Stryker Corporation
ISAS Group Benefits Trust Executive Director
Stryker Corporation, Dallas, Texas, United States, 75215
Position Summary
The Executive Director is responsible for all aspects of the ISAS Group Benefits Trust (the “Trust”) and serves as the organization’s Chief Executive Officer. This individual sets the tone for the direction of the Trust and ensures that the Trust remains in compliance with all laws, rules, and regulations of appropriate governmental authorities, and maintains sound financial standing. The Executive Director also fosters a collaborative, service-focused environment, building strong and supportive relationships with participating schools, vendors, and trustees.
ISAS Group Benefits Trust Overview The ISAS Group Benefits Trust (est. 1989) is a tax-exempt 501(c)(9) Voluntary Employees’ Beneficiary Association (VEBA) and a registered Multiple Employer Welfare Arrangement (MEWA) serving independent schools affiliated with the Independent Schools Association of the Southwest (ISAS). The Trust currently includes approximately 25 member schools across Texas and Oklahoma, representing about 3,600 employees and more than 6,000 total insured lives. It operates as a self‑funded plan offering medical, dental, vision, and prescription drug benefits, with two primary medical plan options: a traditional PPO and a High‑Deductible Health Plan (HSA‑compatible). The Trust maintains both specific and aggregate stop‑loss coverage to limit financial exposure and stabilize member costs. Governed by a board of member school representatives, the Trust is subject to ERISA fiduciary standards and annual Form 5500 and Form M‑1 filings with the Employee Benefits Security Administration (EBSA), along with independent audits and actuarial opinions to ensure ongoing regulatory compliance and financial soundness.
This job is working remotely except for some in‑person meetings in Dallas.
Essential Functions
Manage financial integrity of the Trust
Develop annual budget and rate setting projections for Finance Committee
Manage the renewal of insurance policies (fiduciary liability, officers & directors, professional liability, crime, cybersecurity, reinsurance)
Maintain relationship with investment advisor and monitor portfolio compliance with the Trust’s investment policy
Manage and/or complete annual required federal and state filing requirements (5500, 990, M‑1, etc.)
Actively work and manage the underwriting process for schools applying for membership to the Trust
Trust Governance and Compliance
Act as HIPAA Privacy and Security Officer and coordinate HIPAA and fiduciary training as necessary for personnel of participating employers
Manage the second‑level appeal process working with independent expert medical consultants and legal counsel as needed
Monitor state and federal bodies (i.e., DOL, HHS, IRS, CMS, DOI, etc.) for legislative changes and regulatory impact currently and prospectively to the Trust and inform trustees and participants as appropriate
In coordination with the Executive Committee develop the annual Trust meeting calendar
Coordinate Trust Board and Committee meetings, developing agenda, and meeting documents as needed
Take or coordinate the taking of minutes at all Trust Board and Committee meetings
Monitor compliance of each participating employer with participation requirements and other required reporting annually
Manage the production of plan documents and coordinate legal document review with counsel as necessary (i.e., SPD, SBC, Wellness Program guidelines, etc.)
Interface with plan vendors and consultants
Maintain working relationship with outside benefit consultants and plan vendors
Maintain professional relationships with other consultants and engage, as needed
Research plan design and benchmarks with assistance from consultants and vendors, recommending appropriate updates or new programs
Coordinate on‑campus biometric screening events and vaccination events with designated vendors and school locations
Help conduct enrollment meetings for new participating employers as well as current school locations as requested
Plan Communication
Manage and respond to wellness plan inquiries
Coordinate annual build‑out of wellness plan portal and updates
Maintain the Trust website
Provide communication material for open enrollment and other Trust program as needed and/or requested
Respond to inquiries regarding the Trust from non‑member institutions
Data Security Protection of PHI and PII: The Trust and its member schools must safeguard all Protected Health Information (PHI) and Personally Identifiable Information (PII) under HIPAA and applicable privacy laws. This includes encryption of data in transit and at rest, secure access controls, and regular review of who has access to sensitive participant data.
Trust and Vendor Network Security: The Trust and its vendors must maintain strong network and endpoint security, including firewalls, intrusion detection, multi‑factor authentication, anti‑malware protection, and timely patching. Both parties share responsibility for ensuring that systems and personal computers accessing Trust data are hardened against unauthorized access or compromise.
Vendor and Incident Oversight: The Trust is responsible for verifying that all business associates (e.g., TPAs, stop‑loss carriers, brokers) have adequate data protection policies and SOC 2–level controls. A formal incident response plan must address breach detection, containment, notification, and corrective action for both network and local device exposures.
Other Duties and Responsibilities Maintain an expert understanding of the Trust’s program of benefits.
Maintain a strong awareness of the political, social, and fiscal environment for health and welfare plan operations.
Perform other duties as assigned by the Executive Committee.
Qualifications Education and Experience
Undergraduate degree, master’s degree preferred
5 years’ experience in related position(s) (i.e., healthcare and welfare benefits administration, non‑profit management)
Professional certifications (i.e., CEBS, GBA, etc.) preferred
Other Skills and Abilities
Strong analytical skills
Experience with accounting and financial reporting
Proficiency in spreadsheet and database applications
Strong written and oral communication skills
In‑depth understanding of federal and state compliance requirements
Well organized, self‑directed, and strong work ethic
Friendly, professional, and helpful interpersonal style with the ability to build trust and support member schools
Commitment to responsiveness, relationship‑building, and exceptional service
Collaborative approach with the ability to work effectively with diverse stakeholders
Must reside in Texas or Oklahoma (or be willing to relocate)
#J-18808-Ljbffr
ISAS Group Benefits Trust Overview The ISAS Group Benefits Trust (est. 1989) is a tax-exempt 501(c)(9) Voluntary Employees’ Beneficiary Association (VEBA) and a registered Multiple Employer Welfare Arrangement (MEWA) serving independent schools affiliated with the Independent Schools Association of the Southwest (ISAS). The Trust currently includes approximately 25 member schools across Texas and Oklahoma, representing about 3,600 employees and more than 6,000 total insured lives. It operates as a self‑funded plan offering medical, dental, vision, and prescription drug benefits, with two primary medical plan options: a traditional PPO and a High‑Deductible Health Plan (HSA‑compatible). The Trust maintains both specific and aggregate stop‑loss coverage to limit financial exposure and stabilize member costs. Governed by a board of member school representatives, the Trust is subject to ERISA fiduciary standards and annual Form 5500 and Form M‑1 filings with the Employee Benefits Security Administration (EBSA), along with independent audits and actuarial opinions to ensure ongoing regulatory compliance and financial soundness.
This job is working remotely except for some in‑person meetings in Dallas.
Essential Functions
Manage financial integrity of the Trust
Develop annual budget and rate setting projections for Finance Committee
Manage the renewal of insurance policies (fiduciary liability, officers & directors, professional liability, crime, cybersecurity, reinsurance)
Maintain relationship with investment advisor and monitor portfolio compliance with the Trust’s investment policy
Manage and/or complete annual required federal and state filing requirements (5500, 990, M‑1, etc.)
Actively work and manage the underwriting process for schools applying for membership to the Trust
Trust Governance and Compliance
Act as HIPAA Privacy and Security Officer and coordinate HIPAA and fiduciary training as necessary for personnel of participating employers
Manage the second‑level appeal process working with independent expert medical consultants and legal counsel as needed
Monitor state and federal bodies (i.e., DOL, HHS, IRS, CMS, DOI, etc.) for legislative changes and regulatory impact currently and prospectively to the Trust and inform trustees and participants as appropriate
In coordination with the Executive Committee develop the annual Trust meeting calendar
Coordinate Trust Board and Committee meetings, developing agenda, and meeting documents as needed
Take or coordinate the taking of minutes at all Trust Board and Committee meetings
Monitor compliance of each participating employer with participation requirements and other required reporting annually
Manage the production of plan documents and coordinate legal document review with counsel as necessary (i.e., SPD, SBC, Wellness Program guidelines, etc.)
Interface with plan vendors and consultants
Maintain working relationship with outside benefit consultants and plan vendors
Maintain professional relationships with other consultants and engage, as needed
Research plan design and benchmarks with assistance from consultants and vendors, recommending appropriate updates or new programs
Coordinate on‑campus biometric screening events and vaccination events with designated vendors and school locations
Help conduct enrollment meetings for new participating employers as well as current school locations as requested
Plan Communication
Manage and respond to wellness plan inquiries
Coordinate annual build‑out of wellness plan portal and updates
Maintain the Trust website
Provide communication material for open enrollment and other Trust program as needed and/or requested
Respond to inquiries regarding the Trust from non‑member institutions
Data Security Protection of PHI and PII: The Trust and its member schools must safeguard all Protected Health Information (PHI) and Personally Identifiable Information (PII) under HIPAA and applicable privacy laws. This includes encryption of data in transit and at rest, secure access controls, and regular review of who has access to sensitive participant data.
Trust and Vendor Network Security: The Trust and its vendors must maintain strong network and endpoint security, including firewalls, intrusion detection, multi‑factor authentication, anti‑malware protection, and timely patching. Both parties share responsibility for ensuring that systems and personal computers accessing Trust data are hardened against unauthorized access or compromise.
Vendor and Incident Oversight: The Trust is responsible for verifying that all business associates (e.g., TPAs, stop‑loss carriers, brokers) have adequate data protection policies and SOC 2–level controls. A formal incident response plan must address breach detection, containment, notification, and corrective action for both network and local device exposures.
Other Duties and Responsibilities Maintain an expert understanding of the Trust’s program of benefits.
Maintain a strong awareness of the political, social, and fiscal environment for health and welfare plan operations.
Perform other duties as assigned by the Executive Committee.
Qualifications Education and Experience
Undergraduate degree, master’s degree preferred
5 years’ experience in related position(s) (i.e., healthcare and welfare benefits administration, non‑profit management)
Professional certifications (i.e., CEBS, GBA, etc.) preferred
Other Skills and Abilities
Strong analytical skills
Experience with accounting and financial reporting
Proficiency in spreadsheet and database applications
Strong written and oral communication skills
In‑depth understanding of federal and state compliance requirements
Well organized, self‑directed, and strong work ethic
Friendly, professional, and helpful interpersonal style with the ability to build trust and support member schools
Commitment to responsiveness, relationship‑building, and exceptional service
Collaborative approach with the ability to work effectively with diverse stakeholders
Must reside in Texas or Oklahoma (or be willing to relocate)
#J-18808-Ljbffr