Benefits Manager

VerizonBasking Ridge, New JerseyHybridFull-timeMid level, 2–5 yearsListed 1 hour ago

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About this role

When you join Verizon

You want more out of a career. A place to share your ideas freely — even if they’re daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love — driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together — lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the #VTeamLife.

What you’ll be doing...

As a Benefits Manager, you will be responsible for managing the health and welfare programs for Verizon’s retiree population. You will develop benefit plan design and strategy for the retiree population and manage all retiree benefit related contracts.

Additional responsibilities will include:

- Project manage medical plan projects such as RFPs, implementation of vendor changes and/or plan design changes. Ensure alignment across key milestones and program deliverables, including all privacy, legal, security and related requirements are met.
- Monitor healthcare plan vendor reports and recommend plan design changes to address trends. Use data analytics to ensure understanding of impact and outcomes against program objectives. Identify opportunities to gain efficiencies and improve plan performance.
- Manage the day-to-day relationships with key suppliers and outside consultants for retiree benefit related work activities.
- Support SPDs, SBCs, benefit communications, and other plan documents to ensure that all plan provisions are accurately reflected. Assure corporate compliance with laws and regulations governing employer-sponsored health and insurance benefit plans such as ERISA, HIPAA, Affordable Care Act (ACA), etc. Review state and federal laws pertaining to Verizon’s benefits plans, analyze impact of any changes and provide recommendations to Verizon leadership.
- Manage special projects including Annual Enrollment testing to ensure proper plan setup.
- Resolve complex escalated retiree healthcare issues.
- Manage Collective Bargaining Agreement related requirements for retiree medical plan.

Where you’ll be working…

In this role, you'll have a work schedule that includes work from home and assigned office days set by your manager.

What we’re looking for...

You’ll need to have:

- Bachelor's degree or four or more years of work experience.
- Six or more years of relevant work experience required, demonstrated through one or a combination of job-related work experience, military experience, or specialized training or education (non-collegiate).
- Current human resources experience.
- Experience in either a corporate employee benefits department, insurance, or with a healthcare vendor.
- Experience managing vendors and medical plans.
- Willingness to travel.

Even better if you have one or more of the following:

- A degree and/or advanced certifications
- Strong communication skills and ability to build relationships as well as work collaboratively across departments and vendors.
- Excellent financial and analytical abilities.
- Experience in evaluating data and trends into actionable insights that will support a broader plan strategy.
- Ability to survey the external marketplace and understand trends and opportunities outside of Verizon in order to help inform strategy.
- Experience in managing complex projects/competing deadlines.
- Experience with collective bargaining benefits.
- Strong PC skills including Excel, PowerPoint, Access or Google Suite.
- Ability to thrive in a fast paced, matrixed environment.

If Verizon and this role sound like a fit for you, we encourage you to apply even if you don’t meet every “even better” qualification listed above.

## Where you’ll be working
In this hybrid role, you'll have a defined work location that includes working from home and a minimum of three days per week in the office, which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.

## Scheduled Weekly Hours
40

Equal Employment Opportunity

Verizon is an equal opportunity employer. We evaluate qualified applicants without regard to veteran status, disability or other legally protected characteristics.

Benefits and Compensation

Our benefits are designed to help you move forward in your career, and in areas of your life outside of Verizon. From health and wellness benefit options including: medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan, up to 8 company paid holidays per year and up to 6 personal days per year, paid parental leave, adoption assistance and tuition assistance, plus other incentives, we’ve got you covered with our award-winning total rewards package. Depending on the role, employees have the opportunity to receive compensation in the form of premium pay such as overtime, shift differential, holiday pay, allowances, etc. Newly hired employees receive up to 15 days of vacation per year, which grows with additional service. For part-timers, your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles, your compensation will be adjusted to reflect your hours.

The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $111,500.00 - $194,000.00.