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Description
Introduction
Do you want to join an organization that invests in you as a Director Employee Benefits Finance and Strategy? At HCA Healthcare, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the course of three years.
Benefits
HCA Healthcare, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:
Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as telemedicine services and free AirMed medical transportation.
Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
Fertility and family building benefits through Progyny
Free counseling services and resources for emotional, physical and financial wellbeing
Family support, including adoption assistance, child and elder care resources and consumer discounts
401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
Employee Stock Purchase Plan
Retirement readiness and rollover services and preferred banking partnerships
Education assistance (tuition, student loan, certification support, dependent scholarships)
Colleague recognition program
Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
Learn more about Employee Benefits
Note: Eligibility for benefits may vary by location.
You contribute to our success. Every role has an impact on our patients’ lives and you have the opportunity to make a difference. We are looking for a dedicated Director Employee Benefits Finance and Strategy like you to be a part of our team.
Job Summary and Qualifications
As Director Employee Benefits Finance and Strategy, you will provide forward-thinking leadership to mitigate plan costs and successfully navigate the ever-changing regulatory environment. You will create cost and network efficiencies through improved expense management and program design. You will provide credible analysis, benchmarking and recommendations to executive leadership to drive and validate decisions on overall employee benefit strategy and to ensure goals align with HCA’s overall strategy. You will also mitigate financial risks through oversight of benefit plan financials, vendor negotiations and accounting processes. You will utilize analytic framework and finance foundation to drive sound business decisions for the employee benefits COE.
Your responsibilities will include:
Partner with benefits COE leadership to provide strategic direction on all benefit plan design and financial modeling to manage $2B in plan expense and align strategies with overall targets set by executive leadership.
Leverage analyst team, actuarial resources and third party analytic partners to identify key areas of opportunities for increased steerage to HCA affiliates.
Work with clinical partners, hospital operators and Payer Contracting & Alignment (PCA) to leverage clinical centers of excellence and growing lines of business through evaluating and identifying pilot programs for the employee benefit plans.
Evaluate third party vendor’s product offerings and pricing competitiveness to identify cost reduction opportunities and ensure added value for employees and HCA.
Oversee financial accounting for COE and work with Corporate Accounting and HRG Finance to develop best practices.
Guide the HCA Development team on acquisitions to identify financial risks related to benefits expense and develop plans and pricing to integrate new facilities into HCA’s benefit strategy.
Develop and enhance performance guarantees with third party administrators to maximize financial performance.
Ensure financial controls are in place to protect assets of employee benefit plan and work with internal and external audit partners to validate and test controls.
Direct monthly incurred but not reported (IBNR) reserve process at corporate level to maintain adequate liability on books.
Provide relevant and actionable analytics and reporting to executive leadership for all benefit financials. Develop dashboard to monitor ongoing expense trends.
Financial leadership and management skills
Leadership skills to motivate and influence benefits team and matrix partners; provide recommendations to Sr. Leadership
Strong knowledge of employee benefits industry, products and trends
What qualifications you will need:
Bachelors Degree is required
7+ years of experience in the field of healthcare (Insurance, Hospital Finance, Analytics, Consulting, etc.) is required
Managerial experience is preferred
Medical Actuarial or Underwriting background is preferred
Hospital finance experience is preferred
Human Resources Group empowers our people to grow and give purpose to the HCA Healthcare culture. We deliver our Human Resource model in three sectors: HR Business Partners, HR Shared Operations and HR Centers of Excellence. HR Business Partner teams are critical to the success of our HR delivery model. We drive performance to achieve successful results to better care for our patients, communities and each other.
HCA Healthcare has been recognized as one of the World’s Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated $3.7 billion in cost for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.
In recent years, HCA Healthcare spent an estimated $3.7 billion in cost for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.
“Good people beget good people.”- Dr. Thomas Frist, Sr.
HCA Healthcare Co-Founder
We are a family 270,000 dedicated professionals! Our Talent Acquisition team is reviewing applications for our Director Employee Benefits Finance and Strategy opening. Qualified candidates will be contacted for interviews. Submit your resume today to join our community of caring!
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
This position is incentive eligible.
