Sr Director - Benefits
DiversityJobs, Reston, VA, United States
Verisign helps enable the security, stability, and resiliency of the internet. We are a trusted provider of internet infrastructure services for the networked world and deliver unmatched performance in domain name system (DNS) services.
We are a mission focused, values driven company where each individual can contribute to building a stronger, more secure internet. We offer a dynamic and flexible work environment with competitive benefits and the ability to grow your career. This position is based in our Reston, VA office and offers a hybrid work schedule.
Reporting to the SVP, HR & CHRO, the Sr Director of Benefits will take a broad, strategic and hands-on approach to managing robust benefits programs that are intended to meet the diverse needs of our workforce.
Primary Responsibilities:
Responsible for design, delivery and administration of self-funded domestic and international benefit plans to include medical, pharmacy, dental, life and disability programs
Ensures compliance (HIPAA, ERISA, COBRA and other privacy regulations), leads the preparation of appropriate documents and filings as required (i.e. 5500s, SPDs, Annual notices, etc.) and reviews and maintains benefit plan documents (SPDs, Summary of Coverage, etc.)
Reviews vendor contracts to ensure effective and appropriate terms are in place
Leads key benefits initiatives and process enhancements, serving as key escalation point for complex benefit plan issues
Oversees benefit communication efforts to effectively convey the value and significance
Collaborates with and builds strong relationships with all vendor contacts, outside benefits consultants, auditors and brokers and serves as key liaison with internal stakeholders
Closely monitors vendor performance through measurement and regular check-ins; develops a deep understanding of contract documents to ensure compliance
Continually evaluates existing programs using competitive data, industry trends and cost analysis; performs market benchmarking to ensure competitiveness of plan designs; makes recommendations for enhancements or improvements
Education and Experience:
12+ years of progressively more responsible experience with broad spectrum of domestic and international Benefit Programs that includes hands-on experience reviewing contracts for self-funded plans including pharmacy plans
Vendor experience, clinical experience, and/or CEBS certification preferred
Bachelor's degree or equivalent work experience
At least four years' supervisory experience
Skills:
Strong analytical skills and a thorough knowledge of self-funded plans
Excellent communication skills
Computer proficiency and technical competence with Microsoft products, HRIS systems and Benefits databases
Ability to develop, understand and evaluate benefit proposals (RFPs)
Knowledge of key benefits contract language
Knowledge of federal and state regulations, filing and compliance requirements
Excellent project management and time management skills to be able to balance multiple projects and shifting priorities
The pay range is $199,100 - $269,300.
The anticipated annual base salary range for this position is noted above, however, base pay offered may vary depending on job-related knowledge, skills, experience. Verisign offers a discretionary bonus which is based on individual and company performance, and certain roles may be eligible for discretionary stock awards. Verisign is an equal opportunity employer. That means we recruit, hire, compensate, train, promote, transfer, and administer all terms and conditions of employment without regard to their race, color, religion, national origin, sex, sexual orientation, gender identity, age, protected veteran status, disability, or other protected categories under applicable law.
Additional Information: Our Careers Page Our Benefits Summary Verisign in the Community Our EEO Statement Our Privacy Notice for Job Applicants/Candidates Reasonable Accommodations
Staffing agency policy: No fees will be paid for unsolicited resumes submitted to Verisign or our employees by third parties.
We are a mission focused, values driven company where each individual can contribute to building a stronger, more secure internet. We offer a dynamic and flexible work environment with competitive benefits and the ability to grow your career. This position is based in our Reston, VA office and offers a hybrid work schedule.
Reporting to the SVP, HR & CHRO, the Sr Director of Benefits will take a broad, strategic and hands-on approach to managing robust benefits programs that are intended to meet the diverse needs of our workforce.
Primary Responsibilities:
Responsible for design, delivery and administration of self-funded domestic and international benefit plans to include medical, pharmacy, dental, life and disability programs
Ensures compliance (HIPAA, ERISA, COBRA and other privacy regulations), leads the preparation of appropriate documents and filings as required (i.e. 5500s, SPDs, Annual notices, etc.) and reviews and maintains benefit plan documents (SPDs, Summary of Coverage, etc.)
Reviews vendor contracts to ensure effective and appropriate terms are in place
Leads key benefits initiatives and process enhancements, serving as key escalation point for complex benefit plan issues
Oversees benefit communication efforts to effectively convey the value and significance
Collaborates with and builds strong relationships with all vendor contacts, outside benefits consultants, auditors and brokers and serves as key liaison with internal stakeholders
Closely monitors vendor performance through measurement and regular check-ins; develops a deep understanding of contract documents to ensure compliance
Continually evaluates existing programs using competitive data, industry trends and cost analysis; performs market benchmarking to ensure competitiveness of plan designs; makes recommendations for enhancements or improvements
Education and Experience:
12+ years of progressively more responsible experience with broad spectrum of domestic and international Benefit Programs that includes hands-on experience reviewing contracts for self-funded plans including pharmacy plans
Vendor experience, clinical experience, and/or CEBS certification preferred
Bachelor's degree or equivalent work experience
At least four years' supervisory experience
Skills:
Strong analytical skills and a thorough knowledge of self-funded plans
Excellent communication skills
Computer proficiency and technical competence with Microsoft products, HRIS systems and Benefits databases
Ability to develop, understand and evaluate benefit proposals (RFPs)
Knowledge of key benefits contract language
Knowledge of federal and state regulations, filing and compliance requirements
Excellent project management and time management skills to be able to balance multiple projects and shifting priorities
The pay range is $199,100 - $269,300.
The anticipated annual base salary range for this position is noted above, however, base pay offered may vary depending on job-related knowledge, skills, experience. Verisign offers a discretionary bonus which is based on individual and company performance, and certain roles may be eligible for discretionary stock awards. Verisign is an equal opportunity employer. That means we recruit, hire, compensate, train, promote, transfer, and administer all terms and conditions of employment without regard to their race, color, religion, national origin, sex, sexual orientation, gender identity, age, protected veteran status, disability, or other protected categories under applicable law.
Additional Information: Our Careers Page Our Benefits Summary Verisign in the Community Our EEO Statement Our Privacy Notice for Job Applicants/Candidates Reasonable Accommodations
Staffing agency policy: No fees will be paid for unsolicited resumes submitted to Verisign or our employees by third parties.