Benefits Manager, Assoc. Dir
2 months ago
Job Description:
Purpose:
We are looking for a Benefits Manager who is both strategic and hands-on with the ability to manage all facets of benefits with the primary goal to deliver an exceptional employee experience built on smooth, efficient administration practices. You will be responsible for a broad range of benefit programs, including, but not limited to, health care, wellness, disability, and life insurance.
Primary Responsibilities:
- Primary contact for employees, external benefits brokers, vendors, and stakeholders. Ensures our employees have a full understanding of our benefits offerings. Educates our employees on plan provisions so that individuals can make well informed decisions regarding benefits.
- Research and resolve problems in a timely, accurate, and professional manner. This includes confidential benefits counseling, communications with Bank management and staff, and troubleshooting with insurance carriers, and health plan providers.
- Benefits administration ownership involves monitoring of benefits and employment-related data to maintain accurate records, management of related audits processes, and controls to ensure completion and accuracy and produce relevant and timely reports to inform business decisions. Initiate all benefits enrollments, changes, and/or terminations promptly.
- Monthly reconciliation of all benefits. Contact vendors with regards to invoice discrepancies.
- Oversees employee benefit programs including analysis, design, recommendation, and implementation.
- Manage benefits broker relationships and partner with brokers to perform benchmarking and analyze trends in order to improve our employee benefit programs and reduce costs.
- Manages the annual open enrollment process for all benefit programs.
- Manages all billing for the Bank’s benefit programs to ensure accurate charging for the services and coverages received.
- Interface with Payroll to ensure accurate and timely processing of benefit plans.
- Recommend improvements to Department processes and procedures to ensure efficiency.
- Ownership of implementation of new benefit plans or benefit changes.
- Ownership of internal and external benefits site and all benefits marketing materials
- Partner with the Head of Employee Services in presenting new ideas and recommendations for our benefit programs.
- Promote wellness and other initiatives that support employee well-being.
- Oversee the management and day-to-day execution of Life Insurance plans, including vendor management, and all compliance/audit activities.
- Oversee and complete relevant statutory benefits filings, related audits, and ACA reporting.
- Maintain knowledge of and ensure compliance with all applicable laws including ACA, HIPAA, FMLA, COBRA, ADA, ADAAA, FLSA, relevant state and local laws.
- Ad hoc responsibilities, as needed.
Skills/Knowledge:
- Bachelor’s degree with an emphasis in human resources management or business, or equivalent work experience, strongly preferred.
- Minimum of three years of human resources experience, with exposure to benefits administration, compliance, and HRIS maintenance is preferred.
- Full understanding of HR functions and best practices is highly desired.
- Must have excellent Microsoft Office skills, particularly Word and Excel. Ability to design spreadsheets and use graphics is helpful.
- Knowledge of Human Resources Information Systems, ensuring data integrity and reporting, is required.
- Must be able to effectively communicate with staff at all levels, as well as with outside vendors. Interpersonal skills with a high level of diplomacy and confidentiality are essential.
- Must be a conceptual thinker with excellent organizational and time management skills.
- Must be able to multitask and adapt in a fast-paced environment, while maintaining meticulous attention to detail.
Salary Range: $145K - $155K
The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.
Salary ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.
The Bank is committed to offering all team members challenging and engaging work with market competitive pay, retirement, and benefit offerings. In support of this commitment, the Bank routinely engages in market competitive benchmarkin
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