Benefits Specialist II Summit Companies - 2.9 Mendota Heights, MN Job Details Full-time $36.05 - $40.85 an hour 1 hour ago Benefits Paid holidays Disability insurance Health insurance Dental insurance 401(k) Flexible spending account On-the-job training Employee assistance program Vision insurance 401(k) matching Life insurance Referral program Qualifications Affordable Care Act (ACA) VLOOKUP function Defined contribution retirement plans FMLA State-specific regulations in benefits management Employment law

HIPAA COBRA

management HR legal compliance English High school diploma or GED Driver's License Health information regulatory compliance Regulatory compliance analysis Full Job Description

JOB SUMMARY

The Benefits Specialist II in partnership with the Benefits Manager, will support the administration of all benefits and retirement programs, including medical, dental, vision, ancillary, and 401(k) plan.

ESSENTIAL JOB DUTIES

Daily benefits processing including enrollments, COBRA, terminations, changes, beneficiaries, disability, accident and death claims, rollovers, QDROs, QMCSOs, distributions, loans, hardships and compliance testing for all locations. Respond to employee benefits inquiries via phone, email, and HCM ticketing system. Maintain/oversee compliance with company policies, state and federal regulations such as HIPAA, FMLA, COBRA, and ERISA. Support plan design and development of company's 401(k) retirement program. Support company's mergers & acquisitions efforts by performing duties as assigned by Benefits Manager. Ensure compliance with applicable government regulations, including, but not limited to required annual reporting (5500s, NDTs, ACA). Contribute to ongoing enhancements to benefits programs and HCM system configuration to scale with organizational growth Analyze results, interpret data and summarize findings and implications using PowerPoint, Word, Excel (VLOOKUP, Pivot Tables) and other written communication formats. Maintenance of electronic employee benefits files, maintain group benefits database and update employee records accordingly. Perform monthly reconciliation on all benefit plans to ensure proper coverage and billing. Perform weekly reconciliation on 401(k) deferrals and employer match deposits. Partner with the Benefits Manager to complete the 401(k) annual auditing process. Maintain and update employee-facing benefits resources on company intranet site. Assists in identifying new, emerging regulatory compliance matters. Participate in HCM system testing of benefit plans and assist in annual Open Enrollment process. Ad hoc projects as required, assigned, or requested to continue optimizing plan and system effectiveness and efficiency. Other duties may be assigned.

QUALIFICATIONS

The qualifications listed below are representative of the elements required to perform the job successfully, however in some cases, an equivalent combination of Education, Training, Certifications and Experience may meet the job qualifications.

Education, Training, Certifications:

High School diploma/ GED, required. Bachelor's degree in human resources, business, or related field preferred.

Experience, Knowledge, Skill Requirements:

5 years minimum experience in employee benefits with an emphasis on 401(k) retirement plans. Extensive knowledge of all benefit related regulations (ERISA, FMLA, USERRA, COBRA, HIPAA, Secure Act) and health, welfare and retirement benefit programs required. Knowledge of state-specific paid family and medical leave laws preferred. Highly proficient in Excel including pivot tables, V-lookups, etc.

Communication Skills:

Must have the ability to effectively read, write and communicate in English with employees and customers. Strong interpersonal, written, and oral communication skills

Systems and Software Skills:

Proficiency with Oracle Cloud HCM benefits administration strongly preferred Understanding of basic administrative procedures. Work effectively as a collaborator. Ability to multi-task. Ability to communicate effectively both written and verbal.

Other Qualifications:

Valid driver's license with acceptable driving record required. Must be able to comply with Summit's Drug and Alcohol policy and Background screening requirements, which may also include customer specific requirements based on contractual agreement. Occasional travel required, up to 20%

Physical Requirements:

While performing the duties of this job, the employee is required to sit for long periods. Employee will occasionally be required to bend, kneel, balance, lift