Dover is a diversified global manufacturer with annual revenue of over $8 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainable Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
The U.S. Benefits Manager is a key position supporting the financial management, analysis, strategy and ongoing performance of Dover Corporation’s U.S. Health & Welfare benefit programs for approximately 12,000 U.S. employees across Dover’s operating companies. Programs include medical, prescription drug, dental, vision, life insurance, short-term and long-term disability, and health and wellbeing programs.
The U.S. Benefits Manager will work closely with OpCo HR teams, benefits vendors, consultants and internal stakeholders to support financial management, plan design, administration, compliance, communication and ongoing program performance. This role requires an experienced benefits professional who can independently manage responsibilities from initial direction through completion, analyze complex information, identify trends and issues, and develop meaningful insights and recommendations.
The successful candidate will be analytical, resourceful, proactive and accountable, with strong critical thinking and sound judgment. This role provides broad exposure to U.S. benefits strategy, financial management, plan design and operations and significant opportunity for continued growth within Dover.
Key Responsibilities:
Financial Analysis & Reporting
Analyze Dover’s health and welfare cost structure, funding arrangements, claims experience, enrollment and utilization data to identify key financial drivers and trends.
Monitor actual benefit costs against forecast, investigate material variances and identify underlying risks, opportunities and cost drivers.
Translate financial and benefits data into meaningful insights to support benefits programs and financial decisions.
Support annual budgeting, forecasting and renewal processes and prepare financial analyses, reporting and presentations for benefits leadership and other stakeholders.
Benefits Strategy, Plan Design & Program Performance
Support the evaluation of benefit plan design, funding and cost-management opportunities using financial analysis, utilization data, market trends and benchmarking.
Analyze benefit program performance and identify opportunities to improve cost effectiveness, competitiveness, employee value and long-term sustainability.
Partner with benefits leadership, consultants and vendors to evaluate potential benefit changes, model alternatives and assess financial, employee and operational impacts.
Conduct research and develop analyses and recommendations to support Dover’s U.S. benefits strategy and longer-term priorities.
Benefits Administration & Vendor Management
Manage assigned aspects of Dover’s U.S. health and welfare benefit programs, including medical, prescription drug, dental, vision, life insurance and disability benefits.
Monitor vendor performance, service levels and deliverables; identify trends or recurring issues, hold vendors accountable for commitments and escalate concerns as appropriate.
Research and resolve escalated employee and HR inquiries, partnering with benefits vendors and internal stakeholders to identify root causes, drive issues through resolution and determine when broader review or strategic direction is…