Benefits Manager
Location: Chicago, Illinois
Salary & Bonus
The ideal candidate will have a strong background in analyzing and reporting benefits data. Candidates must have advanced Excel, report writing (e.g. Cognos experience a plus) and accounting skills. Experience with in-house FMLA administration is also required.
Responsibilities
401k
• Acting as liaison between 401(k) Vendor Company, 401(k) Investment Committee and consultant to ensure smooth administration of the Company's 401(k) plan.
• Managing the annual 401(k) nondiscrimination testing process.
• Managing the Quarterly Open Enrollments for the 401(k) plan.
• Acting as liaison between employees and the 401(k) vendor handling all inquiries regarding contributions, loans, distributions.
• Adjusting employee and client charges as necessary via the Payroll system.
• Providing information to external vendors and managing IRS Form 5500 preparation/submission.
Health and Welfare
• Acting as liaison between health insurance vendor, broker/consultant, Human Resources, and employees in addressing claims issues.
• Developing/updating benefits policies.
• Acting as resident expert for ERISA, HIPAA, and COBRA issues.
• Coordinating annual Open Enrollment process for medical benefits and comparing existing benefits programs to selected benchmarks to evaluate competitive position of the Company's benefits programs
• Consulting with field management to provide appropriate solutions when a client has special benefits needs.
• Designing materials which accurately and creatively communicate benefits changes, additions, and enhancements to employees.
• Acting as liaison between employees and medical insurance vendors
• Investigating recurring employee complaint issues and recommending remedial action by vendors when necessary.
FMLA and ADA Administration
• Managing the in-house FMLA and ADA compliance programs.
• Maintaining open dialogue with employees regarding their FMLA or ADA requests.
• Working effectively with field locations to develop and implement accommodation requests.
• Maintaining all files and personnel system as they relate to FMLA requests.
Analysis
• Maintaining metrics regarding health insurance and 401(k) participation.
• Producing and analyzing reports that reflect benefits activity and overall trends.
• Reviewing administrative, technological, and financial feasibility of proposed new program offerings.
• Overseeing the review of all billing to ensure accuracy.
• Working with vendors to improve or streamline processes to increase efficiency or save time.
• Reviewing vendor invoices against accounting reports so that payments made are appropriate and proper credits are issued by vendor when applicable.
Requirements:
• Bachelor's Degree
• Five years of experience managing/administering various types of benefits programs at a multi-site (multi-state) company.
• Ability to communicate effectively with all levels of employees (verbal and written).
• Experience interpreting union contracts.
• Familiarity with ERISA, HIPAA, COBRA, FMLA and ADA and various state and federal laws applicable to employee benefits.
• Familiarity with AS400-based HR and payroll systems a strong plus.
• Experience setting up benefit plans in a HRIS system
• Prior experience as a Benefits Manager, Sr. Benefits Specialist or Benefits Analyst in a multi-state environment for a mid - large sized company (employing 1,000+ employees).
If you are interested and qualified, please send a "Word" copy of your resume/CV and salary requirements to the address below. When applying, please indicate the job and the location in the subject line of your e-mail. If this position is not for you and you know of someone who might be interested, please forward this to them.
Jericho HR Group
www.jerichohr.com
jobs@jerichohr.com
