The Benefits Specialist oversees and coordinates the employee benefits programs.
Responsibilities
The Benefits Specialist is responsible for the following:
- Administers employee insurance programs including life, disability, and health insurance plans and wellness programs
- Administers employee savings plans that include the company’s 401(k) plan and deferred compensation programs.
- Advises and informs employees of changes and developments related to benefits including eligibility, coverage, and provisions.
- Administers leaves (FMLA, ADA, worker’s compensation, return to work, accommodations)
- Maintains complete and accurate records of leave and accommodation requests in accordance with specified legal requirements and documentation of best practices
- Facilitates accurate and timely delivery of employer contributions and employee payroll deductions to carriers, plan administrators, or other appropriate service providers.
- Completes records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies.
- Conducts employee surveys, census, and other research and demographic efforts required to collect accurate quotes from benefit providers.
- Identifies and selects carriers and plans based on quotes, available benefits, and prior experience.
- Monitors administrators’ and insurance carriers’ reports to ensure the organization’s compliance with plan requirements.
- Ensures the Firms and plans’ compliance with the applicable provisions of COBRA, HIPAA, ERISA, ACA and FLSA.
- Maintains knowledge of economic conditions, labor market, and other factors related to ensuring the Firm provides competitive and reasonable benefits and compensation scales and structures.
- Maintains knowledge of trends, developments, and best practices in benefits administration.
- Performs other related duties as assigned.
Skills
- Excellent verbal and written communication skills.
- Extensive knowledge of employee benefits and compensation.
- Strong analytical and problem-solving skills.
- Excellent time management skills with a proven ability to meet deadlines.
- Thorough knowledge of COBRA, HIPAA, ACA, FLSA and ERISA requirements.
- Proficient with Microsoft Office Suite or related software.
Education
Bachelor’s degree in Human Resources, Business, Finance, or related required.
• Five years of experience administering benefits programs required.
• SHRM-CP or SHRM-SCP a plus
Disclaimer: Seward & Kissel is an Equal Opportunity Employer: Seward & Kissel LLP does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.