Salary :
120,000.00 - $150,000.00
Salary : $120,000 - $150,000