JOB DESCRIPTION
Manage/administer company-sponsored employee benefit plans, as assigned, as well as their applicable policies and procedures. Partner with other team members to align benefit strategy/plan initiatives with business goals and Total Rewards objectives/plan administration. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion and safety.
RESPONSIBILITIES
- Oversee assigned benefit plan vendor relationships, including vendor performance, account management, review meetings and onsite visits
- Understand the utilization/financial analysis of assigned benefit plans, recommending strategies to address trends; review rates/renewals and performance guarantee arrangements/results with benefit plan analyst
Want more jobs like this?
Get jobs in Cincinnati, OH delivered to your inbox every week.
- Partner with Health Benefits lead to implement assigned benefit plan changes for company-sponsored benefit groups
- Partner with Labor Relations team on healthcare benefits for union-represented associates in company-sponsored healthcare benefit plans, including implementation, administration, and communication
- Partner with Associate Communications team and other benefits plan team members to develop, implement and manage assigned benefit plan communication materials, including internal and external communications
- Ensure compliance of federal laws to include, but not limited to Employee Retirement Income Security Act (ERISA) and Internal Revenue Code applicable to assigned benefit plans
- Understand the laws and their impact to the plans working closely with internal and external legal counsel to develop required notices, plan amendments, plan documents and other required documentation
- Work with division HR teams and Total Rewards managers, and leave specialist to administer assigned benefit plans
- Travel to conferences and vendor facilities for meetings, as needed
- Conduct required year-end processes of assigned benefit plans
- Partner with Legal to file requests for additional registered shares with the SEC as needed.
- Must be able to perform the essential job functions of this position with or without reasonable accommodation
QUALIFICATIONS
Minimum
- Any proven management/leadership experience
- 3+ years of experience in the administration of employee benefit plans
- Excellent analytical, mathematical and problem-solving skills
- Strong ability to handle highly confidential and sensitive information
- Independent decision-making abilities
- Excellent follow-up and follow through skills
- Excellent attention to detail
Desired
- Bachelor's Degree
- 5+ years previous benefits administration specifically in assigned benefit plans