Senior Benefits Analyst - Remote
Job Description
- Oversee employee health and welfare programs to ensure competitiveness, cost-effectiveness, compliance, and proper documentation.
- Evaluate corporate benefit plans and programs to align with organizational strategy.
- Monitor trends and legislative requirements to estimate impact.
- Manage annual benefit renewal and open enrollment process and timeline.
- Administer retirement plans, such as 401(k) plans.
- Manage and foster relationships with external partners (vendor management, broker, and ERISA attorney).
- Ensure compliance with benefits programs, including retirement program compliance for the annual 401(k) audit documentation, pension plans, ACA reporting, and compliance notices.
- Review and edit Summary Plan Descriptions (SPDs) and other required documents.
- Monitor administrative costs of benefit programs and recommend cost containment strategies.
- Bachelor’s degree in human resources, business, finance or related fields.
- Minimum 5 years of benefits-related experience.
- Minimum 2 years of benefit analyst-related experience.
- Extensive 401(k) administrator and audit experience.
- Experience in reviewing plan documents and service agreements, filing 5500s and annual PPACA reporting.
- Proficiency in working with technical platforms for data set up, troubleshooting, and reporting on data or metrics.
- Enhanced Medical, Dental, Vision and Life insurance for employees and dependents
- 401(k) with company match with full vesting from date of hire
- Paid time off including vacation, sick, community involvement, bereavement, jury duty, and holidays.
- Paid parental leave
- Paid community involvement/volunteer days
- Wellness Resources and Employee Assistance Programming
Toppan Merrill is a global technology leader committed to simplifying the complexity of regulatory disclosure and communications. We offer the most intuitive end-to-end SaaS platform for complex compliant content creation and enhancement of multi-stakeholder collaboration. Our industry leading technology is backed by what we are best known for: unmatched market expertise and unparalleled customer service. Toppan Merrill is a leading partner for the financial, legal, health and capital markets.
We believe in high-trust collaboration and value each person's unique skills, perspectives and experiences. Our success is driven by our world-class global teams and culture. Learn more at https://www.toppanmerrill.com/careers/
Toppan Merrill has an exciting opportunity for a Senior Benefits Analyst to join our St Paul, MN team. You will manage US and international (UK) benefit offerings, plans, compliance, and programs to align with the organization's strategy.
Job Responsibilities:
- Oversee employee health and welfare programs to ensure competitiveness, cost-effectiveness, compliance, and proper documentation.
- Evaluate corporate benefit plans and programs to align with organizational strategy.
- Monitor trends and legislative requirements to estimate impact.
- Provide management with employee benefits data findings.
- Manage annual benefit renewal and open enrollment process and timeline, including benefit review and recommendations, preparing employee materials, and monitoring enrollment process.
- Administer retirement plans, such as 401(k) plans, including handle hardship withdrawals, non-discrimination testing and match true-up calculations.
- Manage and foster relationships with external partners (vendor management, broker, and ERISA attorney) to ensure quality service and administration of plans.
- Ensure compliance with benefits programs, including retirement program compliance for the annual 401(k) audit documentation, pension plans, ACA reporting, and compliance notices.
- Investigate and resolve questions regarding delivery and payment for services by contacting health care professionals and other service providers, benefit plan providers, and employees.
- Review and edit Summary Plan Descriptions (SPDs) and other required documents to ensure plans are communicated accurately and conform to applicable laws and regulations and advise management of fiduciary matters.
- Monitor administrative costs of benefit programs and recommend cost containment strategies, including alternative methods for administration and funding.
About You:
- Bachelor’s degree in human resources, business, finance or related fields.
- Minimum 5 years of benefits-related experience.
- Minimum 2 years of benefit analyst-related experience.
- Extensive 401(k) administrator and audit experience.
- Experience in reviewing plan documents and service agreements, filing 5500s and annual PPACA reporting.
- Proficiency in working with technical platforms for data set up, troubleshooting, and reporting on data or metrics; demonstrates initiative to learn new data and technology skills.
- Up to 8 bullets Max
We understand that your skills deserve recognition. That's why we offer a competitive pay scale ranging from $90,000 – 110,000 annually, based on experience and expertise. We believe in compensating our dedicated team members fairly for their hard work and commitment. Please note that actual salaries may vary within, above, or below this range based on factors such as education, training, experience, professional achievement, business needs, and location.
Toppan Merrill strives to provide our employees and loved ones with competitive benefits including:
- Enhanced Medical, Dental, Vision and Life insurance for employees and dependents
- 401(k) with company match with full vesting from date of hire
- Paid time off including vacation, sick, community involvement, bereavement, jury duty, and holidays.
- Paid parental leave
- Paid community involvement/volunteer days
- Wellness Resources and Employee Assistance Programming
Toppan Merrill is an equal opportunity/affirmative action employer. Qualified individuals, including qualified women, minorities, individuals with disabilities and veterans, are encouraged to apply.
