American Regent, Inc. · 6 hours ago
Benefits Manager
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Responsibilities
Responsible for the implementation, maintenance, administration and communication of American Regent’s health & welfare benefit plans, work-life balance policies, and retirement program. Responsible for collaborating with leadership on the strategic development of the company’s benefit plans by providing necessary reporting of analytics from internal and external resources.
Reviews and analyzes the benefits market to determine employee needs, trends, regulations, and practices. Recommends new plans or modifies existing plans in order to maintain the company’s competitive position in the labor market and support the organization’s strategic objectives.
Establish and maintain effective relationships with benefit consultants, insurance carriers, vendors, and employees. Ensure vendor billing is accurate and paid timely.
Establish and maintain effective relationships with internal business partners.
Provide subject matter expertise by interpreting plan documents and/or company policies. Communicate with and educate business partners when implementing and administering benefit plans, policies and/or procedures.
Maintain and expand knowledge and understanding of existing and proposed federal and state laws/regulations that could affect the organizations objectives and/or operational resources. Interpret appropriate laws and policies and advise management and employees accordingly.
Ensure compliance with applicable government regulations such as the Employee Retirement Income Security Act (ERISA), Affordable Care Act (ACA) Consolidated Omnibus Budget Reconciliation Act (COBRA), Family and Medical Leave Act (FMLA) and Cafeteria/Section 125 plans.
Oversee the preparation of reports required by law to be filed with federal and state agencies, including Form 5500 and Form 1095C. This includes the review and distribution of the Summary Plan Descriptions (SPDs) and Summary Annual Reports (SARs).
Direct the administration of the company’s retirement plan; driving process enhancements and automation to improve efficiencies. Represent company during annual independent audit.
Attend the 401(k) Retirement Committee meetings and collaborate with other committee members and financial advisor to review the company’s retirement plan performance and implement changes as needed.
Plan, manage and oversee the annual open enrollment for all non-union and union benefit plans. Review communication materials to ensure the accuracy and consistency of all benefits materials including plan documents and SPDs.
Oversee the administration of the various Leave of Absence policies which may include third party oversite.
Provide guidance and direction relative to the benefits, business processes in our HRIS system and update, as necessary. This includes partnering with HRIS to support system upgrades and other changes including new implementations and integrations. May also include assisting the HRIS department with system testing to maintain system integrity for all benefit plans.
Supervise benefits department Provide guidance, advice and assistance as needed.
Oversee various programs including but not limited to education assistance program employee recognition and service award programs.
Evaluate and revise internal processes to reduce costs and increase efficiency.
Support American Regent’s Corporate and Social Responsibility initiatives.
Work on other Total Rewards or Human Resources projects as required.
Provide effective leadership including: individual goal setting/performance reviews, managing the development of employees, recognizing, and appreciating employee contributions, mitigating conflict and communication problems, planning, and facilitating team activities, selecting personnel and motivating members of the functional area.
Perform any other tasks/duties as assigned by management.
Qualification
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Required
Bachelors’ degree required in Human Resources or Business Management.
Minimum 5 years of Benefits Management experience.
Minimum of 5 years management experience required.
Knowledge of benefit plan legislation to include ERISA, COBRA, FMLA, Cafeteria/Section 125, and Affordable Care Act, and others as they become effective.
Exceptional communication skills including presentation and writing skills to formulate companywide communications.
Professional interpersonal skills: ability to interact effectively with people at all organizational levels.
Requires attention to detail, excellent customer service and problem-solving skills.
Ability to maintain highly confidential information.
Excellent computer skills, including HRIS, Microsoft Excel, PowerPoint, and Word.
Experience with HRIS systems relating to Benefit’s business processes; Workday or SAP experience a plus.
Travel Requirement may be 5-10% on occasion.
Preferred
Certification in Benefits (CBP) highly preferred; PHR or SPHR a plus.
Experience within a manufacturing environment is highly preferred.
Benefits
Healthcare
Life insurance
Profit sharing
Paid time off
Matching 401k
A wide Range Of Other Benefits
Company
American Regent, Inc.
American Regent, Inc, a Daiichi Sankyo Group Company, develops, manufactures, and supplies high quality sterile injectables for healthcare providers, clinics and hospitals across the United States and Canada.
Funding
Current Stage
Late StageRecent News
2024-10-29
2024-02-08
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