Sr. Mgr., Benefits & Wellbeing
About the Company
Fifty years ago, Sam Walton started a single mom-and-pop shop and transformed it into the world's biggest retailer. Since those founding days, one thing has remained consistent: a commitment to helping customers save money so they can live better. Today, Walmart is reinventing the shopping experience and its associates are at the heart of it. You'll play a crucial role in shaping the future of retail, improving millions of lives around the world. This is that place where your passions meet purpose. Join their family and create a career you're proud of.
About the Job
They are looking for an individual that has a strong healthcare background as this position will be responsible for managing vendors, working with associates and many other responsibilities. This will include ongoing support and management of virtual health offerings, various claims and appeals audit functions, as well as ensuring compliance with the rules and regulations of the Consolidated Appropriations Act and other health plan-related laws. Additionally, the candidate should be capable of developing strategic plans and design options, communicating business plans and priorities, and evaluating the effectiveness of current programs. Furthermore, the candidate should be able to build strong and trusting relationships with team members and business partners, work collaboratively to achieve objectives, and communicate effectively.
Responsibilities
Serves as the corporate benefits subject matter expert by analyzing a wide variety of benefits programs; researching and analyzing industry and legislative trends, best practices, current plan usage, labor segments, associate needs, and external competitiveness by segment; assisting in the actuarial review of benefit offerings, forecasting, and investment options; working directly with Finance on short- and long-term cost implications; advising leadership and associates on benefits decisions; managing the design, administration, actuarial, and communication strategies of retirement plans; and proposing possible programs to senior leadership
Leads large-scale roll-outs of new programs and policies affecting associates by identifying market needs; assisting in the development of benefits and remuneration plans, programs, and policies; preparing estimates of resource requirements; leveraging cross-functional teams; coordinating across numerous functions and business units; identifying and mitigating potential compliance issues; managing multiple timelines; defining and communicating expectations for quality outcomes and process standards; identifying trends and tracking progress; investigating and adopting best practices; and providing status reports and updates to senior leadership
Assists senior leadership in developing government and public affairs strategies by analyzing and understanding pending and proposed legislation related to benefits; advising senior leadership of the impact legislation will have on both the company and associates; managing specific deliverables and reports associated with benefits-related legislative activities; and producing reports for divisional and corporate leadership
Manages external provider relations by developing requests for proposals; recommending and executing screening and selection process; negotiating terms and conditions of contracts under the guidance of senior leadership; setting standards for acceptable outcomes; monitoring and identifying performance issues; recommending and executing solutions to performance issues; and establishing and reinforcing desired behaviors and service expectations to ensure accurate administration and compliance with applicable laws
Creates processes and policies to maintain and ensure compliance with applicable laws and regulations by monitoring and responding to new and emerging benefits legislation; presenting proposed programs to seek approval from senior leadership; preparing and maintaining required documents; executing corporate reporting including annual shareholder disclosure; and assisting in educating cross-functional teams and internal divisions regarding issues and implications to ensure compliance
Drives the execution of multiple business plans and projects by identifying customer and operational needs; developing and communicating business plans and priorities; removing barriers and obstacles that impact performance; providing resources; identifying performance standards; measuring progress and adjusting performance accordingly; developing contingency plans; and demonstrating adaptability and supporting continuous learning
Provides supervision and development opportunities for associates by selecting and training; mentoring; assigning duties; building a team-based work environment; establishing performance expectations and conducting regular performance evaluations; providing recognition and rewards; coaching for success and improvement; and ensuring diversity awareness
Promotes and supports company policies, procedures, mission, values, and standards of ethics and integrity by training and providing direction to others in their use and application; ensuring compliance with them; and utilizing and supporting the Open Door Policy
Ensures business needs are being met by evaluating the ongoing effectiveness of current plans, programs, and initiatives; consulting with business partners, managers, co-workers, or other key stakeholders; soliciting, evaluating, and applying suggestions for improving efficiency and cost-effectiveness; and participating in and supporting community outreach events
Qualifications
Minimum Qualifications:
Bachelor’s degree in Business, Human Resources, Healthcare Administration, or related field and 2 years’ experience in benefits management, benefits administration, healthcare regulatory compliance, or relevant area
OR 4 years’ experience in benefits management, benefits administration, healthcare regulatory compliance, or relevant area
Preferred Qualifications:
Professional HR (PHR) Certification
Experience in vendor management focused on member experience, contracting, financial reviews and audits, audits for claims and appeals
Strong understanding of compliance issues related to ERISA, COBRA, DOL, ACA, CAA, MHP, etc.
Leading & managing various components of the Consolidated Appropriations Act rules & regulations to ensure compliance of business and vendor partners
Background in innovation development
Experience in developing strategic plans and designing options
Experience in developing and communicating business plans and priorities
