Manager, Employee Benefits

Power Solutions International Inc•Itasca, IL

4d•$110,000 - $140,000•Onsite

About The Position

Power Solutions International (PSI) is a leading manufacturer of emissions-certified powertrains specializing in customized and fully integrated turnkey solutions for the leading global equipment manufacturers in the industrial, transportation, and energy markets manufacturers. Our facilities are housed in one million square feet of engineering, assembly, operations, and distribution space across seven facilities. We are positioned to meet the high production volumes of our customers with added capacity for growth. Reporting to the HR Director, the Manager, Employee Benefits manages and administers benefits, and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, wellness, and 401(k) plan. This individual will develop and administer processes and controls to allow effective data analysis and reporting of benefits, maintain the accuracy of employee benefits, ensure compliance with regulations, and effectively use resources to attract and retain employees through benefits.

Requirements

Bachelor’s degree in Human Resources or Business preferred; may substitute with direct applicable work experience on a year-for-year basis which built competencies and subject matter expertise.
Demonstrated success in managing employee benefits policies, offerings (medical, dental, vision, life, short- and long-term disability, and wellness), procedures, administration for a high-volume environment.
Demonstrated experience managing, administering, and auditing a large scale 401(K) retirement plan. This includes experience with regulatory compliance, plan controls, annual audits, and vendor oversight.
Tech savvy with experience using MS Office (especially Excel) and an HRIS (ideally Paycom)
Ability to juggle multiple projects and priorities
Subject Matter Expertise in ADA, ACA, HIPAA, COBRA, DOL, and ERISA
Ability to ensure confidentiality of employee information
Project Management success.

Nice To Haves

Manufacturing industry experience supporting a significant non-exempt employee population a plus.

Responsibilities

Lead the design, implementation, and administration of benefit programs, including medical, dental, disability, life insurance, employee assistance, retirement, wellness, and other plans.
Manage the new hire and annual open enrollment cycle, interfacing with other members of the HR team, vendors, and other parties.
Provide responsive support and resolution for PSI’s managers and employees on questions related to benefits.
Interpret health and welfare, 401k retirement, programs, policies, and plan documents to facilitate administration, respond to questions, and interface with vendors, brokers & partners independently to solve complex problems.
Develop regular reporting for leadership to monitor effectiveness of programs, model cost impact, and make recommendations for changes.
Support vendor relationships related to medical, dental, vision, life insurance, short- and long-term disability, HSA, FSA, and 401(k) plans.
Help identify vendors, establish vendor standards and SLAs, and monitor and evaluate performance with a focus on timely delivery, quality, and managing costs.
Audit benefits invoices.
Manage and maintain HRIS database (Paycom), to support benefits operations strategy, and working closely with Payroll and HRIS.
Assist with system security administration.
Partner with the broker and counsel to ensure compliance with state and federal regulations including ACA, HIPAA, COBRA, DOL and ERISA.
Manage the leave of absence process, ensuring leaves are compliant with all applicable state and federal law.
Lead the communication process to all leave stakeholders.
Develops and manages an integrated wellness program to support employees and dependents.
All other duties as assigned by management.