Benefits Administrator

Barnes Group Inc. Bristol , CT 06010

Posted 2 weeks ago

Barnes is looking for a highly motivated and detail-oriented Benefits Administrator to support the Total Rewards team in the day-to-day functions of their employee benefit programs. This will involve assisting with the development, implementation, administration, and coordination of employee benefits programs including medical, dental, life, disability and 401k.
Responsibilities:

Manage the day-to-day administration of employee benefit plans, including health, dental, vision, disability, life and retirement plans
Assist with the development and implementation of benefit communication strategies, benefit programs, and policies
Assists team in the annual open enrollment process (communications, plan documentation, system testing, training, etc.)
Maintains/updates benefit plan legal documentation, as required (Plan Documents, ERISA Wraps, SPDs).
Acts as a subject matter expert in day-to-day benefit operational support and benefit escalations from plan participants and HR Representatives. Develops and maintains strong relationships with carrier representatives and other internal parties to resolve complex benefit issues.
Manages activities and funding associated with various Health/Welfare and Retirement programs (Health Savings Account (HSA), Retiree HRA and Retirement plans (401(k), DC, Pension) including researching employee questions and monitoring deferrals and contributions Coordinate monthly and quarterly wellness initiatives (U.S.)
Coordinates vendor interfaces included scheduled delivery and error resolution
Lead various compliance projects and related reporting, such as annual retirement plan audits, Form 5500s, Summary Annual Reports, PBGC, Non-discrimination testing, ACA, 1094 and 1095-C filings.
Financial reconciliation and processing of monthly invoicing.
Support other projects within the area of Total Rewards

Qualifications:

Strong project management and attention to detail with the ability to multi-task on a wide variety of duties and projects
Excellent analytical skills and financial acumen
Self-starter with ability to manage ambiguity and demonstrate results
Self-motivated and capable of exercising initiative and working independently
Time management and planning skills to meet critical deadlines
Exceptional communication skills; both verbal and written, with knowledge of benefit contract language
Understanding of compliance requirements, and federal and state regulations such as ERISA, COBRA, ADA, Medical and Social Security
High ethical standards and commitment to maintain confidentiality of work
Excellent computer skills required including Microsoft Word, Excel and PowerPoint as well as comfort working within HR Information Systems (HRIS) a plus

Education Requirements: Bachelor's Degree in Business or Human Resources and a minimum of 3-5 years of benefits experience


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