Osaic · 7 hours ago
Benefits & Payroll Specialist
Scottsdale, AZ
Full-time
Hybrid
Mid Level
$57K/yr - $93K/yr
3+ years expOsaic is a company in the financial services sector, seeking a Benefits & Payroll Specialist. This role is responsible for implementing and managing employee benefit programs and ensuring accurate payroll processing while providing a positive employee experience.
Business DevelopmentFinancial ServicesWealth Management
No H1B
Responsibilities
Enter and update employee benefit elections (medical, dental, vision, FSA/HSA, life, disability) in HRIS and vendor systems
Support dependent verification and follow-up documentation requests
Monitor enrollment deadlines and provide first-level support on eligibility, plan designs, and coverage questions
Assist with monthly carrier invoice reconciliation and report discrepancies
Assist with plan audits and other compliance requirements
Assist with entering and auditing payroll data, including new hires, terminations, compensation updates, and leave adjustments
Help validate biweekly payroll reports for accuracy (deductions, taxes, hours, and cost center changes)
Review and confirm proper setup of benefit-related payroll deductions
Partner with Payroll and HRIS to troubleshoot mismatches between benefits, payroll, and vendor files
Support routine audits between HRIS, payroll, and benefit carriers for accuracy (e.g., health plans, 401(k), HSA)
Help reconcile contribution and deduction files, such as 401(k) deferrals or HSA contributions
Maintain accurate employee records and ensure timely updates
Provide friendly, professional support to employees who have basic benefits or payroll questions
Escalate complex issues to senior team members
Assist with open enrollment activities, including reviewing election files, responding to inquiries, and supporting webinars or communications
Assist with data preparation for ACA, COBRA, 401(k) audits, and other compliance requirements
Generate basic reports for HR, Finance, and leadership as needed
Maintain confidentiality and follow data privacy protocols at all times
Must have in-depth knowledge of both benefits and the federal and state laws that govern them
Qualification
Required
High school diploma with significant job experience required
Associates or bachelor's degree in HR, business, or related field preferred
3 - 5 years of experience in benefits with prior experience with implementation
Strong attention to detail and accuracy
Analytical mindset. Process oriented
Excellent communication and customer service skills
Ability to prioritize, manage deadlines, and work in a fast-paced ever-changing environment
MS Office Suite including Excel and the ability to create and work in spreadsheets
Must have in-depth knowledge of both benefits and the federal and state laws that govern them
Preferred
Bachelor's degree is preferred
Workday experience including Workday Benefits and /or payroll (plus)
Benefits
Health
Vision
Dental insurance
401k
Paid time away
Volunteer days
Much more
Company
Osaic
Osaic provides the support, resources, and community designed for the future of wealth management.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jamie Price
Chief Executive Officer
Kristy Britt
CFO
Recent News
2026-02-03
2026-01-23
Investment News
2026-01-22
Company data provided by crunchbase