Contract Compensation & Benefits Specialist

Faurecia • Auburn Hills, MI

2d

About The Position

The Senior Compensation & Benefits Specialist serves as a subject matter expert for compensation, benefits, wellness, and total rewards programs. The role supports the administration, compliance, analysis, and continuous improvement of programs while ensuring alignment with business objectives and market competitiveness. Its primary focus is managing relationships with third-party vendors that administer health, welfare, retirement, wellness, and total rewards programs, including self-insured benefit plans and related compliance requirements. The specialist partners with Human Resources, Finance, and Plant Leadership to deliver reward strategies that attract, retain, and engage employees.

This is a contract role for at least one year, with potential to convert to full-time employment. The role includes vendor and benefits administration, compliance and governance, business partnership, and analytics and continuous improvement.

Requirements

• Bachelor's degree in Human Resources, Business Administration, Finance, Healthcare Administration, or a related field.
• Minimum of 5 years of progressive experience in Compensation, Benefits, Total Rewards, Human Resources, or a related field.
• Minimum of 2 years of experience managing and negotiating contracts and relationships with third-party benefits vendors, brokers, carriers, TPAs, and wellness providers.
• Knowledge of compliance requirements for self-funded or self-insured benefit plans.
• Experience administering self-insured health and welfare benefit programs.
• Experience coordinating annual open enrollment and employee benefits administration processes.
• Advanced knowledge of compensation, benefits, and total rewards principles.
• Expertise in self-insured medical and welfare plan administration.
• Proven vendor management and contract negotiation skills.
• Strong analytical, financial, and problem-solving capabilities.
• Excellent communication, presentation, and employee education skills.
• Advanced proficiency in Microsoft Excel and HR analytics.
• Experience with HRIS and benefits administration systems.
• Ability to manage confidential information with a high degree of professionalism.

Nice To Haves

• Certified Employee Benefit Specialist (CEBS), Certified Compensation Professional (CCP), SHRM-CP, SHRM-SCP, PHR, or SPHR certification.
• Automotive or manufacturing industry experience.
• Experience supporting both union and non-union employee populations.
• Experience supporting organizational transformations, acquisitions, or large-scale HR initiatives.
• Experience with SAP SuccessFactors.

Responsibilities

• Build and maintain relationships with third-party administrators, insurance carriers, benefits consultants, brokers, wellness providers, retirement plan administrators, and other vendor partners.
• Support vendor selection, contract negotiations, renewals, performance reviews, and service-level agreement management.
• Evaluate vendor effectiveness, service quality, and plan performance, identifying opportunities for cost savings and process improvements.
• Review claims utilization, healthcare trends, stop-loss performance, and benefit costs, and recommend ways to optimize plan effectiveness and financial sustainability.
• Coordinate annual open enrollment, employee education sessions, and related communications.
• Develop communications explaining benefits programs, total rewards offerings, wellness initiatives, and policy changes.
• Promote wellness programs and employee engagement initiatives that support well-being and participation.
• Ensure compliance with applicable federal, state, provincial, and local laws and regulations related to compensation, benefits, and total rewards.
• Maintain compliance with ERISA, ACA, HIPAA, COBRA, Section 125, and other applicable benefits regulations.
• Monitor legislative changes and recommend policy, process, and program updates.
• Partner with HR Business Partners, Finance, Plant Management, and business leaders on reward strategies aligned with organizational goals.
• Provide guidance and recommendations regarding benefits, compensation administration, workforce planning, and employee retention.
• Support organizational changes, acquisitions, workforce transitions, and other strategic business initiatives.
• Analyze benefits, compensation, vendor performance, and workforce data to identify trends and opportunities.
• Identify opportunities for automation, process improvement, and vendor optimization.

Benefits

• Career development opportunities.
• Access to tools and resources for learning through FORVIA University, with an average of more than 22 hours of online and in-person training.
• A multicultural environment that values diversity and international collaboration.

What This Job Offers

• Career Level: Senior