Specialist II, Compensation and Benefits

LG Energy Solution Michigan, Inc. • Troy, MI

1d

About The Position

LG Energy Solution Michigan Inc. develops and manufactures large lithium-ion polymer batteries and packs for electric vehicle and energy storage applications. The Compensation and Benefits Specialist II is responsible for the administration of the company’s benefits programs, including medical and dental plans, life insurance, short- and long-term disability, wellness, HSA and flexible spending account programs, 401(k), open enrollment, workers’ compensation, and retirement plans. The role works with vendors, HR, and employees to resolve issues, address concerns, and ensure accurate and timely plan administration.

The position also supports compensation benchmarking and proposal development, benefits compliance filings, data and billing audits, employee benefits meetings, and annual enrollment planning and testing.

Requirements

• Bachelor’s degree in Business Administration, Human Resources, or a related field, or equivalent relevant experience.
• 3 to 6+ years of hands-on HR work experience, including employee benefits and compensation and system administration.
• Extensive knowledge of employee benefits, compensation, and applicable laws.
• Knowledge of pertinent federal and state regulations, including ERISA, ACA, COBRA, FMLA, ADA, workers’ compensation, Medicare, Social Security, and DOL requirements.
• Exceptional attention to detail and organizational skills.
• Ability to maintain confidentiality and handle sensitive data.
• Ability to work in a fast-paced environment.
• Strong analytical and problem-solving skills.
• Effective communication and interpersonal skills, with a high level of customer service.

Nice To Haves

• MBA or MS preferred.

Responsibilities

• Manage benefit vendor relationships.
• Provide timely and accurate day-to-day administrative support for health, wellness, and retirement programs.
• Ensure benefits-related paperwork, including Form 5500 and 1095 forms, is prepared and filed with governmental entities on time as required.
• Benchmark positions against survey data and other market intelligence to determine competitive compensation ranges and prepare proposals for top management.
• Audit benefits-related data, including benefit enrollments in the HRIS and with vendors, vendor billing, and payroll coding and deductions.
• Prepare and set up benefits meetings to obtain information and explain company benefits and related incentive programs.
• Participate in annual benefits enrollment, including planning, preparation, testing the online enrollment platform, and auditing enrollment accuracy.
• Work with vendors, HR, and employees to troubleshoot issues, address concerns, and ensure accurate and timely benefits plan administration.

Benefits

• 100% employer-paid medical, dental, and vision premiums for the employee and family.
• 100% employer-paid disability and life insurance.
• Generous paid time off and holidays.
• Opportunity to grow in a diverse work environment with a global company.
• 401(k) retirement savings and planning with a generous company match.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level