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Working at Lockheed Martin

Benefit Plans & Strategic Initiatives Lead

Bethesda, Maryland

Job Responsibilities

Job ID: 689618BR Date posted: Mar. 27, 2025
Description:Lockheed Martin’s Corporate Total Rewards team is seeking a self-driven, organized individual to manage key health plan vendors and wellness programs, support benchmarking and benefits strategy, and ensure health plan compliance. This role ensures contractual obligations are met, quality services are delivered, and operations align with regulations, to maximize plan and member value.
Responsibilities include but are not limited to the following:
• Oversee all aspects of several key health plan vendors: strategy and plan design; contracting and renewals; day-to-day account management; plan performance, SLAs and utilization; escalations, root cause analysis, and mitigation; compliance with applicable laws; audits; financial/spend; communications.
• Oversee wellness program, including incentive activities and strategy: review utilization and opportunities for promotion, assess new strategies and integration points with other wellbeing programs, recommend improvements, resolve issues.
• Develop and monitor health plan key performance indicators (KPIs): work with health plan team, consultants and vendor partners to develop and monitor KPIs across various health, life and accident plans – in partnership with the benefits data analytics lead.
• Support benefits strategy: benchmarking and surveys; executive briefings; business requirements; RFI/RFPs; implementation and project management activities; coordinate with internal and external stakeholders.
• Support health plan compliance: in partnership with ERISA general council team (e.g., Transparency in Coverage RxDC reporting)
• Support health plan engagement and communication efforts: develop content, review/edit communications for technical accuracy, and recommend delivery methods.
• Participate in health plan merger and acquisition activity: responsibilities range from assessing benefit plans and costs to assisting with documentation and recommendations.
• Develop and foster positive working relationships with functional teams (e.g., HR, legal, finance, labor relations, tax, GSCO), external partners (e.g., vendors, consultants) and external business industry groups (e.g., Business Group on Health).

• 10% business travel
Basic Qualifications:
• Experience managing aspects of employee benefits (e.g., health plan operations, benefit design, regulatory landscape)
• Experience developing, implementing, and monitoring health plan and prescription drug strategies
• Vendor management experience
• Project management experience
• Effective communication and interpersonal skills including verbal, written and in presentations
• Ability to lead cross-functional teams successfully, set priorities and be well organized
• Strong analytical and research skills
• Proficiency with PowerPoint, Outlook, Word and Excel
• Bachelors or Masters degree degree from an accredited college in a related discipline, or equivalent experience/combined education, with aligned professional experience; considered an emerging authority.
• 10% business travel
Desired Skills:
• Benefits experience related to merger and acquisition activity
Clearance Level: None
Other Important Information You Should Know
Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 4x10 hour day, 3 days off per week
Pay Rate: The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, Washington or Washington DC is $90,200 - $159,045. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.

With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.

If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Experience Level: Experienced Professional
Business Unit: CORPORATE HEADQUARTERS
Relocation Available: No
Career Area: Human Resources
Type: Full-Time
Shift: First
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About

At Lockheed Martin, we apply our passion for purposeful innovation to keep people safe and solve the world's most complex challenges.

Pioneering Defense Technology: From aerospace to outer space to cyber space, you can innovate mission solutions alongside the best minds in the business.

United By Culture: Excellence, integrity, and collaboration define us. We accelerate change and embrace one another’s perspectives to win for our customers.

Real Impact, Real Growth: Grow your career and skills for life. Our wide array of opportunities and technology-driven learning programs enable your development and agility.

Your Health, Your Wealth, Your Life: Competitive pay, comprehensive benefits and flexible schedules designed so you thrive — at work and beyond.

Empowered to Be Your Best: Use your strengths to make a difference in the lives of one another, our customers, our communities, and our planet.

Here, the possibilities are endless because we offer:

  • Flexible Schedules, dependent on role
  • Levels: Student, Entry, Mid, Senior, Management
  • Locations: Nationwide & OCONUS Positions

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Qualifications

See what it takes to be a successful Lockheed Martin employee.

  • Collaborative

    There is no innovation without imagination. You bring new, different and exciting ideas to the table every day. You are committed to the success of your team.

  • Curious

    The ability to explore and drive new ideas. You think innovatively to come up with creative solutions to complex challenges.

  • Goal-oriented

    From planning and organizing to decision making, goal orientation produces impactful results. You set goals and strive to make things happen quickly and efficiently.

  • Proactive

    The ability to anticipate, plan and prepare for what lies ahead. You act rather than react to potential situations.

  • Problem Solver

    You work to tackle tough problems with complex solutions.

  • Strategic

    You observe, reflect and analyze processes to make more informed decisions.

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Quote

“Before I came to Lockheed Martin, I never thought I’d get these opportunities. The benefits available and the company’s value culture make it an incredibly supportive place to work, and I’m grateful to work somewhere that wants me to succeed. I hope to have a long career here making an impact, and I know I’ll be supported in doing that every step of the way.”

Ryan J., Enterprise Operations

Benefits

  • Healthcare

    Medical, Dental and Vision coverage is available for employees who opt-in.

  • 401(k)/Retirement Plans

    Our 401(k) plan features generous matching and company contributions.

  • Professional Development

    We support our employees through mentoring, internal & external educational programs, networking, skills enhancement and career-building programs.

  • Maternity and Paternity Leave

    Our generous parental leave policies support your journey into parenthood. When you return to work, our facilities offer mother's rooms to support your transition and work/life balance.

  • Paid Time Off

    We offer PTO, paid holidays and paid time off for jury duty and military obligations.

  • Flex-time

    Depending on the position, we offer flexible work schedules.

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