By Bernadine Dupont. Resume. Published at Saturday, August 17th, 2019 - 00:40:25 AM.
Corporate liaison for insurance brokers and vendors. Point of contact for employees regarding all benefits matters. Plan, direct and implement benefit activities and related processes including open enrollment, FSA, medical, dental, vision and life insurance plans. Conduct benefits orientation for newly hired employees. Coordinate all benefits deductions with payroll. Oversees the preparation of reports and benefit statements according to State and Federal compliance requirements; gathers data and prepares annual benefit statements, IRS and other reports for employees, administrative and regulatory requirements. Administer COBRA plan and the 403B retirement plan for 1200 participants.
Benefits Administrators oversee the systems of compensation and benefits for companies. Resumes for this position highlight such responsibilities as reviewing plan information for defined benefit plans and participant data to determine eligibility categories; assisting with special projects to correct and adjust benefit calculations; analyzing reconciliation reports, pension estimates, and automated calculations; and preparing automated benefit calculations. There are no formal education requirements for this position, though undergraduate degrees in human resources management or relevant areas do appear on example resumes in the field.
Administered benefits for seven thousand staff and billable employees of company. Extracted info from specialized reports via Excel and ADP systems to prep carrier payments. Assisted participants with enrollment, benefit, and payroll deduction related questions as needed via phone and/or email. Retrieved from and/or sent info to multiple carriers regarding enrollment for benefits. Developed, maintained, and updated procedures for reports processing and other activity.
Responsible for administering a case load of 35 401(k) retirement plans. Developed and maintained an ongoing relationship with clients through strategic client contacts. Ensured record-keeping is completed accurately and timely. Resolved processing issues and keep clients informed of progress towards resolution. Reported to the Director of Daily Valuations. Prepared quarterly/annual valuations, including calculations of annual employer contributions. Performed nondiscriminatory and coverage testing. Prepared IRS 5500 forms, Reconciled assets and Trust Accounting. Processed contributions, loans, distributions, hardships and QRDO. Reviewed census, eligibility and vesting determination. Researched client inquiries.
Benefits Administrator (contractor), Prepared and maintained new hire binders/folders and other employee benefit communications, including the benefits newsletters and the HR SharePoint sites. Assisted employees with benefits enrollment forms; ensured all required information was supplied and forms are complete. Assisted with the annual benefits open enrollment process. Completed data entry of new hires, terms and benefits information in HRIS system on a daily/weekly basis. Created and maintain I-9 files, employee files and benefits files. Prepared termination letters and terminated employees from appropriate benefits. Monitored COBRA reporting, adjusting enrollment records as needed. Monitor and track completion of the Code of Ethics, Employee Handbook and Anti-Harassment Policy. Managed and processed tuition reimbursement requests. Compiled data and materials for the annual 401(k) audits.
Administer employee health benefits to employees over the phone for online enrollment through call center methods. Process benefit enrollments during open enrollment and throughout the year (life event changes). Verify coverage and maintain eligibility files ensuring proper notification is made between employer/employee and benefit plan vendors (interface). Complete carrier bill preparation and reconciliation; handle billing and remittance questions, investigation, and resolution. Enroll employees into pres elected Medical, Dental, and Vision Insurance, FSA, 401K, Life, Prescriptions, STD/LTD for over 200 companies, through the Cloud portal while utilizing HRP web system for carrier feeds to be transmitted to vendors for processing. Review and prepare benefits adjustments of premiums to transmit to payroll for accurate deductions. Perform benefits audits, monthly to ensure proper elections and deductions are set in place within system.
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