Benefits Specialist at Confidential in New York, New York

Posted in Other 1 day ago.

Type: full-time





Job Description:

About the Role:

The Senior Benefits Specialist will manage the day-to-day operations of benefits and deliver outstanding employee engagement through administering health benefits, leave of absences, retirement program and policies for the US & Canada. The role will support the design and implementation of wellness and health education initiatives.

Responsibilities:
  • First point of contact and continuing resource for employee inquiries regarding benefits programs
  • Ensures proper management of the health, dental, vision, life, and disability Insurances, as well as 401(k) retirement plan, RRSP, Flexible Spending Accounts and COBRA
  • Manages 401(k) plan administration including SPDs, Non-Discrimination Testing, 5500's, Loans & Withdrawals, Forfeiture Accounts, fees disclosure, enrollments & quarterly changes etc.)
  • Effectively processes the company's Leave of Absences, FMLA, STD, LTD, Worker's Comp, and third-party claims
  • Continuously analyze plans for compliance with various governmental regulations (ACA/1095, ADA, ERISA, HIPPA, COBRA etc.), state and local requirements
  • Conducts annual open enrollment and monthly benefits orientations for new hires. Reviews and processes benefits changes, qualifying life events, deductions, coverages
  • Liaise with benefits vendors and brokers to manage benefits programs and resolve issues, evaluate and recommend changes to benefits programs based on employee needs and market trends
  • Leads wellness programs initiatives, communications and educations
  • Partners with Finance and Payroll to ensure effective execution of Benefits reconciliations and remittance of insurance premiums to the providers
  • Provides payroll processing support and serves as the primary payroll & HRIS back-up
  • Coordinates new hire onboarding and assist in ad-hoc HR projects as assigned.

Qualifications:
  • Bachelor's degree in Human Resources, Business Administration or a related field
  • Minimum of 3-5 years of experience in benefits administration, with at least 2 years in a senior role
  • Strong knowledge of federal, state, and local benefits regulations
  • Proficiency in HRIS and benefits management systems
  • Advanced Excel skills (i.e.: VLOOKUP's, Pivot Tables, Formulas, IF/THEN scenarios, etc.)
  • Excellent verbal & written communication skills and ability to conduct training sessions
  • Ability to build and maintain effective working relationships; excellent interpersonal skills; exceptional customer service skills
  • Analytical and project management skills with a high attention to detail
  • Strong organizational and time management skills
  • Experience with payroll and benefits systems, ADP Workforce Now and SuccessFactors is preferred
  • Ability to manage multiple tasks and priorities in a fast-paced environment

Pay range and compensation package:

$80K-90K
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