Sr. Director, Global Benefits (U.S. Medical and Pharmacy) at Comcast

Philadelphia, Pennsylvania, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Media, Technology, EntertainmentIndustries

Requirements

In-depth knowledge of health care financial forecasting/underwriting principles including self-insured medical and pharmacy plan administration and payment models
Ability to develop executive level presentation material and data visualizations
Ability to articulate complex topics in a concise and compelling business case to facilitate senior leadership review and decision making

Responsibilities

Develops health care strategies in alignment with Comcast NBCUniversal’s business needs, and Total Rewards’ goals and objectives
Responsible for developing a multi-year roadmap focused on identifying market-leading health care solutions to enhance member access to care, improve health outcomes and support long-term trend sustainability
Includes building strategic partnerships with key vendors to co-develop solutions that meet the unique business needs of Comcast NBCUniversal
Provides oversight over enterprise-wide health & welfare financial analysis and budget setting process including: Directs actuarial and consulting partners to align on underlying plan assumptions/methodologies and ensure reasonability for purposes of accrual setting, Incurred but Not Paid (IBNP), ongoing performance monitoring, etc
Oversees multi-year forecasting of self-funded and fully insured health care program costs in alignment with Comcast’s Long Range Planning process
Partners with Finance to support ongoing plan performance monitoring including reconciliation of actual plan payments with actuarial forecasts
Partners with health plans consultants and Comcast’s Data Services team to perform detailed claims analysis to identify underlying cost trends and assess both the financial and member impact of potential program initiatives
Drives materials and discussions for governance meetings and approvals (e.g., Benefit Fiduciary Committee)
Builds understanding and awareness of physical wellbeing strategy, key initiatives, and their business value with senior leaders and key Human Resource stakeholders
Partners across Total Rewards in order to inform future strategic opportunities and ensure effective management of Comcast’s health care programs across a variety of complex organizational functions
Consults with Comcast clinical team (MSI) on medical plan policy and design
Directs HR Service Delivery team regarding the technical/operational requirements to support ongoing vendor administration
Oversees resolution of member escalations in partnership with HR Service Delivery
Prioritizes procurement cycle for key vendors
Works cross functionally across Comcast Global Benefits strategic wellbeing pillars (physical, emotional and financial) to ensure alignment with Comcast’s HR Operating Model and employee journeys
Effectively liaises with outside organizations, including consultants, benefit vendors, and legal counsel

Skills

Healthcare Strategy

Benefits Design

Medical Plans

Pharmacy Benefits

Vendor Management

Strategic Partnerships

Total Rewards

Employee Wellbeing

HR Strategy

Clinical Partnerships

Comcast

Comcast Corporation is a global media and technology company.

About Comcast

Philadelphia, PennsylvaniaHeadquarters

1963Year Founded

$42.3MTotal Funding

IPOCompany Stage

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Paid Vacation

Paid Parental Leave

Tuition Reimbursement

Unlimited Paid Time Off

Risks

Competition from streaming services impacts Comcast's traditional cable TV business.

5G technology enables new competitors in the broadband market, threatening Comcast's market share.

Consumer scrutiny of data caps and pricing could lead to reputational damage.

Differentiation

Comcast's acquisition of Nitel enhances its managed services offerings in the enterprise sector.

Comcast's digital equity grants highlight its commitment to corporate social responsibility.

Comcast's involvement in rural broadband initiatives opens new markets and customer bases.

Upsides

Comcast's $150M investment in Rio Rancho boosts internet speed and connectivity.

Transform Wealth LLC's investment indicates confidence in Comcast's financial health.

Comcast's expansion efforts could lead to increased customer satisfaction and retention.

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