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Veracity Solutions
Assistant Vice President, BenefitsVeracity Solutions • Brentwood, TN, United States
Assistant Vice President, Benefits

Assistant Vice President, Benefits

Veracity Solutions • Brentwood, TN, United States
3 days ago
Job type
  • Full-time
Job description

Assistant Vice President, Benefits

Brentwood, Tennessee

Full Time

The Assistant Vice President, Benefits is responsible for the leadership, strategy, design, implementation, and ongoing management of the company's employee benefits programs including healthcare, defined contribution retirement plans, time off, and wellbeing. Requires a deep understanding of benefits regulations, best practices, and a strategic approach to designing and delivering competitive and cost-effective benefits packages that attract, retain, and engage employees. Leads a team of benefits professionals to deliver innovative and sustainable benefits solutions that enable our broader talent strategy and business objectives, while driving operational excellence in the administration of our benefits programs.

Responsibilities:

  • Leads the development and execution of a comprehensive benefits strategy in all core benefit areas including health, vision, dental, life, disability, leave management, wellbeing, and retirement.
  • Manages relationships and monitors performance with external benefits vendors including consultants, brokers, insurance carriers, and third-party administrators.
  • Analyzes benefits data to identify trends, assess program effectiveness, monitor costs, and make data-driven recommendations for improvements. Collaborates with finance partners on overall cost management.
  • Scans and reviews marketplace trends, relevant regulations, and other factors in order to inform internal strategy for what may impact plan performance and program competitiveness.
  • Oversees the development and implementation of effective communication strategies to inform and educate employees about benefits programs and resources.
  • Provides expertise to internal stakeholders in technical areas of benefit policy and programs.
  • Works with health carriers and internal stakeholders to manage processes related to the medical plan domestic tier requirements.
  • Manages maintenance and updates for Employee Self-Service Benefit Portal for each plan year. Creates updates and improvements of the external benefit website.
  • Ensures all benefits programs comply with applicable local and regional laws and regulations. Maintains accurate and up-to-date records and documentation. Stays abreast of changes in legislation and regulatory requirements.

Education & Experience:

  • Bachelor's degree in human resources, Business Administration, Accounting or related field is required
  • Minimum of 10 years of human resources experience with emphasis on employee benefits design and administration
  • Experience building and improving workplace benefits policies and practices
  • Experience with mergers and acquisitions, Sarbanes-Oxley, and the ACA is required
  • Previous experience managing plans and vendor negotiations including evaluations of RFPs
  • Relevant certifications such as CEBS or CBP, preferred
  • Experience with Lawson, preferred

Knowledge, Skills & Abilities:

  • Demonstrated success in designing and implementing innovative benefit programs that had positive impact on business results.
  • Knowledge of accounting and actuarial principles associated with financial reporting of benefit programs.
  • Strong command of Excel and ability to provide data analysis.
  • Innovative problem-solving skills.
  • Ability to work in a fast-paced environment.
  • Flexible, resilient, and agile. Capable of handling unexpected challenges.
  • Positive attitude, professional demeanor, and consultative approach.
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Assistant Vice President, Benefits • Brentwood, TN, United States

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