Senior Benefits Manager - Portfolio Strategy

About the DepartmentImagine being a part of a team committed to helping people defeat diabetes and other serious chronic conditions. Here at Novo Nordisk, we seek out opportunities to contribute to healthier communities and better lives for all people. And, that’s what you’ll gain by joining Novo Nordisk’s People & Organization team. Our P&O team is passionate about their purpose – enabling business success the Novo Nordisk Way by turning the Company’s business strategy into an actionable workforce strategy. A strategy which captures the entire employee life-cycle. At Novo Nordisk, you will join an inclusive team of diverse talent and benefit from a range of possibilities for professional and personal development. Are you ready?The PositionServe as a Benefits Partner with a focus on data insights & innovation. Partner with stakeholders to identify benefit priorities. Perform analysis to identify cost drivers, utilization levels and market trends. Evaluate and compare existing company benefits with those of other employers. Develop specific recommendations for review by leadership to ensure that the benefit programs remain competitive, cost effective and support lasting health. Lead requests for proposals (RFPs) and implementation of new or modified employee benefits programs and services. Perform ongoing vendor performance and help ensure compliance with applicable laws and regulations.RelationshipsReports to the Director, Benefits Portfolio. Interacts with personnel at all levels of the HR community and Novo Nordisk affiliates, including cross functional departments such as Finance, Procurement and Legal. External relationships include vendors and consultants. Plays an important internal consultant role with broader Global Total Rewards Development team and with the broader People, Leadership and Performance (PLP) COE which includes Leadership & Learning, Culture, Total Rewards and Mobility.Essential FunctionsContribute to the development of annual and multi-year benefits strategy with a focus on ensuring benefits remain competitive, cost effective and support lasting health. Develop specific recommendations for review by management based on the following:Collaborate with internal stakeholders to identify prioritiesPerform analysis to identify cost drivers, utilization levels and market trendsComplete benchmarking by evaluating and comparing existing company benefits with those of other employers using surveys and other sources of informationInnovate wellness and work/life/voluntary benefits strategyLeverage AI to develop options that help drive a highly effective organization and reinforce our reputation and position in the marketDevelop, implement and manage procedures relating to benefit plan compliance with federal, state and local regulations, including HIPAA, COBRA, FMLA, ADA, ERISA, Internal Revenue Code, etcInterpret benefit plan provisions and resolve associated conflictsManage flexible work options program and other work/life/voluntary benefits as neededLead requests for proposals (RFPs) and contract renewal negotiationsImplement new benefit programs and approved benefit changes with applicable vendor partnersMaintain vendor relationships and ensure timely, accurate, compliant delivery of services. Ensure SLA's are achieved and/or action plans developed and implemented to address deficienciesContribute to development and maintenance of a benefits communication strategyProactive thought leadership and effective collaboration across the Global PLP COE various functional areasContribute benefits subject matter expertise to any global design or long-term strategy for the North America Region and/or broader company strategyParticipate in benefit committees and counsels; serve as chairperson as needed in Benefits Director absenceSupport new business development including review and analysis of benefits offerings and seamless integration of new employees into benefitsSupport key ad-hoc deliverables as neededPhysical RequirementsThis position can be based in Lexington, MA or Plainsboro, NJ.30%-40% overnight travel required.QualificationsA Bachelor’s degree required; relevant experience may be substituted for degree, when appropriateAdvanced degree and/or certification (CEBS or CBP) in a benefits related area or progress toward obtaining preferredA minimum of ten years of progressively responsible experience in HR or related industry with at least eight years in BenefitsPrevious administration and design experience with self-insured medical and 401(k) plans required. Previous experience with disability / leave administration and large corporations (1000+ employees) preferredMust have a working knowledge of IRS, ERISA, COBRA, HIPAA, ADA and FMLA rules and regulations as they pertain to employee benefitsTrack record of accomplishment in benefits benchmarking, cost/financial analysis, benefits design, benefit administration, employee communications, leadership presentations and vendor management requiredAbility to effectively plan, prioritize, execute and follow-up in a timely manner required. Proven ability to work across functional areas with all levels of stakeholders both locally and globallyExceptional collaboration skills, strong relationship building and stakeholder management required. Flexibility to meet business needs while moving key initiatives and priorities forwardStrong analytical capabilities and ability to synthesize complex information into user-friendly, persuasive formats and presentations requiredExcellent written, verbal, interpersonal communication and presentation skills requiredDemonstrated solid problem solving and analytical ability requiredProficiency in Microsoft Word, Excel, PowerPoint and Outlook requiredExperience in benefit negotiations with plan vendors and consultants preferredExperience with new business development (including mergers, acquisitions and divestitures) and associated benefit-related due diligence processes / compliance requirements preferredExperience with artificial intelligence platforms, agents and/or digital innovation solutions within the Total Rewards field preferredThe base compensation range for this position is $120,300 to $222,600. Base compensation is determined based on a number of factors. This position is also eligible for a company bonus based on individual and company performance. Novo Nordisk offers long-term incentive compensation and or company vehicles depending on the position's level or other company factors.Employees are also eligible to participate in Company employee benefit programs including medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; employee assistance program; tuition reimbursement program; and voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance. The Company also offers time off pursuant to its sick time policy, flex-able vacation policy and parental leave policy.We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.At Novo Nordisk, we're not chasing quick fixes – we're creating lasting change for long-term health. For over 100 years, we've been driven by a single purpose: to defeat serious chronic diseases and help millions of people live healthier lives. This dedication fuels our constant curiosity and inspires us to push the boundaries of what's possible in healthcare. We embrace diverse perspectives, seek out bold ideas, and build partnerships rooted in shared purpose. Together, we're making healthcare more accessible, treating and defeating diseases, and pioneering solutions that create change spanning generations. When you join us, you become part of something bigger – a legacy of impact that reaches far beyond today.Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at View phone number on click.appcast.io. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.