Employee Benefits Director | Prudential Financial | Newark, NJ
Prudential Financial companies serve individual and institutional
customers worldwide and include The Prudential Insurance Company of
America, one of the largest life insurance companies in the United
States. These companies offer a variety of products and services,
including life insurance, mutual funds, annuities, pension and
retirement-related services and administration, asset management,
banking and trust services, real estate brokerage franchises, relocation
services and, through a joint venture, retail securities brokerage
services. For more information, visit http://www.prudential.com.
The Director, Employee Benefits (Health & Welfare) is responsible for
day-to-day management, pricing, measurement, communication and
compliance of innovative benefits programs for active employees,
retirees and LTDs. Products include all health & welfare programs, with
a specific focus on life and accident insurance, disability, FMLA,
workers' compensation and long term care.
Primary Responsibilities:
- Taking the lead on implementation of new products, new vendors, and
other initiatives. Includes:
- Acting as plan expert for design and implementation discussions
- Overseeing communications roll-out
- Developing new initiatives for quality and process improvement with
the vendors for their products
- Developing performance measurements and tracking performance
- Overseeing the annual renewal process, which includes pricing
discussions and contribution strategy
- Participating in vendor management activities, which includes:
- Participating in regularly scheduled meetings and conference calls
- Providing feedback to vendors, both informally (in
discussions/e-mails) and formally
- Evaluating vendor performance via the monitoring of quarterly metrics
- Maintaining contracts and plan documents. This includes working with
outside counsel to amend or re-state the Welfare and Flexible Benefits
Plans
- Handling day-to-day compliance requirements for the programs
- Developing communications to comply with federal and/or state
regulations for employee/HRC education
- Acting as a consultant to the Benefits Call Center
- Being a member of the Health & Welfare Appeals Committee
- Ownership and oversight over the Paid Time Off/Attendance Tracking
system.
- Supporting Merger & Acquisition activity, includes up-front analysis
and preparation as well as presentations to affected employees
Required Skills & Experience
- 5+ years of Benefits experience in a large organization
- Strong strategic partnering skills
- Excellent project management skills
- Strong written communication skills
- Bachelor's degree required
Prudential is an Equal Opportunity/Affirmative Action Employer and is
committed to diversity in its workforce.
To apply for this position, please copy and paste the following link
into your browser address bar:
http://prudential.contacthr.com/10600174
or submit your resume and salary requirements through our homepage at
https://jobs.prudential.com/apply_online_1.asp?jobid=1215799
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