Senior Benefits Specialist (CONTRACTOR)

CLS-Group•Iselin, NJ

7d•Hybrid

About The Position

CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day. Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use. CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market. Our ambition to make a positive difference starts with our people. Our values underpin everything that we do at CLS and define our working environment: Pivotal purpose, Trusted guardian, Targeted innovation, Facilitate connections, Delivering excellence, Inclusive culture. We are seeking a skilled Benefits Administrator for a contract role, focused on managing US benefits administration. This role includes day-to-day tasks and leading the 2027 Open Enrollment, ensuring seamless administration and compliance with regulations.

Requirements

Bachelor’s degree in Human Resources, Business Administration, or related field, or equivalent experience.
6-8+ years of experience in benefits administration.
Experience managing LOA programs, including knowledge of NJ and NY state leave requirements.
Understanding of employer-sponsored 401(k) policies, procedures, and employer match.
Experience supporting or coordinating health and wellbeing programs.
Strong experience with benefits invoicing and billing.
Familiarity with federal and state benefits regulations, including FMLA, ERISA, ACA, COBRA, and HIPAA.
High attention to detail with strong analytical and problem-solving skills.
Ability to work effectively in a dynamic, fast-paced environment.

Responsibilities

Administer day-to-day US benefits operations, including leading the 2027 Open Enrollment process.
Support Leave of Absence (LOA) tracking and administration in compliance with NJ and NY requirements.
Respond to employee benefits inquiries, escalating complex issues as necessary.
Resolve eligibility and enrollment discrepancies with vendors.
Maintain accurate records across HRIS and vendor systems.
Address employee inquiries related to the 401(k) plan, covering eligibility, enrollment, and general plan information.
Prepare recurring and ad hoc reports, such as enrollment, eligibility, and headcount.
Track and document outstanding items to ensure timely resolution.
Liaise with brokers and insurance carriers to resolve issues, discrepancies, and data requests.

Benefits

2 paid volunteer days
Generous parental leave policies
Parental transition coaching programmes and support services.
Wellbeing and mental health support resources
Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network)
Hybrid working
Active support of flexible working for all employees where possible.
Monthly ‘Heads Down Days’ with no meetings across the whole company.
401K match from CLS for US employees.
Private medical insurance
Dental coverage.
Social events
Annual flu vaccinations.
Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
Access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.