Compensation and Benefits Specialist

Description

 The Compensation and Benefits Specialist coordinates and manages the employee compensation and benefits programs for the entire region. 

Duties/ Responsibilities:

· Administers employee insurance programs including life, disability, and health insurance plans.

· Advises and informs employees of changes and developments related to benefits including eligibility, coverage, and provisions.

· Researches and compares incentive compensation plans offered by demographically comparable organizations; assesses competitors’ plans and makes recommendations for enhancements or improvements required to keep the organization’s plans competitive and effective.

· 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.

· Assists in the selection of 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 organizations and plans’ compliance with the applicable provisions of COBRA, HIPAA, and ERISA.

· Maintains knowledge of economic conditions, labor market, and other factors related to ensuring the organization provides competitive and reasonable benefits and compensation scales and structures.

· Maintains knowledge of trends, developments, and best practices in compensation and benefits administration.

· Performs other related duties as assigned.

Required Skills/Abilities:

· 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, and ERISA requirements.

· Proficient with Microsoft Office Suite or related software.

Requirements

Education and Experience:

· Bachelor’s degree in Human Resources, Business, Finance, or related required.

· Five years of experience administering compensation or benefits programs required.

· SHRM-CP or SHRM-SCP preferred.

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at a time.
• No remote or hybrid option - position is in office Monday thru Friday from 8am - 5pm

Benefits: 

• Day 1 medical, dental, and vision without a waiting period.
• Paid Vacation
• Paid Holidays
• Onsite Clinic
• 401K (4% match 3% annual discretionary contribution)