NJ TRANSIT | Director, Employee Benefits

Director, Employee Benefits Human Resources Job Description: Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on time-and we're looking to hire talented folks with a commitment to excellence to make it all possible. We are currently looking for a Director, Employee Benefits to join our team! Roles and Responsibilities: Hires, trains and provide direction to the Benefits Department Managers and Staff, with specific focus on the Non-Agreement and retiree populations. Responsible for the accurate and timely processing and payment of all claims, administrative fee and contractual departmental invoices. Advises upper management of financial and benefits related issues. Responsible for DAG and OPRA requests, reporting, and other file requests. Ensures pertinent benefits are in compliance with union retiree contract rules and follow regulations and company policies for the Non-Agreement population. Develops and implements system and procedural controls in compliance with internal and external audit requirements. Directs the development of financial control functions and procedures for timely and accurate processing of benefit claim invoices and administrative fees payments to vendors. Supports Finance's Monthly, Quarterly and Fiscal Year End closing processes, audits including GASB, OPEB and various other projects. Assists Senior Management with the procurement efforts (RFPs) and participates in contract negotiations to secure best in class health and welfare carriers to administer NJ TRANSIT's Benefit Plans. Once selected, manages plan vendors, and ensures vendors are accountable to their contracted performance guarantees. Supports Senior Management with regulatory compliance by tracking legislative changes, adjusting plan provisions, changing administrative procedures, ensuring carrier changes are properly implemented and updating SPDs and other employee communication materials as required. Responsible for all aspects of ACA regulatory reporting and filing requirements, including orchestrating annual IRS reporting requirements associated with IRS 1095-C and 1094-C. Leads annual Open Enrollments. Supports Senior Management with adherence to regulatory requirements including but not limited to Legal, Government, IRS and DOL rules and regulations. Requires extensive interaction with internal and external stakeholders and outstanding organizational skills. Functions as the Sr. Director, Employee Benefits in their absence. Performs all other duties as assigned. This Position Supervises: Manager Employee Benefits Benefits Analyst Compliance Analyst Education, Experience & Qualifications: Baccalaureate Degree in Business Administration, Finance, Human Resources, or related area, or equivalent, and eight (8) years of applied experience directing employee benefits in the design, cost analysis and administration of health and welfare plans. Knowledge & Skills: Required: Demonstrated exceptional leadership and excellent written and verbal communications skills, a solid and broad understanding of health and welfare benefit programs and the ability to work effectively with employees at all levels of the organization. knowledge and experience in information privacy laws, access, release of information and release control technologies. proficiency in the use of Microsoft Word, Excel and Power Point Desired: MBA desired. Working Environment: Office/Remote/Field At NJ Transit, you will enjoy a competitive salary and excellent benefits package: Comprehensive Family Health Insurance - Medical, Prescription, Dental, Vision Flexible Spending Account Life Insurance Paid Leave Tuition Assistance Pre-Tax Commuter Benefits Plan Retirement Plans 401(a) - Retirement plan with a 6% employer contribution 401(k) - Retirement saving plan with up to an 3% company match 457(b) - Deferred Savings Plan At NJ TRANSIT, diversity and inclusivity are vital to our success as are committed to hiring individuals from diverse backgrounds, experiences, abilities, and veteran status. As an Equal Opportunity Employer, we encourage all qualified applicants to apply and join our team. Learn more about NJ TRANSIT! Sign up to receive an invitation to our next live information /BEST

Created: 2024-12-19