Benefits Coordinator

Greystar

221d • $52,900 - $64,000 • Remote

About The Position

The Benefits Coordinator provides professional level administrative and analytical duties in evaluating and managing health and welfare and/or 401(k) administration. Maintains in-depth knowledge of all pertinent federal and state laws both adopted and pending, and ensures compliance with all Company and plan regulations as well as with all federal and state legal requirements. Serves as the primary point of contact with the Company's third party benefits administrators. Incumbents in this position must maintain the highest possible degree of confidentiality.

Requirements

• Professional level administrative and analytical skills in benefits administration.
• In-depth knowledge of federal and state laws related to health and welfare and 401(k) administration.
• Ability to maintain confidentiality and handle sensitive information.

Responsibilities

• Administer various team member benefit programs and plans, such as; 401(k), medical, dental, vision, life, AD&D and disability, employee assistance program and other ancillary benefits that the Company may offer from time to time.
• Serves as a second level escalation point with regards to support for team members or employee relations as needed, including, but not limited to, researching team member questions and issues, advising on policies and procedures, and communicating plan provisions.
• Oversees day-to-day administration of the 401(k) plan, ensures compliance with government regulations, and serves as a liaison between record keepers, trustees, actuaries, consultants, and Company's internal departments while maintaining a thorough knowledge of all current and past provisions of the plan.
• Review and contribute content for Company plan documents such as plan SPDs, wrap document, and team member communication materials with regards to health and welfare benefits.
• Ensure vendor is managing the Qualified Medical Child Support Orders (QMCSO) administration appropriately while serving as a second level escalation point for unique and/or complex inquiries.
• Assess, reconcile and manage the weekly export and import of census data regarding benefit and 401(k) plan information and assist with vendor error reports, making corrections as necessary.
• Facilitate funding of bi-weekly 401(k) contributions and loan processing.
• Coordinate the monthly vendor invoice process including audit, tracking, approvals, and mailing checks.
• Prepare payment requests and maintain cost files for various benefit programs.
• Coordinate the annual audit process and provides auditors with all necessary documentation and data requested.
• Serve as an escalation point for new and newly eligible team members regarding benefits enrollment deadlines.

Benefits

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
• Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
• Generous Paid Time off: 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays.
• Birthday off after 1 year of service.
• 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
• 401(k) with Company Match up to 6% of pay after 6 months of service.
• Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000.
• Employee Assistance Program.
• Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
• Charitable giving program and benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Real Estate