What are the responsibilities and job description for the Benefits Specialist position at NTT DATA, Inc.?
Req ID : 314372
NTT DATA strives to hire exceptional, innovative and passionate individuals who want to grow with us. If you want to be part of an inclusive, adaptable, and forward-thinking organization, apply now.
We are currently seeking a Benefits Specialist to join our team in Plano, Texas (US-TX), United States (US).
Customer and solution focused professional responsible for reviewing and verifying the accuracy of employee payroll deductions related to benefits, ensuring compliance with company policies, applicable laws, and benefit plan terms by meticulously examining payroll records, benefit enrollment data, and related documentation to identify discrepancies and potential issues with employee benefit deductions and contributions; collaborating with HR , Vendors and payroll departments to rectify any errors or non-compliance issues
Key responsibilities :
- Auditing Payroll Data :
Examining payroll records for accuracy in benefit deductions, including health insurance premiums, retirement contributions, flexible spending accounts (FSAs), and other employee benefit deductions.
Verifying that benefit deductions align with the terms of the employee benefit plans, including eligibility requirements, contribution rates, and coverage levels.
Matching benefit deductions on payroll with corresponding information from benefit providers' invoices and statements.
Investigating discrepancies in benefit deductions, such as missing deductions, incorrect amounts, or discrepancies in employee eligibility.
Assessing the internal controls related to payroll and benefit deductions to identify potential areas for improvement.
Preparing detailed audit reports each payroll and quarterly summarizing findings, including any potential cost savings opportunities and recommendations for corrective actions.
Working closely with vendors, HR and payroll teams to address identified issues and implement necessary changes to payroll processes.
Responding to employee inquiries regarding benefit deductions and plan details.
Required Skills and Qualifications :
Edu / Experience Requirements : 6 years of relevant experience, Undergraduate degree
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About NTT DATA
NTT DATA is a $30 billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long term success. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies.Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure and connectivity. We are one of the leading providers of digital and AI infrastructure in the world. NTT DATA is a part of NTT Group, which invests over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. Visit us at us.nttdata.com
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