Vice President of Health and Benefits

5 days ago

Detroit, Michigan, United States Quicken Loans Full time
Job Summary

We are seeking a highly skilled and experienced Vice President, Health and Benefits to lead our health and benefits strategy, planning, alignment, design, and financial oversight. As a key member of our leadership team, you will be responsible for developing, implementing, and analyzing our health benefits strategy, including plan design, pricing, administration, compliance, communications, implementation, and evaluation.

Responsibilities
  • Develop and implement a comprehensive health benefits strategy that aligns with our company's strategic objectives.
  • Lead the design and development of benefits policies, plans, and programs that meet the needs of our employees and comply with government regulations.
  • Evaluate existing programs through research, surveys, and analysis of benefit trends and vendor management to ensure they are competitive.
  • Formulate and recommend comprehensive benefit plans and policies that are within budgetary constraints and compliant with government regulations.
  • Communicate strategic objectives and program design with senior stakeholders.
  • Lead the annual open enrollment process from start to finish.
  • Develop and maintain a wellness strategy that nurtures a culture of health with an emphasis on preventive care.
  • Partner with consultants, coordinate RFPs, negotiate contracts, and select vendors for the implementation of benefits programs.
  • Manage relationships with vendors, consultants, internal, and external clients.
  • Assist with the development of team member communications regarding benefit programs, procedures, and disclosures.
  • Monitor benefits programs to ensure compliance with internal guidelines and regulatory requirements, adjusting plans and programs as needed.
  • Partner with cross-functional teams on risk mitigation strategies related to health and benefits programs.
  • Partner with cross-functional teams and internal stakeholders to accomplish initiatives.
  • Oversee special projects, including work related to mergers and acquisitions.
  • Oversee budget and partner with cross-functional teams to address questions, prepare budgets, and present analyses to senior stakeholders.
  • Lead the organization's unique benefit offerings, including the multi-disciplinary onsite clinic, digital behavioral health platform, 24/7 telemedicine access, and more.
  • Partner with leadership to develop a multi-year, value-based care plan for the organization with an emphasis on outcomes and return on investment (ROI).
  • Lead potential vendor RFPs for benefit consultants, third-party administrators, employee assistance program (EAP) partners, and more.
  • Design the overarching health and benefits brand to set the organization up as an employer of choice.
  • Foster a culture of seeking and developing new, creative solutions for health and benefits to improve employer value.
  • Stay informed of market trends, best practices, and regulations to apply to health and benefits programs at the organization.
Benefits and Perks

We offer a comprehensive benefits package that includes health, dental, and vision insurance, 401(k) matching, paid time off, and more. We also offer a range of perks, including a wellness program, employee assistance program, and access to on-site fitness classes and a gym.

We are committed to creating a workplace that is inclusive, diverse, and supportive of all employees. We offer a range of programs and resources to support employee well-being, including mental health resources, employee recognition programs, and more.

We are proud to be an equal opportunity employer and welcome applications from diverse candidates. We are committed to creating a workplace that is free from discrimination and harassment and where all employees feel valued and respected.

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