Total Rewards Analyst

Overview: TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that offers strategic talent solutions to our clients world-wide. This client is a German multinational Pharmaceutical and biotechnology company and one of the largest pharmaceutical companies in the world, headquartered in Leverkusen, and areas of business include pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds and biotechnology products. Job Title: Total Rewards Analyst Location: Whippany, NJ, 07981 Duration: 6 Months Job Type: Contract Work Type: Remote Job Description: POSITION SUMMARY As a key contributor to our team, you will lead efforts administering benefits programs, including health and welfare, retirement, and disability programs. Your work will ensure data integrity, compliance, and exceptional program delivery, all while promoting education and engagement throughout the organization. If you are a proactive problem-solver with a strong foundation in benefits and leave of absence administration with a desire to drive positive change in an inclusive, evolving organization, this is the opportunity for you. POSITION DUTIES & RESPONSIBILITIES Build relationships with internal and external providers of benefit plans and systems ensuring accuracy and a positive employee experience in enrolling or using benefit plans. Assist with development and delivery of employee education about total rewards programs, coordinating with internal teams and vendors to ensure we deliver a consistent employee education experience across the organization. Provides guidance and counsel to internal teams and coaches on the requirements and provisions of benefit programs; assist with the resolution of potential problems. Manages the process for administration of benefit enrolment's, changes, and qualifying events in HRIS. Communicates with the appropriate vendors, reconciles employee benefit enrolment files and invoices. Monitors plan limits, eligibility, and other restrictions on plan participation to ensure compliance with both plan provisions and regulatory requirements. Assists benefits team in providing consistent and accurate responses to employee benefits inquiries. Handle escalated benefits queries. Assists Affordable Care Act (ACA) compliance activities. Determine employee eligibility for coverage based on measurement period, administrative period, and stability period rules. Assists completion and generation of the Company 1095-C forms to employees through vendor. Maintain a working knowledge of relevant regulatory matters and ensure benefit policies and procedures are compliant. Manage and closely monitor active employee and retiree inquiries; redirecting as needed and coordinate with other team members to respond in a timely manner to resolve all inquiries. Monitor benefit vendor and HRIS files in collaboration with internal partners. Manage and closely monitor active employee and retiree inquiries; redirecting as needed and coordinate with other team members to respond in a timely manner to resolve all inquiries. Assist with the day-to-day administration of spending accounts including employee HSA and FSA accounts, and the Employer Stock Purchasing Program. Works with internal partners and vendors to administer or assist with aspects of disability, accommodation & workers' compensation programs. Provides case management & coordinates administrative aspects of the cases & payments. Partners closely with internal parties and vendors on complicated accommodations, leave cases & workers' compensation cases. Meets regularly with team to review complex cases and develops strategies for resolution when needed. Assists with the creation & facilitation of disability leave administration training under the direction of an advisor or coach. Assists with internal & outside auditors to plan for & respond to all auditing activities related to disability leave management. Input, review and analyse output from interfaces to ensure accurate payroll results. Partner with internal and external partners implement improvements as necessary for efficiency. Support internal and external partners with any system maintenance and coordination/testing of upgrades or improvements. Assist with the implementation, and communication of new plans, initiatives, and changes to existing programs as needed and during the annual benefits enrollment process. Interpret policies, procedures, and regulations for others. Propose improvements to systems, methods of work, and analysis to support continuous improvement efforts towards evolving business requirements as well as ensuring compliance with policies and statutory regulations. Facilitate monthly and annual compliance reporting as needed. Participate in Team meetings. Perform other duties as assigned. REQUIREMENTS/PREFERENCES Education Requirement(s): BS/BA degree in Human Resources, Business Administration or a closely related field required OR additional experience above the minimum may be considered in lieu of the required education for a year-for-year basis A minimum of 4 years progressive work experience in employee benefits administration required for the mid level position A minimum of 6 plus years progressive work experience in employee benefits administration required for the Expert level position Skill & Competency Requirements: Experience answering employee inquires related to Health & Welfare, Retirement, and LOA questions as well as navigating through documents such as SPDs to provide direction. Someone with good critical thinking skills, willing to collaborate on a variety of topics Customer experience/focus Preferences: SAP & Kronos experience MS Excel and/or Access skills PHR, SPHR or other equivalent, related HR certificates Experience in one or more of the following: benefits, consulting, employee benefit transformation or employee total rewards. TekWissen® Group is an equal opportunity employer supporting workforce diversity.

Created: 2024-11-19