Benefits Specialist

Permanent contract|New York|Human Resources

Benefits Specialist

  • New York, United States
  • Permanent contract
  • Human Resources

Responsibilities

  • The Benefits Specialist position is responsible for performing the day-to-day operations of group benefit programs (group health, dental, vision, short-term and long-term disability, worker's compensation, life insurance, travel and accident plan, flexible spending plan, 401(k) plan and retirement plan). Provide excellent customer service and quality benefit plans.
  • Manage benefit vendors and responsible for compliance with third-party risk management process.
  • Create and maintain communications, including enrollment material, benefit guides and program details.
  • Enrollments, COBRA, terminations, changes, beneficiaries, disability, accident and death claims, rollovers, QDRO's, QMCSO's, distributions, loans, hardships, compliance testing.
  • Reconcile employee payroll deductions.
  • Processing of monthly billings and the preparation of vouchers for payment of administrative fees for all group plans.
  • Allocate group health and dental claims experience monthly and review quarterly.
  • Prepare regular benefit reports extracting data from the database. Provide the technical support, test system functionality and work with end users to provide system support and troubleshoot system problems.

Profile required

DIVISION DESCRIPTION: 
With a team of over 50 highly engaged, diverse, and innovative HR professionals located in the US, Canada, and Brazil, the Americas Human Resources team is dedicated to acquiring, developing, advising, and promoting talents focused on how to best meet and exceed the needs of our business partners. As strategic partners to the Business, we are committed to providing staff with value-added programs and policies, a competitive compensation and benefits package, and a diverse, inclusive, respectful, safe, and employee-centric environment where all can thrive to achieve their best potential. The HR team is composed of 5 teams: (1) Strategy, Transformation and Talent Acquisition, (2) Career Advisory, (3) Diversity, Talent, and Development, (4) Total Rewards, and (5) Projects, Efficiencies, and Analytics.

SKILLS AND QUALIFICATIONS:
Must Have:

  • Research employee benefit plans and vendors to identify those that present the best value.
  • Assist in the management of the benefit plan renewal process.
  • Collect experience data from available resources.
  • Examine possible plan design or benefit cost changes.
  • PHR and CEBS professional designations preferred.
  • Excellent communication and organization skills are required.
  • Project and team management/leadership skills and experience.
  • Proven ability to work effectively in a team environment with associates. Capability of effective planning and priority setting. Ability to manage several complex projects simultaneously while working under pressure to meet deadlines.
  • Strong analytical skills and a thorough knowledge of plan designs. Ability to understand, evaluate and make judgment on the proposals (RFP's).
  • Computer proficiency and technical aptitude with the ability to utilize MS Word, Excel, and Power Point and HRIS systems, preferably PeopleSoft.
  • Knowledge of benefit contract language
  • Knowledge of all pertinent federal and state regulations, filing and compliance requirements both adopted and pending affecting employee benefit programs, including ERISA, COBRA, FMLA, ADA, SECTION 125, Workers Compensation, Medicare, OBRA, and Social Security and DOL requirements.

EDUCATION:
Required:

  • Bachelor's Degree

Business insight

OUR CULTURE: 
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision: 
•     Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
•     Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents 
•     Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.

COMPENSATION & SALARY RANGE:

Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.

Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

Reference: 24000FZ2
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2024/08/12
Publication date: 2024/06/11
Salary or Compensation Range: $70,000 - $93,000
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