Benefits Administration and Leave Specialist jobs in United States
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Bank OZK · 10 hours ago

Benefits Administration and Leave Specialist

Bank OZK is a nationally recognized leader in financial services with over 120 years of experience. They are seeking a Benefits Administration and Leave Specialist to manage and ensure compliance of benefit programs while providing support for employee inquiries and the administration of leave processes.

BankingFinanceFinancial Services

Responsibilities

Oversees the administration of Bank benefit plans and programs. Shares HR contact responsibilities for addressing employee and vendor inquiries related to all benefit programs
Educates new hires on benefit options and assists them with open enrollment, as needed
Reconciles monthly invoices for the payment of employee benefits and the employee benefit DDA accounts
Monitors benefit premium(s) arrears and payments for employees on leaves of absence and those who have returned from a leave of absence
Files employee incidents with the Workers Compensation carrier within the appropriate timeframe and follows through with claims to ensure medical payments and employee payrolls are accurately resolved
Ensures that monthly, special and annual open enrollments are completed successfully
Assists in developing and maintaining an audit plan to ensure internal and external compliance requirements are met regarding relevant government rules and regulations (i.e., ERISA, DOL, COBRA, ACA, IRS, and HIPAA) and all other applicable regulatory guidelines
Actively participates in resolving disputes of coverage, complaints regarding benefit providers and vendors, enrollments and billing audits
Coordinates Bank benefits with government-sponsored programs, as necessary
Coordinates benefit program administration with the Bank’s third-party providers
Ensures third party administrator complies with COBRA regulations, including the timely notification for new and terminated employees
Maintains current knowledge of, and reviews changes to, federal, state and local benefit laws and regulations to ensure compliance of Bank’s benefit and leave programs
Cross trains to provide continuity for Leave of Absence Administration, as needed
Ensures that benefits-related information is secured in appropriate employee files
Produces accurate, thorough and timely work, while meeting commitments and following policies and procedures

Qualification

Benefits administrationRegulationsHRIS technologyBachelor's degreePHR certificationCustomer serviceData interpretationCommunication skillsNegotiation skillsTeamwork

Required

Bachelor's degree, preferably in human resources, business administration, finance or related field, or commensurate work experience, required
2+ years of experience in benefits administration, preferably including benefit design, required
Comprehensive knowledge of government laws and regulations related to benefit programs and leave benefits
Working knowledge of all areas of human resources
Ability to exercise discretion and good judgment in the performance of essential job functions
Ability to communicate effectively both verbally and in writing
Ability to interact effectively with all levels of employees and management
Ability to accurately interpret large amounts of data and present such data in an understandable format for others
Ability and willingness to share knowledge and experience with others
Ability to demonstrate negotiation skills to persuade and influence decision makers
Ability to provide excellent customer service
Ability to manage multiple priorities and projects and adapt quickly to changing needs
Ability to manage and organize work effectively to meet deadlines
Ability to produce accurate, detailed work
Ability to work effectively both independently and in a team-oriented environment
Ability to work without close supervision
Ability to maintain confidentiality
Ability to follow policies and procedures and to communicate them accurately to others
Skill in using computer, including MS Office products and other HRIS technology

Preferred

PHR, SPHR, CBP, CEBS or other relevant certification, preferred

Benefits

Generous PTO
401(k) matching
Health, dental, vision (and pet!) insurance
Special perks and discounts

Company

Bank OZK

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Bank OZK provides banking services including savings account, loans, debit, and agricultural lending.

Funding

Current Stage
Public Company
Total Funding
unknown
1997-07-17IPO

Leadership Team

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Eric Munson
Senior Vice President, government and institutional banking
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Company data provided by crunchbase