Benefits and Compensation Specialist

Job Description

Our client in Marlborough is currently looking for an experienced Benefits & Compensation Specialist to report to report to the VP of HR. This position will be responsible for the planning, management, compliance, and communication of all benefit programs including health, wellness, dental, vision, life, disability, FSA, 401(k), FMLA, COBRA, and voluntary offerings.  

The hours are Monday-Friday but individual must be flexible to work off shift based on the needs of the business. 

Must have ability to work in a fast paced, diverse manufacturing work environment. 

Bilingual in Spanish is preferred. 

ESSENTIAL DUTIES AND RESPONSIBILITIES include but are not limited to the following:

Implement benefit strategies and programs to ensure overall company competitiveness for benefit and retirement plans

Review and analyze changes to federal and state laws pertaining to benefits, and facilitate necessary changes 

Work closely with external benefit brokers and vendors 

Manage existing wellness initiatives as well as create, develop, and launch new programs in alignment with company wellness goals

Process all benefit plan enrollments and changes, plan documents, and plan regulatory guidelines in accordance with Company policies 

Manage all employee leaves i.e. FMLA, STD, LTD, and WC for compliance with company policy and applicable laws

Direct the planning and execution of open enrollment processes including development of communication materials, onsite presentations, and coordination with HRIS

Partner with vendors/brokers to complete required reporting including Form 5500, Summary Annual Reports and Descriptions

Research and respond to employee questions regarding all aspects of benefits and act as liaison between employee and insurance carriers/brokers to ensure timely resolution of issues

Audit vendor bills; reconcile HRIS and COBRA reports to monthly billing to ensure accurate payment and enrollment; prepare invoices and present bills for timely payment

Conduct comprehensive benefits orientation to new hires 

Manage Service Award Program

Responsible for COBRA administration

Oversee 401(k) educational program and participates in 401(k) Investment Committee meetings

Assist in annual audit and address audit results on internal controls for the 401(k) plan

Conduct annual wage & benefit survey, analyze data, and make change recommendations to compensation structure

Participate in wage surveys 

Other projects/duties as assigned

Qualifications

Bachelor's degree from four-year college or university

A minimum of 2-5 years experience in benefits administration and/or training in a related field. Knowledge of federal and state laws pertaining to benefits.  

Ability to read and interpret documents including legal documents, procedure manuals, policies, government regulations, and business journals.  

Ability to write routine reports, business correspondence, and procedure manuals.  

Ability to present information to groups of employees within the organization. Must demonstrate effective verbal and written communication skills and solid listening skills. 

-Proficiency in Spanish is desirable.

-Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. 

Additional Information

All your information will be kept confidential according to EEO guidelines.