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Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Director, U.S. Benefits

Our location in Abbott Park, Illinois currently has an opportunity for a Director, U.S. Benefits.

WORKING AT ABBOTT:

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life.

You’ll also have access to:

• Career development with an international company where you can grow the career you dream of

• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

• An excellent retirement savings plan with high employer contribution

• Tuition reimbursement, the Freedom 2 Save (https://www.abbott.com/corpnewsroom/strategy-and-strength/tackling-student-debt-for-our-employees.html) student debt program and FreeU (https://www.abbott.com/corpnewsroom/strategy-and-strength/college-degree-for-free-its-possible-with-freeu.html) education benefit - an affordable and convenient path to getting a bachelor’s degree

• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune

• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists

WHAT YOU’LL DO:

• Position provides vision, leadership, strategy development, and recommendations on benefit programs, including program design, vendor or consultant selection, and implementation planning and execution.

• Develop recommendations to senior management for US, welfare and other benefit programs for employees and retirees.

• Management responsibility for U.S. health and welfare benefits in excess of $300 million annually.

• Manage cross-functional implementation teams for new benefit programs.

• Supports M & A benefit projects.

• With global purchasing and corporate legal, negotiate contracts with vendors, develop performance guarantees that tie vender financial risk to key areas of performance.

• Plan and manage implementation of benefit plans for the integration or continuation of benefits for acquired companies.

• Manage consultants for specific projects to ensure appropriate scope, fees and deliverables.

• Track industry trends and impact of proposed legislation on Abbott’s benefit plans.

• Provide expert counsel for enrollment of employees in benefit plans including training of benefit counselors, developing employee materials and presentations, reviewing modeling tools, providing employee presentations to explain benefit options, and providing plan detail and clarifications as needed to Benefits Administration team to ensure that employees are adequately informed.

• Develops and delivers presentations to employees and management on benefit plans and changes as needed.

• Manages benefit administration suppliers including advocacy/care coordination, health, dental, prescription and life insurance vendors.

• Oversees ongoing benefits administration for health and welfare benefit programs and provides guidance for strategic updates and compliance requirements.

• Supports financial development and reporting and management of Truven health database.

• Coordinates issue management with payroll feeds and all other vendor interfaces between other internal Abbott departments and vendors.

ACCOUNTABILITY:

• Position has primary responsibilities for benefits in U.S.

EDUCATION AND EXPERIENCE YOU’LL BRING:

• Bachelors required, MBA preferred.

• Minimum 15 years’ experience in domestic benefits including in-depth knowledge of benefit laws such as ERISA, COBRA, HIPAA and ACA.

• Must have strong understanding of compliance and reporting requirements and benefit plans as well as IRC tax code.

• Must have ability to work cross functionally with finance, legal, HR, IT and payroll teams.

• Ability to understand and interpret market and regulatory changes and recommend strategic changes as business conditions evolve.

• Proven experience in developing strong relationships and successful interfacing with all organizational levels.

• Strong technical, analytical and communication skills.

• Ability to understand and manage complex projects within budget and timelines.

APPLY NOW :

Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com (http://www.abbottbenefits.com/pages/candidate.aspx)

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com , on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal

The base pay for this position is $143,300.00 – $286,700.00. In specific locations, the pay range may vary from the range posted.

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email corpjat@abbott.com