Human Resource (HR) Benefits Specialist jobs in United States
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3M · 1 month ago

Human Resource (HR) Benefits Specialist

3M is a global company that values collaboration and innovation. The HR Benefits Specialist role focuses on managing employee benefit programs, improving participant experiences, and ensuring compliance with laws and regulations while collaborating with various departments.

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Responsibilities

Manage various key US employee benefit programs, including 3M’s US Retiree Medical program, which currently touches over 55,000 current and former employees and spouses; and Voluntary Benefits (home and auto insurance, pet insurance, ID theft protection, personal legal services, critical illness and accident, and hospital indemnity). Lead initiatives to continuously improve the employee and retiree experience, advance benefits offerings and help attract and retain critical talent through competitive programs. Serve as subject matter expert, including knowledge of the plans and policies, benefit calculations, eligibility and operations. Drive implementation of program updates (participant communication, process requirements, vendor implementation, and legally required document updates) for a smooth participant experience. Engage with individual benefit plan participants (employees and retirees) to address needs
Vendor management activities, such as driving vendor excellence, developing tools for 3M’s oversight and vendor governance of vendor, and managing vendor relationships to the expected performance standards through development and analysis of vendor metrics. Identify trends and opportunities for performance improvement. Participate and/or lead RFP activities and contracting activities. Coordinate participant education sessions and tools in partnership with vendors
Work with cross-functional partners in departments across 3M, including but not limited to: Finance, Legal, Procurement, Corporate Communications, and HR Business Partners and Operations team members. Ensure compliance with laws and regulations and plan documents. Work with legal and vendors to distribute legally required notices to participants. Partner with corporate communications on participant communications
Provide data and process analytical support to the team. Construct detailed analytical models for plan design. Other activities include automating manual processes, provide overall monitoring tools and analysis for vendor performance and cost
Conduct and/or partner with outside resources to perform proactive audits on high risk or changed processes to ensure data integrity and accuracy. Build proactive sampling processes for enhanced testing and auditing procedures including creating reports, conducting research, and conducting audits. Testing vendor systems prior to implementation to ensure accurate and good client experience. Also, serving as a point of contact for internal and external audits
Stay abreast of industry trends and best practices and make recommendations for new or augmented benefits programs. Benchmark external industry programs and practices and keep current on legislative developments and process opportunities
Work with mid-level and senior 3M leadership on projects as requested. Conduct analysis, present and make recommendations to management. Projects may be within the area of responsibility or other areas of benefits
Engage in merger, divestiture and acquisition diligence and integration processes, as requested

Qualification

Employee benefits managementVendor managementData analysisHuman Resources experienceFinancial analytical skillsRegulatory compliance knowledgeAuditing backgroundMS Office skillsInterpersonal skillsCommunication skillsProject management

Required

Bachelor's degree or higher (completed and verified prior to start)
Five (5) years of experience in Human Resources, Finance, Legal, or Business Operations in a private, public, government or military environment

Preferred

MBA degree from an accredited institution
In-depth knowledge of / experience with employee benefits and vendor management
Experience providing SME support to current or former employees, professional colleagues and/or business leaders
Six (6) years in a similar benefits or financial analytical role
Three (3) years of experience in a highly analytical and problem-solving role
Strong interpersonal skills capable of communicating with a diverse range of individuals
External industry and regulatory Benefits and/or vendor management knowledge
Auditing background is a plus
Strong MS Office skills
Understanding of 3M financial processes
Excellent oral and written communication skills, as well as the ability to present and summarize data
Able to effectively manage multiple projects and priorities, organization and leadership skills

Benefits

Medical, Dental & Vision
Health Savings Accounts
Health Care & Dependent Care Flexible Spending Accounts
Disability Benefits
Life Insurance
Voluntary Benefits
Paid Absences
Retirement Benefits

Company

3M is a global company that applies science to life, offering products and solutions across various industries.

Funding

Current Stage
Public Company
Total Funding
$5M
Key Investors
US Department of Energy
2024-03-13Grant· $5M
1978-01-13IPO

Leadership Team

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John Banovetz
Senior Vice President for Innovation and Stewardship and Chief Technology Officer
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Ippocratis Vrohidis
President, Industrial Mineral Products Division
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Company data provided by crunchbase