Benefits Analyst

Indivior • Richmond, VA

3d

About The Position

Indivior is a global pharmaceutical company working to help change patients' lives by developing medicines to treat opioid use disorder (OUD). Our vision is that all patients around the world will have access to evidence-based treatment for OUD and we are dedicated to transforming OUD from a global human crisis to a recognized and treated chronic disease. Building on its global portfolio of OUD treatments, Indivior has a pipeline of product candidates designed to expand on its heritage in this category. Headquartered in the United States in Richmond, VA, Indivior employs approximately 500 individuals globally. Visit www.indivior.com to learn more. Connect with Indivior on LinkedIn by visiting www.linkedin.com/company/Indivior. ESSENTIAL FUNCTIONS The responsibilities of this role include, but are not limited to, the following: Lead day to day benefits administration including health and welfare insurance plans, 401(k), and wellness initiatives Ensure accurate and timely communications to employees regarding benefits Assist in the relationship management of benefits vendors Conduct benefits presentations for new hire onboarding program Manage STD, ADA, FMLA, LTD by communicating with employee, updating Workday, and keeping manager and HRBP up to date Manage COBRA subsidies via Flores entering information upon termination Manage the 401(k) program – employer contributions, payroll file submittal, audits, etc. Manage employer contributions for HAS, deferred compensation, 401(K); resolve any errors Manage ESPP program – host bi-annual enrollments including presentations, coordination with payroll and vendor Form 5500 filing Lead wellness and benefits events Assist with new vendor implementation Manage open enrollment – testing, coordination with ADP, open enrollment presentations Monitor and manage the compensation and benefits mailbox Support finance with any benefits cost questions Create and analyze benefits reports for leadership Ensure compliance with state and federal laws and regulations Develop, interpret and audit benefits policies Maintain accurate plan documents, summary plan descriptions, vendor files, and employee records in accordance with legal and internal requirements

Requirements

• Minimum of 5 experience in business administration required
• Strong understanding of benefits programs
• Strong understanding of HR best practices and labor laws
• Working knowledge of relevant benefit regulations and programs (HIPAA, COBRA, FMLA, ERISA, 401(k), disability, etc.)
• Excellent communication and interpersonal skills
• Proficiency in HRIS and Microsoft Office Suite
• Strong organizational and multitasking abilities.
• Ability to manage multiple tasks and prioritize effectively.
• Understands the importance of and demonstrates confidentiality

Nice To Haves

• Experience in compensation administration is preferred
• Benefits certification a plus

Responsibilities

• Lead day to day benefits administration including health and welfare insurance plans, 401(k), and wellness initiatives
• Ensure accurate and timely communications to employees regarding benefits
• Assist in the relationship management of benefits vendors
• Conduct benefits presentations for new hire onboarding program
• Manage STD, ADA, FMLA, LTD by communicating with employee, updating Workday, and keeping manager and HRBP up to date
• Manage COBRA subsidies via Flores entering information upon termination
• Manage the 401(k) program – employer contributions, payroll file submittal, audits, etc.
• Manage employer contributions for HAS, deferred compensation, 401(K); resolve any errors
• Manage ESPP program – host bi-annual enrollments including presentations, coordination with payroll and vendor
• Form 5500 filing
• Lead wellness and benefits events
• Assist with new vendor implementation
• Manage open enrollment – testing, coordination with ADP, open enrollment presentations
• Monitor and manage the compensation and benefits mailbox
• Support finance with any benefits cost questions
• Create and analyze benefits reports for leadership
• Ensure compliance with state and federal laws and regulations
• Develop, interpret and audit benefits policies
• Maintain accurate plan documents, summary plan descriptions, vendor files, and employee records in accordance with legal and internal requirements

Benefits

• 3 weeks’ vacation plus floating holidays and sick leave, plus company closure from December 24th- January 1st
• 401(k) and Profit Sharing Plan- Company match of 75% on your first 6% of contributions and profit sharing contribution equal to 4% of your eligible pay
• U.S. Employee Stock Purchase Plan- 15% Discount
• Comprehensive Medical, Dental, Vision, Life and Disability coverage
• Health, Dependent Care and Limited Purpose Flex Spending and HSA options
• Adoption assistance
• Tuition reimbursement
• Concierge/personal assistance services
• Voluntary benefits including Legal, Pet Insurance and Critical Illness coverage
• Gym, fitness facility and cell phone discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees