What are the responsibilities and job description for the Benefits Manager position at Valtir LLC?
Position Title : Benefits Manager
Location : Addison, TX
Reports To : VP, Human Resources
Valtir, LLC is seeking a Benefits Manager to join our HR team in our Addison, TX HQ office. This position is responsible for overseeing the employee benefits program of our company. This includes developing and implementing a comprehensive benefits package that meets the needs of both the employer and the employees. The Benefits Manager will monitor the various plans and policies to ensure compliance with legal requirements and company objectives. They will also stay informed of industry changes and new developments to help the business keep up with best practice standards.
Specific Responsibilities :
- Develop and administer the employee benefits package, including health, life, disability, supplemental, and retirement plans
- Monitor compliance with laws and regulations related to benefits
- Establish and maintain relationships with external vendors and providers, as well as brokers, and ensure procedures are followed to minimize costs
- Provide guidance regarding benefits enrollment and utilization
- Manage day-to-day benefits administration, including billing, enrollment, and changes
- Design and execute employee communications relating to benefits and wellness programs
- Monitor employee eligibility for benefits in accordance with company guidelines
- Respond to inquiries, troubleshoot benefit issues, and resolve conflicts
- Report benefits-related data and trends to senior leadership
- Administers benefits including carrier feeds via ADP. Analyze and review all invoices for a self-funded plan and make appropriate corrections
- Assist with benefits annual enrollment process, including updating ADP portal and carrier communication
- Reconciliation of insurance costs monthly to payroll registers
- Prepare annual 401k census report for testing, Form 5500, and manage the 401k audit
Experience, Skills & Qualifications :