Sr. Benefits Specialist
About The Position
PACCAR is a Fortune 500 company established in 1905 and is recognized globally for its premium commercial vehicles, financial services, technology, and customer support through respected brands including Kenworth, Peterbilt, and DAF. At PACCAR, employees help shape the future of transportation while building meaningful careers in a collaborative, values-driven environment. Whether your expertise is in operations, engineering, technology, manufacturing, or corporate functions, PACCAR offers the opportunity to grow, contribute, and make an impact with an industry leader. PACCAR provides excellent benefits to our employees and their families. Our collaborative Corporate Benefits Team works together with HR professionals across the U.S. to ensure our programs are expertly administered and that our plan participants get maximum value. Our Benefits Team works jointly on projects throughout the year and each individual has areas of focus. We are looking for a Beneifts Specialist to assist with the administration of our U.S. disability plan and provide support on our other benefits programs. The Benefits Specialist will also serve as a lead in vendor-partner relationshiops and special projects.
Requirements
- 2 years of experience in a related role
- Data analytics experience and strong knowledge of Excel
- Current understanding of legal and regulatory compliance requirements related to benefit plan compliance
- Outstanding attention to detail
- Excellent communications and relationship building skills
- Strong organizational skills and ability to effectively manage competing tasks
- Ability to confidently present in front of groups
- Ability to maintain a high level of confidentiality when necessary
- Ability to work independently with regular supervision
- Proficiency using Microsoft Office (including Word, Excel, PowerPoint and Access); PowerPoint and Excel skills must be demonstrated as part of the selection process
- HRIS system experience required
Nice To Haves
- SAP experience preferred
- CEBS, CBP, aPHR, SHRM-CP or similar designation preferred
- MBA desirable
Responsibilities
- Program manager for U.S. disability plan
- Monitor, evaluate and project plans’ financial performance
- Manage program vendor including performance against KPIs and resolution of service issues
- Evaluate, project financial impact and negotiate annual contract renewal including fees, KPIs and associated fees at risk
- Analyze current trends, recommend and project financial impact of plan design changes
- Support HR Representatives and employee through the transition of STD claims to LTD, as needed
- Negotiate and maintain current contracts
- Ensure ongoing plan compliance including analysis and implementation of legislative changes and issuance of Summary Plan Descriptions, Summary Material Modifications and accuracy of annual Form 5500 (for 4 separate business units)
- Ensure all DOL deadlines are met to protect the tax-protected status of the plans
- Maintain and audit authorized PACCAR user system access as appropriate
- Benchmarking, design and cost projection of leave programs
- Manage Corporate Benefits email box; research and respond to questions from HR representatives and employees
- Complete annual ACA reporting
- Review and approval of qualifying event benefits changes – follow established rules and procedures; research prior determinations to ensure compliant and consistent administration of plan
- Serve as disability and leave programs subject matter expert for HR Representatives and employees
- Resolve difficult and sometimes complex escalated problems
- Develop and conduct training on benefits regulations, best practices and administrative procedures
Benefits
- Competitive salary and 401k with up to a 5% company match
- Fully funded pension plan that provides monthly benefits after retirement
- Comprehensive paid time off – Minimum of 10 paid vacation days, 12 paid holidays, and sick leave
- Tuition reimbursement for continued education
- Medical, dental, and vision plans for you and your family
- Flexible spending accounts (FSA) and health savings account (HSA)
- Paid short- and long-term disability program
- Life and accidental death and dismemberment insurance
- EAP services including wellness plans, estate planning, financial counseling and more
- Global Fortune 500 company with a wide array of growth and development opportunities
- Work alongside experienced goal-oriented colleagues recognized as experts in their field
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What This Job Offers
Job Type
Full-time
Career Level
Senior
