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Benefits Specialist

Data Analysis Inc.

Benefits Specialist

Los Angeles, CA
Full Time
Paid
  • Responsibilities

    Job Description

    JOB SUMMARY:

    This is a temp role needed to assist the Benefits team and provide support with several large projects involving Employee Benefits, Retirement, and Wellness programs.

    The benefits coordinator will be an additional day-to-day operations contact for group benefits programs and will provide administrative support and coverage in several areas.

    This position provides excellent customer service and is knowledgeable of various benefit plans to support internal stakeholders, benefits eligible employees, and their dependents.

    Plans may include, but are not limited to, group health, dental, vision, HSAs/HRAs, short-term and long-term disability, worker's compensation, life insurance, travel and accident plan, flexible spending plan, retirement plans, etc.

    DUTIES/RESPONSIBILITIES

    · Assist in documenting and maintaining administrative procedures for benefits processes.

    · Perform plan audits - Audit records of participants and beneficiaries including active, deferred, retired, and separated members.

    · Ensure compliance with applicable government regulations. Audits timeliness and accuracy of required reporting and fees for all health & welfare and retirement plans in accordance with company, state, and federal guidelines and regulations.

    • Reconcile and process vendor invoices and billings. Provide backup documentation and rebilling details to finance as needed.
    • Help streamline benefits communication strategy across multiple platforms and maintain communication tools that enhance understanding of the company's benefits package.

    · Acquires and distributes relevant information and documentation to plan participants and beneficiaries.

    · Explain retirement benefit plan policies, procedures, and legal requirements to employees and beneficiaries. Fields employee questions and concerns regarding retirement and pension options.

    · Research employee benefits and wellness plans and vendors to identify those that present the best value. Examine possible plan designs and benefits cost changes.

    • Help maintain and find ways to improve transfer of data to external contacts for services, premiums and plan administration via integrations and APIs to and from HRIS and Benefits platforms.

    · Provide customer service support to internal and external customers.

    · Maintains knowledge of legal and regulatory changes, trends, and other developments affecting retirement benefits.

    · Assist with new hire events, open enrollments, COBRA, terminations, qualifying events, beneficiary designation and support, disability, accident and death claims, rollovers, QDROs, QMCSOs, distributions, loans, hardships and compliance testing.

    · Performs other duties as assigned.

    REQUIRED SKILLS/ABILITIES:

    • Computer proficiency and technical aptitude with the ability to use Microsoft products, including advanced Excel skills using complex formulas and pivot tables for data analysis.
    • Experience with HRIS and benefits databases.
    • Success Factors and Workforce Now experience preferred.
    • Proven ability to work effectively in a team environment.

    · Thrives in a fast paced environment.

    · Excellent communication and organization skills.

    · Effective planning and priority setting.

    • Ability to manage several complex projects simultaneously while working under pressure to meet deadlines.
    • Strong analytical skills and a thorough understanding of various benefit plan designs.
    • Knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits & retirement programs, including the ACA, ERISA, COBRA, FMLA, ADA, Section 125, workers' compensation, Medicare, OBRA, and Social Security and DOL requirements.

    · Deep understanding of automation and relevant experience with system implementations a plus.

    EDUCATION AND EXPERIENCE:

    • Two plus years of related employee benefits administration experience.
    • Experience with retirement, insurance benefits, or financial planning is a plus.
    • Bachelor’s degree in Business Administration, Human Resources, or related field is a plus.

    · SHRM-CP and/or CEBS professional designations a plus.

     

    Company Description

    Data Analysis Inc (DAI) is the parent company of a global group of privately held firms in fields ranging from institutional equity markets to digital investment news and information to omnichannel communication solutions. DAI provides leadership, oversight, and strategic direction and shapes the purpose, vision, and mission of these firms. Shared services include administration, finance, and human resources. DAI’s global team embraces an entrepreneurial focused environment fostering collaboration, teamwork, and creativity with a dynamic culture that emphasizes the value of its associates and their dedication to success. We strive to be leaders in our field, innovators with a history of being in the forefront of using technology to deliver our services. Data Analysis Inc is an onsite position based in either Los Angeles, California or Plano, Texas.