Director, U.S. Benefits
Durham, NC - USA
Job Summary
Labcorp is a global leader in laboratory services providing the insights and answers that help healthcare providers patients researchers pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science data technology and laboratory network we advance diagnostics accelerate innovation and help address some of the worlds most important health challenges. As we shape the future of healthcare we are leveraging advanced technologies intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise youll have the opportunity to do meaningful work grow your career and make a real impact on peoples health around the world. Together were improving health and improving lives.
Labcorp is seeking a Director US Benefits to join our team in Raleigh NC with the flexibility of a hybrid work schedule!
Key Responsibilities
- Lead the design administration and continuous improvement of all U.S. employee benefit programs including medical dental vision life insurance disability wellness and 401(k) plans.
- Develop and execute a comprehensive benefits and population health strategy that enhances the employee experience improves outcomes and manages long-term costs.
- Partner with leadership to leverage data analytics reporting and insights to drive strategic decision-making and optimize benefit program effectiveness.
- Establish and oversee benefits analytics including dashboards KPIs metrics and executive reporting.
- Translate complex benefits utilization and financial data into actionable recommendations for senior leadership.
- Provide financial oversight of benefits programs including budgeting forecasting cost management plan performance monitoring and ROI analysis.
- Lead vendor strategy and management including carrier and consultant relationships contract negotiations performance reviews and annual renewals.
- Oversee 401(k) administration and governance activities including retirement plan operations compliance fiduciary oversight employee education and committee participation.
- Ensure compliance with all applicable federal and state regulations including ERISA COBRA FMLA and related benefits legislation.
- Maintain and enhance benefits systems reporting capabilities data integrity and audit processes.
- Analyze utilization claims and operational data to identify trends risks and opportunities for program enhancements and cost savings.
- Lead employee benefits communications and education initiatives to improve understanding and engagement.
- Develop coach and lead a high-performing benefits team while fostering collaboration accountability and continuous improvement.
- Stay current on industry trends emerging benefits strategies and regulatory changes.
Minimum Qualifications
- Bachelors degree in Human Resources Business Administration or a related field.
- 7 or more years of progressive benefits experience including management of health and welfare and retirement programs.
- 3 or more years of people leadership experience within a benefits function.
- 1 or more years of experience utilizing benefits analytics population health strategies and data-driven program design to improve outcomes and support decision-making.
- 1 or more years of experience managing the financial aspects of benefits programs including budgeting forecasting cost modeling and ROI analysis.
- 1 or more years of experience supporting or managing benefits programs in large complex organizations.
- 1 or more years of experience administering 401(k) and other retirement plans including plan design compliance and investment oversight.
- 1 or more years of experience with retirement governance fiduciary responsibilities and retirement plan administration.
- 1 or more years of experience using benefits administration systems and related HR technologies.
Preferred Qualifications
- 1 or more years experience in unionized environments
- 2 or more years experience managing complex benefits programs in large matrixed organizations.
- 1 or more years of experience in benefits analytics population health strategy and data-driven program design.
- 1 or more years of experience in benefits budgeting forecasting cost modeling and ROI analysis.
- 1 or more years of experience utilizing advanced Excel skills including XLOOKUP/VLOOKUP Pivot Tables data modeling and executive dashboard development.
Additional Job Standards
- Experience building developing and leading high-performing benefits teams including establishing accountability driving performance and developing subject matter expertise.
- Experience identifying organizational and operational gaps and implementing strategies that improve team effectiveness collaboration and service delivery.
- Experience leveraging data reporting and analytics to identify trends risks and opportunities and inform strategic decision-making.
- Experience managing benefits budgeting forecasting cost analysis and program performance.
- Experience consolidating and analyzing data from multiple vendors carriers and systems to generate actionable business insights.
- Ability to communicate complex benefits financial and analytical information effectively to senior leaders and key stakeholders.
- Experience managing vendor and carrier relationships including contract negotiations performance management and service optimization.
- Experience with benefits administration systems reporting tools and benefits data management.
- Ability to exercise sound judgment maintain confidentiality and effectively manage sensitive employee and business information.
- Experience leading benefits initiatives during organizational growth transformation mergers acquisitions or integration activities.
The Director US Benefits is responsible for overseeing and managing employee benefits programs within the United States. This includes designing implementing and maintaining health wellness retirement and other benefit plans to ensure they meet regulatory requirements and align with the organizations strategic goals. The role involves analyzing and selecting benefit vendors negotiating contracts managing benefits administration and ensuring effective communication and education of benefits to employees. This position also plays a critical role in leading benefits analytics population health strategy and data-driven decision making leveraging insights to improve outcomes control costs and enhance employee experience.
Applicants who live within 35 miles of either the Burlington NC or Durham NC location will follow a hybrid schedule. This schedule includes a minimum of three in-office days per week at an assigned location either Burlington or Durham supporting both collaboration and flexibility.
Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical Dental Vision Life STD/LTD 401(k) Paid Time Off (PTO) or Flexible Time Off (FTO) Tuition Reimbursement and Employee Stock Purchase Plan.Employees regularly scheduled to work less than 20 hours Casual Intern and Temporary employees are only eligible to participate in the 401(k) Plan.Employees who are regularly scheduled toworka 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO. For more detailed information pleaseclick here.
Labcorp is proud to be an Equal Opportunity Employer:
Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) family or parental status marital civil union or domestic partnership status sexual orientation gender identity gender expression personal appearance age veteran status disability genetic information or any other legally protected characteristic. Additionally all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.
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About Company
Labcorp helps patients, providers, organizations, and biopharma companies to guide vital healthcare decisions each and every day.