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Benefits Administrator


Job Summary:

The Benefits Administrator position is responsible for directing and planning the day-to-day operations of group benefits programs (group health, dental, vision, short-term and long-term disability, life insurance, flexible spending plan, etc.). This position provides excellent customer service and designs quality benefits plans. They will continually investigate new benefit programs, improves existing programs, and supervise and monitor benefits administration.  Will adhere to all company policies, processes, quality standards, and safety standards.

Supervisory Responsibilities: None.

 

Duties/Responsibilities:

  • Research employee benefit plans and vendors to identify those that present the best value
  • Design, recommend and implement new benefit programs. Examine possible plan designs and benefits cost changes.
  • Negotiate with vendors and administrators for best plans, options and rates
  • Serve as primary contact for plan vendors and third-party administrators
  • Coordinate transfer of data to external contacts for services, premiums, and plan administration
  • Evaluate and revise internal processes to reduce costs and increase efficiency
  • Document and maintain administrative procedures for assigned benefits processes
  • Ensure compliance with applicable government regulations. Ensure timeliness and accuracy of required reporting and fees.
  • Coordinate daily benefits processing. Handle enrollments, COBRA, terminations, changes, QMCSOs, disability, accident and death claims, etc.
  • Oversee maintenance of employee benefit files, maintain group benefit database and update related employee payroll records.
  • Gather employee data and oversee the processing of monthly billings and the preparation of vouchers for payment of administrative fees for all group plans.
  • Analyze current benefits, evaluating the use, services, coverage, effectiveness, cost, plan experience, and competitive trends in benefit programs, and identify the company’s stance.
  • Perform plan audits. Prepare, collect and organize data for actuarial assessments. Review data in conjunction with actuarial evaluation task forces.
  • Review both short- and long-range cost estimates/projections and relevant statistical analyses regarding modifications in benefit programs and implementation of new programs.
  • Survey industry trends. Complete benefits surveys and review information obtained from the results. Analyze complex benefits information. Forecast trends and assist with future benefits designs. Develop specific recommendations for review by management.
  • Monitor administrative costs of benefits programs and recommend cost containment strategies, including alternative methods for administration and funding. Prepare budgetary recommendations and assist in the monitoring, verifying and reconciling of budgeted funds.
  • Provide customer service support to internal and external customers. Develop communication tools to enhance understanding of the company’s benefit packages at all locations in all applicable states.
  • Design and distribute materials for benefit orientations, open enrollment, and summary plan descriptions.
  • As the company’s benefits SME, provide guidance and training to applicable managers and HR staff at various locations company-wide.

Requirements:

  • Bachelor’s degree in human resource management or related field, and three to five years of related benefits or employee benefits administration experience
  • Computer proficiency and technical aptitude with the ability to use Microsoft products, including Excel, Word, PowerPoint and Outlook; experience with HRIS and benefits databases.
  • Project and team management/leadership skills and experience
  • Proven ability to work effectively in a team environment with associates
  • Effective planning and priority setting. Ability to manage several complex projects simultaneously while successfully meeting deadlines
  • Strong analytical skills and a thorough knowledge of plan designs
  • Ability to understand, evaluate and make judgment on proposals (RFPs)
  • Knowledge of benefits contract language
  • Knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs, including the ACA, ERISA, COBRA, FMLA, ADA, Section 125, workers’ compensation, Medicare, OBRA, and Social Security and DOL requirements.
  • Excellent communication and organization skills
  • Must meet ITAR definition of US Person (documentation required)
  • MTI is a safety sensitive manufacturer. As such, successful results of pre-employment drug testing will be required.

Preferred Qualifications:

SHRM-CP or SHRM-SCP and CEBS professional designations preferred.

Physical Demands/Work Environment:

The employee is regularly required to sit, move throughout the facility, use hands, reach with hands and arms, and communicate.  Work in office environment in manufacturing facility and use of computer (typical 2-button scroll mouse, and keyboard – 95% of the work day).   The employee must occasionally lift or move up to 20 pounds.  Specific vision abilities required by this job include close vision, depth perception, and ability to adjust focus.  The noise level in the work environment may be loud at times.  Must be able to use required PPE.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This posting is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required in this job.

 

To apply you must submit resume noting job inquiry ID#240310723 to the Human Resources Department by email at: corporaterecruiter@meyertool.com.

 

An Equal Employment Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, genetics, or protected veteran status and will not be discriminated against on the basis of disability.

Will remain posted until filled.