Executive Director, Benefits

ITT Inc.-English

$201K — $342K *
Business Services
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Human Resources, Business Administration or related field.
  • 15+ years of benefits experience with positions of increasing responsibility.
  • Experience managing benefits for a large, complex organization.
  • Deep expertise in U.S. benefit plans, regulations, and market trends.
  • Proven merger & acquisition due diligence and benefit integration experience.
  • Experience in managing teams and projects.

Responsibilities

  • Lead the global employee benefits strategy and program design.
  • Communicate benefit plan design and financial implications to senior leadership.
  • Collaborate with HR and business leaders to enhance benefit plans and ensure compliance.
  • Utilize employee feedback to improve benefits offerings continuously.
  • Manage vendor relationships and oversee U.S. benefit budgeting and forecasting.
  • Ensure compliance with applicable laws and regulations.
  • Lead benefits integration during mergers and acquisitions.

Benefits

  • Health insurance options for employees.
  • 401(k) retirement plan to support financial health.
  • Short and long-term disability coverage for added security.
  • Paid time off to promote work-life balance.
  • Growth and developmental opportunities to enhance career paths.
Full Job Description
Position Summary

The Executive Director, Global Benefits is responsible for the strategy, design, governance, and execution of global employee benefit programs. Reporting to the Vice President, Total Rewards, this role will lead the development of competitive, compliant, and cost-effective benefit offerings that support the company's business objectives and global workforce strategy. This individual will serve as the enterprise expert on U.S. employee benefits and play a critical role in the integration of benefits programs for acquired companies.

Essential Responsibilities

Benefits Strategy & Design
  • Serve as a thought leader on emerging trends in global employee benefits, including wellbeing and mental health.
  • Lead the strategy, design, implementation and ongoing administration of U.S. employee benefit programs including health and welfare, well-being and leave management.
  • Clearly communicate benefit plan design and financial implications to senior leadership and influence decision-making.
  • Partner with HR leaders across the globe to ensure consistency in philosophy, share best practices, and support plan design and insurance renewals.
  • Partner with business leaders, finance, legal, HR and communications to optimize the design and cost of benefit plans while also driving employee value and understanding.
  • Utilize data and employee feedback to continuously improve offerings and address evolving workforce needs.

Vendor, Financial & Risk Management
  • Manage U.S. benefit, leave and retirement vendor and consultant relationships and RFPs.
  • Partner with finance to provide U.S. benefit budget, forecasting, cost modeling and financial reporting.
  • Ensure adherence to all applicable laws and regulations (e.g., ERISA, ACA, HIPAA, COBRA, FMLA).

Mergers, Acquisitions and Divestitures:
  • Lead benefits-related due diligence and value capture integration activities.
  • Develop and implement cost-effective benefit transition strategies for acquired companies.

SKILLS AND COMPETENCIES:
  • Strong analytical and financial acumen with the ability to interpret data and drive insights.
  • Exceptional communication and interpersonal skills, with the ability to influence and build trust across all levels.
  • Strategic mindset with operational excellence and attention to detail.


Position Requirements

  • Bachelor's degree in Human Resources, Business Administration or a related field.
  • 15+ years of benefits experience with positions of increasing responsibility.
  • Experience and success in managing benefits for a large, complex organization.
  • Deep expertise in U.S. benefit plans, regulations, reporting requirements and market trends.
  • Merger & Acquisition due diligence and benefit integration experience.
  • Experience managing people, teams and projects.
  • S. public company experience.

Preferred:
  • Human Resources or Benefits-related certification (CEBS, GBA, SPHR, or SHRM-SCP).
  • Experience working with collective bargaining units (unions and/or works councils).
  • Proficiency in HRIS systems and benefits platforms.


Equal Pay Act Statement

We aim to pay our 'ITT'ers' fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on 'what' they accomplish, but also on 'how' they reflect ITT's values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range

Equal Pay Act Range Annual salary range is from $201,600.00/Yr. Max $342,200.00/Yr., plus benefits & incentive plans

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