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VP Wellbeing & Benefits

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Baylor Scott & White Health

2mo ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Healthcare
  • Dallas

AI generated summary

  • You need 7 years of experience (3 in leadership), skills in benefits programs, strong communication, project management, and experience with vendors and negotiation. A Bachelor's degree or equivalent is required.
  • You will develop benefit and wellbeing strategies, drive program utilization, oversee financial aspects, ensure compliance, manage vendor relationships, and collaborate across departments.

Requirements

  • 7 years of experience with at least 3 years in a leadership role.
  • Experience leading benefits programs for a large, complex organization.
  • Ability to engage and influence executive and senior leadership.
  • Experience negotiating and directing third-party consultants and vendors.
  • Exceptional interpersonal, verbal, written, and presentation skills.
  • Results-driven and deeply collaborative, with strong project management skills.
  • Bachelor's or 4 years of work experience above the minimum qualification
  • 7 years of experience

Responsibilities

  • Create and maintain a future-looking 3–5-year roadmap of benefit, recognition, and wellbeing strategies expected to yield tangible improvements felt by BSWH team members.
  • Drive the utilization and performance of meaningful benefit, recognition, and wellbeing programs while improving understanding, importance, and satisfaction by our BSWH team members.
  • Recommend changes or additions to benefit programs to optimize service delivery and return on investment. Coordinates decisions with the benefits administration and investment committees.
  • Serve as a trusted advisor and coach focused on optimizing education and creative solutions to unique and complex business problems.
  • Lead all aspects of the benefits and wellbeing teams always in collaboration across Human Resources, Finance and Operations teams.
  • Engage with internal management committees and lead the preparation of materials for the Benefits Operations Committee.
  • Work closely with VP Compensation to develop and show the value of a combined total rewards philosophy and execution approach.
  • Oversee financial aspects of benefit programs, including bi-weekly funding of programs, cash movement of the non-qualified trusts (corporate assets), and monitoring liquidity of the defined benefit plan.
  • Monitor legislative and regulatory changes affecting plan designs and administration and set policy and plan administration guidelines.
  • Identify and resolve complex problems concerning design, administration, and compliance of the program, partner to resolve prioritized pain points.
  • Direct day-to-day administration of the plans through oversight of staff and vendors, ensuring processes are documented and technology tools are accurately and adequately meeting the needs of the programs.
  • Build and maintain relationships with other departments in the organization on benefit program matters relative to business activities and initiatives such as, acquisitions, divestitures, and program governance.
  • Select and lead outside vendors in partnership with HR and Operations leadership, including Health and Welfare and Retirement vendors and systems.

FAQs

What are the main responsibilities of the VP Wellbeing & Benefits at BSWH?

The VP Wellbeing & Benefits is responsible for developing, implementing, and monitoring benefits programs, optimizing service delivery, advising employees, negotiating contracts, ensuring compliance with regulations, and leading the wellbeing team in collaboration with other departments.

What qualifications are required for this role?

A minimum of a Bachelor's degree and 7 years of experience in the field, with at least 3 years in a leadership role, is required.

Does this position require experience in benefits programs for a large organization?

Yes, the candidate must have experience leading benefits programs for a large, complex organization.

What skills are necessary for the VP Wellbeing & Benefits role?

Key skills include the ability to engage and influence executive leadership, experience negotiating with third-party vendors, exceptional interpersonal and communication abilities, and strong project management skills.

How does the VP Wellbeing & Benefits interact with other departments?

The VP Wellbeing & Benefits collaborates with Human Resources, Finance, and Operations teams on all aspects of benefits and wellbeing programs, engaging with internal management committees, and coordinating with other departments during activities like acquisitions and program governance.

Is there a focus on compliance in this role?

Yes, ensuring compliance with federal, state, and local legislation concerning benefits practices is a critical function of the role.

What is the expected timeline for developing benefits strategies?

The VP Wellbeing & Benefits is expected to create and maintain a 3- to 5-year roadmap for benefits, recognition, and wellbeing strategies.

Will the VP Wellbeing & Benefits manage a team?

Yes, the role involves leading and directing the benefits and wellbeing teams, which includes managerial accountability for staffing and budgets.

What are the performance expectations for benefit programs?

The VP is expected to drive utilization and performance of meaningful benefit programs while improving understanding, importance, and satisfaction among BSWH team members.

Are there remote work opportunities for this position?

Details about remote work will be clarified during the hiring process, but the nature of the role may involve in-person collaboration.

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Baylor Scott & White Health

Changing Healthcare for the Better.

Science & Healthcare
Industry
10,001+
Employees
1903
Founded Year

Mission & Purpose

As the largest not-for-profit health system in the state of Texas, Baylor Scott & White promotes the health and well-being of every individual, family and community it serves. It is committed to making quality care more accessible, convenient and affordable through its integrated delivery network, which includes the Baylor Scott & White Health Plan, Baylor Scott & White Research Institute, the Baylor Scott & White Quality Alliance and its leading digital health platform – MyBSWHealth. Through 51 hospitals and more than 1,100 access points, including flagship academic medical centers in Dallas, Fort Worth and Temple, the system offers the full continuum of care, from primary to award-winning specialty care. Founded as a Christian ministry of healing more than a century ago, Baylor Scott & White today serves more than three million Texans. For more information, visit: BSWHealth.com.

Culture & Values

  • We serve faithfully

  • We never settle

  • We are in it together

  • We make an impact