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Benefits Director

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Smith & Nephew

1mo ago

  • Job
    Full-time
    Expert Level
  • Consulting
    People, HR & Administration
  • Andover
  • Quick Apply

AI generated summary

  • You must have AMAC benefits leadership experience, strong retirement and healthcare plan knowledge, excellent analytical and communication skills, and the ability to build relationships across levels.
  • You will design and manage employee benefit programs, ensure compliance, oversee administration, communicate benefits clearly, collaborate with stakeholders, and lead a small team.

Requirements

  • Previous experience of leading benefits within the AMAC region and in designing and delivering effective benefit programs.
  • A strong technical knowledge of benefits with specific in-depth knowledge of retirement and healthcare plans as well as detailed knowledge of benefits in AMAC.
  • Ability to work at pace and prioritise workload to changing business needs with a consistent track record in driving high performance and continuous improvement.
  • Excellent analytical, written and verbal communication skills, with attention to detail and the ability to use logic and data to influence decision making.
  • Experience in building and maintaining strong working relationships with partners at different levels of the organization.

Responsibilities

  • In consultation with the Regional Total Reward and Wellbeing leaders as well as HR and business leaders, lead the design and delivery of benefit programs that consider the diverse group of employees needs across the AMAC region and meet business requirements.
  • Participate in design and ongoing updates of the Total Rewards strategy by providing insights and proactive advice and mentorship as it relates to employee benefits.
  • Provide advice and mentorship on the efficiency of existing benefit programs as well as emerging market trends in employee benefits, and where appropriate propose and implement design changes and improvements that will engage a multi-generational and diverse workforce and enhance S+Ns position as an employer of choice.
  • Ensure benefit programs in AMAC meet all vital local compliance and legal requirements and maintain minimum global benefit standards, policies, and procedures as appropriate.
  • Handle employee risk benefit insurance plans within AMAC including all policy renewals and broker vendor management as appropriate.
  • In conjunction with the Total Reward Engagement & Wellbeing Director develop an ongoing communication strategy ensuring benefits are well received, understood, and contribute to the employee value proposition.
  • Collaborate closely with multiple stakeholders to ensure that benefit communication materials are accessible, accurate and fully aligned with relevant regulations.
  • Develop and maintain regular reporting and executive management scorecards to improve the oversight of benefit plan utilization and costs as well as demonstrate return on investment.
  • Deliver annual benefit enrolment processes that are on time, accurate, compliant, well communicated, and provide a positive employee experience.
  • In collaboration with the HR Technology team ensure that all employee benefit processes are automated, operate effectively, and periodically reviewed as part of a process of continuous improvement.
  • Ensure that the Global Business Service (GBS) teams are equipped to perform benefits administration support and act as the first point of contact for employee needs and concerns. In addition, ensure there is an appropriate escalation process for more sophisticated queries.
  • Oversee the benefit administration services provided by GBS and ensure that services are fully compliant and delivered within operating level agreements.
  • Provide ongoing monitoring of regulatory changes that affect benefits and ensure that relevant Reward and GBS team members are updated.
  • Lead external vendor relationships, including supervising service level agreements.
  • Oversee and lead benefit fiduciary committees where appropriate.
  • Run and oversee a small team (2) of benefit specialists.

FAQs

What is the main responsibility of the Benefits Director?

The main responsibility of the Benefits Director is to deliver the benefits strategy within the Americas region, ensuring it aligns with the overall reward strategy, business strategy, and organizational culture and values.

What types of benefit programs will the Benefits Director oversee?

The Benefits Director will oversee healthcare, retirement, and other regional and local benefit programs.

Who will the Benefits Director report to?

The Benefits Director will report to the SVP Head of Global Reward.

What experience is required for the Benefits Director position?

Previous experience of leading benefits within the AMAC region and in designing and delivering effective benefit programs is required.

What skills are necessary for success in this role?

Necessary skills include a strong technical knowledge of benefits, excellent analytical, written, and verbal communication skills, and the ability to build and maintain strong relationships with stakeholders at different organizational levels.

How will the Benefits Director ensure compliance with local laws and regulations?

The Benefits Director will ensure that benefit programs meet all local compliance and legal requirements and maintain minimum global benefit standards, policies, and procedures.

What collaborative efforts will the Benefits Director be involved in?

The Benefits Director will collaborate closely with HR services, the Total Reward leader, and other stakeholders to deliver effective benefit programs and communication strategies.

What will be the scope of the Benefits Director's responsibilities?

The scope includes oversight and management of employee benefit programs within the AMAC region, including healthcare, retirement, and other employee risk benefit insurances.

Does the position involve managing a team?

Yes, the Benefits Director will oversee and lead a small team of two benefit specialists.

What kind of work-life balance does Smith+Nephew offer?

Smith+Nephew offers flexible personal/vacation time off, paid holidays, flex holidays, and a paid community service day to promote work-life balance.

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Smith & Nephew

We design and manufacture technology that takes the limits off living.

Manufacturing & Electronics
Industry
10,001+
Employees
1856
Founded Year

Mission & Purpose

Smith+Nephew is a global medical technology company. We design and manufacture technology that takes the limits off living. We support healthcare professionals to return their patients to health and mobility, helping them to perform at their fullest potential. From our first employee and founder, T.J. Smith, to our team today, it’s our people who make Smith+Nephew a unique place. Yes, we love to innovate and develop exciting technologies, and we offer competitive salaries and progressive benefits. But it’s our culture - of Care, Collaboration and Courage - that really sets us apart. Through a spirit of ownership and can-do attitude, we work together to win.. We’re a company of people who care about each other, about our customers and their patients, and about our communities. Together, we fulfill our shared purpose of Life Unlimited. Please note: not all products referred to may be approved for use or available in all markets.