Manager, HR Benefits Strategy

CVS Health

90d • $66,330 - $145,860

About The Position

This position provides support to the benefit strategy team in administering programs for CVS Health employees and retirees. Candidates should have experience working with large corporate benefits plans. The position involves identifying solutions to program challenges and making recommendations for process enhancements. Critical thinking and analytical skills are required, and the role includes supporting senior leaders within the HR Benefits team.

Requirements

• 5+ years of experience in a similar role, with a focus on benefit strategy
• Willingness to travel up to 10% (including airplane)

Nice To Haves

• Knowledge of Health and Welfare Benefit plans
• Proficiency in Microsoft products including Word, Excel, and PowerPoint
• Ability to analyze data and metrics to evaluate benefits programs and identify improvement opportunities
• Organizational skills for managing multiple benefits programs and ensuring regulatory compliance
• Attention to detail for accuracy in benefits administration and adherence to policies and regulations
• Excellent written, oral communication, and presentation skills
• Experience developing analyses, presentations, and support material for decision-making and strategy implementation
• Ability and courage to contribute to blue-sky strategy discussions and make recommendations

Responsibilities

• Support a comprehensive benefits program that addresses the emotional and physical health of colleagues
• Lead initiatives to promote various Benefits plans and programs
• Apply data from utilization and colleague surveys to inform and improve programs and initiatives
• Serve as a trusted advisor to leadership as a member of the benefits team
• Contribute and review benefits communications and plan documents
• Build relationships internally and collaborate effectively with other HR teams including Shared Services, Vendor Management, Communications, Finance, and Legal
• Identify, analyze, and address service issues; recommend and implement short- and long-term solutions; actively listen and respond to escalations with empathy
• Ensure that all benefits programs comply with federal, state, and local regulations
• Support Annual Enrollment including Benefits presentations to colleague groups, as requested

Benefits

• Affordable medical plan options
• 401(k) plan (including matching company contributions)
• Employee stock purchase plan
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree