November 19, 2024

Indicor LLC

Charlotte

FULL TIME

Global Head of Benefits

Location: Charlotte, NC (Indicor Headquarters)
About Indicor
Indicor is a global, diversified industrial solutions company providing specialized, mission-critical products for industrial manufacturers, and a global portfolio of proven, best-in-class technology companies. The Indicor family of companies boasts decades of experience producing dependable, highly engineered solutions, delivering performance and value across a wide spectrum of industries.
Indicor comprises an impressive portfolio of innovative companies generating $1 billion+ in total revenue including Agr, Alpha, AMOT, CCC, Cornell, Dynisco, FTI, Hansen, Hardy, Logitech, Metrix, PAC, Roper Pump, Struers, and Technolog. Established in November 2022, Indicor was formed when Clayton, Dubilier & Rice LLC (CD&R), a preeminent private equity firm, acquired a controlling stake in Roper Technologies' specialized industrial businesses. Roper Technologies retains a minority interest in Indicor.
Indicor's footprint spans 30 countries worldwide, illustrating our commitment to global expansion and market leadership. The success of our operations is deeply rooted in our diverse and dedicated workforce, comprising approximately 3,000 employees who contribute to our continuous growth and innovation. At Indicor, we strive to create an empowering environment for our employees, fostering opportunities for personal growth and professional development.

Summary
We are seeking a dynamic leader who can balance strategy and execution as our Global Head of Benefits. In this role, you will lead the development, implementation, and administration of Indicor’s employee benefits programs, including medical, dental, vision, FSA, HSA, life, disability, and 401(k). You will work closely with senior leadership to shape the strategic direction of our benefits offerings while managing the operational aspects to ensure effective delivery. Additionally, you will play a critical role in supporting merger and acquisition (M&A) activities, ensuring smooth transitions and integrations of acquired entities into our benefits framework.

Primary Responsibilities

Develop and implement innovative employee benefits strategies and programs, ensuring they align with Indicor’s overall HR and business objectives.
Build and maintain strong relationships with benefits vendors and brokers, including leading negotiations and addressing service issues.
Ensure compliance with legal requirements, including ERISA, HIPAA, and ACA.
Oversee the 401(k) plan in a multi-plan environment, including all aspects of administration.
Develop comprehensive audit reports and maintain data integrity to proactively identify and resolve discrepancies, ensuring accurate and compliant benefits administration.
Lead initiatives to assess and ensure equitable pay practices across the organization, identifying and addressing any disparities to maintain fair and competitive compensation structures.
Analyze benefits data and trends, providing insights and actionable recommendations to senior leadership.
Effectively communicate benefits information to employees, ensuring clarity and accessibility.
Oversee day-to-day administration of benefits plans, including enrollments, changes, and terminations.
Monitor and manage costs of benefits programs, optimizing for value and sustainability.
Develop and update benefits-related policies and procedures.
Stay informed on industry trends and best practices to keep Indicor competitive and innovative.
Travel to Indicor’s business units as needed to support benefits and wellness initiatives.

Merger & Acquisition Responsibilities

Lead benefits due diligence for mergers and acquisitions, assessing the compatibility of acquired organizations' benefits programs with Indicor's existing framework.
Develop and execute comprehensive integration plans to transition acquired entities into Indicor's benefits structure seamlessly.
Collaborate with acquired company leadership to ensure alignment on benefits offerings and communication strategies.
Assess risks, identify cost-saving opportunities, and ensure compliance with all regulatory requirements during integration.
Manage the transition from sellers' Transition Services Agreements (TSA) and establish standalone benefits programs as needed.
Provide ongoing support to employees and leadership of acquired entities during the transition, addressing concerns and maintaining engagement.

Qualifications

Bachelor’s degree in Human Resources, Business Administration, or related field. CEBS certification preferred.
10+ years of experience in benefits administration or a related field.
Extensive experience in M&A due diligence, integration, and transitioning benefits programs from TSAs.
Demonstrated ability to balance strategic thinking with tactical execution in a complex organizational environment.
Strong understanding of ERISA, HIPAA, and ACA regulations.
Demonstrated experience in creating audit reports, with a strong focus on data integrity and the proactive identification of issues within benefits or HR systems.
Proven experience with compensation benchmarking, pay equity audits, and ensuring compliance with equity-focused policies and practices.
Excellent leadership, communication, and interpersonal skills.
Proven analytical and critical thinking skills, with the ability to translate data into strategic insights.
Demonstrated experience with UKG Pro and other benefits software/platforms.
Ability to independently manage multiple projects and priorities with a high degree of accuracy and attention to detail.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)