Job added in hotlist
Applied job
Contract job
Recruiter job
Employer job
Expanded search
Apply online not available
Similar Jobs
AVP, Fraud Strategy Process Manager
Barclays Bank PLC
Wilmington, DE
Apply Now >
AVP, Process Automation Capability Lead
The Chubb Corporation
Philadelphia, PA
Apply Now >
VP Benefits Manager
The Bancorp
Wilmington, DE
Apply Now >
VP - Project Manager
JPMorgan Chase & Co,
Wilmington, DE
Apply Now >
VP - Program Management Office
JPMorgan Chase & Co,
Wilmington, DE
Apply Now >
View more jobs in Wilmington, DE
View more jobs in Delaware
View Similar Jobs

Job Details

VP Benefits Manager

Company name
The Bancorp, Inc.

Wilmington, DE

Apply for this job

14 hit(s)  


Direct, manage, and implement long and short term strategies, associated projects and initiatives covering health and welfare, retirement, and wellness programs for the organization.


Develop and implement long and short term strategies and goals for the health, welfare, wellness, and associated programs, e.g. STD, LTD, Workers Compensation, Life Insurance, HSA, FSA. Investigate program design options based on market trends including self-insurance and health exchanges. Provide recommendations including a 3 – 5 year strategy with projected costs for the plans as well as employee/employer cost sharing goals. Manage the cost effectiveness of the benefits plans to drive employees to be good health care consumers through plan design, offerings, and pricing. Evaluate and recommend vendors and/or brokers for benefits and wellness coverage.

Direct the retirement (401(k)) programs. Work closely with vendors to ensure employees have the retirement security they need through fund options, plan features such as opt out, automatic annual percentage increases, loan rules, and company match selections. Evaluate existing program usage and encourage increased savings and plan participation. Ensure programs comply with all legal and regulatory requirements. Test program as needed.

Manage benefits communications to employees and managers. Brand HR programs, plan and develop an annual communications and program calendar, create and maintain an online benefits presence on the company intranet and direct the annual open enrollment activities. Partner closely with Corporate Communications, training and vendors to create and deliver timely multi-media communications and campaigns as needed to drive employee behaviors and participation levels in programs. Ensure employees receive and/or have access to all required communications including privacy statements, Summary Plan Descriptions, etc.

Prepare and deliver benefits-related dashboards, reports, presentations and recommendations to senior leadership to ensure sponsorship and fiduciary accountability for plan direction, design, and strategy. Maintain monthly, semi-annual, and annual statistics on the programs. Ensure vendor reports are provided and customized as needed for assessing employee usage and costs.

Direct and manage vendor relationships. Set high performance standards and evaluate vendor performance against SLAs, prepare vendor reports and assessments and provide direct feedback on issues as they arise. RFP vendor contracts, participate in vendor negotiations and ensure cost effective services are delivered that meet the needs of the organization and its’ employees. May be responsible to oversee and manage vendor invoices and billing.

Act as the primary contact on benefits audits with internal and external auditors and regulatory authorities. Meet with auditors to understand audit scope and needs. Develop reports and/or complete data requests as needed. Implement data, operations, and/or process changes and controls as needed to meet audit and compliance findings and recommendations.

Act as an employee resource. Respond to employee questions and needs on health, welfare, 401(k) and related issues. Meet with employees on retirement, FMLA, health care coverage and related issues to ensure they understand how to best apply the benefit offerings to their personal situation and make the appropriate selections.

Manage the benefits data and systems to ensure employees have real time access to their benefits information including retirement balances, health bills, wellness points, etc. Work with vendors as needed to customize the employee experience. Automate reports and data flows between vendors and Bancorp as needed to ensure efficient operations.

Perform other related duties as assigned.



An undergraduate degree in a related field or an equivalent combination of training and experience.

A minimum of 5 – 8 years related benefits management experience

Other Qualifications:

Strong working knowledge of retirement, health and welfare benefits, rules and regulations

Excellent verbal, written, and interpersonal communication skills

A team player able to work effectively in a team fostered, multi-tasking environment

Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook

Position is required to travel between sites occasionally

“The Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.


Apply for this job online



Refer this job to a friend


Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.

Share on your newsfeed

Application FAQs

Software Powered by iCIMS

Company info

The Bancorp, Inc.
Website :

Company Profile

Similar Jobs:
VP - Program Management Office
Location : Wilmington, DE
Req #: 180033483Location: Wilmington, DE, USJob Category: TechnologyPotential Referral Amount: 5000 US Dollar (USD) About Chase: Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (N...
Chase Card Services - VP, Marketing Manager - Channel Management','180009505','!*! JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a l...
Vice President Product
Location : Newark, DE
Sallie Mae is a company created with great purpose. Wemake the dream of higher education a reality. We do it by being a\nresource for families who want to save, plan, and pay for college.\nOur vision, to be a trusted financial par...
EmploymentCrossing was helpful in getting me a job. Interview calls started flowing in from day one and I got my dream offer soon after.
Jeremy E - Greenville, NC
  • All we do is research jobs.
  • Our team of researchers, programmers, and analysts find you jobs from over 1,000 career pages and other sources
  • Our members get more interviews and jobs than people who use "public job boards"
Shoot for the moon. Even if you miss it, you will land among the stars.
CLevelCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
CLevelCrossing is the first job consolidation service in the employment industry to seek to include every job that exists in the world.
Copyright © 2018 CLevelCrossing - All rights reserved. 168