The bank for a changing world

We are looking for

Director - Head of Benefits

Apply REF: HUM000310

·         Lead US healthcare strategy in wake of the evolving marketplace accelerated by healthcare reform

·         Administration of the health and welfare plans - health, life, dental, disability, wellness and paid time- working closely with internal partners and external vendors

·         Partners with external vendors and consultants relationships, working with ERISA counsel and internal consultants on plan compliance, regulatory changes, individual and global benefits issues

·         Evaluates and compares existing company benefits with those of other employers by analyzing other plans, surveys, and other sources of information. Plans, develops, and/or participates in area and industry surveys. Analyzes results of surveys and develops specific recommendations for review by management.

·         Leads a group of internal partners and external vendors to assist in development and delivery of participant education including written materials, webinars and classroom style training related to health & welfare and wellness programs

·         Leads and participates in multiple assigned projects related to health & welfare and wellness programs, including open enrollment, vendor implementations, wellness events and system upgrades

·         Prepares, reviews and delivers analytical and financial reporting, cost analysis, benefits reconciliation and statistical reports

·         Interfaces with internal Human Resources, HR Communications, Compensation, HRIS and Finance departments

·         Sets the health and welfare department calendar assuring proactive rather than reactive compliance with all deadlines for open enrollment, health care reform and other health & welfare regulations

·         Maintains health & welfare plan processes, assists in eliminating inefficiencies, assuring maximum utilization of HRIS system and documentation of all processes to help ensure efficient and proper administration of programs

·         Leads our response to both internal and external audits and regulatory reporting compliance, including group insurance 5500, Summary Annual Reports, HIPAA Compliance and other required filings state quarterly filings.

·         Supervises the preparation and submission of government-mandated reporting




·         Bachelor's degree

·         A minimum of 10 years’ experience in employee benefits, with in-depth knowledge of benefit programs, policies and regulations.

·         Prior experience with open enrollment, and compiling analytical data and reports.

·         Experience with HRIS, payroll, and online benefit enrollment systems and knowledge of HR concepts, practices and procedures.

·         Advanced Excel skills

·         Excellent communication, interpersonal, organizational and project management skills

·         Ability to perform well under pressure in a fast paced environment

·         Ability to work autonomously, while recognizing team oriented goals

        -        Ability to multi task, detail oriented, resourceful
Primary Location: US-NJ-Jersey CityJob Type: Standard / PermanentJob: HUMAN RESOURCESEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 10 yearsSchedule: Full-time Behavioural competency: Ability to collaborate / TeamworkTransversal competency: Analytical Ability