Who We Are: A Mission Driven Company

Novavax has a rich history of innovation to help eradicate disease, prevent serious illness and save lives. But there is still work to be done. Our people are passionate about the mission and vision that guide our work.

Summary

The Sr. Director of Benefits is responsible for the strategic design, governance, and operational excellence of the organization’s benefit programs. This role ensures that benefit programs are competitive, innovative, cost effective, compliant and aligned with the organization’s total rewards philosophy. This role is responsible for overseeing the selection, implementation, and maintenance of any supporting technologies or vendor relationships and ensuring data integrity within the systems. This role leads cross-functional initiatives, manages vendor relationships, and serves as a subject matter expert on health and welfare, retirement, leave and wellbeing programs. Benefits programs include health & welfare (medical, dental, vision, disability, life, FSA, HSA), retirement (401(k)), leave, tuition, and well-being programs.

The focus of this role is on U.S. benefits but will also manage some international benefit programs and vendors.

Essential Functions

Manage vendor relationships, to include selecting, evaluating and managing terms of service.
Ensure compliance with all federal, state and local laws and regulations and reporting requirements to include 5500 filings, plan audits, and participant notice requirements. (ERISA, ACA, COBRA, HIPPA, ADA)
Lead plan design and cost-sharing strategy in conjunction with brokers and vendors to ensure cost effective, competitive and compliant plan offerings.
Partner with leadership and finance to forecast benefits costs and create long-term strategic plans.
Oversee benefits data integrity and collaborate with HR Technology on system enhancements.
Lead RFP processes when evaluating new vendors or benefit programs.
Collaborate with payroll, HR Technology, finance, and HR business partners to ensure seamless benefits delivery.
Develop, review, update all benefit policies within the employee handbook.
Develop clear, accessible benefits communication materials and education strategies.
Lead, mentor and develop benefit team members.
Evaluate industry trends, benchmark data, and regulatory changes to recommend enhancements or redesigns of benefit plans and policies.
Manage annual enrollment, including planning, communication, and system configuration.

Requirements

Bachelor’s degree in Human Resources, Business, or related field.
10+ years of progressive experience in benefits management, with at least 5 years in a management role.
Proven experience in administration of benefits programs, plan design, vendor negotiations.
Strategic planner with attention to detail, analytical ability with a strong operational focus.
Strong collaboration skills with ability to work with a diversity of colleagues and partners.
Hands on leader with ability to prioritize competing responsibilities, clearly communicate expectations. and meet tight timelines.
Previous experience with Workday preferred.
Previous experience in compensation or a total rewards role beneficial.

The annual base salary (or hourly wage) for this position falls within the range of $208,450.00 - $281,450.00. However, the actual base pay offered may vary based on several individualized factors, such as market location, job-related knowledge, skills, and experience. Novavax offers a base salary, annual bonus, equity grants, professional career development/growth opportunities, and a comprehensive benefits package including medical, dental, vision, Rx, STD, LTD, Life, Optional Life, 401(k) plan.

Our Mission

By leveraging our science, our technology and our people, we will innovate and collaborate to tackle the world’s most significant health challenges.

Our Vision

We envision a world where our technology is amplified to touch the lives of billions, sparking transformation in global health.

Our Values

Integrity, Collaboration, Innovation, Agility and Accountability sit at the heart of our culture. They express the mindset and behaviors that guide how we show up, how we work together and how we create impact — for patients, partners and each other.

Our Footprint

Novavax is proudly headquartered in the USA with main offices in Gaithersburg, Maryland. We conduct R&D and manufacturing for our Matrix-M adjuvant in Uppsala, Sweden.

Novavax

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Sr. Director, Benefits