Career Area:

Human Resources

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Caterpillar is looking to add a skilled Senior Total Rewards Partner to our team. Your role within this team will be to manage the relationship with Caterpillar’s global captive consultant, global benefits broker, and several other global insurers to ensure benefit program policy renewals are completed in a timely manner, and compliant with each country’s laws and regulations. Additionally, you will gather and analyze global Total Rewards trends & benchmarking information that will be used to ensure regional programs are market competitive & support business and talent objectives.

What you will do:

• Maintains a project plan to track and execute timely insurance policy renewals in each region and country.

• Reviews and discusses policy terms & conditions with the captive risk manager and captive consultant underwriting teams.

• Leads all policy renewal discussions between local and regional teams, the captive consultant, and benefit brokers.

• Routes all captive policy renewals for final approval & execution.

• Leads weekly calls with the captive consultant and the global benefits broker.

• Investigates and resolves escalated issues from internal business partners, the captive consultant, or global benefit brokers.

• Create side-by-side policy comparisons for consideration by business leaders when multiple design choices are available.

• Analyze aggregated claims information to identify opportunities to improve benefits strategy or initiatives.

• Conduct periodic meetings with regional benefit leaders and teams to review captive program deliverables, assess satisfaction with vendors, processes, and policies.

What You Have:

• Preferred 3+ years of experience managing employer global captive benefit insurance processes in multiple countries.

• Preferred 3+ years of experience managing the employer relationship and vendor performance of a global benefit broker.

• Good presentation and public speaking skills. Ability to effectively transmit, receive, and accurately interpret ideas.

• Experience reviewing and negotiating vendor contracts and performance guarantees.

• Experience creating compelling business cases to support benefit design recommendations.

• Problem solving skills with examples of successful and innovative ideas.

• Experience leading implementation of benefit programs and initiatives.

• Advanced user of Microsoft Word, PowerPoint, Excel, Outlook, Teams

• Innovative and analytical thinker.

Additional Info:

• Location: Peoria, IL, United States. Also open to considering any candidate within 50 miles of a US based Caterpillar facility

• Travel: Less than 10%

About Caterpillar

Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.

Posting Dates:

June 24, 2024 - July 8, 2024

Any offer of employment is conditioned upon the successful completion of a drug screen.

EEO/AA Employer. All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

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