Benefits Manager

Benefits Manager Hybrid work schedule: 4 days a week on-site in Chandler, AZ, 1 day remote Job Summary: As a Benefits Manager at Array Tech Inc., you will play a pivotal role in designing, implementing, and managing our comprehensive employee benefits programs. Reporting to the Chief Human Resource Officer, you will collaborate with cross-functional teams to develop and administer benefits strategies that attract, retain, and motivate our diverse workforce. Your expertise will contribute to creating a competitive benefits package that aligns with organizational objectives and complies with legal requirements across multiple jurisdictions. Key Responsibilities: Benefits Strategy Development: Develop and execute a strategic benefits plan aligned with the company's overall objectives and budgetary constraints. Continuously evaluate market trends, benchmark against industry standards, and recommend enhancements to our benefits offerings. Benefits Administration: Oversee the day-to-day administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks. Ensure accurate record-keeping, timely enrollment processes, and seamless communication of benefits information to employees. Vendor Management: Serve as the primary liaison with benefit vendors, brokers, and consultants. Negotiate contracts, monitor service levels, and evaluate vendor performance to optimize the value and effectiveness of our benefits programs. Compliance and Risk Management: Stay abreast of federal, state, and local regulations governing employee benefits, such as ERISA, ACA, FMLA, and HIPAA. Ensure compliance with reporting requirements, conduct audits, and mitigate risks associated with benefits administration. Employee Education and Communication: Develop educational materials, presentations, and online resources to help employees understand their benefits options and make informed decisions. Conduct regular workshops, webinars, and one-on-one consultations to address employee inquiries and promote wellness initiatives. Data Analysis and Reporting: Utilize HRIS and other data management tools to analyze trends, track utilization rates, and generate reports on the cost-effectiveness of our benefits programs. Use insights gained to recommend adjustments and improvements as needed. 401K Management: Manage the company's 401K retirement plan, including vendor selection, plan design, and employee education. Collaborate with finance and investment professionals to monitor plan performance, optimize investment options, and ensure compliance with ERISA and other regulatory requirements. Annual Bonuses: Coordinate the administration of annual bonus programs, including eligibility criteria, payout calculations, and communication of bonus awards to employees. Partner with finance and business leaders to align bonus structures with performance objectives and financial goals. Annual Merit Increases: Lead the annual merit increase process, including budget planning, merit guideline development, and salary review cycles. Provide guidance to managers on compensation recommendations, salary adjustments, and performance-based rewards to ensure fair and competitive compensation practices. Compensation Recommendations: Conduct market research and analysis to benchmark employee compensation against industry peers and market trends. Develop compensation recommendations and salary structures to attract and retain top talent while ensuring internal equity and pay fairness. Special Projects and Initiatives: Lead or participate in cross-functional projects related to benefits redesign, mergers and acquisitions, system implementations, and other strategic initiatives. Contribute to a culture of continuous improvement and innovation within the HR function. The qualifications you must have: Bachelor's degree in Human Resources, Business Administration, or related field (Master's degree preferred) 5+ years of progressive experience in benefits administration, preferably in a global or multi-state environment Thorough understanding of employee benefits laws, regulations, and compliance requirements Strong analytical skills with the ability to interpret data and make data-driven recommendations Excellent communication, negotiation, and interpersonal skills Proficiency in HRIS and benefits administration platforms Certified Employee Benefits Specialist (CEBS) or similar certification is a plus Benefits: Competitive salary commensurate with experience Comprehensive health, dental, and vision insurance plans Retirement savings plan with employer match Paid time off and company holidays Employee assistance program and wellness initiatives Professional development opportunities At Array Tech, Inc., we strive to lead with our culture, and believe that our people are a key enabler of our future state. Our total rewards philosophy supports Array's ability to attract, develop, and retain our employees. We offer competitive compensation, benefits and wellness programs that align with the local markets where we do business. Array Tech, Inc. offers equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity, and gender expression, or any other legally protected status.

Created: 2024-11-02