Senior Benefits Manager

Compensation Range: $160,000 - $200,000 

Position Summary

The Senior Manager of US Benefits will lead the strategic design, financial management, and operational execution of both Health & Welfare and Retirement programs for our approximately 2,500 US workforce. Managing a multi-million dollar budget for a $4B enterprise, this role will oversee our self-funded medical plans, direct-report a team of three specialists, and optimize our integration within SAP SuccessFactors and Businessolver to support a high-performing hybrid culture.

Key Responsibilities

People Leadership & Team Development

• Team Management: Lead, mentor, and develop a team of three Benefits Specialists, ensuring balanced workloads across health, welfare, and retirement workstreams.
• Operational Excellence: Establish clear performance metrics, service standards, and escalation pathways for the team to handle complex employee benefit inquiries.

Self-Funded Health & Welfare Strategy

• Financial Governance: Drive the financial performance and design of self-insured medical, dental, and prescription drug plans.
• Actuarial Modeling: Partner with consultants and actuaries to analyze monthly claims data, evaluate stop-loss coverage limits, and establish annual premium tier modeling.
• Vendor & TPA Management: Hold Third-Party Administrators (TPAs), Pharmacy Benefit Managers (PBMs), and brokers accountable to strict Service Level Agreements (SLAs).

Retirement Plan Oversight

• 401(k) Administration: Oversee the administration, governance, and compliance of the company’s defined contribution / 401(k) plan.
• Fiduciary Responsibility: Support the Retirement Committee, partner with investment advisors, monitor fund performance, and coordinate annual plan audits.

Systems, Systems Integration & Analytics

• Tech Stack Optimization: Act as the business owner for the integration between SAP SuccessFactors (core HRIS) and Businessolver (benefits administration platform) to ensure automated, error-free data flows.
• Data Auditing: Oversee routine file feed audits (834 files), payroll deduction mapping, and system configurations for life events and open enrollment.

Compliance, Leave & Risk Mitigation

• Regulatory Compliance: Ensure total regulatory alignment across ERISA, ACA, HIPAA, COBRA, and federal/state retirement laws.
• Mandatory Filings: Direct the timely preparation and execution of Form 5500 filings, non-discrimination testing, and ACA 1094-C/1095-C reporting.
• Absence Management: Oversee enterprise FMLA, short-term/long-term disability, and evolving state-paid family leave programs.

Required Qualifications

• Experience: 8+ years of progressive corporate benefits experience, including a minimum of 3 years leading an enterprise benefits function (5,000+ employees) and managing direct reports.
• Self-Funded & Retirement Expertise: Proven mastery of self-insured health plans alongside deep operational knowledge of defined contribution/401(k) plan mechanics.
• Technical Proficiency: Hands-on experience working with SAP SuccessFactors and Businessolver (or highly comparable enterprise-grade benefits enrollment software).
• Scale Capability: Background navigating large corporate structures ($1B+ in revenue) with an understanding of how US plans align with a global matrix.
• Education: Bachelor’s degree in Human Resources, Business, Finance, or a related field.
• Credentials: CEBS, Certified Employee Benefit Specialist, SHRM-SCP, or SPHR is highly preferred.