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Director, Benefits Transformation

McKesson

McKesson

Accounting & Finance
USD 123,700-206,100 / year
Posted on Nov 4, 2025

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.

The Director Benefits Transformation is an individual contributor, senior strategic leader within the Total Rewards team, responsible for supporting the long-term evolution of McKesson’s benefits programs. This role serves as the central orchestrator of transformation efforts, owning the 3-year roadmap, leading enterprise-wide initiatives, and representing the Benefits function across internal and external stakeholders. The incumbent will act as a strategic advisor to the Vice President of Benefits and Retirement Programs.

Strategic Roadmap Leadership

  • Lead the development and execution of a comprehensive 3-year Benefits Transformation Roadmap, ensuring alignment with enterprise strategy, Total Rewards priorities and evolving workforce needs and preferences

  • Partner closely with the Benefits team to shape and refine roadmap initiatives that drive innovation, operational excellence, and employee experience.

  • Develop executive-level presentations that effectively communicate roadmap progress, strategic priorities, and key outcomes to senior leadership.

Initiative Leadership & Execution

  • Serve as the project lead for high impact benefits initiatives, ensuring seamless implementation, stakeholder engagement and measurable outcomes

  • Drive cross-functional collaboration and accountability across HR, Finance, Legal, external partners and the Benefits Team to deliver initiatives on time, within scope and aligned to strategic goals.

  • Establish clear project plans, success metrics, and governance structures to monitor progress and ensure continuous improvement

Consulting Relationship Management

  • Oversee the Benefits Consulting partner relationship to ensure strategic alignment, high-quality service delivery, and continuous value creation.

  • Establish clear performance expectations, facilitate regular reviews, and drive accountability for outcomes that support business and employee needs.

Stakeholder Engagement

  • Represent the Benefits function in enterprise forums, steering committees and strategic partnerships.

  • Lead cross-functional teams including legal, communications, payroll, employee care, employee experience and technology teams to deliver benefit solutions that meet business needs.

Technology-Enabled Strategy & Innovation

  • Lead the transformation of benefits delivery by harnessing AI, automation, and digital platforms to improve employee experience and drive operational efficiency.

  • Partner across internal Benefits and Technology teams, as well as with external vendors, to identify and implement innovative solutions aligned with emerging market trends.

  • Utilize data analytics to inform strategic decisions, measure performance, and uncover opportunities for continuous improvement

  • Forecast future needs and model operational impacts and financial ROI to support proactive planning and long-term optimization

Mergers, Acquisitions, Divestiture Leadership

  • Serve as the Benefits lead for all M&A due diligence and integration activities.

  • Provide strategic input during deal evaluation, risk assessment, TSA and post-close activities.

  • Collaborate with the benefits team to ensure seamless transition of benefits programs for transitioning employees across acquired or divested entities.

Union Support

  • Serve as the Benefits Lead for all union activities, including supporting negotiations, and information requests.

  • Forecast and model financial impacts of program changes to recommended CBA changes

  • Collaborate with Labor Relations, Legal and Program Managers to proactively address union considerations to benefits programs.

Minimum Job Qualifications

  • Degree or equivalent and typically requires 10+ years of relevant experience. Less years required if has relevant Master’s or Doctorate qualifications.

Critical Skills/Business Experience

  • Typically requires 10+ years of progressive experience in benefits strategy, program design, and vendor management.

  • Proven success leading transformation initiatives and resolving complex operational challenges

  • Project Leadership & Execution - Proven ability to lead complex projects and influence cross-functional teams.

  • Data-Driven Decision Making - Advanced analytical skills and proficiency in Excel.

  • Executive presence with excellent communication and stakeholder engagement capabilities

Preferred, Nice to Have, Specialized Knowledge/Skills –

  • CEBS or other Benefits Certification

Education:

  • Bachelor’s degree or equivalent experience required.

  • Project Management Professional (PMP) Certification preferred

Working Conditions:

Environment – Home / Office environment

General Office Demands

Able to travel 10% of the time

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position

$123,700 - $206,100

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

Join us at McKesson!