PayPal Hiring for US Benefits, Senior Benefits Manager at Texas Full Time

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.

Job Description Summary: Reporting to the Senior Director, Global Benefits, this position is a key US lead role that will manage all the elements of their assigned US health and welfare, retirement and ancillary programs for employees and covered dependents. As part of the overall responsibilities, this role will also support the Senior Director, Global Benefits with comprehensive alignment of the US benefits management and spend with global programs and objectives. Core responsibilities will span across strategy, competitive analysis, design, and governance, as well as the administration and delivery of the programs. The role requires extensive knowledge of US benefit market trends, regulations, and tax laws, as well in depth understanding of the interdependencies with non-US benefits, US employees, HR functions, Procurement, Legal, vendors and industry peers. This role is responsible to lead and drive how we manage and oversee our US benefit spend and deliver assigned programs in a highly effective, financially prudent, compliant, competitive, and innovative way.

Job Description:
End-to-end financial management of all US benefit spend, helping to build the infrastructure and operational delivery approach to align US benefits financial management with the global spend, the annual global benefits review and assessment process, and leadership budget approvals.

Evaluate and analyze how US benefit spend is managed today, identify gaps and needs, investigate trends, and best practices and partner with the global benefits leader and external experts to bring recommendations to senior leadership. Successfully implement approved model and strategies.

Evaluate and analyze assigned programs to ensure that all plans are market competitive, aligned with PayPal objectives and cost effective. Participate in key surveys, investigate trends, best practices and costs and partner with internal team members and external experts to bring recommendations to management.

Continually monitor and understand current and emerging market trends for assigned benefit program delivery and optimization, identify potential opportunities and gaps, leverage external best practices, and propose and lead initiatives.

Participate and play a key role on the Global Benefits Council to ensure US alignment and collaboration across all regional and country focused benefit team members. Sustain trusting and collaborative relationships, provide subject matter expertise and consultation across the council.

Closely partner with the Senior Director, Global Benefits to prepare recommendations for gaining approval for US employee contribution and plan design strategy.

Provide strategic and impactful insights into benefits design and structure.

Partner closely with the HR analytics team to create financial reporting/insights and processes to enable strategic analysis and planning.

Assist with due diligence and transition activities related to mergers, acquisition, and divestitures.

Manage relationships and deliverables with external vendors, including vendor selection, implementation, vendor performance tracking, clinical effectiveness, internal controls, and active management and reporting out of service delivery metrics. Ensure assigned vendor compliance with HIPAA, FMLA, ERISA, ACA and other regulations.

Manage communications compliance and accuracy, and contract compliance for assigned programs.

Proactively evaluate assigned program impact on plan participants and administrative practices.

Support and partner to deliver on the US benefits compliance model and ensure delivery and alignment across US and non-US benefits via required audits and tracking.

Align benefits operational delivery strategy with the enterprise future of work operating model, to ensure that benefit programs and objectives are effectively delivered regardless of location or remote working scenarios.

Develop, maintain, and socialize critical vendor dashboards to report on overall partnership, utilization, and performance statistics (for assigned programs).

Our Benefits:
At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com

Who We Are:
To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at [email protected].

As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.