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Employee Benefits Specialist Jobs

Company

Minnkota Power Cooperative, Inc.
Address , Grand Forks, 58201, Nd
Employment type FULL_TIME
Salary $88,000 a year
Expires 2023-07-23
Posted at 11 months ago
Job Description

Administers Minnkota Retirement Programs

  • Supports all activities related to the retirement programs at Minnkota, including Pensions, 401(k), §457, §415 limits, actuarial studies, audits, required filings, non-discrimination and other testing, and DOL/IRS compliance
  • Maintains plan documents and amendments, including Summary Plan Descriptions, Summary Annual Reports, Material Modifications, and performance reports; posts and distributes as required
  • Supports the Pension Plan Trustee with Pension Investment Committee activities, and maintains a positive working relationship with the Investment firm representatives
  • Facilitates payroll deductions, plan financial records, and data feeds to third-party administrators

Administers Employee Insurance Benefit Programs

  • Maintains plan documents and amendments, Summary Plan Descriptions, Summary of Benefits statements, and Material Modifications; posts and distributes as required
  • Monitors trends and market influences, including legal changes to benefit administration, and advises as appropriate
  • Responsible for timely and comprehensive communication promoting aspects of the benefit package, or interest pieces on benefits
  • Completes and files 5500s and other required forms
  • Completes and submits employer claims for death and disability benefits; coordinates with employees and/or beneficiaries
  • Coordinates with Payroll and IT on matters pertaining to the Health Savings Account, premium deductions, deferrals, and enrollment matters
  • Represents Minnkota as required for ND REC Trust matters as the alternate trustee

Employee Interaction and Communication

  • Meets with employees as appropriate to discuss questions and/or concerns about insurance and retirement benefits; acts as a resource for all benefit-related matters
  • Coordinates information for those on Long-term Disability, COBRA, Retiree Medical, vested deferral pension status, or non-employees, including eligibility and enrollment
  • Manages FMLA processes and time accounting for those on medical leaves
  • Meets with employees and retirees on post-employment benefit options under insurance and retirement programs
  • Meets with employees when newly eligible for benefits
  • Responsible for Open Enrollment processes, including communication and education, programming with HRIS, and being a resource for employees
  • Collaborate with HR Department to deliver engaging and educational Open Enrollment information sessions
  • Coordinate with trainers, presenters, and logistic staff, to bring in outside education for employees on benefit related topics

Experience

Required
  • 5 year(s): Human Resources, Accounting, Insurance, or Pension/Retirement experience required; or relevant equivalency
Preferred
  • Industrial workplace setting and/or union environment preferred

Education

Required
  • Bachelors or better in Human Resource Administration or related field

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)