Full-Time

Benefits Specialist

Confirmed live in the last 24 hours

TIH

TIH

201-500 employees

Consulting
Financial Services

Senior

Charlotte, NC, USA

Category
Human Resources
People & HR
Required Skills
Data Analysis
Requirements
  • Bachelor's degree in Human Resources or related field
  • 5+ years of experience in administering welfare benefits and/or retirement plans
  • Prior Workday experience (preferred)
  • Excellent working knowledge and proficiency in Microsoft Office, HRIS, and other HR related applications
  • Ability to identify and resolve complex problems or procedural irregularities, collect data, interpret facts to draw valid conclusions and make proper recommendations to management
  • Possess superior time management and organizational skills with attentiveness to detail
  • Ability to analyze information and convert related tasks into a comprehensive work plan
  • Communicate in a clear, effective and respectful manner whether verbally or in writing.
Responsibilities
  • Consult and provide expert guidance to HR Business partners, active and terminated teammates regarding health and welfare, and retirement (qualified and non-qualified defined contribution plan) benefits (“benefit plans”). Work independently with minimal need for guidance from the Benefits Administration Manager in the day-to-day operations.
  • Stay abreast of legal and benefit plan requirements and ensure processes and plan provisions remain compliant.
  • Work closely with brokers and vendors to track tasks and issues.
  • Interpret and administer benefit plans and policies to ensure adherence to federal and state laws as well as internal guidelines.
  • Process full range of benefit plan transactions in accordance with written policies and procedures.
  • Serve as a back-up and provide support to team members and serve as a skilled resource for internal training.
  • Counsel newly acquired teammates on the transition of their former benefit plans to the new benefit programs available. Capable of comprehending and interpreting the acquisitions' former benefit plans to effectively communicate these transitions to teammates and retirees.
  • Efficiently execute and prioritize daily time-sensitive tasks and requests in addition to maintaining ongoing projects and processes in a timely and proficient manner.
  • Manage leave of absence requests and processes, including FMLA, ADA, and state-specific leaves.
  • Respond to employee inquiries related to benefits and leave.
  • Provide support for Workday system administration and reporting, including data entry, maintenance, and reporting.
  • Draft and maintain standard operating procedures (SOPs) for benefit processes.
  • Process benefit invoices, including data entry, reconciliation, and payment.
  • Process 401(k) contributions, loans, distributions, and prepare required reports.
  • Prepare and file required government reports, including ACA reporting.
  • Maintain accurate and up-to-date employee benefit records.

Company Stage

N/A

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $15.5 billion valuation and acquisition by prominent investors like Stone Point Capital and CD&R highlight TIH's strong market position and potential for growth.
  • The new ownership structure provides TIH with additional resources to invest in cutting-edge technology and develop innovative products and services.
  • TIH's ability to operate under its current brand names ensures continuity and stability for employees and clients.

What critics are saying

  • The transition to new ownership could lead to strategic shifts that may not align with the current operational strategy.
  • The insurance industry is highly competitive, and maintaining market share will require continuous innovation and adaptation.

What makes TIH unique

  • TIH is the fifth largest insurance brokerage in the U.S., providing it with significant market presence and influence.
  • The acquisition by Stone Point Capital and CD&R provides TIH with substantial financial backing, enabling it to explore new growth avenues and strengthen its operations.
  • TIH's diversified portfolio of top-performing businesses allows it to maintain a competitive edge in the insurance industry.

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