Full-Time

Benefits Manager

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Fintech
Financial Services

Mid, Senior

Fort Worth, TX, USA

Hybrid schedule requires in-office presence in Fort Worth, TX.

Category
Human Resources
People & HR
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree or equivalent experience
  • 5 years of HR leadership experience in benefits administration, leave administration or HR Operations role
  • 3+ yrs experience leading leave administration programs in a multi-state environment.
  • Strong understanding of employment laws such as ERISA, COBRA, FMLA, ADA, PWFA, HIPPA, ACA and other federal and state laws covering leaves/state disability programs or benefits.
  • Strong analytical skills with the ability to solve complex problems, reconcile data and develop creative solutions.
  • Excellent verbal and written communication skills and ability to work collaboratively with cross-functional teams; Possess ability to remain tactful, calm and persuasive in complex situations.
  • Organized and able to handle multiple tasks and projects simultaneously in a fast-paced high-volume environment.
  • Expertise in plan administration, development, implementation, and training of current programs.
  • Strong ability to read a situation, navigate sensitivities and find creative solutions to workplace accommodations or return to work solutions, while interpreting applicable law.
  • A strong sense of ownership and accountability for your area and an understanding of how it fits into the larger, enterprise experience.
  • A positive outlook and a flexible mindset that works well in a dynamic, growth-oriented environment where you’ll need to pivot when things don’t go as planned.
  • Advanced skills with Excel and Powerpoint.
  • Stays abreast of industry related activities, state/federal laws pertaining to benefits accommodations and leave administration.
Responsibilities
  • Administer all aspects of employee benefits including planning, implementation, regulatory compliance, communication, training/education, and administration of programs.
  • Drive the Leave of absence and ADA administration function ensuring compliance in a multi-state environment, developing progressive tools, guides and resources for consistency and maintaining a positive employee experience.
  • Manage a team of leave specialists and ADA subject matter experts to compliantly administer workplace accommodations, leave processes and workers compensation in partnership with third party vendors (Disability, FMLA, parental leave, etc.).
  • Manage complex cases requiring nuanced interpretation of eligibility and compliance for various scenarios, including state-specific leaves and workers' compensation while providing proactive and pragmatic solutions.
  • Attracts and evolves a high performing team. Provides actionable performance feedback and meaningful coaching.
  • Automate and improve the accommodation process associated with ADA and PWFA using our HRIS systems.
  • Leads projects with key partners to execute upon new state laws, new benefit programs or annual enrollment. Serves as subject matter expert on total rewards initiatives for cross functional projects.
  • Monitors enrollment and utilization of benefit programs, including self-insured and fully insured plans, leave/disability programs and wellness programs and initiatives, ensuring compliance and controlling costs.
  • Serve as a liaison with insurance carriers, vendors on various matters such as health and welfare plan design, plan coverage, plan renewals, materials, and program performance and leave administration.
  • Develops and analyzes key performance indicators and metrics to identify trends and opportunities to enhance programs. Reconciles pay or benefits data.
  • Develops innovative solutions, or process improvements to create internal efficiencies or enhance the employee experience.
  • Other related duties assigned as needed.

OneMain Financial provides personal loans to individuals, particularly those who may not qualify for traditional banking services due to lower credit scores or financial challenges. The company offers both secured loans, which require collateral like a car or home, and unsecured loans that do not. This variety allows OneMain to meet diverse financial needs, such as debt consolidation and home improvements. Revenue is generated through interest and fees on loans, and the company also utilizes a securitization platform called Springleaf Funding Trust to bundle and sell loans as securities, ensuring a steady flow of capital for further lending. OneMain distinguishes itself from competitors by focusing on customer-centric solutions, offering personalized financial support through its extensive branch network and online resources. The goal of OneMain Financial is to provide accessible financial solutions to clients across the U.S.

Company Stage

IPO

Total Funding

N/A

Headquarters

Baltimore, Maryland

Founded

N/A

Growth & Insights
Headcount

6 month growth

4%

1 year growth

0%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • OneMain's acquisition of Foursight Capital expands its reach into the auto lending market, diversifying its portfolio and growth opportunities.
  • The company's Build: Credit Fundamentals education program demonstrates a commitment to financial literacy, potentially fostering long-term customer loyalty.
  • Significant investments from firms like Adage Capital Partners and Benjamin F. Edwards & Company indicate strong market confidence in OneMain's business model and growth prospects.

What critics are saying

  • Facing a class action lawsuit over alleged Military Lending Act violations could damage OneMain's reputation and financial standing.
  • The competitive consumer lending market requires continuous innovation and adaptation to maintain market share.

What makes OneMain Financial unique

  • OneMain Financial specializes in serving nonprime consumers who often lack access to traditional banking services, setting it apart from many competitors.
  • The company's securitization platform, Springleaf Funding Trust, provides a unique method of capital generation through bundling and selling loans as securities.
  • OneMain's extensive branch network across 44 states enhances its customer-centric approach, offering personalized financial solutions both online and offline.

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