Benefits Specialist
4 weeks ago
Role: US Benefits
Shift Timings: EST zone
Location: Vadodara/Bangalore (Remote)
Essential Duties and Responsibilities
• Coordinate daily benefits processing including all enrollments, terminations, qualifying events, changes, beneficiary updates, loans and distributions. Partner with internal leave of absence team to ensure accuracy of benefits on leave, and outsourced COBRA vendor..
• Serve as primary contact for first level benefits inquires. Troubleshoot and resolve complex benefit issues with timely responses and resolutions to workforce. .
• Serve as primary contact for all vendor/third-party billing including premium, claims and administrative cost invoice payments. Maintain and validate monthly payments coordinating with Accounts Payable.
• Assist benefits data analyst with integrity of an weekly compliance of onboarding, offboarding and ACA enrollment files from multiple in house data sources through loading to benefits database
• Assist with planning and coordination/preparation for annual Open Enrollment and benefits fair/web-based vendor sessions.
• Partner with Payroll for weekly provision of benefit database adds/changes files for accuracy. Create and validate reporting of payroll deductions to benefits database to ensure reconciliation.
• Assist in ACA compliance including updating and maintaining subsidy eligible class of employees and tax form (1095) preparation.
• Assist in maintaining all benefits compliance including but not limited to ACA, annual IRS limits, SBCs, Medicare part D notices, 5500 filings, nondiscrimination testing and SAR distributions.
Education and Work Experience
• Minimum 2 + years of benefits or directly related human resources experience
• Must compliance with all US and regional privacy laws related to confidential employee information.
Specialized Knowledge and Skills
• Extensive knowledge of excel
• Self-starter who works well independently and understands necessity of coordination with other internal departments (payroll and accounts payable) for overall success.
• Comfort and familiarity with working with multiple benefits data sources such as Oracle, ADP payroll, HRIS systems and benefit administration databases.
• Working knowledge of HR/personnel practices and principles as well as health and welfare benefits.
• Above average time management, attention to detail, communication, organization, and interpersonal skills
Equipment and Applications
• PCs, MS Office, spreadsheet and database programs
• General office equipment.
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