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Manager, Healthcare Benefits

Navy Federal Credit Union
United States, Virginia, Vienna
Nov 05, 2024

Overview

To lead and manage Navy Federal's employee healthcare benefit programs including a team of high-level individual contributors focused on strategy and plan design. Implement strategies by establishing operational objectives, policies and plans and leverage knowledge of benefits administration, regulatory compliance, and employee engagement to ensure the delivery of high-quality, cost-effective benefits solutions that meet the needs of a diverse workforce.

Responsibilities

* Develop, implement and manage functions and operations supporting Navy Federal's healthcare benefit programs, including health, dental and vision
* Guide the implementation of benefits policies, procedures, and practices which optimize costs, maintain external competitiveness, and meet organizational goals
* Ensure enterprise compliance with all federal, state, and local regulations affecting employee benefits, staying current with changes in the law
* Manage relationships with benefits vendors, brokers, and consultants to secure competitive rates and services; establish SLAs and monitor vendor performance
* Participate in contract negotiations to ensure that benefits programs and vendors align with departmental and enterprise strategic goals
* Collaborate with senior HR leadership to forecast benefits costs and analyze the financial impact of current and proposed benefits programs
* Partner with the HR Shared Services Center on the administration of healthcare programs to identify trends and proactively address issues; provide direction and guidance on escalated requests and/or program changes
* Evaluate and report on the effectiveness of benefit programs, making recommendations for improvements
* Guide the development and implementation of employee education and communication regarding benefit offerings and changes
* Perform supervisory/managerial responsibilities
- Ensure adequate/skilled staffing; select employees
- Establish performance goals and priorities
- Prepare, conduct, and review performance appraisals
- Develop, mentor and counsel staff
- Provide input and/or prepare budget requirements for Annual Financial Plan (AFP)
- Ensure section/branch goals and objectives align with division/department strategy
- Ensure efficiency of operations
* Perform other duties as assigned

Qualifications

* Bachelor's Degree in Human Resources, or related field, or the equivalent combination of experience, education, and training
* Experience leading an employee benefits function to include design, administration, and communication of employee benefit plans, preferably for a large organization
* Advanced knowledge of various health benefit plans
* Advanced knowledge of, and ability to interpret/apply, benefits related laws and regulations
* Significant experience in budget forecasting and cost benefit analysis
* Significant experience in leading large projects/initiatives which have business risk and impact
* Ability to deal tactfully with all levels of the work force and management
* Advanced skill managing multiple priorities in a team environment to achieve goals
* Expert skill working with diverse internal and external contacts
* Expert skill building effective relationships through rapport, trust, diplomacy, and tact
* Expert skill to influence, negotiate and persuade others to reach agreeable exchange and positive outcomes
* Expert research, analytical, and problem-solving skills
* Expert ability to compile, organize and present information clearly and concisely
* Advanced verbal and written communication skills

Desired Qualifications

* Advanced knowledge of Navy Federal's functions, philosophy, operations and organizational objectives
* Master's degree in Human Resources Management, or related field
* Extensive experience in leading a Human Resources operation supporting a large financial institution or corporation

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Drive Pensacola, FL 32526 | 141 Security Drive Winchester, VA 22602

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. * Best Companies for Latinos to Work for 2024 * Computerworld Best Places to Work in IT * Forbes 2024 America's Best Large Employers * Forbes 2023 The Best Employers for New Grads * Fortune Best Workplaces for Millennials 2023 * Fortune Best Workplaces for Women 2023 * Fortune 100 Best Companies to Work For 2024 * Military Times 2023 Best for Vets Employers * Newsweek Most Loved Workplaces * Ripplematch Campus Forward Award - Excellence in Early Career Hiring * Yello and WayUp Top 100 Internship Programs From Fortune. 2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union. Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process. Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
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