Benefits Specialist Jobs

POSITION OVERVIEW:The Benefits Specialist is responsible for managing all aspects of the Company’s health and welfare plans and retirement plans including defined contribution plans and defined benefit plans. Responsible for the administration of employee benefits in all company operations. As needed, provides special guidance and assistance to all locations on various employee benefit plans. Develops cost controls to ensure maximum coverage at the least possible cost to the company and employees. DUTIES AND RESPONSIBILITIES:

• Analyze benefits costs and policies to reflect trends and maintain current with legal requirements; work closely with insurance broker to prepare budgets, review coverages, set stop loss premiums, etc.
• Develop employee benefit standard operating procedures for employee benefit functions.
• Manage the annual ERISA audit of defined benefit and defined contribution plans.
• Gather and analyze relevant data and manage the quarterly Employee Benefits Committee meeting.
• Lead and coordinate open enrollment: renewal, planning, communication, follow-up and reporting.
• Liaise with sister business unit and coordinate responsibilities for shared programs, including health and welfare and retirement plans.
• Manage all aspects of employee benefits programs including health and welfare, wellness program, 401(k) retirement plan (Qualified), pension, flex plans, and deferred compensation plans (non-Qualified).
• Ensure the company stays apprised of and in compliance with provisions of the Employee Retirement Income Security Act (ERISA), Patient Protection and Affordable Care Act (PPACA), Health Insurance Portability and Accountability Act (HIPPA), and Consolidated Omnibus Budget Reconciliation Act (COBRA). Stay current on legislation and implications for benefit plans. Supervise the preparation of reports and applications required by law to be filed with federal and state agencies.
• Work on problems of diverse scope where analysis of data requires evaluation of identifiable factors.
• Prepare reporting for IRS and Department of Labor, prepare supporting forms and documentation for proper operation and administration of employee benefits plans, including 401(k) plans, deferred compensation plan, plans operated outside of the US, annuity plans and legacy pension plans.
• Resolve complex issues that arise in retirement/pension plan management.
• Oversee and administer leave requests and accommodations requiring specialized attention, particularly those arising under the Family and Medical Leave Act (FMLA), the Americans with Disabilities Act (ADA), state and local leave laws, and short-term or long-term disability plans.
• Work with HR Manager to coordinate cross-training of members on the HR team to foster understanding, develop knowledge and utilization of employee benefits offerings including legacy pension plans.
• Work with counsel and consultants to interpret plan documents, draft plan documents and summary plan descriptions.
• Perform other duties as assigned.
• Liaise with HRIS department to ensure the proper functioning of benefits integration feeds and resolution of errors.

JOB REQUIREMENTS:

• Microsoft Excel proficiency: knowledge of lookup and search formulas, pivot tables, etc.
• Minimum of five years’ experience in employee benefits programs.
• Ability to collaborate and achieve consensus within diverse business groups.
• Possess strong team management skills and the ability to lead by example in a constantly changing and variable environment.
• Hands-on knowledge of ERISA audits (5500).
• Able to work independently with minimal supervision and high attention to detail.
• HRIS software skill proficiency preferred (Workday).
• Exceptional organizational, research, writing, leadership business and client relationship skills.
• Bachelor’s degree in relevant discipline.
• Working knowledge of ERISA, COBRA, PPACA and HIPAA regulations.

PHYSICAL ENVIRONMENT:

• Incumbent may sit for long periods of time at a desk or computer terminal
• Stooping, bending, twisting, and reaching may be required in the completion of job duties
• Incumbent may use calculators, keyboards, telephone, and other office equipment in the course of the normal workday
• Most work is performed in a temperature-controlled office environment

This position requires satisfactory passing of a drug test in accordance with Florida Statute

• 440.102.