Parametric Technology (PTC)

Director, Benefits - North America

Parametric Technology (PTC)$186K — $227K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
  • 10+ years of progressive benefits or Total Rewards experience, with a focus on U.S. benefits programs.
  • Deep expertise in health and welfare, retirement, and leave programs.
  • Strong knowledge of U.S. and Canadian benefits compliance and regulatory requirements.
  • Experience managing benefits consultants, carriers, and third-party administrators.
  • Demonstrated success in leading complex benefits initiatives and vendor negotiations.
  • Excellent communication, presentation, and stakeholder management capabilities.

Responsibilities

  • Develop and execute a comprehensive benefits strategy for North America.
  • Evaluate competitiveness and effectiveness of benefit plans through market and employee feedback.
  • Design and enhance various benefit programs including medical, wellness, and retirement plans.
  • Recommend innovative solutions to improve employee experience while maintaining fiscal responsibility.
  • Oversee relationships with benefits consultants and manage budgets and program costs.
  • Lead annual Open Enrollment planning and ensure effective communication with employees.
  • Drive compliance with relevant regulations and partner with Legal on legislative updates.

Benefits

  • Opportunity to participate in an employee share purchase program (ESPP).
  • Eligible for medical, dental, and vision insurance.
  • Paid time off and sick leave.
  • Tuition reimbursement and 401(k) contributions with employer match.
  • Flexible spending accounts and life insurance options.
Full Job Description
Position Summary

The Director, North America Benefits is responsible for the strategic design, governance, administration, and ongoing optimization of health, welfare, retirement, and well-being programs across the United States and Canada. This role ensures that benefit offerings are competitive, compliant, financially sustainable, and aligned with business objectives.

The Director will serve as the organization's subject matter expert on benefits, partnering closely with HR, Finance, Legal, Payroll, Talent Acquisition, and external consultants to deliver programs that support employee well-being, attract and retain top talent, and enable business success.

Key Responsibilities

  • Develop and execute a comprehensive North America benefits strategy aligned with business objectives and Total Rewards philosophy.


  • Evaluate plan competitiveness and effectiveness through market benchmarking, employee feedback, and utilization analysis.


  • Design and enhance benefit programs, including:


  • Medical, prescription drug, dental, and vision plans


  • Life and disability insurance programs


  • 401(k), retirement, and savings programs


  • ESPP - employee stock purchase program


  • Leave and absence programs


  • Wellness and employee assistance programs


  • Financial well-being initiatives


  • Voluntary and ancillary benefits


  • Recommend innovative benefit solutions that improve employee experience while maintaining fiscal responsibility by developing business cases and cost models. Analyze trends, claims data, and vendor performance to identify opportunities for plan optimization and cost management.


  • Lead relationships with benefits consultants, brokers, insurers, retirement providers, and third-party administrators. Oversee annual renewals and contract negotiations. Manage benefits budgets and forecast program costs.


  • With the team, oversee day-to-day administration and delivery of North American benefits programs


  • Lead annual Open Enrollment planning, execution, and employee communications


  • Ensure accurate plan administration through effective coordination with HR Solutions, Payroll, HRIS, and external vendors


  • Drive continuous process improvements and enhance operational efficiency supporting audits and reporting requirements. Ensure benefits policies, procedures, and documentation are up to date and user friendly for employees.


  • Ensure compliance with all applicable federal, state, provincial, and local regulations, including ERISA, ACA, COBRA, HIPAA, IRS regulations and Canadian benefits and pension regulations


  • Partner with Legal and external advisors to monitor legislative changes and implement required program updates


  • Partner with the Communications and HR teams on communication strategies that improve employee understanding and appreciation of benefit programs


  • Enhance the employee experience through simplified processes and service delivery improvements


  • Support leadership and HR partners in addressing complex benefits-related questions and employee situations


  • Collaborate with HR Business Partners, Compensation, Talent Acquisition, Finance, Legal, and Payroll leaders.


  • Manage and develop benefits team members and foster a high-performance, customer-focused culture


Qualifications

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field.


  • 10+ years of progressive benefits or Total Rewards experience, including significant responsibility for U.S. benefits programs.


  • Deep expertise in health and welfare, retirement, and leave programs.


  • Strong knowledge of benefits compliance and regulatory requirements in the United States and Canada.


  • Experience managing benefits consultants, carriers, and third-party administrators.


  • Demonstrated success leading complex benefits initiatives and vendor negotiations.


  • Strong analytical, financial, and project management skills.


  • Excellent communication, presentation, and stakeholder management capabilities.


  • Experience with Workday is a plus


PTC carefully considers a wide range of factors when determining compensation. The anticipated annual salary range for this position is between $186,300 - $227,500. The salary range reflects a good-faith estimate of compensation at the time of posting.

Actual compensation may vary based on a candidate's skills, qualifications, experience, and location. Eligible employees also have the opportunity to become a PTC shareholder through our employee share purchase program (ESPP) which allows for the purchase of discounted PTC stock. Certain roles may also be eligible for participation in our equity programs. Employees may be eligible for medical, dental and vision insurance, paid time off and sick leave, tuition reimbursement, 401(k) contributions and employer match, flexible spending accounts, life insurance, disability coverage and if you are an office-assigned employee, a generous commuter subsidy. All total rewards and benefits programs are subject to plan eligibility and other terms and conditions.

For more information about PTC's comprehensive benefits, please visit our Careers Page.

Applications will be accepted on an on-going basis.

About Parametric Technology (PTC)

PTC is a global software company that delivers a technology platform and solutions to help companies design, manufacture, operate, and service things for a smart, connected world. The company's solutions transform the way products are created and serviced across the entire product lifecycle - from conception and design to sourcing and service. Founded in 1985, PTC employs approximately 6,500 professionals serving more than 28,000 businesses in rapidly-evolving, globally distributed manufacturing industries.
Learn more about Parametric Technology (PTC)
Size
6,709 employees
Market Cap
$14.2 billion
Industry
Net Income
$118.7 million
Founded
1985
5 Year Trend
+10.7%
Revenue
$1.5 billion
NASDAQ

Similar Jobs

More Jobs at Parametric Technology (PTC)

More Business Services Jobs

Find similar Director, Benefits - North America jobs: