Benefits Manager
Core
Develop, implement, and manage the bank's comprehensive employee benefit programs to ensure competitiveness, equity, and regulatory compliance.
Role type
Senior Benefits Manager
Builds
Competitive and compliant employee benefit strategies and programs
Domain
Banking / Human Resources / Employee Benefits
Required skills
Benefits design and management, Regulatory compliance (ERISA, COBRA, HIPAA, ACA), Plan administration, Open enrollment management, Vendor negotiation, Data analysis and benchmarking, Retirement plan administration (401k), FMLA/Disability/Leave management, HRIS proficiency
Preferred skills
Banking or financial services industry experience, Workday experience, Advanced Excel and PowerPoint skills
Technologies
Workday, Microsoft Office Suite, Excel, PowerPoint
Responsibilities
Oversee day-to-day operations of all employee benefits programs including medical, dental, vision, life insurance, disability, and 401k; Design and implement benefit strategies to ensure regulatory compliance and cost efficiency; Coordinate annual Open Enrollment and manage benefits enrollment, changes, and terminations; Administer Tuition Reimbursement, Corporate Matching Gift, and United Way programs; Manage FMLA, Short Term Disability, Long Term Disability, and Parental Leave; File and serve as point of contact for workers compensation claims; Analyze benefits trends and benchmark data to provide strategic recommendations; Manage the activities of the Retirement Plan (401k) Committee; Ensure compliance with federal, state, and local regulations including ERISA, COBRA, HIPAA, and ACA; Maintain key relationships with benefit providers and brokers; Perform 401(k) transaction processing including enrollments, contributions, loans, and payroll reconciliation.
Seniority
Senior, hands-on IC
