In addition to base salary, Walmart total compensation may also include bonus incentives, stock options, and more.

Position Summary...

What you'll do...

About Walmart Global People

Leaders and individual contributors alike look to our Global People teams to influence strategy, optimize working models and enable the business to achieve results while preserving the fabric that sets us apart and keeps our 1.3M+ associates coming to work every day. By providing the necessary tools and insights, our People professionals operate as partners at every phase of workforce planning, talent management, organizational design and change management. From building communities to preparing Walmart for the future, to be a member of this team is to operate as a vital component to our sustainable success. Together, we think beyond the status-quo and inspire others to evoke positive change. When you join us in Global People, you immerse yourself in our culture, becoming a trailblazer and a true agent of influence.

About the Position: Director, Health & Financial Benefits Services - Benefits

In this exciting newly created role, the Director, Health & Financial Benefits Services will have the following key responsibilities:

• Develop and leverage internal and external partnerships and networks to maximize the achievement of business goals by sponsoring and leading key community outreach and involvement initiatives; engaging key stakeholders in the development, executing, and evaluation of appropriate business plans and initiatives; and supporting associate efforts in these areas.
• Partner and collaborate with the Design Team to determine overall global benefits strategies for the company and recommends a wide variety of innovative benefits offerings to fulfill such strategies in order to meet the workforce goals of the company by analyzing and understanding the needs of associates, their families, and associate segments; generating and proposing innovative ideas for benefits design improvements based on associate feedback; optimizing the overall value of benefits programs; designing and implementing benefits initiatives in conjunction with the company's total compensation objectives; analyzing trends, best practices, and the external competitiveness of proposed benefit changes; and coordinating proposals with internal and external stakeholders and industry experts.
• Serve as a benefits expert by consulting with executive leadership on a range of benefits issues; conducting ongoing reviews of industry best practices and company plan performance; consulting with internal and external counsel; overseeing the forecasting and trend reviews; interpreting, developing, implementing and maintaining the systems and technology strategies and applications required for a wide variety of health and financial benefits offerings; and collaborating with internal teams (for example, Global Design, ISD, Payroll, Tax, Finance, Compliance, Communications, Compensation).
• Analyze, forecast, and consult on a wide variety of global health and financial benefits by providing expert consultations on a wide variety of health and financial benefits related issues to company executives; completing and overseeing cost benefit analysis, forecasting, and trend reviews of current and proposed benefits offerings; benchmarking best practices; evaluating self-insured products and competitor and industry trends to develop recommendations for plan improvements; educating company divisions as to the market competitiveness of total benefits offerings across multiple industries; developing programs to attract, retain, and motivate the company's associates; demonstrating innovative health and financial benefit programs; and collaborating with the Finance Division on the short- and long-term costs associated with health and financial benefit programs including registration of company Stock.
• Ensure compliance with legislative and legal requirements for all proposed health and financial benefits programs for the company by monitoring and responding to new and emerging health and financial benefits legislation; influencing emerging legislation; partnering with internal and external legal counsel to understand current and proposed legislation; developing, presenting, and executing proposed programs; presenting to executive committees and internal governing bodies to gain required approvals; preparing and maintaining required legal documents; overseeing corporate reporting including annual shareholder disclosure; ensuring adherence to legislation (for example, Sarbanes-Oxley (SOX), Employee Retirement Income Security Act (ERISA), Health Insurance Portability and Accountability Act (HIPAA), Consolidated Omnibus Budget Reconciliation Act (COBRA), Department of Labor (DOL), Internal Revenue Service (IRS), Securities and Exchange Commission (SEC)); serving as final sign-off authorization.
• Determine overall operational and business strategies for managers who lead and supervise teams of experts who support the global associate base on multiple benefits plans by providing internal and external guidance, problem solving, and account resolution for all global health and financial benefits (for example, life, disability, medical, dental, profit sharing, 401k, stock purchase, internal health, financial plans, COBRA, critical illness, appeals, transplants, open doors, executive and officer plans, board of directors packages).
• Manage external providers by providing leadership, setting strategy, directing execution, and managing internal senior-level relationships and a variety of external third-party administrators (TPAs) both domestically and internationally; negotiating terms and conditions of contracts; setting standards for acceptable outcomes; addressing performance issues and assessing penalties as needed; and establishing and reinforcing desired behaviors and service expectations to ensure accurate administration and compliance with tax codes and other applicable laws (for example, Employee Retirement Income Security Act (ERISA), Health Insurance Portability and Accountability Act (HIPAA), Consolidated Omnibus Budget Reconciliation Act (COBRA), Department of Labor (DOL), Internal Revenue Service (IRS), and Securities and Exchange Commission (SEC)); and ensuring financial accuracy of third-party administrators.
• Develop, influence, and implement a variety of benefits policies, procedures, and initiatives by collaborating with government officials, business organizations, and other large employers on a range of health and financial benefits changes and transformational initiatives; developing presentations and providing updates and briefings to Administrative and Retirement Plans Committees and Walmart executives as needed; counseling executives about health and financial benefits issues to prepare them for participating in private meetings or speaking in public forums and presenting to government entities including congressional or legislative hearings; presenting health and financial benefits strategies and initiatives to senior Walmart officers; participating in media interviews; responding to media inquiries; developing health and financial benefits and healthcare presentations for a variety of audiences; and participating on a variety of boards and advisory panels on a state and national level.
• Provide leadership and set direction for the Health and Financial Benefits and Strategic Services and Operations, Appeals and Transplant, and Executive Open Door areas by developing health, financial goals, budgets, and objectives; preparing realistic estimates of resource requirements; identifying specific action steps, accountabilities, and timelines for completion of Health and Financial Benefits and Strategic Services projects; ensuring benefit compliance; ensuring appeals protocol adheres to medical benefit plans; coordinating the planning of cross functional projects both internally and externally; implementing work process improvements; defining and communicating expectations for quality outcomes and process standards; staying informed of best practices within equity-based compensation, health and financial benefits and health care; and analyzing and evaluating issues and solutions for legal, regulatory, tax, compliance, accounting, and financial impact.
• Provide overall direction by analyzing business objectives and customer needs; developing, communicating, building support for, and implementing business strategies, plans, and practices; analyzing costs and forecasts and incorporating them into business plans; determining and supporting resource requirements; evaluating operational processes; measuring outcomes to ensure desired results; identifying and capitalizing on improvement opportunities; promoting a customer environment; and demonstrating adaptability and sponsoring continuous learning.
• Develop and implement strategies to attract and maintain a highly skilled and engaged workforce by diagnosing capability gaps; recruiting, selecting, and developing talent; supporting mentorship, workforce development, and succession planning; and leveraging the capabilities of new and existing talent.
• Cultivate an environment where associates respect and adhere to company standards of integrity and ethics by integrating these values into all programs and practices; developing consequences for violations or non-compliance; and supporting the Open Door Policy.

The above information has been designed to indicate the general nature and level of work performed in the role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The full Job Description can be made available as part of the hiring process.

About Walmart

Fifty years ago, Sam Walton started a single mom-and-pop shop and transformed it into the world's biggest retailer. Since those founding days, one thing has remained consistent: our commitment to helping our customers save money so they can live better. Today, we're reinventing the shopping experience and our associates are at the heart of it. You'll play a crucial role in shaping the future of retail, improving millions of lives around the world. This is that place where your passions meet purpose. Join our family and create a career you're proud of.

About Northwest Arkansas

Walmart's global headquarters are in Northwest Arkansas, ranked consistently in the top 5 best places to live in the country with the fastest growing economy through 2021! The area has transformed from a small town to a center of higher education, culture, commerce and entrepreneurialism. Nestled in the Ozark Mountains, NW Arkansas attracts outdoorsy types with its abundance of state parks, acres of community green space, playgrounds, parks and walking trails. The metro area also boasts a first-class performing arts center, an active local food movement, live music venues and a dynamic festival scene. Join a fast-growing and evolving environment of arts and culture!

• NWA Location Video
• Bentonville Restaurant Guide - Food Network
• Visit Bentonville
• NWA Council Regions Rankings
• Walmart New Home Office - Corp Walmart
  

Walmart, Inc. is an Equal Opportunity Employer - By Choice. We believe we are best equipped to help our associates, customers and the communities we serve live better when we really know them. That means understanding, respecting and valuing diversity- unique styles, experiences, identities, ideas and opinions - while being inclusive of all people.

Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Minimum Qualifications: Bachelor's degree in Business, Finance, Accounting, Economics, Healthcare Administration, or related field and 5 years' experience in benefits administration, benefits plan design, healthcare regulatory compliance, or related field OR 7 years' experience in benefits administration, benefits plan design, healthcare regulatory compliance, or related field. 2 years' of supervisory experience.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Benefits, Board/Committee member with professional healthcare associations, Working on cross-functional teams or projects

Bachelors: Accounting, Bachelors: Business, Bachelors: Economics, Bachelors: Finance, Bachelors: Healthcare

Benefits - CEBS (Certified Employee Benefits Specialist) - Certification
Primary Location...
508 SW 8TH ST, BENTONVILLE, AR 72712, United States of America