Job Posting
Executive Director
CEBS Requirement: Preferred
Sacramento, CA
The Insurance & Benefits Trust (“IBT” or “Trust”) of Peace Officers Research Association of California (“PORAC”) is seeking an experienced and visionary Executive Director to oversee the administration and strategic direction of the IBT of PORAC Trust, that offers and administers health, disability and life insurance programs for approximately 17,000 Peace Officers throughout California.
As Executive Director, you will be entrusted with overall responsibility for the day-to-day administration of the Trust. You will report directly to the IBT of PORAC Board of Trustees and collaborate with a diverse team of plan professionals, Trustees, and Benefits Office staff to ensure the highest standards of service and compliance.
The ideal candidate will be a seasoned benefits administration professional who has hands on experience with health, disability and life insurance plans, a proven track record of leadership and the ability to drive a team towards excellence with minimal supervision. This is a full-time, onsite position that demands a commitment to operational excellence and providing superior service to PORAC members.
Why PORAC?
This role provides an opportunity to make a lasting impact on the lives of thousands of hardworking Peace Officers and other first responders. You’ll work alongside dedicated professionals and Trustees, driving operational excellence and strategic growth for the Trust. Enjoy a hands-on leadership role where your expertise truly matters.
To learn more about the IBT of PORAC, please visit their website at www.ibtofporac.org.
The Job
- Plan Administration: Oversee the complete and accurate administration of all benefit plans (includes both fully insured and self-funded products), ensuring compliance with ERISA, the Internal Revenue Code, and the Trust’s governing documents. Ensure proper administration and resolution of benefit claims. Review appeals with legal counsel and present to Trustees.
- Benefits Office Operations: Lead a staff of approximately 27. Manage an annual operating budget and ensure operational excellence across all departments. Monitor office policies, procedures, and standards to ensure a level of professionalism and prompt, accurate service to members.
- Financial Stewardship: Oversee financial operations of the Trust and Benefits Office, establish and monitor budgets, manage cash flows and oversee payment of benefit claims.
- Regulatory Compliance: Navigate complex regulations (ERISA, DOL, IRC, HIPAA, ACA, etc.) and drive organizational compliance, ensure timely and accurate annual reporting requirements and filings with regulatory agencies, consulting with outside professionals (e.g., auditors, attorneys, consultants, etc.) on compliance requirements and other matters as needed.
- Communications: Develop and distribute plan-related notices, disclosures, and correspondence to Trustees, participants, employers, and regulatory bodies.
- Leadership & Management: Set performance and quality standards, provide guidance and motivation, and foster a culture of excellence and continuous improvement.
- Board Coordination: Act as liaison between the Trustees and plan professionals (e.g., consultants, attorneys, accountants, investment advisors, etc.) on all matters related to the Trust. Schedule Board meetings and support Board reporting, governance communications, and implementation of Board direction. Prepare and coordinate all materials for Trustee meetings.
- Legal & HR Oversight: Make sound business decisions to minimize litigation risk, review vendor contracts, and oversee HR policies, hiring, terminations, and compensation.
- Technology & Cybersecurity: Provide oversight and ensure adequate systems and tools to support operations. Collaborate with IT staff and vendors to ensure robust technology infrastructure and security/cybersecurity best practices.
What You’ll Bring
- Bachelor’s degree required. CEBS certification or advanced or professional degree in business, management, or a related field strongly preferred.
- California Insurance and Producers license a plus.
- Must have significant (10+ years), demonstrated experience in health plan operations, including administration of health, disability and life benefits and payment of claims.
- Strong knowledge of employee benefits laws, accounting, finance, and health insurance concepts.
- Proven leadership and management skills in complex organizational settings.
- Excellent communication and organizational skills, and a passion for serving others.
- Understanding of benefits administration systems and current technologies.
- Commitment to regulatory compliance, operational excellence, and strategic growth.
To Apply
The IBT of PORAC offers a competitive salary range of $275,000 to $325,000 commensurate with experience and a comprehensive benefits package.
We strongly encourage candidates from all backgrounds, identities, and experiences to apply. IBT of PORAC is committed to fostering a diverse and inclusive workplace where every voice is valued and respected.
To apply, please send your resume and salary requirements to [email protected]. Please include job reference code 0426IBTPIF in the subject line or with your application.