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Director of Benefits

ESCO Corporation


Location:
Portland, Oregon 97210
Date:
06/26/2017
2017-06-262017-07-26
Job Type:
Employee
Job Status:
Full Time
Shift:
1st Shift
Categories:
  • Benefits
ESCO Corporation
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Job Details

ESCO’s Director of Benefits is responsible for leading all benefit programs including health, welfare, wellness, pension, 401(k) plan and non-qualified retirement plans, ensuring alignment with ESCO’s global benefits strategy; leads the team responsible for the administration and management of ESCO’s health, welfare and retirement plans; and is responsible for the design, development, and implementation of an impactful yet cost-effective wellness program.

 

The Director of Benefits delivers communication strategies that enable key business leaders and employees to understand all aspects of ESCO’s Health and Welfare and Retirement (DC and DB) benefit plans and the key cost drivers, as well as leading the development of benefit-related policies, plans and practices for ESCO partnering closely with the Sr. Director of HR Services; advises business leaders regarding long-term benefit plan strategies and consolidation efforts integrated with operational financial goals and objectives; provides high-quality benefit program counsel, analysis and resources that enable ESCO to further the company’s access to the best benefit programs, competitive cost structures, and communication plans; works closely with benefit consultants and is responsible for knowing when to leverage consultants in a cost effective manner.  

Job Duties: 

  • Act as ESCO’s benefits expert regarding group benefits and retirement plans, and be the key advisor in all aspects of domestic and international benefits

  • Lead a team of Benefit Managers responsible for vendor management and administration of the employee benefits programs

  • Analyze and evaluate existing company benefits with market data; develop specifications for new plans or modify existing plans to maintain the company's competitive position in labor market

  • Develop company cost information for new plans and makes recommendations to management concerning cost sharing between employer and employee

  • Lead the RFP processes for all new programs and vendors; evaluate quotations and make recommendations to management

  • Participate in evaluation and implementation of new global benefit programs as needed

  • Coordinate fiduciary committee agenda working with plan consultants, actuaries, and the Sr. Director of HR Services as well as overseeing follow up on committee requested actions

  • Lead the overall benefit communication strategy and execution for all US and Canadian plans as well as global plans where needed

  • Oversee benefit plan documentation and required filings and communications, working with plan advisors and managers

  • Assure company compliance with all applicable state and federal laws and regulations

  • Supervise preparation of reports and applications required by law to be filed with federal and state agencies such as the Internal Revenue Service, Department of Labor, insurance commissioners, and other regulatory agencies

  • Develop, implement, and lead company wellness initiative

  • Develop new Employee Perks Program, overseeing implementation and ongoing management

Requirements

  • Bachelor’s degree required, ideally in Human Resources, Industrial & Labor Relations, Business, or a related field; advanced degree preferred

  • 7+ years successful benefits administration experience required

  • Requires minimum of 5 years successful leadership in a hands-on management capacity dealing with day to day benefit issues; some global benefit exposure preferred

  • Administrative experience with both defined benefit and defined contribution retirement plans is essential.

  • Must have hands on experience working with fiduciary committees and managing defined benefit retirement plans

  • Proficiency with MS Office (Outlook, Work, Excel, PowerPoint) required

  • Technical ability to learn and maneuver within different software applications required

  • Experience using an ERP system required; Oracle HRMS preferred

  • Must be permanently authorized to work in the U.S. without sponsorship

 Other Required Knowledge, Skills & Abilities:  

  • Comfort with actuarial concepts and strong analytical and accounting abilities

  • Experience dealing with all aspects of benefit plans and knowledge of benefit design

  • Well versed with benefit rules, regulations, and laws in the United States and Canada (Group and Retirement benefits); some knowledge of the same is desired on a global basis

  • Strong financial acumen regarding all aspects of self-funded plans including key cost drivers and developing targeted interventions

  • Proficiency conducting required business planning; ability to successfully manage complex negotiations with third party vendors, persuade all levels within the Corporation, and develop proposals to meet business needs

  • Able to make recommendations based on explicit and implied needs of ESCO’s business, and translate those needs into actionable opportunities that provide a bona-fide return and benefit to the business

  • Deep knowledge of contemporary practices and communication strategies around employee benefits in a large corporation; effective communication skills, including development and delivery of corporate-wide presentations and written materials

  • Able to analyze and solve complex problems, and be flexible in light of changing priorities and needs

  • Proven ability to continuously drive for results; can be counted on to achieve goals successfully 


ESCO offers competitive salary and comprehensive benefits, and prides itself on providing a quality workplace for all and promoting equal opportunities. 

 

Agencies – please DO NOT contact ESCO with unsolicited services or offers. Any unsolicited resumes received will be considered pro-bono.

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