Benefits Specialist I

Regal Rexnord•South Beloit, IL

9h•Hybrid

About The Position

The Benefits Specialist I supports the administration of Regal Rexnord’s U.S. health and welfare benefits and assists with global benefit plans as needed. The role partners with the Total Rewards team, Human Resource Business Partners, team members, beneficiaries, and vendor partners to answer questions and resolve benefits matters. It also supports accurate benefits plan materials, administration, and reporting, and provides the opportunity to learn about health plans. The position reports to the Health and Welfare Benefits Manager. It follows a hybrid work model based at the South Beloit, Illinois location: onsite at least three days per week, Monday through Thursday, with the flexibility to work remotely up to two days, including Friday.

Requirements

Bachelor’s degree or equivalent experience in HR, Finance, or a similar field.
At least 1 year of HR or benefits experience.
Strong analytical and problem-solving abilities.
Excellent communication skills, attention to detail, and the ability to analyze, organize, and communicate effectively in writing and verbally.
Ability to be hands-on, resourceful, demonstrate initiative, and focus on results.
Mindset of continuous improvement and ability to embrace Regal Rexnord’s 80/20 principles.
Ability to develop and foster strong partnerships.
Must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

Responsibilities

Respond to Human Resource Business Partners, team members, beneficiaries, and vendor partners regarding health and welfare plan inquiries and matters.
Conduct new hire benefits orientation sessions.
Manage monthly vendor invoices and coordinate payments for Health and Welfare plans.
Support the ongoing administration of the benefits administration platform and Human Capital Management (HCM) system.
Oversee payroll-related benefits administration, including approval of Payroll Authorization Forms (PAF) and prior service credit administration.
Administer benefit programs, including wellness, leaves of absence (LOA), and discount programs.
Maintain benefit plan materials on the HR SharePoint site and benefits administration platform.
Assist with the annual Open Enrollment process.
Act as a vendor liaison and help maintain strong vendor partnerships.
Manage Qualified Medical Child Support Orders (QMCSOs), employment verification requests, and relocation assistance.