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Director of Compensation and Benefits

4 months ago

Virginia Beach, United States ECPI University Full time
Overview:

Director of Compensation & Benefits

This position will work at ECPI Universitys Virginia Beach campus located at 5555 Greenwich Road.

Transform your Career at ECPI University

Since 1966, the dedicated employees at ECPI University have helped students achieve their goals via practical training and career-focused education with over 50 Associates, Bachelors and Masters Programs. Our culture is to prioritize our students success through the support of our dynamic team and industry focused curriculum.

Visit www.ecpi.edu/employment to learn more about how you can help people improve their lives through education.

Position Summary

Are you seeking a career at a university that promotes the enhancement of each students professional and personal life through education? Then a career as a Director of Compensation & Benefits with ECPI University may be for you

The Director of Compensation & Benefits plays a vital role in ensuring that ECPI Universitys compensation and benefits programs attract, retain, and motivate top talent while aligning with the University's overall mission and goals. In this role, you will be responsible for designing, implementing, and managing compensation structures and benefits programs that support our employees' well-being and contribute to our success.

The ideal candidate will possess strong organizational skills, attention to detail, excellent customer support skills, experience administering self-funded health plans, and a thorough understanding of regulations related to employee compensation and benefits.

Responsibilities:
  • Develop and implement a comprehensive compensation and benefits strategy that supports the Universitys objectives and positions us competitively in the market.
  • Conduct regular analysis of compensation data, market trends, and benchmarking to ensure our compensation and benefit packages remain competitive and equitable.
  • Oversee the administration of employee benefits programs, including health insurance, 401(k) retirement plan, wellness programs, and other perks, ensuring compliance with regulatory requirements and cost-effectiveness.
  • Manage annual employee enrollment in all benefit plans, ensuring eligible employees are offered enrollment in a timely manner throughout the year in compliance with applicable plan and ACA regulations.
  • Coordinate with health brokers/advisors, plan administrators, and benefit plan providers to ensure seamless administration of benefit programs.
  • Ensure timely and accurate billing and payment processes; coordinate filing of 5500s and plan audits as needed, including annual 401(k) plan audit.
  • Develop and deploy communication to educate employees about available benefits, eligibility criteria, and enrollment procedures.
  • Serve as a primary point of contact for employee and third-party vendor inquiries and surveys related to compensation and benefits.
  • Collaborate with HR, Accounting, and leadership teams to design and implement benefit plans that meet the diverse needs of our workforce while managing costs and optimizing value.
  • Stay informed about relevant laws and regulations related to compensation and benefits, ensuring our programs remain compliant and mitigate legal risks.
  • Maintain accurate records of compensation and benefits data, generate regular reports, and provide insights to inform decision-making and strategic planning.
  • Collaborate with HR, finance, and executive teams to align compensation and benefits programs with Universitys goals, budgetary constraints, and talent acquisition strategies.


Qualifications:

Education/Experience

  • Bachelor's degree in human resources, business administration, finance, or a related field; Masters degree preferred.
  • Minimum of 3 years of experience in compensation and benefits administration with a multi-state employer.
  • Certification such as Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) is a plus.

Skills/Abilities

  • Proficiency in HRIS systems- UKG experience a plus
  • Strong understanding of employee compensation and benefits regulations, including DOL, HIPAA, ERISA, COBRA, ACA, and state regulations.
  • In-depth knowledge of compensation and benefits principles, practices, and regulations.
  • Strong analytical skills with the ability to interpret data, conduct market analysis, and make data-driven recommendations.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with employees, managers, and external partners.
  • Proficiency in BI and Microsoft Excel for data analysis and reporting.

Benefits of Employment

ECPI University provides a comprehensive benefits program designed to help our faculty and staff stay healthy, feel supported, and maintain a work/life balance, some of which are highlighted below:

  • Tuition scholarship program available to full-time employees and their immediate family members after 90 days of employment
  • Competitive compensation and medical/dental benefit plans
  • PTO and holiday pay
  • 401(k) participation with possible employer contributions

To learn more about benefits at ECPI University, click HERE.

Committed to excellence and innovation, ECPI University is proud to be an equal opportunity employer.