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Fortune Brands Innovations

Director, Benefits

Posted 34 Minutes Ago
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Hybrid
Deerfield, IL
140K-220K Annually
Expert/Leader
Hybrid
Deerfield, IL
140K-220K Annually
Expert/Leader
Leads the strategic design, governance, administration, and continuous improvement of U.S., Canadian, and global benefits programs, including health, welfare, retirement, and wellbeing plans. Oversees vendors, brokers, consultants, compliance, annual enrollment, operational processes, financial analysis, and employee experience. Partners with HR, Finance, Payroll, HRIS, and business leaders while managing and developing a benefits team.
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Company Description

Fortune Brands Innovations (NYSE: FBIN) is an industry-leading home, security and digital products company with a portfolio of trusted brands, including Moen, House of Rohl, Therma-Tru, Larson, Master Lock, Yale residential, and Sentry Safe.  

We are building a company that is determined to win, and we are clear about how: strong brands, great people, and disciplined execution.    

You'll join a team that puts customers first, keeps its commitments, and cuts through complexity to deliver meaningful results.     

If you're looking for an opportunity to make an impact and help shape what's next for our iconic brands, we'd love to meet you.   

 Explore life at Fortune Brands here. 

Job Description

The Director, Benefits, is responsible for the strategic design, governance, and ongoing evolution of the company's health and welfare, retirement, and wellbeing programs. This leader will partner closely with HR Operations, HR Business Partners, Centers of Excellence, Finance, business leaders, brokers, consultants, actuaries, and external vendors to ensure programs remain competitive, financially sustainable, compliant, and aligned with the organization's long-term talent and business objectives. 

This role leads benefits operations and administration while assessing, strengthening, and optimizing the company's health and welfare and retirement programs across the U.S. and Canada through thoughtful plan design, operational excellence, and effective vendor partnerships. In addition, this leader will support the continued development of the company's global benefits strategy over time. 

The successful candidate will bring a balance of strategic thinking and hands-on execution, with the ability to challenge conventional approaches, influence stakeholders, leverage data and financial insights, and lead continuous improvement across the benefits function. 

Strategy, Plan Design & Global Benefits 

  • Lead the design, evaluation, and evolution of health, welfare, retirement, and wellbeing programs to support employee needs and long-term business objectives. 

  • Lead the evolution of the company's wellbeing strategy and programs, ensuring alignment with employee needs and organizational priorities. 

  • Develop recommendations based on market trends, competitive benchmarking, financial analysis, employee needs, and organizational priorities. 

  • Monitor market trends, competitive practices, and regulatory developments and translate insights into recommendations for future program design. 

  • Support the continued development of the company's global benefits strategy through collaboration with regional stakeholders and leaders. 

Vendor, Broker & Operational Excellence 

  • Evaluate and improve benefits administration processes, service delivery, governance, and employee experience. 

  • Partner closely with HR Operations, Payroll, and HRIS teams to support system changes, reporting needs, process improvements, and operational effectiveness. 

  • Provide oversight into the annual enrollment strategy and execution, ensuring an effective and positive employee experience. 

  • Lead relationships with brokers, consultants, actuaries, and benefits vendors, leveraging their expertise to evaluate plan performance, funding strategies, emerging risks, and cost management opportunities while ensuring strong partner performance, accountability, and value realization. 

Compliance & Governance 

  • Ensure compliance with applicable federal, state, provincial, and regulatory requirements, including ACA, ERISA, HIPAA, COBRA, FMLA, ADA, and related legislation. 

  • Lead HIPAA privacy administration, training, and governance, including management of Business Associate Agreements. 

  • Assess the impact of legislative and regulatory changes on benefit programs and recommend appropriate actions. 

  • Serve as a key member of the Employee Benefits Committee and support effective governance practices. 

Leadership

  • Lead, develop, and support a team responsible for retirement programs, benefits operations, leave administration, analytics, and health and welfare administration. 

  • Create an environment of accountability, collaboration, continuous improvement, and professional development. 

  • Provide guidance on complex benefit issues and escalations while empowering team members to effectively support associates and stakeholders. 

  • Evaluate team structure, processes, and ways of working to ensure the function is positioned to meet current and future business needs. 

Qualifications

  • Bachelor’s degree in human resources, business, or a related field. 

  • Minimum of ten (10) years progressive experience in benefits design, administration, and management, including experience leading and developing benefits or total rewards teams. 

  • Demonstrated experience leading benefits strategy, plan design, and program evolution, along with the administration and governance of U.S. health and welfare programs; experience supporting benefits programs in at least one additional geographic region required. 

  • Experience assessing and improving benefits operations, processes, and service delivery while maintaining a strong employee experience. 

  • Experience partnering with brokers, consultants, actuaries, and Finance teams to evaluate benefit program performance, funding strategies, and cost management opportunities. 

  • Strong financial and analytical acumen, including the ability to interpret benefits-related financial data, funding models, actuarial analyses, and market benchmarking information. 

  • Experience working with large-scale commercial HRIS and benefits administration platforms.  

  • Strong communication, organizational, project management, and stakeholder management skills, with the ability to translate complex benefits programs and regulatory requirements to diverse audiences and manage multiple priorities in a fast-paced environment. 

  • Demonstrated ability to exercise sound judgment, discretion, and confidentiality. 

Preferred Qualifications 

  • Experience supporting benefits programs within a manufacturing or industrial organization, strongly preferred. 

  • Experience with Workday and/or Businessolver, preferred. 

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $140,000 USD - $220,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.

Equal Employment Opportunity

Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.

Important Notice: Protect Yourself from Fraudulent Job Postings

To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.

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