Senior Benefits Manager
1 month ago
Company Overview
Planet Pharma is a dynamic organization dedicated to delivering exceptional employee benefits programs that support the well-being and success of its employees.
Salary: $120,000 - $180,000 per annum
Job Description
We are seeking a highly skilled Senior Benefit Officer to join our team. As a key member of our benefits team, you will play a crucial role in managing and optimizing our employee benefits programs, ensuring compliance with regulatory requirements, and providing expert guidance to employees and HR teams on benefits-related matters.
Key Responsibilities:
- Benefits Administration:
- Manage day-to-day administration of all benefit programs, including health insurance, life insurance, disability, wellness programs, and retirement plans.
- Collaborate with external benefits vendors and carriers to ensure effective communication, accurate data exchange, and timely issue resolution.
- Compliance and Reporting:
- Ensure compliance with all federal, state, and local laws and regulations (e.g., HIPAA, COBRA, ACA, ERISA). Manage reporting and audit processes, ensuring accurate and timely filings (5500, 1095-C, etc.).
- Employee Support and Communication:
- Serve as the primary point of contact for employee benefit inquiries. Develop and distribute communication materials to educate employees on available benefits and any plan changes.
- Lead the annual open enrollment process, including developing timelines, coordinating with vendors, preparing communication materials, and ensuring seamless execution.
- Data Analysis & Reporting:
- Analyze benefits utilization and cost data to identify trends and recommend plan design changes to optimize cost-effectiveness and employee satisfaction. Prepare regular reports for management review.
Required Qualifications:
To be successful in this role, you will need:
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- 5+ years of experience in benefits administration, with at least 2 years in a senior or specialist-level role.
- Strong knowledge of federal, state, and local benefits regulations (ACA, ERISA, HIPAA, COBRA, etc.).
- Experience with HRIS and benefits administration platforms (e.g., Workday, ADP, etc.).
- Excellent analytical and problem-solving skills.
- Strong communication skills, with the ability to explain complex information in simple terms.
- Proven ability to manage multiple tasks and prioritize effectively.
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