Executive Director, Benefits
About ITTITT is a leading manufacturer of critical components for harsh environments that serves fast-growing end markets in flow, aerospace and defense, energy and transportation. Building on our heritage of innovation, we partner with our customers to deliver solutions to the key industries that underpin our modern way of life.Headquartered in Stamford, CT, we have more than 11,700 employees globally with operations in ~40 countries and sales in more than 125. At our core is our engineering DNA, with 1,280+ engineers, 1,700+ active global patents and ~51 manufacturing locations.Our businesses are organized in three distinct segments, each based around our core engineering DNA:Industrial Process: A global leader in centrifugal and twin-screw pumps and engineered valves for chemical, energy, mining, and industrial applications. Our leading brands include the iconic Goulds Pumps (with more than 175 years of history), Bornemann, Habonim, Engineered Valves, Rheinhütte Pumpen and Svanehøj.Motion Technologies: A global leader in brake pads (ICE and electrified brake pads) and shock absorbers (energy absorption solutions) for transportation applications. Our leading brands include Friction Technologies, KONI and Axtone. Connect and Control Technologies: A leader in critical applications for the aerospace, defense and industrial markets, including harsh environment connectors and control components. Our leading brands include ITT Cannon, Enidine, Aerospace Controls and kSARIA. Position SummaryThe Executive Director, Global Benefits is responsible for the strategy, design, governance, and execution of global employee benefit programs. Reporting to the Vice President, Total Rewards, this role will lead the development of competitive, compliant, and cost-effective benefit offerings that support the company’s business objectives and global workforce strategy. This individual will serve as the enterprise expert on U.S. employee benefits and play a critical role in the integration of benefits programs for acquired companies.Essential ResponsibilitiesBenefits Strategy & Design Serve as a thought leader on emerging trends in global employee benefits, including wellbeing and mental health. Lead the strategy, design, implementation and ongoing administration of U.S. employee benefit programs including health and welfare, well-being and leave management. Clearly communicate benefit plan design and financial implications to senior leadership and influence decision-making. Partner with HR leaders across the globe to ensure consistency in philosophy, share best practices, and support plan design and insurance renewals. Partner with business leaders, finance, legal, HR and communications to optimize the design and cost of benefit plans while also driving employee value and understanding. Utilize data and employee feedback to continuously improve offerings and address evolving workforce needs. Vendor, Financial & Risk Management Manage U.S. benefit, leave and retirement vendor and consultant relationships and RFPs. Partner with finance to provide U.S. benefit budget, forecasting, cost modeling and financial reporting. Ensure adherence to all applicable laws and regulations (e.g., ERISA, ACA, HIPAA, COBRA, FMLA). Mergers, Acquisitions And Divestitures Lead benefits-related due diligence and value capture integration activities. Develop and implement cost-effective benefit transition strategies for acquired companies. Skills And Competencies Strong analytical and financial acumen with the ability to interpret data and drive insights. Exceptional communication and interpersonal skills, with the ability to influence and build trust across all levels. Strategic mindset with operational excellence and attention to detail. Position Requirements Bachelor’s degree in Human Resources, Business Administration or a related field. 15+ years of benefits experience with positions of increasing responsibility. Experience and success in managing benefits for a large, complex organization. Deep expertise in U.S. benefit plans, regulations, reporting requirements and market trends. Merger & Acquisition due diligence and benefit integration experience. Experience managing people, teams and projects. S. public company experience. Preferred Human Resources or Benefits-related certification (CEBS, GBA, SPHR, or SHRM-SCP). Experience working with collective bargaining units (unions and/or works councils). Proficiency in HRIS systems and benefits platforms. Equal Pay Act Statement We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations. Equal Pay Act Range Equal Pay Act Range Annual salary range is from $201,600.00/Yr. Max $342,200.00/Yr., plus benefits & incentive plans