Payroll & Benefits Specialist

1ST MIDAMERICA CREDIT•Bethalto, IL

3d•$60,800 - $76,000

About The Position

1st MidAmerica is seeking a Payroll and Benefits Specialist to administer and analyze the credit union’s benefit and payroll processes and databases. The role includes benefits, payroll, and retirement plan administration; employee orientation and training; and regulatory compliance related to personnel, pay, and benefits. The position is based in Bethalto, Illinois, and requires the ability to work and travel to different credit union locations as determined by management. The schedule is Monday through Friday, 8:00 AM to 5:00 PM. The stated salary range is $60,800–$76,000.

Requirements

Strong knowledge of payroll and benefits administration and compliance.
Strong communication skills and attention to detail.
Ability to work and travel to different credit union locations as determined by management.

Nice To Haves

Three to five years of similar or related experience preferred.
A bachelor's degree or formal industry-recognized certifications considered equivalent to a bachelor's degree preferred, but not required.

Responsibilities

Maintain the HRIS database, including benefits, payroll, and team member information; process and audit payroll and payroll changes.
Administer benefit programs, including medical coverage, dental insurance, group life insurance, long-term disability, 401(k), and other benefits; conduct training as needed.
Create and maintain HRIS data and reporting capabilities, including status, compensation analysis, and termination reports; update monthly statistics, annual reports, and year-end HR reporting.
Prepare data and participate in assigned annual internal and external departmental audits.
Maintain vendor database information to ensure appropriate coverage and invoicing, and submit contribution or enrollment changes to vendors.
Prepare and analyze reports for group welfare plans, retirement plans, life insurance, and long-term disability plans.
Prepare annual audit and census data for testing and compliance, including Form 5500 information for retirement and Section 125 benefits and Department of Labor annual reporting.
Assist with research and production of annual departmental benefits budgets, recommend program changes or additions, and track budget progress and variances.