Benefits Analyst - Richmond - Indivior PLC

    Indivior PLC
    Indivior PLC Richmond

    1 week ago

    Description
    TITLE:
    Benefits Analyst
    Indivior is a global pharmaceutical company working to help change patients' lives by developing medicines to treat opioid use disorder (OUD). Our vision is that all patients around the world will have access to evidence-based treatment for OUD and we are dedicated to transforming OUD from a global human crisis to a recognized and treated chronic disease. Building on its global portfolio of OUD treatments, Indivior has a pipeline of product candidates designed to expand on its heritage in this category. Headquartered in the United States in Richmond, VA, Indivior employs approximately 500 individuals globally. Visit to learn more. Connect with Indivior on LinkedIn by visiting
    ESSENTIAL FUNCTIONS
    The responsibilities of this role include, but are not limited to, the following:
    • Lead day to day benefits administration including health and welfare insurance plans, 401(k), and wellness initiatives
    • Ensure accurate and timely communications to employees regarding benefits
    • Assist in the relationship management of benefits vendors
    • Conduct benefits presentations for new hire onboarding program
    • Manage STD, ADA, FMLA, LTD by communicating with employee, updating Workday, and keeping manager and HRBP up to date
    • Manage COBRA subsidies via Flores entering information upon termination
    • Manage the 401(k) program - employer contributions, payroll file submittal, audits, etc.
    • Manage employer contributions for HAS, deferred compensation, 401(K); resolve any errors
    • Manage ESPP program - host bi-annual enrollments including presentations, coordination with payroll and vendor
    • Form 5500 filing
    • Lead wellness and benefits events
    GUIDING PRINCIPLES:
    Indivior's guiding principles are the foundation for each employee's success and growth. Each employee is expected to demonstrate understanding and adherence to our guiding principles in their everyday performance.
    COMPLIANCE OBLIGATIONS:
    Indivior is committed to maintaining a workplace where employees are committed to compliance and feel comfortable raising concerns about potential violations of policies or unethical behavior. As part of your responsibilities, you are expected to:
    Employee Obligations:
    • Have unquestionable ethics and integrity with the willingness to stand firm on these principles even under significant pressure
    • Risk IQ: Know what policies apply to your role and function and adhere to them.
    • Speak Up: If you see something, say something
    Manager Obligations:
    • Have unquestionable ethics and integrity with the willingness to stand firm on these principles even under significant pressure
    • Reinforce risk awareness with your team, with accountability and oversight for ongoing review and mitigation.
    • Model and reinforce a Speak Up culture on your team.
    • Assist with new vendor implementation
    • Manage open enrollment - testing, coordination with ADP, open enrollment presentations
    • Monitor and manage the compensation and benefits mailbox
    • Support finance with any benefits cost questions
    • Create and analyze benefits reports for leadership
    • Ensure compliance with state and federal laws and regulations
    • Develop, interpret and audit benefits policies
    • Maintain accurate plan documents, summary plan descriptions, vendor files, and employee records in accordance with legal and internal requirements
    Job Requirements/Qualifications
    • Minimum of 5 experience in business administration required
    • Experience in compensation administration is preferred
    • Strong understanding of benefits programs
    • Strong understanding of HR best practices and labor laws
    • Working knowledge of relevant benefit regulations and programs (HIPAA, COBRA, FMLA, ERISA, 401(k), disability, etc.)
    • Benefits certification a plus
    • Excellent communication and interpersonal skills
    • Proficiency in HRIS and Microsoft Office Suite
    • Strong organizational and multitasking abilities.
    • Ability to manage multiple tasks and prioritize effectively.
    • Understands the importance of and demonstrates confidentiality
    • Minimum of 5 experience in business administration required
    • Experience in compensation administration is preferred
    • Strong understanding of benefits programs
    • Strong understanding of HR best practices and labor laws
    • Working knowledge of relevant benefit regulations and programs (HIPAA, COBRA, FMLA, ERISA, 401(k), disability, etc.)
    • Benefits certification a plus
    • Excellent communication and interpersonal skills
    • Proficiency in HRIS and Microsoft Office Suite
    • Strong organizational and multitasking abilities.
    • Ability to manage multiple tasks and prioritize effectively.
    • Understands the importance of and demonstrates confidentiality
    EDUCATION/CERTIFICATIONS
    • Bachelor's degree in human resources, Business Administration, or a related field.
    BENEFITS
    Indivior is committed to providing a culture driven by guiding principles and top-tier benefits that match the importance of the work we do. The Indivior experience includes:
    • 3 weeks' vacation plus floating holidays and sick leave, plus company closure from December 24th- January 1st
    • 401(k) and Profit Sharing Plan- Company match of 75% on your first 6% of contributions and profit sharing contribution equal to 4% of your eligible pay
    • U.S. Employee Stock Purchase Plan- 15% Discount
    • Comprehensive Medical, Dental, Vision, Life and Disability coverage
    • Health, Dependent Care and Limited Purpose Flex Spending and HSA options
    • Adoption assistance
    • Tuition reimbursement
    • Concierge/personal assistance services
    • Voluntary benefits including Legal, Pet Insurance and Critical Illness coverage
    • Gym, fitness facility and cell phone discounts
    The duties and responsibilities identified in this position description are considered essential but are not limited to only those outlined. The employee may perform other functions that may be assigned. Management retains the discretion to add or change the duties of this position at any time.
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