- Lead the administration of various employee benefit plans such as group health, flexible spending accounts, health savings accounts, dental, vision, accident, disability, life insurance, 401(k), and wellness benefits.
- Create new hire onboarding and employee offboarding documentation related to benefits programs.
- Serve as the primary liaison between the Company, its broker and its benefit carries including providing necessary reporting.
- Lead the monthly invoice review and reconciliation process.
- Assist with the annual benefits renewal process.
- Lead the efforts to ensure all benefit plan compliance requirements are met including testing, auditing, Form 5500 filings, required notices, HIPAA compliance, and 1095-C reporting/filing.
- Administer 401k loans and hardships.
- Lead the annual open enrollment process including development of materials, communications, system configuration, testing, and auditing.
- Communicate with employees and management to maintain compliance with various HR policies, procedures, laws, postings, standards, and government regulations.
- Ensure data integrity of the HR system; performs queries and pulls reports from the system as needed.
- Recommend and manage updates to benefit related policies in partnership with the Benefits Manager.
- Serve as an escalation point for the Benefits Specialist.
- Provide back-up to the Leave of Absence Specialist.
- Support special projects and data analysis as needed for benefits related requests.
- Other duties as assigned.
- 5-7 years of experience in employee benefit administration.
- Bachelor's degree in human resources or related field.
- Knowledge of key employment laws including federal and state regulations.
- Goal orientated with a sense of urgency to complete tasks accurately.
- Excellent verbal and written communication skills.
- Strong interpersonal and collaboration skills.
- Ability to effectively resolve problems or issues by using judgment that is consistent with the corporate culture, standards, best practices, policies, procedures, and government law.
- Superb organization and prioritization skills.
- Demonstrated attention to detail and follow through skills.
- Ability to maintain confidential information.
- Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook).
- Infrequent travel.
- Ability to provide personal transportation from time to time.
- Occasionally lifts up to 25 pounds.
- Prolonged periods of sitting at a desk and working on a computer.
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Sr. Benefits Specialist - Oak Brook, United States - Inspira Financial
Description
Take the next step in your journey at Inspira Financial. You will help businesses and individuals thrive today, tomorrow, and into retirement. Become part of a company that is people centric and client obsessed in every interaction; a community of forward-thinking individuals focused on driving results to deliver our mission with an unwavering commitment to integrity. Join us as we strengthen and simplify the health and wealth journey - relentlessly pursuing better outcomes for all. We believe in finding the best talent While some roles are based at one of our office locations, remote roles can sit in any of the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX, UT, VA and WV. Remote status and role locations are subject to change. Relocation is not provided.
Don't meet every single requirement? Here at Inspira Financial, we believe there is no "perfect" candidate and want to encourage applying even if all the requirements listed aren't met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Inspira Financial is the place for you We look forward to receiving your application Check out this Inspira Financial video to learn more about our company
HOW YOU WILL SOAR:
The Senior Benefits Specialist will report to the Benefits Manager in the Human Resources Department. This role is responsible for managing and administering the firm's benefits and retirement programs, serving as a liaison between the broker and carriers, providing escalated support for employee benefit matters and leading the open enrollment process. The ideal incumbent will have a strong attention to detail, be client oriented and thrive in a fast-paced work environment.
Duties & Responsibilities:
Education & Experience:
Skills & Abilities:
Other Requirements:
Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 7 million clients, representing over $62 billion in assets, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners - helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, emergency savings funds, custody services, and more. Learn more at
We have been recognized for our remarkable growth on lists such as Crain's Fast 50 and Inc. 5000, and for our outstanding workplace culture and benefits with Built In's 2023 Best Places to Work and Gallagher's 2022 Best-In-Class Employer awards.
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