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Indivior · 21 hours ago

Benefits Analyst

Richmond, VA

Full-time

Onsite

Senior Level

5+ years exp

Indivior is a global pharmaceutical company dedicated to transforming opioid use disorder into a recognized and treated chronic disease. The Benefits Analyst role involves managing day-to-day benefits administration, ensuring accurate communications regarding benefits, and supporting vendor relationships while ensuring compliance with regulations.

Addiction TreatmentBiotechnologyCommunitiesHealth CareMedicalPharmaceuticalSocial

Comp. & Benefits

Responsibilities

Lead day to day benefits administration including health and welfare insurance plans, 401(k), and wellness initiatives

Ensure accurate and timely communications to employees regarding benefits

Assist in the relationship management of benefits vendors

Conduct benefits presentations for new hire onboarding program

Manage STD, ADA, FMLA, LTD by communicating with employee, updating Workday, and keeping manager and HRBP up to date

Manage COBRA subsidies via Flores entering information upon termination

Manage the 401(k) program – employer contributions, payroll file submittal, audits, etc

Manage employer contributions for HAS, deferred compensation, 401(K); resolve any errors

Manage ESPP program – host bi-annual enrollments including presentations, coordination with payroll and vendor

Form 5500 filing

Lead wellness and benefits events

Assist with new vendor implementation

Manage open enrollment – testing, coordination with ADP, open enrollment presentations

Monitor and manage the compensation and benefits mailbox

Support finance with any benefits cost questions

Create and analyze benefits reports for leadership

Ensure compliance with state and federal laws and regulations

Develop, interpret and audit benefits policies

Maintain accurate plan documents, summary plan descriptions, vendor files, and employee records in accordance with legal and internal requirements

Qualification

Benefits administrationHRIS proficiencyBenefits programsCompensation administrationLabor lawsBenefits certificationMultitasking abilitiesMicrosoft Office SuiteCommunicationInterpersonal skillsOrganizational abilitiesConfidentiality

Required

Minimum of 5 experience in business administration required

Strong understanding of benefits programs

Strong understanding of HR best practices and labor laws

Working knowledge of relevant benefit regulations and programs (HIPAA, COBRA, FMLA, ERISA, 401(k), disability, etc.)

Excellent communication and interpersonal skills

Proficiency in HRIS and Microsoft Office Suite

Strong organizational and multitasking abilities

Ability to manage multiple tasks and prioritize effectively

Understands the importance of and demonstrates confidentiality

Bachelor's degree in human resources, Business Administration, or a related field

Preferred

Experience in compensation administration is preferred

Benefits certification a plus

Benefits

3 weeks’ vacation plus floating holidays and sick leave, plus company closure from December 24th- January 1st

401(k) and Profit Sharing Plan- Company match of 75% on your first 6% of contributions and profit sharing contribution equal to 4% of your eligible pay

U.S. Employee Stock Purchase Plan- 15% Discount

Comprehensive Medical, Dental, Vision, Life and Disability coverage

Health, Dependent Care and Limited Purpose Flex Spending and HSA options

Adoption assistance

Tuition reimbursement

Concierge/personal assistance services

Voluntary benefits including Legal, Pet Insurance and Critical Illness coverage

Gym, fitness facility and cell phone discounts