Sr. Director of Total Rewards

Bancroft; Moorestown Township (NJ); On-site; USD 145,000 - 185,000; Full time

Job summary

Bancroft in Moorestown, NJ is seeking a Sr Director, Total Rewards to lead benefits, compensation, HRIS, performance management and vendor management across the enterprise. The role provides strategic direction for HR policies, oversees health and welfare programs, leave administration, and contract negotiations with carriers, ensuring competitive and compliant programs for our workforce.

Ideal candidates have 10+ years in leadership, 5+ years in Total Rewards with self-funded plans, and

Qualifications

• 10+ years of leadership in a managerial role.
• At least 5 years of Total Rewards experience, specifically with self-insured plans.
• Experience with contract negotiation and benefits program management.

Responsibilities

• Develop and implement HR strategies and initiatives that align with Bancroft's business strategy.
• Provide strategic direction and leadership on HR policies and procedures.
• Report to the Benefits Administration Committee or Finance Committee of the board for updates (if applicable).
• Oversee enterprise compensation programs to ensure fair, equitable, and competitive practices.
• Oversee and administer Health & Welfare programs, ensuring non-discriminatory practices, while providing employee value.
• Oversee leave administration and RTW program.
• Negotiate contracts with various insurance carriers to obtain cost-effective coverage.
• Ensure best practices are upheld throughout Total Rewards processes.
• Oversee HRIS and data integrity practices for the HR department.
• Provide recommendations with IT for HR IT systems and support.
• Oversee and administer the employee recognition program and platform.
• Provide input for enterprise ad-hoc assignments.

Skills

Contract negotiation

Claims management

LOA administration

Self-Funded Benefit Management

Reference Based Pricing

Education

BS, Human Resources or Business Management

MBA

Certified Compensation

Certified Benefits Professional

SHRM Certification

Job description

Overview

The Sr Director, Total Rewards will be responsible for providing leadership for benefits, compensation, HRIS, performance management, and vendor management functions. The Sr Director provides direction and guidance to the HR function to develop programs and guidance to support organizational issues. This role partners with HR Compliance to ensure compliance-related activities are addressed in a timely manner, while meeting all federal, state, and local statutes. Manages HR policies and procedures that reflect an employee-centric and result-oriented environment.

Responsibilities

• Develop and implement HR strategies and initiatives that align with the overall Bancroft business strategy
• Provide strategic direction and leadership on appropriate HR policies and procedures
• (If applicable) - reports out to the Benefits Administration Committee or Finance Committee of the board for updates
• Oversee enterprise compensation programs to ensure fair, equitable, and competitive practices
• Oversee and administer Health & Welfare programs for the enterprise, ensuring non-discriminatory practices, while providing employee value
• Oversee leave administration and RTW program
• Negotiate contracts with various insurance carriers to obtain cost-effective coverage for the enterprise
• Ensure best practices are consistently upheld throughout the Total Rewards process and enterprise
• Oversee HRIS and data integrity practices for the HR department
• Provides recommendations in conjunction with IT for the improvement of IT systems and support impacting HR
• Oversees and administers the employee recognition program and platform
• Provides professional input for enterprise ad-hoc assignments

Qualifications

Required education:

• BS, Human Resources or Business Management

Preferred education:

• MBA, Certified Compensation or Certified Benefits professional and/or SHRM certification

Experience:

• 10+ years of leadership in a managerial role.
• At least 5 years of Total Rewards experience, specifically with self-insured plans.

Special Skills:

• Experience with contract negotiation
• Significant claims management experience
• LOA experience and administration
• expertise in Self-Funded and Reference Based Pricing Benefit Management.

Salary Range : $145K-$185K

EEO Statement

Bancroft stands strong against racism and hate of all kinds and supports actions leading to respect, equality, fairness and peace.We advocate for and embrace an inclusive and just world.One world. For everyone.We work with heart, respect and collaboration. We are communicators, listeners, problem solvers, partners and collaborators.Bring your authentic self to our team.

#CORP