Senior Benefits Strategy Partner

Merck Group • $113K — $169K *
Burlington, MA 01803In-Person
Business Services
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • BA/BS in Human Resources, Business, or a related field
  • 5+ years experience in employee benefits program management
  • Knowledge of health, welfare, retirement, and relevant regulations in the US and Canada
  • Ability to build effective relationships with internal teams and external partners
  • Strong analytical skills to convert data into actionable strategies

Responsibilities

  • Develop and execute benefit strategies for health and welfare and retirement programs
  • Contribute to short- and mid-term benefit strategy alignment with company culture
  • Manage tools for monitoring program costs and identify efficiency opportunities
  • Build partnerships with HR, Finance, Legal, and vendors to meet strategic objectives
  • Conduct market benchmarking to inform benefit program decisions
  • Support vendor management and ensure service quality
  • Prepare data-driven insights and recommendations for program enhancements

Benefits

  • Health insurance
  • Paid time off (PTO)
  • Retirement contributions
  • Flexible hybrid work environment
Full Job Description
Your Role:

The Senior Benefits Strategy Partner supports the execution of our North America benefits strategy and leads assigned areas of focus across health and welfare and retirement programs. The role receives strategic guidance from the Head of Benefits Strategy while independently leading assigned initiatives and collaborating across the organization to optimize benefit programs that attract, retain, and engage talent while managing cost and compliance.

Core Responsibilities:
  • Develop, refine, and execute benefit strategies within assigned areas of focus including health and welfare and/or retirement programs.
  • Contribute to the development and refinement of short- and mid-term benefit strategies aligned to our High Impact Culture.
  • Manage the tools that measure our benefit program costs and identify efficiency opportunities; assist with cost tracking and year-over-year reporting.
  • Build effective partnerships with HR, Finance, Legal, Benefits Operations, and external vendors to support strategic benefit objectives.
  • Conduct market benchmarking and competitive analysis to support benefit program recommendations.
  • Support vendor management activities, including partnering with Benefit Operations and external vendors to ensure service quality and compliance.
  • May assist in due diligence activities related to acquisitions and initial stages of integration of benefit plans under direction.
  • Prepare and present data-driven analyses, business cases, and recommendations to support benefit program decisions.
  • Monitor industry trends, competitive practices, and regulatory developments and recommend program enhancements as appropriate.
  • Review contract terms and ensure alignment with company expectations.
  • Evaluate vendor performance metrics and identify opportunities to improve service delivery and participant experience.
  • Support additional strategic benefit initiatives and special projects as business needs evolve.


Who You Are

Minimum Qualifications:
  • BA/BS in Human Resources, Business, or a related field.
  • Minimum 5 years of experience developing, managing, or consulting on employee benefits programs.
  • Working knowledge of health and welfare, retirement, leave programs, and regulatory requirements relevant to the US and Canada.
  • Demonstrated ability to collaborate, influence, and independently manage effective relationships with internal teams and external partners.
  • Strong analytical and problem-solving skills; ability to translate data into actionable insights.
  • Excellent communication, time management, and organizational skills.


Preferred Qualifications:
  • Experience supporting M&A activities, including benefits due diligence, program gap assessments, and purchase agreement reviews, is preferred.
  • Experience with ERISA, COBRA, HIPAA, and regional regulatory considerations for the US and Canada, including the US leave landscape.
  • AI literacy: experience applying AI-enabled tools to review data, scenario planning, and automation.
  • Ability to support multiple projects with competing priorities.
  • Ability to work independently, take ownership of assigned initiatives, and drive to completion.
  • Detail-oriented with strong execution focus.
  • Comfort working in a fast-paced, evolving environment.
  • Experience supporting benefits communications and benefits operations.


Location: Burlington, MA; Hybrid

Travel:

Pay Range for this position: $113,300.00 - $169,900.00

The offer range represents the anticipated low and high end of the base pay compensation for this position. The actual compensation offered will be determined by factors such as location, level of experience, education, skills, and other job-related factors. Position may be eligible for sales or performance-based bonuses. Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites. For more information click here.

About Merck Group

Merck Group Careers

There has never been a more opportune time to join Merck Group, a leading science and technology company in healthcare, life science, and performance materials. Merck Group offers a plethora of job opportunities that cater to a variety of skills and professional aspirations, making it an ideal environment for both seasoned experts and those at the start of their career journey.

Work You’ll Do

At Merck Group, every team member contributes to breakthrough innovations in healthcare, life sciences, and electronics. The company's commitment to diversity and innovation fuels its leadership in various sectors, driving growth and transformation globally. Merck Group’s career paths are diverse, offering positions that challenge individuals to use their skills in new ways every day, supported by robust training programs and development opportunities.

Explore Job Opportunities and Growth

Merck Group is not just about jobs; it's about building a career. With a vast array of positions, from research and development to marketing and sales, the company is keen on hiring and nurturing talent to lead industry transformation. Merck Group’s dedication to professional growth is evident in its comprehensive benefits package and performance management processes that aim to maximize individual potential.

Internship Programs

Starting with an internship at Merck Group can be a pivotal step in securing a prosperous career. Interns gain invaluable industry experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies. Internships often lead to full-time employment opportunities, providing a seamless transition from education to professional employment.

Inclusive Culture and Leadership

Merck Group is proud of its inclusive culture that embraces diversity and fosters an environment where all employees can thrive. The company’s leadership is committed to creating a workplace where diverse ideas lead to innovative outcomes. Merck Group also offers diversity training to ensure all team members are equipped to contribute to the company’s inclusive goals.

Networking and Professional Development

Employees at Merck Group are encouraged to engage in networking and professional development activities that enhance their career trajectories. The company hosts various networking events, workshops, and seminars that are designed to hone skills and foster connections within the industry. Leadership development programs are also a cornerstone, preparing employees for future roles of increased responsibility.

Stay Connected with Merck Group Careers

Interested candidates can explore open positions that match their skills and interests through the Merck Group careers page. The company values curious, creative, and solution-driven team players who are eager to make an impact.

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights from Merck Group professionals. These resources are invaluable for those looking to advance their careers and stay ahead in a competitive job market.

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SEARCH MERCK GROUP JOBS

READ CAREERS BLOG

Merck Group is continuously looking for individuals who are ready to drive innovation and lead in the global marketplace. Whether through full-time positions, internships, or leadership roles, Merck Group offers a career path filled with opportunities for growth, learning, and leadership.
Learn more about Merck Group
Industry
Pharmaceuticals & Biotech
* Ladders Estimates

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