Benefits Administrator

Description

PRIMARY PURPOSE OF JOB

Administers benefits for bank personnel, including all medical and life insurance products, and 401(k).  Services employees in the day-to-day needs of each of these benefits.

EXPECTATIONS OF ALL SOUTHERN BANK TEAM MEMBERS

• Southern Bank team members are a family, rooted in the communities we serve and working together to be the best in our industry, utilizing innovative ideas and strong products. The Southern Bank Patch illustrates these ideals.
• Ensures the confidentiality of customer non-public personal information and secures information systems to comply with bank regulations.

ESSENTIAL FUNCTIONS AND PERFORMANCE AREAS          

• Administers benefits programs designed by the bank to insure team members;
• Participates in the preparation and distribution of written and verbal information to inform team members of benefits programs, such as insurance plans, 401(k) plans and other benefit plans;
• Analyzes existing benefits policies of the bank and compares the policies to prevailing practices among similar financial institutions;
• Reconciles monthly insurance billing;
• Complies with all aspects of the Healthcare Reform Act, including monitoring hours of part-time employees;
• Administers cafeteria plan;
• Ensures compliance with all applicable laws and regulations, including, but not limited to ERISA and HIPAA;
• Enrolls team members in various group and voluntary insurance products;
• Prepares notifications to team members of changes in benefit programs;
• Educates team members on benefit topics;
• Coordinates annual benefits enrollments with various insurance companies;
• Holds quarterly calls for new hires to attend to explain Southern Bank’s benefit program
• Prepares a semi-annual 401(K) report for the Human Resources Officer
• Administers FMLA, including but not limited to, handling FMLA certification paperwork, tracking FMLA hours, and monitoring health insurance premiums for team members on leave
• Serves as back-up to Payroll Clerk; and,
• Performs special projects and other duties as assigned by Human Resources Officer.

Qualifications

KNOWLEDGE, SKILLS AND ABILITIES

• Good understanding of human relations and the ability to maintain satisfactory relationships with employees; and,
• High attention to detail and able to multi-task in a fast-paced environment; and,
• Knowledge of relevant employment laws and regulations (ERISA, HIPAA, etc.)
• Excellent interpersonal communication and computer skills.
• Proficient with Microsoft Office Suite.

EDUCATION, TRAINING AND EXPERIENCE REQUIREMENTS

• High school diploma or equivalent;
• Minimum 3-5 year experience in human resources and/or benefits administration;
• Experience and understanding of employee benefit principals, including health insurance, retirement plans, and flexible spending accounts. 

CORE COMPETENCIES

Family & Trust: Southern Bank team members build relationships based on trust and mutual respect, maintain an inclusive and honest environment and uphold integrity and transparency in all interactions.

Rooted & Service: Southern Bank team members are committed to serving customers, communities and teams with purpose, professionalism, and respect, while effectively communicating and actively listening to meet their needs.

Innovation & Strength: Southern Bank team members foster collaboration and continuous improvement, encourage visionary thinking, and strive for excellence to drive the organization forward.

Continuous Learning: Actively identifying new areas for learning; regularly creating and taking advantage of learning opportunities; and using newly gained knowledge and skill on the job and learning through their application.

Information Monitoring: Setting up ongoing procedures to collect and review information needed to manage an organization or ongoing activities within it.

Initiating Action: Taking prompt action to accomplish objectives; Taking action to achieve goals beyond what is required; being proactive.