Responsible for managing the corporate benefits structure, employee insurance benefits, 401k plan, and in conjunction with the Director of HR. Responsible for all benefits modules in HRIS. This role involves partnering with the Director of Human Resources to manage insurance and financial benefits related to the bank’s total rewards program, including medical, dental, vision, 401k, life insurance, disability insurance, and stock awards, along with associated auditing and reporting. The position requires analyzing plans, benchmarking, gathering employee feedback, and using available data to recommend products, benefit enhancements or reductions, cost-sharing changes, and appropriate vendor partners after coordination with consultants. It also involves managing vendor EDI feeds, fostering positive relationships with third-party vendors and brokers, and acting as the main point of contact for benefits brokers/consultants. The Benefits Manager will design HRIS features related to benefits, open enrollment, life events, and terminations, and coordinate with payroll for accuracy. Participation in service calls with the Stock Transfer Agent to support the Director of HR with coordinating stock grants and exercises, including payroll coordination for taxation and reporting, is also a key responsibility. The role includes reviewing insurance enrollment, changes, terminations, and billing, processing 401k rollovers, hardships, contribution, and loan updates, and managing the process for STD/LTD claims and Worker’s Compensation claims filing. Additionally, the Benefits Manager is responsible for managing annual compliance reporting, filing, and notifications, and acting as the benefits inquiry escalation point for complex issues.
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Job Type
Full-time
Career Level
Manager
Education Level
High school or GED