Director, U.S. Medical Plans
EATONBeachwoodUpdate time: August 16,2021
Job Description
As the Director of U.S. Medical Plans, you will manage the day to day operations and strategy of Eaton’s US Medical health and welfare plans while serving as the expert on external up-to-date knowledge of U.S. medical plan trends, including developments in treatments, provider reimbursements and service delivery methods. In this role you will report to the Vice President of Global Benefits and work closely with other leaders in the Human Resource division as well as Finance & Accounting. Essential functions include: Creating annual strategy proposals, including plan design and contributions, using an analytical, data driven approach. Works with Director, Global Wellness to identify opportunities for wellness strategies globally based on analytical findings. Coordinates all U.S. medical plan vendor interaction and activity, continually looking for cost-out opportunities. Leads US vendor integration efforts ensuring appropriate metrics, data flows, contracting and PG’s are in place control health care spend. Works closely with director, Benefits Accounting in setting plan design, profit plan, and reconciling monthly forecasts. Monitors monthly, quarterly and annual medical spending trend and determines the appropriate cost mitigation strategies. Leads monthly medical spend analysis and reporting to senior management. With corporate legal, ensures compliance with ERISA, HIPAA and EEOC regulations for all health and welfare programs. Responsible for managing a staff of 2, and communicating regularly with senior leadership, including C-level executives. Qualifications Basic Qualifications: Bachelor’s degree from an accredited institution required Minimum of 10 years of broad-based health and welfare experience, including particular knowledge on plan design, strategy and data analytics Must be authorized to work in the U.S. on an ongoing basis without company sponsorship Preferred Qualifications: Bachelor’s degree in mathematics; Master’s degree and Certified Employee Benefits Specialist (CEBS) designation preferred Position Criteria: Highly analytical problem solver with demonstrated experience in medical trend analysis, claims analysis and medical trend reduction strategies. Experience in project management and budgeting Good communications skills, written and verbal Communicate effectively with a broad range of employees from factory workers to senior management. Multi-task various simultaneous projects and activities Effectively managed previous multi-discipline efforts and cross vendor work Experience with broad-based analytics People management experience preferred We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters. We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters. Job: Human Resources Region: North America – US/Puerto Rico Organization: Corporate Sector Job Level: Director Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No Does this position offer relocation?: Relocation from within hiring country only Travel: Yes, 25 % of the Time
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