Company in Financial Services is looking to hire a Senior Benefits Specialist
- The Benefits Specialist will work with benefits vendors and provide support to employees
- Subject matter expert for health & benefits, retirement, and wellbeing programs to respond to employee inquires
- In collaboration with the Assistant Manager, design, development, and administer employee health and welfare programs including but not limited to: health insurance, retirement plans, leave management, wellbeing and other company-sponsored benefits.
- Lead Open Enrollment initiatives and employee on-boarding
- Stay current with industry trends and best practices to ensure all benefits programs comply with federal, state, and local regulations.
- Prepare annual benefits budgets and benefit analysis/reporting and projection.
- Serve as a primary point of contact for employee inquiries regarding benefits, providing timely and accurate information.
- Facilitates the leave process, encompassing FMLA, ADA, STD, and LTD, by collaborating with various stakeholders, including employees, managers, insurance providers, employee relations, and payroll.
- Responsible for development and execution of Employee Wellness Program. Establish initiatives and programs that help employees attain optimal health (mental, financial, etc.). Organizes wellness events and provides resources for employees
- Participate and lead in regulatory audits and filings, including 5500 filing, ACA, and non-discrimination testing. Assist with broker and external vendor partnerships.
- Ensure compliance with all federal, state, and local laws regarding employee benefits and payroll regulations. Support payroll team on audit requests.
- Partner with the external Workers' Compensation carrier to manage and oversee workers' compensation claims throughout the claims process
- Process bi-weekly payroll for multi-state workforce. employer, ensuring timely and accurate payroll distribution. Ensure accurate data entry and quality, process documentation, & reporting.
- Serve as a point of contact on payroll related questions.
- Partner with compensation team on FLSA and compensation programs.
- Lead initiatives to introduce new benefits programs and payroll technologies that enhance the employee experience.
- Continuously evaluate and improve benefits and payroll processes to enhance efficiency and accuracy.
- Collaborate with HCMS to identify and implement innovative solutions.
- Develop and document standard operating procedures for benefits and payroll
- Encourage a culture of continuous learning and improvement within the HR team.
- Foster a positive employee experience by providing exceptional service and support.