Description
The Principal Associate, Benefits Plan Program Management plays a critical role in ensuring the seamless delivery, administration, and continuous improvement of the organisation's Health & Wellness and voluntary benefit programs.
Key Responsibilities
1. Vendor Management & Governance
- Manage a portfolio of vendors, including on-site clinics, dental, vision, mental health, education, family support, and commuter benefits.
- Develop trust-based relationships with vendors and cross-functional partners to drive work forward.
- Monitor vendor adherence to Service Level Agreements (SLAs) and performance guarantees (PGs).
- Partner with Enterprise Supplier Management (ESM) to execute vendor management tasks.
- Create analytics to leverage data and recommend plan or program improvements.
2. Operations & Program Administration
- Resolve complex issues and track items with vendors.
- Manage annual program implementation changes with vendors.
- Handle administrative tasks related to assigned plans.
- Maintain internal intranet pages for benefit program information.
3. Associate Experience
- Own complex employee escalations for assigned plans.
- Understand associate experience to recommend and execute improvements.
- Oversee the monthly benefits and wellbeing newsletter.
- Leverage data to support key messages and partner with HR Communications.
4. Strategic Initiatives & Growth
- Support Request for Proposals (RFPs) and Request for Information (RFIs) for new or expiring benefit programs.
- Handle program implementation changes with vendors.
- Stay current on benefits products, industry innovations, and regulatory changes.
5. Documentation
- Author and maintain standard operating procedures (SOPs) for vendor management and escalation workflows.
Basic Qualifications
- Bachelor's Degree or military experience.
- 3+ years of experience working with H&W employee benefit plan vendor management.
Preferred Qualifications
- MBA or Master's Degree.
- Certified Employee Benefit Specialist (CEBS) or Certified Benefits Professional (CBP) designation.
- 4 years of experience in H&W employee benefits for organisations with 10,000+ employees.
- 5 years of experience with benefits vendor management.
Salary Information
- McLean, VA: $120,800 - $137,900 per year.
- Richmond, VA: $109,900 - $125,400 per year.
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https://capitalone.wd12.myworkdayjobs.com/en-US/Capital_One/job/Richmond-VA/Principal-Associate--Benefits-Plan-Program-Management_R1000476-1