Senior Manager, Benefits Strategy at Abbott

North Chicago, Illinois, United States

Abbott Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

Requirements

  • Bachelor’s degree in Actuarial Science, Business, Mathematics, Statistics, or a related field; advanced degree or actuarial credentials are a plus
  • 10+ years of overall professional experience, including 6+ years in employee benefits, with a focus on Health & Welfare vendor management, strategy and analytics
  • Experience managing large, complex employer benefit plans
  • Strong background in benefits data analysis, forecasting, and modeling
  • Proven experience working with or for benefits consultants and managing vendor relationships
  • Demonstrated ability to lead complex projects and influence internal and external cross-functional stakeholders
  • Excellent interpersonal, communication, presentation, and organizational skills
  • Ability to work independently and collaboratively in a fast-paced, matrixed environment

Responsibilities

  • Support the design of the benefits strategies that align with organizational objectives and enhance the employee experience
  • Analyze complex benefits data to identify trends, evaluate plan performance, and model future costs to support financial planning and decision-making
  • Manage relationships with key partners and vendors, ensuring alignment with strategic goals and service excellence
  • Lead and contribute to cross-functional initiatives related to plan design, cost containment and employee engagement
  • Develop and present clear, data-driven insights and recommendations to senior leadership and stakeholders

Skills

Benefits Strategy
Data Analytics
Vendor Management
Strategic Planning
Employee Benefits

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters
1888Year Founded
IPOCompany Stage
HealthcareIndustries
10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.
Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.
Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.
Abbott's microfluidic devices streamline diagnostic processes efficiently.
Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.
Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.
Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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