Director, Health & Wellness Benefits

Company: PepsiCo Deutschland GmbH
Location: New York
Posted on: March 20, 2023

Job Description:

OverviewWe are PepsiCo, one of the most iconic and recognized consumer brands around the globe! With net revenues of over $65 billion and almost 300,000 employees worldwide, PepsiCo's approach at work is full force - never settling for second best.PepsiCo is known for raising the bar with each new endeavor. We are not just committed to winning as individuals but winning as a team. We Perform with Purpose. Because of that commitment, our HR function is an essential piece of our strategic vision. That means PepsiCo is equally committed to helping people lead healthier lives AND providing a safe and inclusive workplace for our employees to grow personally and professionally.Come take a seat at the table and help contribute to the innovation and unparalleled success of PepsiCo! The Director of Health & Wellness Benefits will focus on the design and strategy of U.S. employee health and insurance programs and will report to the Senior Director, Global Health & Wellness. The ideal candidate has experience in managing benefit and/or total reward programs and vendors, as well as collaborating across a large multidivisional organization. As the H&W Benefits Director, you will be responsible for leading strategic relationships and initiatives in addition to analyzing long-term impact of cost and quality trends and identifying opportunities in design and execution for health & wellness benefits programs. You will also work closely with core services team to ensure programs are being executed as designed and for monitoring ongoing plan performance, including operational and financial reviews. Responsibilities

• Develop strategies to manage plan costs, improve health of population, provide competitive benefits and comply with health care reform regulations
• Collaborate with Benefits Controller to develop and monitor Annual Operating Plan for PepsiCo U.S. Group Insurance budget
• In partnership with the Senior Director, provide guidance and direction to external vendors including consultants, insurance carriers, and other program providers to manage vendor performance, align on strategic priorities, and measure clinical and financial outcomes in line with stated strategies and objectives
• Monitor, scorecard and identify drivers of medical trend to identify opportunities price, utilization and care management opportunities across the H&W ecosystem
• Partner with internal and external stakeholders (benefits, HR, HR Operations, multiple vendors, etc.) as appropriate
• Support the development and monitoring of U.S. group insurance plan expense, compliance and governance processes QualificationsMinimum Qualifications:
  • Bachelor's degree
  • 10+ years in Benefits execution, strategy & design
  • Strong working knowledge of employee benefit programsPreferred Qualifications:
    • MBA preferred
    • Ability to work in a high volume, fast-paced environment
    • Strong organizational skills; must be able to prioritize, multitask and manage project deadlines
    • Excellent analytical skills, attention to detail and the ability to analyze complex data
    • Strong verbal, written communication and presentation skills
    • Ability to work as a team player and influence cross divisional teams
    • Must be willing and able to travel 5-15% of the timeCompensation & Benefits:
      • The expected compensation range for this position is between $160,000 and $180,000 based on a full-time schedule
      • Location, confirmed job-related skills and experience will be considered in setting actual starting salary
      • Bonus based on performance and eligibility; target payout is 25% paid out annually
      • An additional target payout of 10% of annual salary is paid out over 3 years following the end of the performance period.
      • Long term incentive equity may be awarded based on eligibility and performance.
      • Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement
      • In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), and Defined Contribution Retirement Plan#LI-HYBRID COVID-19 vaccination is a condition of employment for this role. Please note that all such company vaccine requirements provide the opportunity to request an approved accommodation or exemption under applicable law EEO StatementAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender IdentityIf you'd like more information about your EEO rights as an applicant under the law, please download the available&documents. View.Please view our

Keywords: PepsiCo Deutschland GmbH, New York , Director, Health & Wellness Benefits, Healthcare , New York, New York