What are the responsibilities and job description for the Benefits Analyst position at onsemi?
Job Summary:
· Provide benefits-related customer service support to our employees.
· Serve as a contact for plan vendors and third-party administrators. Coordinate transfer of data to external contacts for services, premiums, and plan administration.
· Document and maintain administrative procedures for assigned benefits processes.
· Coordinate daily benefits processing. Handle new employee enrollments, benefits changes due to qualified life events, accident and death claims, QMCSOs and annual compliance testing.
· Auditing and processing of monthly billings for payment of administrative fees for all group benefit plans.
· Assist with annual 401(k) plan audit and any other internal or external audits that may occur.
· Assist with annual non-discrimination/compliance testing.
· Develop communication tools to enhance understanding of the company's benefits package. Design materials for benefits orientations, open enrollment, and other benefits-related communications.
Performance Objectives
Responsible for the day-to-day operations of U.S. and Canadian benefits programs (group health, dental, vision, disability, life insurance, health savings account, flexible spending accounts, and 401(k) plan). Provide excellent customer service to onsemi employees, assists with implementation of new benefits plans, improves existing programs, and provides analytical and technical support in the delivery of the benefit programs.