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Senior Benefits Strategy Partner

$54.47 - $81.68 per hour
Full-time

Merck

Work Location: Burlington, MassachusettsShift: NoDepartment: EF-HR-RC Country RewardsRecruiter: Shelby Elizabeth BriggsThis information is for internals only. Please do not share outside of the organization.Your Role:The Senior Benefits Strategy Partner supports the execution of our North America benefits strategy and leads assigned areas of focus across health and welfare and retirement programs. The role receives strategic guidance from the Head of Benefits Strategy while independently leading assigned initiatives and collaborating across the organization to optimize benefit programs that attract, retain, and engage talent while managing cost and compliance.Core Responsibilities:Develop, refine, and execute benefit strategies within assigned areas of focus including health and welfare and/or retirement programs.Contribute to the development and refinement of short- and mid-term benefit strategies aligned to our High Impact Culture.Manage the tools that measure our benefit program costs and identify efficiency opportunities; assist with cost tracking and year-over-year reporting.Build effective partnerships with HR, Finance, Legal, Benefits Operations, and external vendors to support strategic benefit objectives.Conduct market benchmarking and competitive analysis to support benefit program recommendations.Support vendor management activities, including partnering with Benefit Operations and external vendors to ensure service quality and compliance.May assist in due diligence activities related to acquisitions and initial stages of integration of benefit plans under direction.Prepare and present data-driven analyses, business cases, and recommendations to support benefit program decisions.Monitor industry trends, competitive practices, and regulatory developments and recommend program enhancements as appropriate.Review contract terms and ensure alignment with company expectations.Evaluate vendor performance metrics and identify opportunities to improve service delivery and participant experience.Support additional strategic benefit initiatives and special projects as business needs evolve.Who You Are Minimum Qualifications:BA/BS in Human Resources, Business, or a related field.Minimum 5 years of experience developing, managing, or consulting on employee benefits programs. Working knowledge of health and welfare, retirement, leave programs, and regulatory requirements relevant to the US and Canada.Demonstrated ability to collaborate, influence, and independently manage effective relationships with internal teams and external partners.Strong analytical and problem-solving skills; ability to translate data into actionable insights.Excellent communication, time management, and organizational skills.Preferred Qualifications:Experience supporting M&A activities, including benefits due diligence, program gap assessments, and purchase agreement reviews, is preferred.Experience with ERISA, COBRA, HIPAA, and regional regulatory considerations for the US and Canada, including the US leave landscape.AI literacy: experience applying AI-enabled tools to review data, scenario planning, and automation.Ability to support multiple projects with competing priorities.Ability to work independently, take ownership of assigned initiatives, and drive to completion.Detail-oriented with strong execution focus.Comfort working in a fast-paced, evolving environment.Experience supporting benefits communications and benefits operations.Location: Burlington, MA; HybridTravel: <10%, International and DomesticPay Range for this position: $113,300.00 - $169,900.00 The offer range represents the anticipated low and high end of the base pay compensation for this position. The actual compensation offered will be determined by factors such as location, level of experience, education, skills, and other job-related factors. Position may be eligible for sales or performance-based bonuses. Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites. For more information click here.The Company is an Equal Employment Opportunity employer. No employee or applicant for employment will be discriminated against on the basis of race, color, religion, age, sex, sexual orientation, national origin, ancestry, disability, military or veteran status, genetic information, gender identity, transgender status, marital status, or any other classification protected by applicable federal, state, or local law. This policy of Equal Employment Opportunity applies to all policies and programs relating to recruitment and hiring, promotion, compensation, benefits, discipline, termination, and all other terms and conditions of employment. Any applicant or employee who believes they have been discriminated against by the Company or anyone acting on behalf of the Company must report any concerns to their Human Resources Business Partner, Legal, or Compliance immediately. The Company will not retaliate against any individual because they made a good faith report of discrimination.

Vacancy posted 19 hours ago
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