- Location
- MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA, Canada
- Type
- Full-time
- Department
- Human Resources
- Seniority
- Senior
- Experience
- 15+ years
- Education
- Bachelor
- Closing date
- Today
- Source
- Workday
Description
Job Description
As Senior Director, North American Benefits & Global Wellness, you will be responsible for the development, design, financial management, implementation, governance, communication and policy interpretations of benefit programs (drug, dental, medical, vision, critical illness, life, disability) for over 80,000 employees and 25,000 retirees in Canada and the US; as well as wellness and employee assistance programs for over 90,000 employees globally. You will be the strategic leader driving the transformation of RBC's benefits and wellness ecosystem through innovative use of artificial intelligence, positioning RBC as a market leader in AI-enabled employee benefits.
What will you do?
Provide strategic advice and direction on benefit plan design in North America and wellness program design globally
Proactively identify, recommend, stakeholder and obtain approval for, and lead implementation of innovations and program enhancements to advance RBC’s benefits and wellness strategies
Define RBC’s global wellness strategy looking for ways to continuously increase employee engagement in RBC’s wellness initiatives and measuring the impact of initiatives in terms of employee behavior and long term financial impact
Ensure current programs are aligned with business objectives and RBC’s People and Culture strategy, competitive within the market, and financially sustainable in the long-term
Lead annual design reviews and pricing of active and retiree benefit programs in North America
Leverage external networks to provide RBC with competitive intelligence and to keep abreast of market trends and legislative developments, and technological innovations, developing appropriate solutions and ensuring continued regulatory compliance
Partner with HR business partners and senior business leaders to address business issues and employee concerns and creatively bring solutions that are aligned with RBC’s goals and values
Partner with external vendors or internal RBC functional teams to explore development of innovative benefit offerings or creation of differentiated employee experiences
Deliver benefits and wellness communications to employees, identifying opportunities for improvement and enhanced transparency to encourage consumerism and help employees make informed decisions
Manage key (material) vendor relationships, responsible for contract negotiations and benefits pricing decisions in conjunction with actuarial consultants, Procurement, Legal and Finance
Analyze and monitor trends and identify opportunities for cost efficiency and containment
Lead benefits and wellness aspects of mergers and acquisitions and divestitures in North America including pre-deal planning, due diligence assessments, sales agreement negotiations and integration strategy
AI Strategy, Implementation & Optimization
Develop and execute a comprehensive AI strategy for RBC's benefits and wellness programs, identifying priority use cases that deliver measurable value in employee experience and operational efficiency
Drive continuous process optimization and automation through AI use in benefits and wellness, while ensuring full adherence to regulatory requirements
Monitor and communicate the impact of AI implementations on employee experience, process efficiency, cost savings, and business outcomes
Stay abreast of AI advancements in HR and benefits technology, continuously evaluating emerging solutions and recommending adoption where strategically valuable
What do you need to succeed?
Must have:
15 years of experience in a similar role with a large complex organization
Demonstrated experience identifying, evaluating, and implementing AI or automation solutions in benefits, HR administration, or related business functions
Undergraduate degree in Finance, Commerce, Human Resources, or similar.
Extensive knowledge of benefit programs and policies in Canada and the US and employee/organizational wellness and mental health strategies
Proven effectiveness in strategic oversight and end-to-end execution
Strong analytical skills and financial acumen
Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously.
Nice-to-have:
Actuarial professional designation or similar certification
Advanced technical knowledge of AI/machine learning applications, particularly in HR or benefits context
Ability to facilitate between and influence key decision makers
Strategic thinker with excellent interpersonal skills to partner across functions and businesses
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
Leaders who support your development through coaching and managing opportunities.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
A world-class training program in financial services.
Opportunities to do challenging work.
Job Skills
Benefit Programs, Creative Visioning, Decision Making, Group Problem Solving, Human Resources Policies, Long Term Planning, Negotiation, Organizational Change Management, Program Management, Vendor ManagementAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
