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HR Benefits Coordinator

American Bank & Trust
Sioux Falls, SD Full Time
POSTED ON 1/13/2025
AVAILABLE BEFORE 3/13/2025

PRIMARY RESPONSIBILITIES AND ACCOUNTABILITIES:   (90%)

  • Ensure compliance with all federal and state regulations related to benefits programs.
  • Collaborate with external vendors and consultants to optimize benefits offerings and negotiate competitive terms.
  • Develop and execute strategies to enhance the overall benefits package to attract and retain top talent including analyzing market trends and benchmarks to recommend improvements and updates to benefit policies and programs.
  • Partner with senior management to align benefits strategies with the organization's goals and objectives.
  • Serve as the primary point of contact for employees regarding benefits inquiries and issue resolution.
  • Conduct regular communication campaigns to educate employees on available benefits and ensure understanding of plan options.
  • Organize and conduct benefits orientation sessions for new hires and ongoing training for existing employees.
  • Ensure compliance with regulatory requirements such as ERISA, ACA, HIPAA, and other relevant laws.
  • Prepare and distribute regular reports and metrics related to benefits utilization, costs, and effectiveness.
  • Manage annual open enrollment processes and ensure timely and accurate enrollment of eligible employees.
  • Establish and maintain strong relationships with benefits vendors, brokers, and consultants.
  • Evaluate vendor performance and service levels, making recommendations for improvements or changes as necessary.
  • Works closely with the Accounting/Finance team to ensure employee related information is accurate and properly reconciled. Ensures documentation supports changes made within the HRIS system.  Reconciles employee records for benefit invoices and other paid services as needed.  Continues to find ways to streamline processes.

SECONDARY RESPONSIBILITIES AND ACCOUNTABILITIES:   (10%)

  • Participates in professional associations; attends industry-related conventions, conferences, conventions’ reads pertinent publications.
  • Participates in bank-related initiatives/committees such as the Wellness Committee, SF Event Committee, etc.
  • Develops relationships with other bank-related supervisors and executives to enhance network.
  • Represents Bank at various civic and community events
  • Adheres to compliance procedures and participate in required training.
  • Other duties as may be assigned

ROLE QUALIFICATIONS:

Education

  • Associates Degree Preferred
  • PHR or SPHR certification helpful

Experience

  • 4 years of human resources, recruitment, benefits, or payroll related experience, preferably within a financial institution environment preferred.
  • Experience with UKG HRIS system beneficial.
  • Knowledge and comfort with Microsoft Office programs, including excel, power point, etc.

Other Skills and Abilities

  • Knowledge of HR related laws and regulations
  • Strong communication skills, both written and verbal
  • Ability to interact with tact, diplomacy and confidentiality
  • Resourceful, innovative and well organized
  • Ability to assess problems and/or unusual situations and develop logical solutions
  • Strong ethical focus

PERFORMANCE MEASURES:

  • Meets or exceeds annual goals as pre-established by the SVP People & Culture that are aligned with the strategic plan.
  • Compliance with regulatory and legal requirements.
  • Maintains an environment where employees receive fair and equal consideration relative to all human resources related matters/policies.

 

WORKING CONDITIONS:

Work is performed largely within the Bank with limited chance for personal injury.  Prolonged and frequent mental and visual concentration required.  Periodic stressful situations in response to multiple priorities within established deadlines.  Work hours are generally during normal business hours.  Unscheduled evening and weekend work will be needed to meet the needs of customers and employees.  Out-of-town and overnight business travel will be required. Work on some Saturdays will be required.  Must be able to lift and move up to 20 pounds of office supplies and equipment.  Some bending, turning, and twisting required.

 

GENERAL NOTICE:

This position description describes the general nature and level of work performed by the employee assigned to this position and should not be interpreted as all inclusive.  It does not state or imply that these are the only duties and responsibilities assigned to the position.  The employee may be required to perform other job-related duties.  All requirements are subject to change and to possible modification to reasonably accommodate individuals with a disability. 

This position description does not constitute an employment agreement between the Bank and employee and is subject to change by the employer as the needs of the Bank and requirements of the position change.

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