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Norsk Hydro · 9 hours ago

Benefits Analyst

Rosemont, IL

Full-time

Hybrid

Senior Level

5+ years exp

Norsk Hydro is a world-leading aluminium extrusion business with a focus on safety and a good workplace for its employees. The Benefits Analyst will be responsible for the administration of health and welfare programs, providing guidance to HR partners, and ensuring compliance with benefit regulations. The role also involves managing leave programs and maintaining data integrity within HRIS systems.

HydroelectricManufacturingNatural ResourcesPrecious MetalsRenewable Energy

Comp. & Benefits

Responsibilities

Responsible for day-to-day administration of health and welfare programs, such as health insurance, retirement plans, and other ancillary benefits

Contributes to providing guidance and counsel to HR Business partners and employees on the provisions and requirements surrounding Hydro benefit programs, as well as federal and state regulatory guidance, including leave programs

Provide clear and concise responses to employee and HR Business partners benefit inquiries

Refers unrelated inquiries, such as payroll questions to the relevant department

Provides recommendations for solutions to special situations

Monitors eligibility, limitations and restrictions on benefit plan participation and ensures compliance with both plan provisions and government requirements

Oversees the online benefit platform and administrator to ensure benefit data is accurate

Maintains relationships with insurance carriers, benefit broker, and third-party benefit vendors to ensure quality and efficiency of delivery of our benefit programs

Assists in creating and reviewing HR and employee training and communication materials

Leads compliance oversight related benefit items such as ACA compliance and COBRA

Lead on ensuring accuracy and timely submission benefit compliance requirements including ACA reporting, DOL filings and required employee notices

Assists the benefit invoice process for timely benefit invoice vendor processing

Creates, documents and updates benefit processes as needed and when processes change or are implemented

In collaboration with leave vendor, interprets and administers leave programs and policies (STD, LTD, FMLA, ADA) in accordance with applicable federal and state employment laws

Manages leave of absence administration vendor and leave of absence activities, ensuring timely and accurate administration of these programs as well as pay accuracy

Collaborates with local HR to ensure complete and timely reporting leave activity in our HRIS system

Maintains data integrity in systems

This includes developing and running audits and analyzing data

Automate processes and develop and implement methods to ensure root source data quality

Interprets data, finds patterns, and makes recommendations based on trends in data

Research daily and weekly eligibility file feed discrepancies from vendors

Resolve discrepancies with carriers, ensuring timely adjustments, or corrections

Supports all HRIS systems including but not limited to, researching and resolving benefit programs, unexpected results or process flaws

Creates and updates open enrollment communications, benefits online platform and benefit documents

Educate employees and local HR on benefit programs during Open Enrollment

Troubleshoots and resolves employee enrollment issues at Open Enrollment

Audit and reconcile employee elections to ensure all coverage changes are processed by vendors

Qualification

Benefits AdministrationCompliance KnowledgeHRIS ManagementMicrosoft Office SuiteLeave of Absence ManagementCommunication SkillsRelationship Building

Required

At least 5 years of corporate benefit administration experience required

Preferred

Bachelor's degree or equivalent in human resources, business administration or related field preferred

Prior experience working with multi-location across the US and Canada, preferred

Proven ability to establish rapport and work across all levels of organization and cultivate relationships including regional and local HR business partners, payroll, legal and finance

Demonstrate knowledge of pertinent federal and state regulations, filing and compliance requirements (i.e., ERISA, ACA, HIPAA, COBRA, FMLA, IRS, ADA, Section 125 regulations, 5500, Health Care Reform)

Experience actively managing leave of absences programs

Strong working knowledge of Microsoft Office Suite, especially Excel (vlookup, pivot tables, and other formulas)

General understanding of payroll processes and benefit deduction set up