Apply on Employer Site

Nuvance Health · 4 months ago

Director Benefits Strategy & Planning

Poughkeepsie, NY

Full-time

Onsite

Director/Executive

$67.86/hr - $126.03/hr

8+ years exp

Nuvance Health is seeking a Director Benefits Strategy and Planning who will be responsible for the design, planning, and implementation of all employee benefits programs and policies. This role ensures that benefits programs are competitive, innovative, compliant, and aligned with the organization's strategic goals while overseeing health and welfare plans and retirement plans.

Health CareHospitalMedical

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