Benefits Administrator

2 weeks ago


Texarkana, Texas, United States FTI Consulting Full time
About the Role

The Benefits Analyst plays a critical role in managing and overseeing FTI's benefit programs, with a significant focus on leave of absence administration.

This position is responsible for the comprehensive management of leave cases from start to finish, ensuring seamless coordination between the employee, HR partners, third-party administrators (when applicable), employee relations, legal, and payroll teams.

In addition to leave management, the Benefits Analyst is responsible for:

  • Coordinating with FTI's benefit vendor partners to ensure effective benefit plan delivery, implementing new programs, and resolving any issues that arise.
  • Assisting in the development and execution of employee communication plans, working closely with vendor partners and consultants.
  • Ensuring compliance with FTI benefit plan documents, contracts, and company policies, as well as adhering to ERISA, DOL, IRS, ADA, FMLA, and other local, state, and federal regulations.
Key Responsibilities

The Benefits Analyst will be responsible for:

  • Administration of all benefits plans to include data coordination, quality checks, and correction, as needed, by external vendor partners.
  • Contribution to the execution of the annual open enrollment process.
  • Advising on approvals of necessary documents related to qualified status changes initiated by employees which have been provided to the Global HR Service Center for review.
  • Performing employee benefit premium payroll deduction reconciliations, as needed.
  • Monitoring weekly 401(k) loan files from FTI's vendor to ensure FTI's payroll system has appropriately set-up or stopped deductions; taking corrective actions when needed.
  • Monitoring 401(k) employee eligibility status for potential errors and taking corrective action when needed.
  • Providing the necessary data reports to assist in sending employee reminder communications (e.g., FSA year-end) or other benefit notifications.
  • Reviewing and investigating employee benefit issues.
  • Managing the annual 401(k) catch-up contribution opt-out process and notifications.
  • Handling all special enrollments or special enrollment groups where high touch is required.
  • Handling all QDROs, QMCSOs, and any other unique claim or distribution arrangement. Effectively engaging the related vendor partners and their special service teams where applicable.
  • Assisting in managing all Canadian benefit programs including the billing analysis, enrollment, vacation accrual reporting, quarterly retirement contribution reminders, etc.
  • Preparing and reporting the quarterly San Francisco Health Care Ordinance processing.
  • Completing payroll reconciliation reports for HSA, FSA, and Commuter benefits.
Requirements

To be successful in this role, you will need:

  • 2+ years of benefit administration experience.
  • Bachelor's Degree required.
  • This role may require travel to FTI offices.
  • Applicants must be currently authorized to work in the United States on a full-time basis; this position will not sponsor applicants for work visas.
What We Offer

FTI Consulting offers a comprehensive benefits package, including:

  • Competitive total compensation, including bonus earning potential.
  • Full package of benefits plans, including medical, dental, and vision coverage along with life and disability insurance.
  • Generous paid time off and holidays.
  • Company matched 401(k) retirement savings plan.
  • Potential for flexible work arrangements.
  • Generous paid parental leave with available planning tools, virtual expert coaching services, and flex return support.
  • Family care benefits, including back-up child/elder care.
  • Employee wellness platform.
  • Employee recognition programs.
  • Paid time off for volunteering in your community.
  • Corporate matching for charitable donations most important to you.
  • Make an impact in our communities through company-sponsored pro bono work.
  • Professional development and certification programs.
  • Free in-office snacks and drinks.
  • Free smartphone and cellular plan (if applicable).
  • FTI Perks & Discounts at retailers and businesses.
  • Upscale offices close to public transportation.


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