USI Insurance

General Description: This position is responsible for ensuring our benefits are market-leading, cost-effective, and aligned with our commitment to employee well-being. The Director of Benefits has strategic oversight over all employee benefits programs, including health, dental, vision, life, disability, and retirement plans.

Responsibilities:

• Recruit, manage, and develop a high-performing benefits team.
• Develop and execute a strategic plan for USI’s employee health and welfare programs in partnership with brokers.
• Oversee the administration of all group employee benefits programs. Includes medical, dental, vision, life, disability, and 401(k) savings plans.
• Assess employee programs for effectiveness and return-on-investment. Monitor and manage the cost of benefit plans within the budget.
• Recommend enhancements to USI’s benefit programs and policies. Ensure all plan offerings are market-leading and cost effective.
• Manage annual benefits renewal and negotiations. Manage employee benefits Open Enrollment.
• Identify and integrate new vendor partners to enhance our benefit offerings.
• Craft and execute a strategic communication plan for benefits, ensuring clear and effective messaging to participants.
• Participate with the 401(k) Committee to deliver benefits to employees. Direct annual plan audit.
• Ensure benefit program compliance with all federal, state, and local regulations.
• Oversee activities relating to acquisition integration for the USI benefit programs.

Knowledge, Skills and Abilities:

·       Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field; advanced degree or professional certification (e.g., CEBS) preferred.

• Minimum of 10 years of progressive experience in employee benefits, with a strong focus on financial analysis and strategic plan management.
• Demonstrated expertise in analyzing benefit plan costs, utilization trends, and ROI to inform decision-making and optimize plan performance.
• Proven ability to develop and manage budgets for large, self-funded benefit programs, including forecasting and cost containment strategies.
• Strong proficiency in Microsoft Excel.
• Strong understanding of compliance requirements related to benefits (ERISA, ACA, HIPAA) and their financial implications.
• Excellent communication and presentation skills, with the ability to translate complex financial data into actionable insights for senior leadership.
• Experience leading cross-functional teams and collaborating with Finance, HR, and external vendors to drive results.

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.