Senior Benefits Specialist
$63.86k - $80.44kCedar Rapids Bank & Trust
Senior Benefits Specialist
The Senior Benefits Specialist is responsible for both administrative and strategic tasks to support the execution of benefits administration for the Company. This role will also collaborate with benefit vendors and third-party administrators (TPAs), lead the annual Open Enrollment process and be an employee advocate.
- Perform benefit administration which includes, but is not limited to, new hire enrollment, new employee orientation, termination of employment, annual open enrollment, claims resolution and COBRA administration.
- Lead the Open Enrollment process including facilitation with payroll and benefit vendors, meetings with employees, and updating materials as needed.
- Respond to benefits inquiries from managers and employees on plan provisions, eligibility, benefits enrollments, status changes and other general inquiries.
- Administer miscellaneous benefits including Tuition Assistance, Clothing Allowance, Sabbatical Leave, etc.
- Understand and process life & AD&D claims, short and long-term disability claims, FMLA claims, and worker's compensation claims.
- Research and recommend new employee benefits and technology applications to maximize the employee experience and attract and retain top talent.
- Manage and deliver the monthly Benefit Education Series to employees to help employees maximize their Total Rewards package.
- Administer annual benefit statements and Affordable Care Act reporting (including preparation of Forms 1095-B and C's).
- Coordinate the benefit integration efforts related to mergers and acquisitions, including but not limited to plan transitions, vendor notices, and employee meetings of the other company.
- Comply with all company or regulatory policies, procedures and requirements that are applicable to this position.
- Foster and preserve a culture of diversity, equity, and inclusion.
- Additional duties and responsibilities may be required to support the company's mission, vision and values.
Bachelor's degree or equivalent work experience.
- Minimum 3-5 experience in Benefits Administration, including previous work experience with a Benefits Administration System.
- Knowledge of Paylocity (HRIS System) or experience with Payroll/HR database systems a plus.
- Working knowledge of IRC Section 125, HIPAA, COBRA, ADAAA, FMLA, worker's compensation, ACA, and all other benefits related laws and regulations.
- Superior interpersonal relation skills required.
- Excellent organizational skills and ability to organize and manage a variety of projects at one time.
- Good reasoning abilities, sounds judgement and excellent communication skills required.
- Proficient with Microsoft Office Suite or similar software.
- Ability to work independently and maintain the utmost confidentiality.
Duties are performed in a professional office environment. Some travel required.
The minimum salary range for this position is $63,861.00-$80,436.00 annually. This position is a regular full-time position and individuals employed as regular full-time are eligible for the following benefits subject to the terms, limitations and conditions of each benefit plan: Health, Dental, Vision, Life Insurance, Disability Insurance, FSA, HSA, 401K, Employee Stock Purchase Plan, Paid Time Off, Paid Holidays and additional Voluntary Supplemental Insurance.
At QCR Holdings, Inc. we are committed to fostering and preserving a culture of diversity, equity, and inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger.
QCR Holdings, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status.
It is the policy of QCR Holdings, Inc. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.
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