Thermo Fisher Scientific

Manager, Health and Benefits Strategy

Thermo Fisher Scientific$130K — $194K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years in health and insurance benefits management, including vendor management and analysis
  • Experience in corporate benefits, consulting, or insurance environments
  • Bachelor's degree in HR, Business, Healthcare Administration or related field, or equivalent experience
  • Strong problem-solving and project management abilities
  • Proficiency with digital and AI-enabled productivity tools

Responsibilities

  • Manage health and insurance benefits portfolio with a focus on U.S. and Canadian markets
  • Evaluate program performance and recommend actions for improvement
  • Drive initiatives to optimize costs and enhance colleague experiences
  • Develop business cases and executive recommendations for benefits decisions
  • Collaborate with finance, HR, legal, and vendors to support decision-making
  • Translate approved benefits strategies into implementation plans
  • Coordinate communications and engagement strategies for benefit programs
  • Track audits and contribute to portfolio reporting and updates

Benefits

  • Choice of national medical, dental, and vision plans with health incentives
  • Access to employee assistance and family support programs
  • At least 120 hours paid time off (PTO) plus 10 paid holidays and paid parental leave
  • Retirement savings via a competitive 401(k) plan
  • Employee Stock Purchase Plan (ESPP) offering discounted company stock
Full Job Description

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

In this Manager, Health and Benefits Strategy role, you will manage an assigned portfolio of health and insurance benefits. This role will contribute to health, insurance and wellbeing benefit strategy by evaluating program performance, identifying opportunities to improve effectiveness and cost efficiency and supporting development of recommendations to leadership.

We are seeking a highly analytical, resourceful problem solver who can operate independently in a fast-paced environment. This role supports colleague attraction, retention and motivation by ensuring our benefits align with Company and HR objectives.

What you will do:

  • Manage strategic program oversight for an assigned portfolio of health, insurance and voluntary benefits, primarily in the U.S. and Canada, with flexibility to support multiple areas based on business priorities.
  • Evaluate plan, program, and vendor performance using established measures including utilization, engagement, outcomes, service, cost and colleague experience, and recommend actions to improve effectiveness.
  • Drive initiatives to strengthen program performance, manage claim trends, optimize costs, improve colleague experience and address emerging issues across the benefits portfolio.
  • Develop business cases, benchmarking analyses, and executive-ready recommendations to support benefits decisions and leadership reviews.
  • Partner with internal stakeholders (finance, legal, HR, procurement), external consultants, and vendor partners to assess options, support decision-making and coordinate implementation of approved changes.
  • Translate approved recommendations into implementation plans and monitor results after launch.
  • Coordinate and assess communication and engagement plans for benefit programs.
  • Track audits and contribute to broader portfolio reporting and leadership updates.

How you will get here:

Experience:

  • At least 5-7 years of progressively responsible experience in health and insurance benefits, including program management, vendor management, analysis and development of business recommendations.
  • Experience gained in a corporate benefits function, benefits consulting or brokerage firm, insurance carrier, health plan or benefits vendor environment.

Education:

  • Bachelor's degree in Human Resources, Business Administration, Healthcare Administration or related analytical field; or equivalent experience

Skills:

  • Strong project management and problem-solving skills
  • Strong analytical skills with the ability to interpret data, identify material trends and cost drivers, evaluate assumptions and conclusions and develop data-driven recommendations
  • Ability to work effectively with consulting, finance, clinical, legal, benefits operational and other specialists and translate their analyses into practical benefits strategies and tactics
  • Excellent oral and written communication skills with the ability to connect with all levels of the organization
  • Attention to detail, flexibility and ability to prioritize and take initiative
  • Intellectual curiosity that drives independent research and analysis
  • Proficiency with AI-enabled productivity tools, digital spreadsheet tools and presentation software to analyze data, streamline work and prepare high-quality deliverables

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $130,000.00–$194,950.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs

  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement

  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy

  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

  • Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards

About Thermo Fisher Scientific

Thermo Fisher Scientific Careers

Join the vibrant team at Thermo Fisher Scientific, a global leader in serving science and making the world healthier, cleaner, and safer. With a workforce of over 75,000 professionals, Thermo Fisher Scientific offers unparalleled job opportunities and a culture of innovation that propels your career to new heights. Work You’ll Do At Thermo Fisher Scientific, you will be part of a team that is dedicated to enabling our customers to make the world healthier. Whether you are involved in the development of life-saving drugs or innovative environmental solutions, your work will have a profound impact on society. Our commitment to leadership in the industry is unwavering. With Thermo Fisher Scientific, you will lead projects that set standards in scientific inquiry and market leadership. You will work at the intersection of science, technology, and industry expertise, driving digital innovation in every aspect of our business. Join our diverse team of professionals and engage in roles that span across various functions and disciplines. From research and development to marketing and sales, the breadth of job opportunities available means that you can find the perfect match for your skills and passions. Innovative Work As part of our team, you will have access to cutting-edge tools and technologies that foster creativity and innovation. Thermo Fisher Scientific is home to a dynamic range of career paths, all designed to challenge you and help you grow as a professional. Our employment philosophy emphasizes diversity and inclusivity, ensuring that all team members have the opportunity to thrive. We believe in nurturing talent through robust training programs, leadership development, and opportunities for career advancement. Be Part of a Great Team Working at Thermo Fisher Scientific means being part of a global network of enthusiastic, talented, and ambitious individuals. Our culture is built on collaboration, where each member’s unique skills and perspectives are valued. You will enjoy benefits that support both your professional growth and personal well-being. Future-Proof Your Career Embark on a journey of growth and continuous learning with Thermo Fisher Scientific. We offer a variety of training and development programs that cater to your interests and career goals. From internships for budding scientists to leadership training for aspiring executives, our programs are designed to equip you with the skills needed for a successful and fulfilling career. Explore Discover how our commitment to innovation leads to advancements in health and science: [Read More] Learn about our leadership in environmental sustainability and how you can contribute: [Read More] The Thermo Fisher Scientific Difference Our global presence and commitment to innovation mean that your work extends beyond borders and makes a tangible impact worldwide. The collaboration between our teams drives our leadership in the scientific community and contributes to a culture that embraces diversity and fosters professional growth. Stay Connected Join Our Team Search open positions that match your skills and interest. We are always on the lookout for passionate, curious, and driven team players. Explore our job opportunities and find out how you can contribute to our meaningful work. SEARCH THERMO FISHER SCIENTIFIC JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Thermo Fisher Scientific.
Learn more about Thermo Fisher Scientific
Size
130,000 employees
Market Cap
$213.3 billion
Industry
Net Income
$6.3 billion
Founded
1956
5 Year Trend
+16.5%
Revenue
$32.2 billion
NASDAQ

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