Bally's Corporation

Executive Director of Benefits

Bally's Corporation$125K — $150K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of benefits administration experience, with 5-7 years focused on strategy and design.
  • Thorough understanding of federal and state regulations related to employee benefits, such as ERISA and FMLA.
  • Proven expertise in vendor management, including negotiation and provider relations.

Responsibilities

  • Set annual priorities and strategic direction for employee benefit programs in alignment with company goals.
  • Ensure compliance of benefit plans with federal and state laws and regulations.
  • Conduct evaluations of benefits coverage to assess cost-effectiveness and competitiveness.
  • Manage vendor relationships, overseeing service levels and data accuracy.
  • Communicate benefits programs effectively to employees to enhance understanding and engagement.
  • Lead a team of benefits professionals to achieve departmental objectives.

Benefits

  • Competitive salary with annual performance reviews.
  • Bonus eligibility, rewarding high performance.
  • Comprehensive health coverage plan (medical, dental, and vision).
  • 401(K) plan with company match.
  • Access to employee perks and childcare discounts.
Full Job Description
The Role:

This position is responsible for comprehensive, competitive employee benefit programs for the Company; and responds to employee and management needs regarding benefits, retirements, disabilities, and leaves. This position is also responsible for the implementation of a strategic wellness program, Workman's Compensation and return-to-work program for all properties.

Responsibilities:
  • Establish annual priorities and overall strategic direction, ensuring that all benefit and retirement programs are aligned with the company's annual and long-term strategic objectives. Analyze current and developing legislation, healthcare regulations and other environmental factors impacting plan performance and program competitiveness.
  • Ensure that benefit plans are administered in compliance with all federal and state laws and regulations including, but not limited to, ERISA, DOL, IRS.
  • Conduct annual evaluations of coverage and policies to assess cost effectiveness and competitiveness. Lead financial, strategic and statistical analysis involved in designing, developing and managing benefit and retirement programs.
  • Manage relationships with vendors, brokers and carriers, including monitoring of cost, service levels, processes, and accuracy of data. Lead negotiations and renewals with providers including governance, contract compliance, issues management, communications frequency, schedule and approach.
  • Oversee the effective communication of the company's employee benefits plans and program to optimize impact and understanding.
  • Lead, develop and motivate a team of benefits professionals in accomplishing goals associated with the benefits function and its objectives

Competencies:
  • Technical Capacity.
  • Communication Proficiency.
  • Problem Solving/Analysis.
  • Organization Skills.
  • Teamwork Orientation.
  • Time Management

Qualifications:
  • 10+ years of benefits administration with at least five to seven years of plan strategy and design experience
  • Experience with all pertinent federal and state regulations, filing and compliance requirements (i.e., ERISA, COBRA, FMLA, ADA)
  • Experience working with multiple vendors, including vendor management and negotiations.

What's in it for you:
  • Competitive salary with annual performance reviews
  • Bonus eligibility
  • Comprehensive health coverage plan that includes medical, dental, and vision
  • 401(K)/ Company Match
  • Access Perks and Childcare discounts

Target Compensation:
  • $125,000- $150,000 Annual Salary

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

About Bally's Corporation

Bally's Corporation is a holding company that owns and manages 11 casinos across seven states. The company was founded in 1975 and is headquartered in Reno, Nevada. Bally's casinos offer a variety of gaming options, including slot machines, table games, and sports betting. The company also operates a horse racing track in New Jersey. In 2020, Bally's Corporation acquired the sports betting platform Bet.Works and plans to expand its online gaming offerings. The company is publicly traded on the New York Stock Exchange under the ticker symbol BALY.
Learn more about Bally's Corporation
Size
4,800 employees
Market Cap
$877 million
Industry
Net Income
-$5.4 million
5 Year Trend
+26.1%
Revenue
$372.7 million

Similar Jobs

More Jobs at Bally's Corporation

More Business Services Jobs

Find similar Executive Director of Benefits jobs: