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Benefits Director

Location: Chicago, IL, United States
Date Posted: Jan 24, 2024

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Description

About A&M

Alvarez & Marsal is a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services.  With almost 9,000 professionals based in 70+ locations across North America, Europe, Asia, and Latin America, our firm excels in problem solving and value creation.  Drawing on a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.
 

Position Overview
We are seeking a Benefits Director to join our Human Resources department in Tampa, FL. This role is responsible for directing the design, development, implementation, administration, and communication of all U.S. and Canada self-insured benefit programs and ensuring legal compliance. This person is also responsible for researching new and/or improved cost-effective employee benefit plans that support the company’s needs and business objectives. This position reports directly to the Chief Human Resources Officer.
 
Responsibilities:

  • Manage benefits personnel consisting of several team members across the U.S.
  • Maintain working knowledge of various government requirements, programs and mandates and analyze impact on design and administration.
  • Recommends plan design changes based on industry trends, corporate strategy, and the changing regulatory environment.
  • Oversee the preparation of all governmental compliance reporting, i.e., 5500s, 1094/1095s, etc.
  • Develops and maintains relationships with all benefits consultants, brokers, and vendor partners.
  • Manage benefit plan vendors and third-party providers to ensure optimal service delivery at most efficient cost for employees and/or A&M.
  • Support identification and management of selection of vendors; assist with vendor negotiations and contract development.
  • Manage strategic initiatives, design, compliance and administration of 401k and retirement programs
  • Track benefits spend, analyze trends, and ensure proper inputs for annual budgeting process.
  • Lead the team on all facets of annual benefits open enrollment process.
  • Develops and maintains overall benefits communication strategy working with internal marketing resources to create new hire orientation materials, ongoing employee communications, annual enrollment communications, etc.
  • Administers and maintains an effective wellness strategy for the company through programs and initiatives intended to benefit the health and well-being of employees.
  • Back up and support all other benefit program administration as needed.


Qualifications:

  • 10+ years benefits experience preferred.
  • Minimum of 5 years of experience coaching, developing, and leading a team
  • Bachelor’s degree in related field.
  • Experience and understanding of a self-insured funding model for health and welfare plans.
  • Proven success at developing, designing, implementing, and managing benefit programs.
  • Strong customer/employee and vendor relations skills.
  • Excellent verbal and written communication skills.
  • Ability to think strategically and operationalize/act tactically.
  • Must be self-motivated, adaptable, and resilient.
  • Ability to build and maintain strong working relationships with Payroll, Finance, HRIS and HR contacts.
  • CEBS certification a plus
  • Workday experience desirable

The salary range is $170,000 - $180,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance.  Please ask your recruiter for details.

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Diversity & Inclusion

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

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