Come work with us: Metropolitan Commercial Bank (the Bank ) is a New York City based full-service commercial bank that provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities. The Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn in New York City and Great Neck on Long Island in New York State. The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB). For more information, please visit the Bank's website at MCBankNY.com. Metropolitan Commercial Bank was named one of Newsweek's Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. The Bank finished ninth in S&P Global Market Intelligence's annual ranking of the best-performing community banks with assets between $3 billion and $10 billion for 2022 and eighth among top-performing community banks in the Northeast region for 2022. About the role: The HR Benefits Manager is responsible for overseeing and administering the company's employee benefits programs, including health insurance, retirement plans, and other employee perks. The ideal candidate will have a keen eye for detail, excellent communication skills, and a thorough understanding of benefits regulations and industry trends. Duties and responsibilities of the job include the following (but is not limited too):
- Manage enrollment, changes, and terminations of employee benefits plans, including health insurance, dental, vision, life insurance, disability, and retirement plans. - Ensure compliance with federal and state regulations, including COBRA, HIPAA, and ERISA. - Coordinate annual open enrollment processes, including preparing communication materials, hosting informational sessions, and assisting employees with enrollment decisions. - Maintain accurate benefits records and ensure the integrity of data within the HRIS system. Employee Communication and Support:
- Serve as the primary point of contact for employee benefits inquiries and issues, providing assistance and resolution in a timely manner.
- Educate employees on available benefits options, coverage details, and enrollment procedures.
- Develop and distribute clear communication materials to inform employees of plan changes, new offerings, and other relevant information.
Vendor Management: - Collaborate with benefits providers to negotiate plan options, renewals, and cost-effective solutions for employees and the company.
- Monitor vendor performance and address any service issues or concerns.
Reporting and Analysis: - Prepare and analyze reports on benefits usage, costs, and trends to inform decision-making and identify opportunities for improvements.
- Assist in the evaluation and selection of new benefits programs based on industry trends and employee feedback.
Compliance and Recordkeeping: - Ensure all benefits programs comply with applicable laws and regulations, including filing required documentation and maintaining up-to-date records.
- Coordinate audits of benefits programs as necessary.
Preferred experience, education, and qualifications:
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- Minimum of 8+ years of experience in benefits administration or a similar HR role.
- Strong understanding of benefits regulations and compliance requirements.
- Excellent interpersonal and communication skills, with the ability to work effectively with employees at all levels.
- Proficiency in HRIS systems and Microsoft Office Suite.
- Strong analytical skills and attention to detail.
- Certification in Human Resources (e.g., PHR, SHRM-CP) is a plus.
- Perform quality work within determined timeframes
- Interact professionally with other employees, customers, vendors and shareholders
- Work independently while understanding the necessity for communicating and coordinating work efforts with other employees, departments, divisions, etc.
- Work on ad-hoc tasks, assignments and projects as needed
Potential Salary: $140,000 - $150,000 annually This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.