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Benefits Analyst-Human Resources

  • Schaumburg, IL
  • Direct Hire
  • Job ID: IL152-2712202

$59000 to $75000 Per Year

Check out this unique opportunity to join a $5 billion worldwide manufacturing powerhouse. 

 

They are currently seeking a Benefits Analyst to join the team in Schaumburg IL (Northwest Suburbs of Chicago).

 

This is currently a remote role that will transition in the future to a hybrid, but current transition date not yet known.  The hybrid model would be 4 days remote and 1 day onsite. 

 

We are looking for candidates local to Chicago that could go into the office on occasion. Covid vaccine required

 

The benefits program is outstanding and includes

    • Medical, Dental, and Vision coverage benefits (benefits become effective thirty (30) days from date of hire/rehire)
    • 401K Plan with 4% company match and eligible date of hire. 
    • Generous PTO /vacation
    • Tuition assistance up to $5,250/year
    • Free Fitness Center privileges at onsite club
    • STD, LTD, AD&D insurance along with Flex Spending Account

 

POSITION SUMMARY

This role will be responsible for assisting with the administration of retirement and health and welfare employee benefit programs

 

Communicates with employees and resolves benefit-related issues and collaborates with other departments and external vendors. The role reports to the Manager, Benefits.

 

RESPONSIBILITIES

    • Assists employees with day-to-day benefits inquiries in a timely manner.
    • Reviews Benefit system daily for transactions pending/or in progress and updates Payroll records accordingly.
    • Coordinates daily benefit processing, including new hire enrollments and terminations with Payroll records. Ensures that new and terminated employees are appropriately noted, corresponding payroll deductions are correct and that calculations are accurate.
    • Assists with the Annual Open Enrollment process and updates benefit premiums in Payroll records.
    • Reviews Finalized Pay report in Benefits system bi-weekly and if applicable, updates benefit premiums in Payroll records.
    • Updates 401(k) contributions & 401(k) loans weekly in Payroll system.
    • Reviews and Balances monthly & quarterly benefit invoices to ensure accuracy.  Submits requests for payment in a timely manner.
    • Works with Benefits Pool, vendors and plan carriers on status updates, issues reconciliation, and information sharing.
    • Provides benefit administrative and professional support to Benefits Manager.
    • Other duties as assigned.

 

REQUIREMENTS

    • Bachelor’s degree or equivalent benefits administration experience required.  Human Resources or Business Administration degree preferred
    • 2-5 years benefits administration experience required
    • Strong MS Excel and Word skills
    • Must be able to work independently
    • Excellent organizational skills
    • Be a team player
    • Strong communication and interpersonal skills
    • Solid understanding of different benefit plans (retirement, health & dental insurance, etc.)
    • Strong analytical capabilities
    • Attention to detail

 

 

 

 

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