What are the responsibilities and job description for the Benefits Manager position at Newegg?
Purpose of Job
We are seeking a highly skilled and experienced Benefits Manager to join our Human Resources team. The ideal candidate will have a deep understanding of employee benefits programs, experience with ADP administration, and a strong grasp of compliance reporting. This role is pivotal in ensuring the smooth administration of employee benefits, adherence to regulatory requirements, and providing excellent support to employees regarding their benefits.
Job Description
Key Responsibilities :
Employee Benefits Administration :
Oversee the day-to-day administration of employee benefits programs, including health, dental, vision, life insurance, disability, retirement plans, and other voluntary benefits.
ADP Administration :
Manage the integration and administration of the company’s benefits programs within the ADP platform, ensuring accuracy in enrollment, changes, and employee records.
Compliance and Reporting :
Ensure compliance with all federal and state regulations regarding employee benefits, including HIPAA, ERISA, COBRA, ACA, and FMLA. Prepare and submit required compliance reports such as 5500s, ACA filings, and non-discrimination testing.
Employee Support and Communication :
Provide guidance and support to employees regarding their benefits options, eligibility, and claims processes. Develop and deliver benefits education programs and communication materials.
Vendor Management :
Collaborate with external benefits vendors and brokers to manage plan renewals, negotiate rates, and resolve any issues related to benefits offerings.
Audit and Process Improvement :
Conduct regular audits of benefits enrollment and billing to ensure data integrity and resolve discrepancies. Proactively recommend and implement improvements to benefits processes and systems.
Open Enrollment :
Lead the annual benefits open enrollment process, including communications, systems updates, and coordination with vendors and employees.
Job Requirements
Required Qualifications :
- Bachelor’s degree in Human Resources, Business Administration, or related field (or equivalent experience).
- Minimum of 5 years of experience in employee benefits administration.
- Expertise in using ADP for benefits administration and reporting.
- Strong knowledge of federal and state benefits regulations, including ACA, HIPAA, ERISA, COBRA, and FMLA.
- Experience with compliance reporting and preparation of Form 5500 and ACA filings.
- Strong analytical skills with attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively in a fast-paced environment.
Preferred Qualifications :
Essential Mental & Physical Function
Mental Functions : Decisions may affect a work unit or area within a department. May contribute to business and operational decisions that affect the department. This position performs a variety of routine duties within established policies and procedures or by referral to supervisor's guidelines. Physical Functions : Sitting required 90% of the time. Walking and standing required 5% of the time respectively. No heavy lifting required. Constant keyboarding and telephone usage.
Standard office and computer equipment including MSOffice software, computer, and telephone.
Pay Transparency
This job posting may span more than one job level.
The base salary range for this position is $95000 - $115000 annually.
Additionally, Newegg offers a wide range of benefits to U.S.-based employees, including medical, dental, and vision insurance, 401(k) program with employer match, and generous time off for vacation and sick.
To provide greater transparency to candidates, we share base pay ranges for all US-based job postings in California. We set standard base pay ranges for all roles based on function, level, and location. Final offer amounts are determined by multiple factors including, skills, depth of work experience and relevant licenses / credentials, and may vary from the amounts listed above.
Travel Requirements
The base salary range for this position is $95000 - $115000 annually.
L1-EZ1
Salary : $95,000 - $115,000