What are the responsibilities and job description for the HR Payroll & Benefits Specialist position at Sagicor Life Insurance Company USA?
Position Purpose
The HR Payroll & Benefits Specialist administers payroll and employee benefits for U.S. locations, ensuring compliance with organizational policies and government legislated guidelines and regulations. Must follow efficient processes and manage risks proactively.
Responsible for timely and accurate payroll administration, benefits management, employee guidance, and problem-solving. This role is vital for maintaining employee morale and requires close collaboration between HR, Accounting, and Finance to ensure accurate reporting and compliance with payroll, benefits, and 401K regulations.
Duties/Responsibilities
- Manages payroll preparation and distribution, ensuring compliance with policies and U.S. laws.
- Administers benefits programs, policies, and procedures for U.S. locations.
- Ensure programs meet employee needs while complying with regulatory and cost requirements.
- Create statistical reports for payroll and benefits.
- Train and supervise staff on payroll and benefits.
- Resolve complex payroll and benefit issues.
- Work with HR SVP and Supervisor to review compensation and benefits policies.
- Manage multi-state compensation distribution, ensuring regulatory compliance.
- Stay updated on federal and state regulations affecting employee benefit programs such as (ERISA, COBRA, FMLA, ADA, Section 125, Workers Compensation, Medicare, OBRA, and Social Security, EEO-1, ACA and DOL requirements).
- Maintain and ensures all payroll and employee benefit data are accurate and to date for internal/external audit requirements.
- Participate in the annual internal/external audits from PwC and KPMG.
- Maintain and ensures accuracy of all employee benefits, including billing, change reporting, enrollment, and review of Medical, Dental, 401K, and Life.
- Manage annual personnel reports and EEO.
- Oversee paid time off (PTO) accruals and coordinate with accounting.
- Assist in managing long-term incentive (LTI) stock awards for executives.
Qualifications
- Strong knowledge of payroll and benefits administration procedures and legislative government guidelines.
- Minimum of 3-5 years of experience in the Payroll and Benefits.
- Proficient in Payroll and benefits software.
- Payroll Certification and professional designations preferred.
- Proficiency in Microsoft Office applications ie., Excel
- Solid aptitude for detail and accuracy.
- Ability to use sound judgment with issues that are sensitive and confidential in nature.
- Effective problem solving and analytical skills as well as organizational, multi-tasking and prioritizing skills.
- Ability to communicate with various levels of staff including management.
- Ability to work independently or as part of a team to meet constant deadlines.
- Basic understanding of accounting principles.
- Most importantly “Passion” and the desire to make a difference.
Sagicor Life Insurance Company is an Equal Opportunity Employer. All qualified applicants will be considered for employment regardless of race, color, age, national origin, religion, sex, gender identity or expression (including transgender status), military or veteran status, physical or mental disability, sexual orientation, genetic information, pregnancy, childbirth or related medical conditions, or any other status protected under applicable federal, state, or local law.
Salary : $65,000 - $82,000