Director, Benefits North America
Boston, MA - USA
Job Summary
Our world is transforming and PTC is leading the software brings the physical and digital worlds together enabling companies to improve operations create better products and empower people in all aspects of their business.
Our people make all the difference in our success. Today we are a global team of nearly 7000 and our main objective is to create opportunities for our team members to explore learn and grow all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.
Position Summary
The Director North America Benefitsis responsible forthe strategic design governance administration and ongoing optimization of health welfare retirement and well-being programs across the United States and Canada. This role ensures that benefit offerings are competitive compliant financially sustainable and aligned withbusinessobjectives.
The Director will serve as the organizations subject matter expert on benefits partnering closely with HR Finance Legal Payroll Talent Acquisition and external consultants to deliver programs that support employee well-being attract and retain top talent and enable business success.
Key Responsibilities
Develop and execute a comprehensive North America benefits strategy aligned with businessobjectivesand Total Rewards philosophy.
Evaluate plan competitiveness and effectiveness through market benchmarking employee feedback andutilizationanalysis.
- Design and enhance benefit programs including:
- Medical prescription drug dental and vision plans
- Life and disability insurance programs
- 401(k) retirement and savings programs
- ESPP employee stock purchase program
- Leave and absence programs
- Wellness and employeeassistanceprograms
- Financial well-being initiatives
- Voluntary and ancillary benefits
Recommend innovative benefit solutions that improve employee experience whilemaintainingfiscal responsibilityby developing business cases and cost models. Analyze trends claims data and vendor performance toidentifyopportunities forplanoptimization and cost management.
Lead relationships withbenefitsconsultants brokers insurers retirement providers and third-party administrators.Oversee annual renewals and contract negotiations. Managebenefitsbudgets and forecast program costs.
With the team oversee day-to-day administration and delivery of North American benefits programs
Lead annualOpenEnrollment planning execution and employee communications
Ensureaccurateplan administration through effective coordination with HRSolutions Payroll HRIS and external vendors
Drive continuous process improvements and enhance operationalefficiencysupporting audits and reporting requirements. Ensurebenefitspolicies procedures and documentation are up to date and user friendly for employees.
Ensure compliance with all applicable federal state provincial and local regulations includingERISAACACOBRAHIPAAIRS regulationsandCanadian benefits and pension regulations
Partner with Legal and external advisors tomonitorlegislative changes and implement required program updates
Partner with the Communications and HR teams oncommunication strategies that improve employee understanding and appreciation of benefit programs
Enhance the employee experience through simplified processesand service delivery improvements
Support leadership and HR partners in addressing complex benefits-related questions and employee situations
Collaborate with HR Business Partners Compensation Talent Acquisition Finance Legal and Payroll leaders.
Manageand developbenefitsteam members and foster a high-performance customer-focused culture
Qualifications
Bachelors degree in Human Resources Business Administration Finance or related field.
10 years of progressive benefits or Total Rewards experience including significant responsibility for U.S. benefits programs.
Deepexpertisein health and welfare retirement and leave programs.
Strong knowledge of benefits compliance and regulatory requirements in the United States and Canada.
Experience managingbenefitsconsultants carriers and third-party administrators.
Demonstrated success leading complex benefits initiatives and vendor negotiations.
Strong analytical financial and project management skills.
Excellent communication presentation and stakeholder management capabilities.
Experience with Workday is a plus
PTC carefully considers a wide range of factors when determining compensation. The anticipated annual salary range for this position is between $186300 - $227500. The salary range reflects a good-faith estimate of compensation at the time of posting.
Actual compensation may vary based on a candidates skills qualifications experience and location. Eligible employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP) which allows for the purchase of discounted PTC stock. Certain roles may also be eligible for participation in our equity programs. Employees may be eligible for medical dental and vision insurance paid time off and sick leave tuition reimbursement 401(k) contributions and employer match flexible spending accounts life insurance disability coverage and if you are an office-assigned employee a generous commuter subsidy. All total rewards and benefits programs are subject to plan eligibility and other terms and conditions.
For more information about PTCs comprehensive benefits please visit our Careers Page.
Applications will be accepted on an on-going basis.
Life at PTC is about more than working with todays most cutting-edge technologies to transform the physical world. Its about showing up as you are and working alongside some of todays most talented industry leaders to transform the world around you.
If you share our passion for problem-solving through innovation youll likely become just as passionate about the PTC experience as we are. Are you ready to explore your next career move with us
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Required Experience:
Director
About Company
PTC accelerates digital transformation with a new generation of technology that powers the ways you engineer, manufacture, and service your physical products.