Compensation and Benefits Director manages the design, implementation, administration, communication, and ongoing evaluation of the organization's compensation and benefits programs, policies, and procedures. Ensures that compensation and benefits programs support the organization's business objectives and meet all legal requirements. Being a Compensation and Benefits Director develops and manages compensation and benefits budgets. Oversees compensation processes, including survey participation, job evaluation, salary structure development, base pay administration, incentive plan design and analysis. Additionally, Compensation and Benefits Director manages benefits planning and programs including health and welfare, retirement, and work life. May select and manage outsourced providers. Requires a bachelor's degree. Typically reports to top management. The Compensation and Benefits Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compensation and Benefits Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Requisition ID | req29580 |
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Working Title | Director, University Benefits |
Position Grade | 17 |
Position Summary | The University of New Mexico seeks a Director, University Benefits to lead the Human Resources benefits, retirement, employee wellness, and leave programs. This position reports directly to the Vice President of Human Resources and is responsible for the strategic direction and oversight of all aspects of the university’s employee benefit programs. This position will also work collaboratively with the HR Senior Leadership to provide efficient, effective, and valuable services to HR customers. Additionally, this position is responsible for working with university leadership and constituents to assess the effectiveness of benefit programs in meeting strategic objectives and the development and implementation of improvements to benefit programs. The Benefits and Employee Wellness department is responsible for the administration of health, education, disability, long term care, life, FSA, retirement (defined benefit and defined contribution), leave, and employee wellness benefits for UNM employees and retirees. The Director, University Benefits also plays a key role in the financial oversight of the University’s self-insured medical plans. The Director, University Benefits, will recommend plan revisions and create new plans and initiatives that are best practices, cost effective, and consistent with the University's overall mission. The director will oversee the administration of contracts and other agreements involving employee, retiree, and student benefits. UNM plans include self-funded as well as insured plans. This person is responsible for overall compliance with all federal and state regulations pertaining to health and welfare, retirement, and education benefits. See the Position Description for additional information. |
Conditions of Employment |
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Minimum Qualifications | Bachelor's degree; at least 7 years of experience directly related to the duties and responsibilities specified. Completed degree(s) from an accredited institution that are above the minimum education requirement may be substituted for experience on a year for year basis. |
Preferred Qualifications | Experience with/in:
Ability to:
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Additional Requirements | |
Campus | Main - Albuquerque, NM |
Department | HR Benefits (730F) |
Employment Type | Staff |
Staff Type | Contract |
Term End Date | |
Status | Exempt |
Pay | Monthly: $8,092.93 - $11,583.87 |
Benefits Eligible | This is a benefits eligible position. The University of New Mexico provides a comprehensive package of benefits including medical, dental, vision, and life insurance. In addition, UNM offers educational benefits through the tuition remission and dependent education programs. See the Benefits home page for a more information. |
ERB Statement | As a condition of employment, eligible employees working greater than .25 FTE as determined by the New Mexico Education Retirement Act must make mandatory retirement contributions. For more information, review the Benefits Eligibility at a Glance grid. |
Background Check Required | Yes |
For Best Consideration Date | 6/14/2024 |
Eligible for Remote Work | No |
Eligible for Remote Work Statement | The Director, University Benefits is expected to work on campus with the possibility for a hybrid work schedule. |
Application Instructions |
Only applications submitted through the official UNMJobs site will be accepted. If you are viewing this job advertisement on a 3rd party site, please visit UNMJobs to submit an application. Applicants should provide an updated resume, a cover letter outlining how their qualifications meet the responsibilities and qualifications for this position, and a list of at least three professional references. |
Positions posted with a Staff Type of Regular or Term are eligible for the Veteran Preference Program. See the Veteran Preference Program webpage for additional details. The University of New Mexico is committed to hiring and retaining a diverse workforce. We are an Equal Opportunity Employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, veteran status, disability, or any other protected class. The University of New Mexico requires all regular staff positions successfully pass a pre-employment background check. This may include, but is not limited to, a criminal history background check, New Mexico Department of Health fingerprint screening, New Mexico Children, Youth, and Families Department fingerprint screening, verification of education credentials, and/or verification of prior employment. For more information about background checks, visit https://policy.unm.edu/university-policies/3000/3280.html. Refer to https://policy.unm.edu/university-policies/3000/3200.html for a definition of Regular Staff. |
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