Director Benefits Strategy & Planning

LeadershipHybrid Remote, Poughkeepsie, New York


Description

Position at Nuvance Health

Summary
The Director Benefits Strategy and Planning will be responsible for the design, plan, and implementation all employee benefits programs, policies and procedures for the Nuvance Health system. Ensures programs are competitive in the marketplace, innovative and reflective of best practices, provide value to employees, are aligned with strategic imperatives of the organization,
and are compliant and cost effective.  Span of control includes direct system-wide benefits programs, including Health and Welfare plans and retirement plans, while leveraging other total rewards programs.


Responsibilities

  • Develops and implements benefits programs including health, life, disability, defined benefit (DB) and defined contribution (DC) pension plans
  • Consults with HR and talent acquisition business partners on benefits-related matters.
  • Counsels leaders on benefits eligibility, practices, and policy interpretations.
  • Selects and manages consultant/vendor relationships.
  • Guide decision-making process regarding plan offerings and plan design,
    by providing detailed analysis/models, innovative recommendations, and actionable expert advice.
  • Oversees annual enrollment and retirement plan process; ensures effective communication and execution strategy for associates as well as implementation partners
  •  Directs the work and development of team members.
  • Coaches direct reports and others in sphere of influence.
  • Provides specific, meaningful performance feedback and complete appraisal processes in a timely manner
  • Develops annual system-wide operating budget, as well as department budget in conjunction with Head of Total Rewards.
  • Leads and participates in cross-functional teams driving solutions impacting employee benefits, retirement plans and system financials including mergers and acquisitions, integration, and system-wide initiatives.
  • Evaluates benefits protocol and processes for efficiencies, streamlining and continuous improvement opportunities.
  • Ensures accurate reporting and compliance with all applicable laws and regulations regarding benefits.
  • Keeps abreast of legislative changes and anticipate impact on hospital system. Proactively communicates and advises senior leadership of potential implications and recommend mitigation strategies.
  • Monitors plan effectiveness regularly (monthly, quarterly, annually and year over year); recommends changes to optimize spend.
  • Analyzes current plans, evaluate plan experience and competitive trends, and identify the system’s position, bringing awareness to leadership for action.
  • Models and maintains Nuvance Health values.
  • Performs other duties as required.

Education Skills Experience

  • Requires a minimum formal education of a bachelor's degree in a related area or equivalent experience gained through a combination of education and work experience; and 8 to 10 years of progressive, related experience in the field.
  •  3 to 5 years of management/leadership experience.
  • Healthcare experience preferred.
  • Strong analytical and problem solving capabilities.
  • Excellent verbal and written communication/presentation skills.
  • Strong customer focus.
  • Certified Employee Benefits Specialist (CEBS) certification preferred.
  • Advanced degree in Human Resources, Business Management
    or other related field preferred.

Company: Nuvance Health

Org Unit: 1788

Department: Total Rewards

Exempt: Yes

Salary Range: $67.86 - $126.03 Hourly