Senior Benefits Specialist

1 month ago

ParsippanyTroy Hills, United States Company Full time

Overview:

We are seeking a Senior Benefits Specialist to take charge of optimizing our employee benefits programs. This role will oversee all aspects of benefits administration, ensuring compliance with regulations while prioritizing employee satisfaction and well-being.

Responsibilities:

  • Administer employee benefits programs daily, covering health, dental, vision, retirement, life, disability insurances, and wellness initiatives.
  • Act as the main point of contact for employee queries on benefits coverage, eligibility, and enrollment.
  • Collaborate with benefits brokers and insurers to negotiate contracts, assess plan options, and evaluate cost-effectiveness.
  • Conduct annual benefits plan analyses, including benchmarking studies and utilization reviews, to gauge program effectiveness and identify areas for enhancement.
  • Manage open enrollment activities, including communication preparation, information sessions, and overseeing enrollment procedures.
  • Ensure compliance with federal, state, and local regulations such as ERISA, ACA, HIPAA, and FMLA.
  • Oversee leave of absence administration, including FMLA, disability, and statutory leave programs.
  • Administer retirement plans, including 401(k) and pension plans, ensuring IRS compliance and fiduciary duties.
  • Develop and deliver employee education and communication initiatives to promote understanding and appreciation of benefits programs.
  • Stay updated on industry trends, best practices, and regulatory changes in employee benefits, making recommendations for benefit adjustments as necessary.
  • Assist in developing and implementing HR policies and procedures related to benefits administration.
  • Provide support for other HR initiatives and projects as required.

Qualifications:

  • Bachelor's degree in Human Resources, Business Administration, or a related field.
  • 5+ years of experience in benefits administration in a corporate environment.
  • Proficient knowledge of employee benefits laws, regulations, and best practices.
  • Experience with benefits administration software and HRIS systems.
  • Strong communication and interpersonal skills, capable of engaging with employees across all levels.
  • Excellent analytical and problem-solving abilities, with meticulous attention to detail.
  • Ability to handle sensitive information discreetly and professionally.
  • Preferred certifications: SHRM-CP, SHRM-SCP, CEBS, or similar HR credentials.

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