Associate - Benefits and HRIS Reporting

3 weeks ago


New York, United States Northbound Search Full time
Job DescriptionJob Description

Job Description:

Our client is one of the nation's most successful and well run diversified financial services firms in the world. They have more than 2000 employees in North America and in this role, you would have strategic responsibility for the benefits, 401k, and wellness programs. Our client contracts with an outside firm for much of the administration. In addition, our client is looking for someone who is a strong user of HRIS and someone excited to own many pieces of the reporting process.

Job Responsibilities:

  • Retirement Plan Administration
  • 401k daily administration
  • Work with outside counsel to update retirement plan documents as needed
  • Oversight and review of 401k funding
  • Monthly Pension funding
  • Health/Welfare Administration
  • Counsel employees on health plans and administer benefits for them.
  • Respond to employee requests i.e. supplemental life insurance, domestic partner cost mockups/imputed income
  • Initial point of contact for employee ergonomic requests
  • Workers' Comp administration - collect incident information from employee, file claims with carrier
  • Administration of HC FSA, DC FSA, and commuter benefit programs
  • Semi-monthly WageWorks HC/DC deduction changes to p/r
  • Benefits Enrollment/Changes/Term Process
  • process monthly employee term entries in PeopleSoft, create census file for upload to COBRA vendor, and process COBRA qualifying events at Conexus
  • Liaison with consultants, actuaries, and providers for all plans: health, welfare, and retirement plans
  • Counsel employees re benefit programs and issues
  • Assist & sit in on annual employee benefits renewal meetings & calls
  • Oversee weekly Empire claim funding
  • PeopleSoft Benefits Administration
  • Maintain all aspects of benefits in PeopleSoft - tables, modules, processing
  • Create, and Test PeopleSoft 'Benefits Tickets'
  • Ongoing COBRA Administration
  • Attend weekly/ongoing Benefits Vendor calls as needed/requested
  • Assist team with overall Annual Open Enrollment Process - Prepare PeopleSoft Ben Admin system for Self Service, create pdf documents, test system
  • Benefit Plan testing/reporting/audit
  • WageWorks, & 401k Non-Discrimination Testing: Compile, prepare, and audit data from payroll, and prepare questionnaires
  • Compile and prepare data for Annual Compliance Reporting: W-2 Value of Coverage data Management of Retirement Plan Audits - Annual Deloitte, Internal, and IRS
  • Prepare annual pension plan valuation
  • Pension annual funding notices to employees - compile/audit data, review notice, send email/mailing
  • Prepare HRIS data for 5500 Benefit Plan Questionnaires, and complete questionnaires
  • Manage and complete OSHA annual survey of occupational injuries and illnesses reporting
  • Administration of ADP - ACA processes
  • Provide monthly MetLife dental COBRA counts to payroll
  • Benefits Accounting / Deposits
  • Annual accounting GL reconciliation of health care FSA, and dependent care FSA by business unit. Upon completion, process annual prefunding-refund
  • Employee Wellness
  • Assist team with Wellness Events as needed throughout the year
  • Assist with annual Flu Shot Program - discussions, conference calls, setup, testing, etc.

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