Benefits Director

Company: United Rentals, Inc.
Location: Stamford
Posted on: November 23, 2022

Job Description:

Great company. Great people. Great opportunities.The Benefits Director plans and directs the overall design, implementation, communication, compliance and administration of the health and welfare and retirement benefits programs. This position ensures these programs adhere to current regulations and support the company's strategic total rewards objectives. The director plays a key strategic role in ensuring programs are current and competitive with regards to trends, practices, and costs for a diverse workforce comprised of salaried and hourly employees across the US and Canada.The Benefits Director leads the annual benefits budget development and analysis process, ensuring programs are cost-effective and delivering value for the business. Leads a team of benefits professionals as well as numerous teams with outsourced benefits record keepers and partners internally with senior leaders and externally with providers to ensure best-in-class service and advocacy for our employees.If you would enjoy the chance to make your mark with the world's largest equipment rental provider, consider a future with United Rentals. We will provide the tools, the technology and the support you need to do the job right. You will also be supported by a strong management team that will help you achieve your goals.Responsibilities:

• Develops benefit strategy in partnership with our brokers/vendors for our health, welfare, wellness, financial, recognition and paid time-off programs; analyze plans' market competitiveness, financial performance, compliance and team member engagement.
• Manages vendor review and selection and partnerships to ensure service level agreements and related performance requirements are achieved. Conducts period/regular vendor performance reviews and ensures all near and longer-term operational requirements and goals are being met.
• Uses financial data, vendor analysis and internal data analytics to monitor effectiveness of programs and make recommendations for changes, model cost impact and present recommendations.
• Leads carrier and benefits consultant periodic financial reviews and prepares annual functional budget for approval and oversee all benefits-related expenses and tracking/analysis to budget.
• Develop effective benefits training and communications strategies, tools and processes to optimize perceived value, improve employee engagement and ensure regulatory compliance.
• Drive health, wellness, safety and sustainability initiatives through program/incentive design and internal coordination with key stakeholders.
• Build strong relationships with internal business partners and works cross-functionally with stakeholders (e.g., HR Business Partners, Compensation, HRIS, M&A, Finance, Accounting, HR Support Center, Legal, Sourcing, and Operations and Technology teams).
• Ensure compliance with country-specific requirements such as COBRA, ACA, ERISA, and HIPAA and other regional, country, federal, state, and local regulatory requirements.
• Direct and supervise the work of the benefits team. Continuously coach and mentor direct report(s) to support growth and development.
• Provide leadership and support for our internal nonprofit charitable organization, supporting employees and families facing financial hardships.Requirements:
  • Bachelor's degree in Human Resources, Management or other related discipline
  • Master's degree preferred
  • 7 - 10 years of progressive HR benefits experience leading all aspects of US and Canada benefits strategy, design, administration, and compliance
  • A successful track record of working effectively in a large fast-growing organization
  • Experience assessing, selecting, and managing partners and vendors
  • Experience managing and executing a multi-million-dollar self-funded benefits budget
  • Comprehensive understanding of multi-state benefits compliance including knowledge of ERISA, COBRA, FMLA, ADA, Section 125
  • Demonstrated management skills and experience in developing and growing talent
  • Ability to successfully manage vendors and develop strategic partnerships
  • Excellent business acumen, project management, presentation, and written communication skills
  • Skill in leading large benefits initiatives and the ability to apply expertise to support a fast-paced growing enterprise
  • Deep understanding of interdependencies in benefit program and systems design, as well as legal, financial and tax implications of benefits programs and decisions
  • Ability to translate data into impactful insights that drive solutions to complex problems across the organization
  • Solid decision making, problem solving, consulting, influencing, relational and partnering skills
  • Participates in professional networks and/or stays up to date on current research to ensure awareness of social, economic, and regulatory trends that may affect the business and future benefit strategies
  • High level of proficiency in MS Office products
  • Certified Benefits Professional (CBP) or CEBs accreditation is a plus
  • Workday experience highly desirable
  • Hybrid Schedule - based in Stamford, CT, Charlotte, NC or Scottsdale, AZ strongly preferred but will consider fully RemoteAt United Rentals, the largest equipment rental company, we believe that it takes great employees to build a great organization - and we're passionate about helping our people grow professionally and embrace teamwork in everything they do. Our culture is based on our corporate values and centers on mutual respect, job satisfaction, diversity and a shared responsibility to build a better future. What's in it for you?U.S. Full Time roles:Best in class benefits offering includes medical, dental, vision, flex spending and health savings accounts; 401(k) retirement with company match; life and disability insurance; and paid time off including sick, vacation, holidays, and paid parental leave. Comprehensive training and development and career growth opportunities.U.S. Non-Full Time roles: Benefits offering includes 401(k) retirement with company match; paid time off including sick, vacation and holidays; and comprehensive training and development and career growth opportunities.Canada: Best in class benefits package which includes medical, dental & vision, RRSP/DPSP*, paid time off, comprehensive training and development, and career growth opportunities.*Offered for full time roles, non-full time eligibility in select provinces.United Rentals, Inc. is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

Keywords: United Rentals, Inc., Stamford , Benefits Director, Executive , Stamford, Connecticut