Benefits Lead

About the role

The Benefits Lead at Elevate is responsible for the strategy, governance, financial performance, and administration of Elevate North America's health and welfare benefit programs. The role serves as the subject matter expert for medical, pharmacy, dental, vision, disability, life, wellness, and retirement benefits.

The Benefits Lead partners closely with brokers, carriers, third-party administrators, HR, Finance, Payroll, Legal, and Labor Relations. The role evaluates benefit strategy, analyzes financial and utilization trends, oversees vendor performance, ensures regulatory compliance, and recommends program enhancements to improve the employee experience while controlling costs.

Responsibilities

• Develop and execute the company's health and welfare benefits strategy.
• Partner with brokers to evaluate market trends, renewals, plan design, and emerging benefit solutions.
• Build financial models to assess the cost and employee impact of proposed plan changes and vendor recommendations.
• Manage relationships and performance of insurance carriers, Pharmacy Benefit Managers (PBMs), third-party administrators, benefits administration platform providers, COBRA, HSA/FSA vendors, and other benefit partners through governance and service level agreements.
• Evaluate opportunities to optimize benefits, including plan redesigns, pharmacy carve-outs, vendor consolidations, and cost containment initiatives.
• Analyze healthcare claims, utilization, prescription drug trends, and vendor performance to identify risks and improvement opportunities.
• Support collective bargaining by providing benefit expertise, financial analysis, and implementation support for negotiated benefit changes.
• Lead annual Open Enrollment, including vendor coordination, system readiness, employee communications, testing, and post-enrollment audits.
• Ensure compliance with all applicable federal, state, and local benefits regulations.
• Develop executive reporting and recommendations on benefit performance and costs.

Datos clave

• Responsible for Elevate North America's health and welfare benefit programs.
• Serves as the subject matter expert for medical, pharmacy, dental, vision, disability, life, wellness, and retirement benefits.
• Leads annual Open Enrollment, including vendor coordination, communications, testing, and post-enrollment audits.