Director of Total Rewards

Location

Indianapolis, IN | United States

Job description

Primary Purpose

The Director of Total Rewards is the leader of health strategy, well-being (including physical, emotional, and financial), and retirement strategies and programs for Heritage. This role works closely with key stakeholders and partners to develop and execute health, well-being, and retirement strategies and programs to support our population and elevate the overall employee experience.

This role is newly created within the organization to oversee and launch the start-up of a benefits platform for an established business and employee population. Additionally, this role will oversee the payroll function as it relates to the management of their team and Total Rewards for the employee.

This position is located at our Indianapolis office, with a hybrid work atmosphere.

Essential Functions and Requirements

• Ensures Health & Safety is the number one goal by following policies, processes, and acting in a safe manner at all times.
• Selection in developing the start-up programs for benefits at the onset of the role with future designs and redesigns of offerings as needed. The goal is to offer a comprehensive platform for a growing business.
• Directs the implementation of innovative health, well-being, and retirement benefits and programs.
• Aligns health, well-being, and retirement strategies with the organizations purpose, values, and business goals to improve overall workforce health and business productivity.
• Contributes toward progress on the total rewards strategy as it relates to benefits and well-being and ensures alignment with the overall total rewards strategy.
• Key contributor to a HCM system build-out for benefit business processes and regulatory requirements
• Builds stakeholder support via relationships, transparency, and personal credibility.
• Responsible for the company Benefit committee for both health and wellness benefits and retirement.
• Uses data analysis to identify trends and opportunities to develop innovative new plan designs, contribution strategies, and retirement programs.
• Uses measurement tools to surface opportunities in services, quality, and cost-effectiveness.
• Makes recommendations for changes to strategy, programs, processes, etc.
• Participates in due diligence of mergers and acquisitions related to health, well-being, and retirement programs. Assists with business acquisition diligence and integration teams in transitioning from acquisition's existing programs to company delivered programs.
• Assist compliance and regulatory managers as needed in policy development and implementation.
• Maintains membership in business networking groups to gain market intelligence on benefit plans, labor relations, and human resources policies.
• Oversees and maintains benefit, well-being, and retirement vendor relationships and negotiation of contracts.
• Shares technical expertise and coaches others.
• Exhibits behaviors in alignment with the company culture and values.
• Incorporates total rewards strategy into current state, offerings of tools and vendors; identifies opportunities and action items to improve outcomes consistent with strategy.
• Plans the administration of benefits programs, including business case development for new programs or strategy changes.
• Defines audit needs to ensure accuracy and compliance.
• Regularly and systematically reports the results of the companies benefit programs to the benefit committee.
• Manages the vendors of the nearside clinics for service delivery and value.
• Maintains strong benefit broker/advisor relationships.
• Works with broker and actuaries to develop annual VEBA budget, including contribution rates for employees and companies.
• Manages the VEBA to approved budget.
• Sets expectations for efficiency and quality of processes and procedures.
• Develops measurement strategy including KPIs and quality.
• Leads an environment of continuous improvement.

Heritage believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this position description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent nor the company to just the work identified. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

Education: Bachelor's degree in human resources, finance, or related field required.

Experience: Minimum 8 years of working experience in employee health, wellness, and retirement benefits, including design and implementation required. Minimum 5 years of related experience in an HR leadership role required. Expertise in applicable laws, including federal, state, and local regulations, and ACA compliance understanding and reporting requirements required. Certified Benefits Professional (CBP) and CEBS certification highly desired. Payroll and ACA Management experience preferred.

Knowledge and Abilities: Strong strategic thinking to develop long-term programs that align with the company goals and objectives. Comfortable with the time investment in proactive strategic relationship-building efforts and stakeholder management. Strong leadership and team management skills required. Strong interpersonal skills to build relationships with employees, leaderships and external vendors. Excellent time management and ability to plan and set priorities, as well as excellent verbal and written communication, and negotiation. Strong Proficiency in data analysis and ability to interpret and the data to make informed decisions for program design and management. Ability to create deep trust and maintain confidentiality with the highest degree of integrity. Commitment to continuous learning, for best practice, and emerging technologies.

A post offer drug screen will be required.

EEO including disability/veteran

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Salary