Sr Benefits Manager- hybrid in Pittsburgh, PA (local candidates only)

A.C. Coy•Pittsburgh, PA

1d•Hybrid

About The Position

The A.C.Coy Company has an immediate need for a Sr Benefits Manager. This role will be critical in providing the overall direction and management/administration for the company-wide employee benefit plan.

Requirements

Undergraduate degree required
CEBS certification highly preferred
Familiarity with all aspects of employee benefit matters
10+ years of employee benefit manager experience required
Minimum of 2 years of benefits administration including Benefits Admin tables, COBRA Administration and benefits billing
Supervise 3 staff members
Demonstrated competence in Microsoft Office Suite
Experience using Benefits Administration software such as PeopleSoft or Workday
Ability to interact with all levels of management and staff personnel
Strong leadership, management, communication and writing skills
Ability to provide off-hours support and coverage, including evenings, weekends, and holidays, to support business needs

Nice To Haves

CEBS certification

Responsibilities

Evaluate, develop, propose, and implement employee benefits strategy and plan designs that support US partners and employees and the long-term business strategy, as well as ensure compliance with all laws and regulations
Monitor and analyze employee benefit practices, review benchmarking data and trends to ensure that benefit plans are competitive
Manage annual benefit renewal process evaluating and analyzing the renewals as presented by consultants, vendors, and brokers. Responsible for all health and welfare benefit programs including medical, dental, vision, life, STD, LTD, HSA, FSA, and voluntary benefits
Work with benefit consultants and HR Director to make recommendations to senior management team on open enrollment benefit decisions including plan design changes, additions, cost projections, company and employee cost impact and future considerations
Manage and ensure the company's annual benefit open enrollment process is completed accurately and timely, including programming and testing of the benefit administration system
Develop and deliver educational materials, presentations, and communication strategies to enhance employee understanding of benefit offerings
Financial responsibility for the Benefits Trust and checking account including processing deposits, transfers and withdrawals, paying invoices and reconciling bank records
Conduct budgeting and financial analysis of employee benefits programs. Monitor high-cost claims and target problem claims areas. Ensure accurate estimates, forecasts, and calculations of expenditures in benefits for budget planning and tracking
Manage ancillary benefit programs including Lyra Health EAP, Carrot family forming benefit, and Bright Horizons backup childcare
Collaborate with non-US HR personnel to develop and implement benefit programs to be offered globally
Manage vendors responsible for the day-to-day administration of the benefit programs including the self-insured medical and disability plans
Ensure plans meet requirements and statutory compliance with ACA, FMLA, ADA, COBRA, ERISA, and HIPAA legislation
Responsible for administration of all leave of absence programs, including FMLA, short and long-term disability, parental leave, workers compensation and ADA
Plan manager for the 401(k) Plan, Cash Balance Retirement Plan and Partners Deferred Allocation Plan. Ensure retirement plans are administered in accordance with plan documents and federal guidelines and regulations. Ad hoc member of the Retirement Committee
Responsible for determining eligibility for the 401(k) Plan, explaining plan provisions, calculating employer contributions, and funding contributions
Responsible for explaining provisions of the Cash Balance Retirement Plan and Partners Deferred Allocation Plan. Manage enrollments in the plans, request and maintain participant elections, and calculate and fund contributions
Manage the Cash Balance Retirement Plan distribution process and annuity payments including preparation of benefit packets, finalizing amounts, and preparing authorization instructions for plan trustee and investment manager
Compile census data for the annual non-discrimination testing of the 401(k) and Cash Balance Retirement Plans
Collaborate with the consultants, actuaries, trustees, record-keepers, and investment managers on the administration of the retirement plans
Responsible for government reporting for health and welfare plan and retirement plans with federal and state agencies including the Internal Revenue Service, Department of Labor, PBGC and other regulatory agencies
Work with external and internal auditors and finance personnel on the annual audit of health and welfare and retirement plans
Responsible for managing the 5500 filing process
Collaborate with internal stakeholders such as HR, Finance and Payroll to ensure seamless integration and processing of benefit administration activities
Responsible for management of the systems and technology to support the benefit plans
Responsible for content, maintenance, and updates to the intranet benefit website
Manages benefit staff by coaching, counseling, and mentoring employees
Travel for meetings and training as required