Job details
Job type full-time
Full job description
What’s a career like at bae systems? remarkableBae seeks a director of benefits adminstration and operations, who will manage the short and long-term strategic direction, administration, and operation of health and welfare benefit plans for active and retired employees of bae systems incThe director will be responsible for the following key activities:
Strategy and implementation
In conjunction with outside health benefit consultants and actuaries, annually review and recommend changes to the health and welfare plan designs to ensure benefits remain competitive yet affordable.
Socialize changes with key sector stakeholders and manage the multi-step approval process.
Operationalize and implement the strategy.
Vendor management
Identify and manage vendors to administer various benefit programs to include conducting rfps, selecting vendors, supporting contract negotiations, establishing performance metrics, auditing claims/processes and scheduling operational reviews.
Manage a key third party administrator (tpa) for health and welfare administration which is responsible for enrolling and terminating coverage, passing eligibility for approximately 20 vendors, calculating and paying carriers/vendors and ensuring compliance with various erisa requirements such as qualified family status changes, cobra administration and aca reporting.
As the tpa is the face of benefits for employees, the director ensures service levels, communications and process flows mimic internal systems to ensure a seamless experience.
Compliance
Ensure plans, benefit operations, and financial checks are in place and meet the regulations and expectations of financial auditors, defense department auditors, irs, and the department of labor (dol).
Serve as the company`s hipaa privacy officer and advisor to the administrative committee.
Understand and manage requirements for dcma and other governing bodies.
Non-routine problem solving
Determine if a problem exits then develop potential solutions and estimate time/costs for contracting and implementation.
Present findings and make recommendations.
Take on sector or inc leadership initiatives or research when asked.
Communications
Write, edit or review all benefit communications including external website, third party administrator communications, carrier guides or company-initiated communications.
Benefit plan oversight
Review, and when appropriate, approve proposed plan changes recommended by staff and carriers to update coverage or improve administration.
Stay on top of trends and legislative proposals and determine impact to employees, plans, and costs.
Other responsibilities:
Directs the overall design, implementation, communication and administration of the health and welfare plans covering active and retired employees.
Identifies administration and operations issues, collaborates with internal and external teams, and formulates solutions for best resultsPartners with strategy team to determine where change may be needed and directs implementation of changes to administration and operations processes.
Ensures compliance of plans within legal and regulatory constraints.
Supports corporate and business requirements for labor relations, including negotiations with multiple unions.
Supports business requirements for m&a, including divestituresDirects acquired business transitions and current business changes to plan administration and operations processesCollaborates with strategy team to implement program changes with desired results.
Develops strategies to lower costs and provide more streamlined processesReviews vendor processes for compliance with requirements and regulations.
Manages and develops staffProvides leadership and coaching on projects and encourages decision making opportunitiesProvides training opportunities for staff.
Manages vendors to ensure slas are met and ongoing employee service needs and expectations are met.
**virtual or remote work options may be considered
Required education, experience, & skills
Bachelor’s degree
A minimum of seven (7) years of work experience
Ability to direct complex benefit plan administration and operations for health and welfare, ancillary benefits and other plans for varied businesses and different benefit structures for both active employees and retireesAbility to direct changes to timelines, requirements, staffing needs.
Analytical thought needed to resolve issues in a variety of complex situations, without supervision.
Proven in communicating sensitive information, and having the ability to modify beliefs or opinions within a program or line of business.
Capable in negotiations at higher levels internally, and occasionally with external relationships.
Preferred education, experience, & skills
Master’s degree
A minimum of ten (10) years of work experience
About bae systems, inc.
Bae systems, incIs the u.sSubsidiary of bae systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support servicesImproving the future and protecting lives is an ambitious mission, but it’s what we do at bae systemsWorking here means using your passion and ingenuity where it counts – defending national security with breakthrough technology, superior products, and intelligence solutionsAs you develop the latest technology and defend national security, you will continually hone your skills on a team—making a big impact on a global scaleAt bae systems, you’ll find a rewarding career that truly makes a difference.
At bae systems, we celebrate the array of skills, experiences, and perspectives our employees bring to the tableFor us, differences are a source of strengthWe’re laser-focused on high performance, and we work hard every day to nurture an inclusive culture where all employees can innovate and thriveHere, you will not only build your career, but you will also enjoy work-life balance, uncover new experiences, and collaborate with passionate colleagues.
