Benefits Specialist

Houlihan Lokey Chicago , IL 60602

Posted 1 week ago

Business Unit:

Human Capital Group

Industry:

CORP - Corporate

Overview:

Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm's commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions, the No. 1 M&A advisor for the past nine consecutive years in the U.S., the No. 1 global restructuring advisor for the past ten consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG (formerly Refinitiv).

Scope:

The US Benefits Specialist is responsible for assisting with the administration of all benefits and retirement programs, including medical, dental, vision, life insurance, long-term disability, leave of absence, flexible spending accounts, health savings account, voluntary employee benefits and 401(k) plan. Ensures plans are administered in accordance with federal and state regulations and plan provisions are followed.

Responsibilities:

  • Ensures the accuracy of all benefits enrollments in Workday to provide payroll and carriers with accurate eligibility information as qualified life events.

  • Performs quality checks of benefits-related data.

  • Assists employees regarding benefits questions, claim issues and plan changes.

  • Supports tracking and delivery of all required compliance in accordance with benefits laws and regulations.

  • Responds to benefits inquiries from employees on plans, benefits enrollments, status changes and other general inquiries.

  • Liaison to carrier account teams for resolution of employee claims issues

  • Responds to 401(k) inquiries from employees relating to enrollments, plan changes and contribution amounts.

  • Processing benefit and 401(k) contributions with the applicable carriers.

  • Administer the COBRA process in conjunction with carrier.

  • Support the Open Enrollment process, including roll-out of employee communication materials, enrollment assistance, and follow up.

  • Serve as a resource for employees and managers regarding leave policies and practices.

  • Manage the documentation and approvals of leaves between management and employees.

Basic Qualifications:

  • Knowledge of employee benefits and applicable laws.

  • Exceptional customer service skills.

  • Strong attention to detail.

  • Excellent written and verbal communication skills.

  • Excellent organizational and time management skills.

  • Ability to effectively manage tasks with minimal supervision.

  • Must be diligent and persistent in follow-up and completion.

  • Capable of multi-tasking and meeting tight deadlines.

  • Ability to work and build partnerships across departments.

  • Willingness to "roll up the sleeves" and do what it takes to get the job done.

  • Works well on a team and collaborates with others but also be able to work independently.

  • Proficient with Microsoft Office.

  • Bachelor's degree in HR or related field. 7 years of relevant experience will substitute for degree.

  • Minimum of three years' experience in benefits administration preferably within a professional services environment

Salary Range

Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package, which may include other components such as discretionary incentive compensation. The firm's good faith and reasonable estimate of the possible salary range for this role at the time of posting is:

$65,000.00-$85,000.00

Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate's relevant qualifications, skills, and experience and the location where this position may be filled.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Benefits Specialist

NCR Corporation

Posted Yesterday

VIEW JOBS 7/6/2024 12:00:00 AM 2024-10-04T00:00 About NCR VOYIX NCR VOYIX Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail, restaurant and banking industries NCR Corporation Belgrade MT

Benefits Specialist

Houlihan Lokey