Jobs

    Benefits Specialist - West Caldwell, United States - LHH

    LHH
    LHH West Caldwell, United States

    4 weeks ago

    LHH background
    Description

    LHH Recruitment Solutions is seeking a highly qualified Benefits Specialist/Analyst to oversee and optimize the group benefits programs. This position will play a critical role in analyzing benefit offerings, ensuring compliance with regulations, and managing vendor relationships. The successful candidate will have a strong background in benefits administration, strategic planning, and data analysis. The successful candidate will join a dynamic HR team dedicated to supporting employee well-being and organizational success. If you meet the qualifications and are eager to contribute to our benefits strategy, we encourage you to apply.

    Responsibilities:

    • Analyze and evaluate current benefits programs, including health insurance, dental insurance, vision insurance, life insurance, disability insurance, and wellness programs.
    • Research and recommend new plans based on plan designs, benefits costs, and legislative changes.
    • Collaborate with brokers, insurance carriers, and plan advisors to negotiate rates and ensure competitive offerings.
    • Serve as the primary contact for benefit brokers, plan vendors, and third-party administrators, coordinating data transfer and ensuring accurate plan administration.
    • Monitor benefit costs, service provider fees, and internal participant data for accuracy.
    • Perform benefit reconciliations, including 401k, Medical and Rx claim funding, FSA, and HSA.
    • Identify and implement required plan changes and amendments in response to new legislation.
    • Assist with the company-wide open enrollment process and annual electronic reenrollment table updates.
    • Manage benefit vendor relationships, data integrity, reporting, and interfaces.
    • Work with HRIS Analyst to develop, test, and implement new plans, interfaces, and reports.
    • Gather and analyze relevant data to comply with state legislated benefits and respond to benefit appeals.
    • Designing and evaluating benefit programs to meet the diverse needs of multiple business entities.
    • Developing cost-effective benefit solutions while maintaining competitive offerings.
    • Balancing the unique needs of different business entities while aligning with company goals.

    Qualifications:

    • Bachelor's degree in Business Administration, Human Resources, or related field, or equivalent work experience.
    • Minimum of 3-5 years of experience in benefits administration, including involvement with health, welfare, and retirement benefit plans.
    • Strong analytical skills with the ability to perform reconciliations, cost analysis, and draw operational conclusions.
    • Knowledge of federal and state regulations governing employee benefits programs.
    • Proficiency in Microsoft Office, with expertise in Word, Excel, and PowerPoint; HRIS/PeopleSoft experience preferred.
    • Excellent communication, organization, and teamwork skills.

    Compensation and Benefits:

    • $70,000-$90,000
    • Benefits include Medical, Dental, Vision, 401k
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