What are the responsibilities and job description for the Sr. Manager of Compensation and Benefits position at TOTO USA, Inc.?
JOB TITLE: Sr. Manager – Compensation and Benefits
DEPARTMENT: Human Resources
REPORT TO: Director, Compensation/Payroll/Benefits
REVISION DATE: 04/01/2025
SUMMARY:
The Sr. Manager of Compensation and Benefits is responsible to manage and coordinates the employee compensation, and benefits programs. |
DUTIES AND RESPONSIBILITIES:
Administers employee insurance programs including life, disability, and health insurance plans.
Administers employee savings plans that may include the company’s 401(k) plan, personal savings plans, and deferred compensation programs.
Advises and informs employees of changes and developments related to benefits including eligibility, coverage, and provisions.
Researches and compares incentive compensation plans offered by demographically comparable organizations; assesses competitor’s plans and makes recommendations for enhancements or improvements required to keep the organizations plans competitive and effective.
Facilitates accurate and timely delivery of employer contributions and employee payroll deductions to carriers, plan administrators, or other appropriate service providers.
Completes records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies.
Conducts employee surveys, census, and other research and demographic efforts required to collect accurate quotes from benefit providers.
Identifies and selects carriers and plans based on quotes, available benefits, and prior experience.
Monitors administrators and insurance carrier’s reports to ensure the organizations compliance with plan requirements.
Ensures the organizations and plans compliance with the applicable provisions of COBRA, HIPAA, and ERISA.
Maintains knowledge of economic conditions, labor market, and other factors related to ensuring the organization provides competitive and reasonable benefits and compensation scales and structures.
Maintains knowledge of trends, developments, and best practices in compensation and benefits administration.
Performs other related duties as assigned.
SUPERVISORY RESPONSIBILITIES:
This job has no supervisory responsibilities.
QUALIFICATIONS:
Required Skills/Abilities:
Excellent verbal and written communication skills.
Extensive knowledge of employee benefits and compensation.
Strong analytical and problem-solving skills.
Excellent time management skills with a proven ability to meet deadlines.
Thorough knowledge of COBRA, HIPAA, and ERISA requirements.
Proficient with Microsoft Office Suite or related software.
Education and Experience:
Bachelors degree in Human Resources, Business, Finance, or related required.
Five years of experience administering compensation or benefits programs required.
SHRM-CP or SHRM-SCP preferred.
Five years of experience using ADP Payroll/HRIS System
Regardless of Position/Title, all employees are expected to provide the highest level of customer service and kindness for the TOTO organization. This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee.
