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Senior Manager Compensation & Benefits

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Abbott Laboratories

3mo ago

  • Job
    Full-time
    Expert Level
  • Consulting
    People, HR & Administration

AI generated summary

  • You need a relevant bachelor's and 15+ years HR experience, with 8+ years in benefits analysis, advanced Microsoft Office skills, knowledge of benefits laws, and strong project management abilities.
  • You will lead U.S. employee and retiree benefits, develop strategic solutions, manage complex programs, and handle health and welfare appeals and HSA administration.

Requirements

  • Bachelor’s degree in HR, Business Administration, or relevant field
  • 8+ years benefits analytical/consulting experience
  • 15+ years overall HR including project/program management experience
  • Demonstrated ability to work independently, manage priorities and project timelines, anticipate needs and determine next steps.
  • Advanced skills with Microsoft Office and project management tools.
  • Demonstrated ability to work through teams and interact at all organizational levels including key stakeholders and senior management.
  • In-depth knowledge of benefits theory, trends, best practices, laws/regulations.
  • Demonstrated excellence in organizational and time management, problem-solving, influencing, communication, and analytical skills.
  • Master’s degree (or MBA) in HR, Project Management, or relevant field
  • External compensation consulting experience
  • Experience designing compensation plans and market pricing/benchmarking
  • Experience with large, global organization

Responsibilities

  • Provides strategic leadership, management, and subject matter expertise for multiple, broad based U.S. employee and retiree benefit programs including the national self-insured health plan, fully insured health plans, and global expatriate/inpatriate health plan.
  • Researches, develops recommends, and implements strategic, high-value solutions to help active employees, dependents, retirees, people leaders and other functional areas (e.g., legal, HRIS, etc) that positively impact the business and employees.
  • Must effectively manage and produce comprehensive, creative, and strategic solutions and leadership for multiple, complex benefit programs and projects, such as medical plan design, contribution strategy, prescription drug utilization management programs, and mobile, high-potential employees on assignment.
  • Also leads health and welfare appeals, HSA administration, and data warehouse integration.

FAQs

What is the job title for this position?

The job title is Senior Manager Compensation & Benefits.

Where is the job location for this position?

This position works out of Abbott Park, IL.

What qualifications are required for this role?

Required qualifications include a Bachelor's degree in HR, Business Administration, or a relevant field, 8+ years of benefits analytical/consulting experience, and 15+ years of overall HR experience including project/program management.

What are some key responsibilities of the Senior Manager Compensation & Benefits?

Key responsibilities include providing strategic leadership for US employee and retiree benefit programs, developing and implementing benefit solutions, managing complex benefit programs, and leading health and welfare appeals.

Is there any specific software proficiency required for this job?

Yes, advanced skills with Microsoft Office and project management tools are required.

Are there preferred qualifications for this job?

Preferred qualifications include a Master’s degree (or MBA) in HR or Project Management, external compensation consulting experience, and experience with large, global organizations.

What types of benefits does Abbott offer to its employees?

Abbott offers free medical coverage, an excellent retirement savings plan, tuition reimbursement, and various health and wellness benefits.

What is the salary range for this position?

The base pay for this position is $125,300.00 – $250,700.00, although the pay range may vary in specific locations.

Does the company support employee wellness programs?

Yes, Abbott provides health and wellness benefits designed to help employees live full lives.

Is Abbott an Equal Opportunity Employer?

Yes, Abbott is committed to employee diversity and is an Equal Opportunity Employer.

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Abbott Laboratories

Science & Healthcare
Industry
10,001+
Employees

Mission & Purpose

At Abbott, we’re dedicated to helping people live more fully, in everything we do. We’re creating the future of healthcare through life-changing technologies that make you healthier and stronger, quickly identify when you have a medical need, and treat conditions to help you get back to doing what you love. With headquarters in north suburban Chicago, Abbott serves people in more than 160 countries with leading medical devices, diagnostics, nutrition products and branded generic medicines. More than 115,000 of us are helping millions of people to live better and healthier, every day around the world. Our employees do work that matters as part of a global community that supports them with career development opportunities and locally competitive benefits. Mission: We help people live better and healthier with our life-changing technologies. We're revolutionizing health with the most personal technologies, empowering people with the data and knowledge they need to help them live longer and better.