Director Benefits Administration at Exelon

Washington, District of Columbia, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Aug, 26

Salary

0.0

Posted On

15 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Benefits Administration, Vendor Governance, Regulatory Compliance, People Leadership, Stakeholder Management, Process Design, Risk Management, Executive Communication, Analytical Skills, Decision Making, ERISA Compliance, Health and Welfare Administration, Retirement Plan Administration, Operational Excellence, Audit Management, Strategic Planning

Industry

Utilities

Description

Who We Are We’re powering a cleaner, brighter future. Exelon is leading the energy transformation, and we’re calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We’re powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We’re committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in? Primary Purpose The Director, Benefits Administration is accountable for the enterprise-wide governance, delivery, and continuous improvement of the company’s employee benefits administration function. This role ensures compliant, accurate, and high-quality administration of health and welfare, retirement and related benefit programs while delivering a strong employee experience. The Director leads the benefits administration team, governs third-party administrators and vendors, and serves as the primary operational authority for benefits administration. In addition, the role partners closely with Benefits Strategy, providing operational insight, data, and feasibility assessments to inform benefit design decisions and long-term strategy. Primary Duties Enterprise Benefits Administration Leadership Leads and oversees the administration of the company’s health and welfare (medical, dental, vision, life, disability), retirement (defined contribution and pension, as applicable), and related benefit programs. Accountable for operational accuracy, service delivery, compliance, and the end-to-end participant experience across all benefits programs. Vendor, Carrier, and TPA Governance Provides enterprise governance of third-party administrators, carriers, and external vendors. Establishes performance expectations, enforces service-level agreements, leads vendor reviews, and drives resolution of escalated operational and service issues. Partners with Procurement and Legal on vendor contracting, renewals, and performance management. Compliance, Risk Management, and Controls Ensures benefits administration complies with ERISA, IRS, DOL, ACA, COBRA, HIPAA, Sarbanes Oxley, and applicable federal, state, and local regulations. Oversees internal controls, audit readiness, regulatory responses, and remediation activities in partnership with Legal, Compliance, and Finance. Operational Excellence and Process Design Owns end to end benefits administration processes and workflows. Drives continuous improvement initiatives that enhance efficiency, scalability, data integrity, and the colleague experience. Ensures operational readiness for open enrollment, system implementations, plan changes, and regulatory updates. Benefits Strategy Support and Enablement Partners with Benefits Strategy leadership to support benefit design and strategic initiatives by providing operational insights, administrative feasibility assessments, cost and risk considerations, and implementation planning. Acts as the bridge between benefits strategy and execution, ensuring decisions can be implemented efficiently and sustainably. People Leadership and Stakeholder Partnership Leads, coaches, and develops a team of benefits administration professionals. Sets direction, priorities, and performance expectations while building organizational capability. Serves as the senior benefits administration liaison to HR leadership, Labor, Compensation, Payroll, Finance, IT, and Communications. Job Scope Operates with significant independence and enterprise-wide influence. Establishes operational direction for benefits administration and contributes to benefit strategy through operational expertise. Leads a team of approximately 5–10 professionals and serves as the senior escalation point for benefits administration issues impacting the employee population. Minimum Qualifications Bachelor’s degree required Minimum of 12 years of progressive experience in benefits administration, corporate benefits, or benefits consulting, including people leadership Deep expertise in health & welfare and/or retirement plan administration, compliance, and vendor governance Demonstrated success leading teams and influencing in a complex, matrixed enterprise Proven experience managing audits, regulatory compliance, and operational risk Strong analytical, decision-making, and executive communication skills Preferred Qualifications Certified Employee Benefits Specialist (CEBS) or similar professional certification Experience supporting unionized, regulated, or multi-entity environments Experience partnering on enterprise benefits strategy initiatives or transformations Benefits Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $160,000.00/Yr. – $220,000.00/Yr. plus an additional $50K in Long Term Incentive Plan annually Annual Bonus for eligible positions: 30%% 401(k) match and annual company contribution Medical, dental and vision insurance Life and disability insurance Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave Employee Assistance Program and resources for mental and emotional support Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement Referral bonus program And much more Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

Responsibilities

Accountable for the enterprise-wide governance, delivery, and continuous improvement of employee benefits administration, including health, welfare, and retirement programs. Leads the administration team and manages third-party vendors while partnering with strategy leadership to inform benefit design.