Summary/Purpose of the Position:
The Benefits Manager is responsible for developing, customizing, and implementing TestEquity's health, welfare, and retirement programs. This role is an individual contributor role that is responsible for the overall management of our benefits plan, from strategy to administrative duties such as billing, as well as employee guidance.

Essential Duties, Functions and/or Responsibilities:

• Provides oversight on plan design, management, and administration of the, employee welfare plans, 401(k) plan and wellness programs, etc.
• In collaboration with our benefits broker, designs, develops, and implements benefits solutions that are aligned with TestEquity's strategy and is competitive with the external market
• Manages the open enrollment process, including communications, negotiations, systems updates, employee training and education, vendor management and vendor files
• Work with the HR team to ensure benefits administration is operating effectively within the team, including updates for changes due to modifications in plans and setting up/managing automatic carrier file feeds as needed
• In collaboration with our benefits broker and HR team, provides data analysis to leadership on a regular and/or ad-hoc basis and provides recommendations for improvement to existing plans to fit the strategy of the business
• Manages vendors and provides feedback regarding performance
• Drives policy enhancements while ensuring legal compliance
• Working with our broker, maintains benefit documentation for all carriers (contracts, invoices, COBRA, employee benefit/wellness guide), ensures filing of 5500's and distribution of benefit summaries as required
• Develops, delivers, and maintains effective employee communications, including but not limited to, training, benefits presentations, and benefits materials
• Acts as a subject matter expert and all company point of contact for management of all benefit plans
• Ensures benefits issues are addressed in a timely and efficient manner while providing exemplary customer service
• Process monthly billings from insurance providers and reviews bills for accuracy, coding and coordination of payment
• Serve as M&A lead on benefits integrations for new partners, including benefits comparisons, benefits education, etc.

Compliance

• Works with the HR team for completion of various annual reports and surveys (EEO-1, OSHA 300A Form, etc.)
• Stays current of relevant developments in legislation/regulatory issues and other trends in areas of responsibility that may impact business operations and internal policies
• Working with your FMLA specialist, provides oversight on all matters relating to FMLA, company paid leave, state leave, workers compensation, etc.

Education and/or Work Experience Requirements:

• 8+ years' benefits experience is required
• Bachelor's degree or equivalent experience in benefits is required
• Experience in designing and managing cost efficient benefits programs, including but not limited to medical, dental, vision, disability, 401(k) and wellness programs
• Strong financial business acumen with ability to analyze data and develop recommendations to complex problems required
• Advanced understanding of rewards regulations, market trends, and program design, as well as legislation that may affect policies/practices, including ACA, ERISA, COBRA, and other applicable Department of Labor (DOL) and/or tax laws
• Advanced experience and expertise in US employment laws, understanding and establishing actions to address Federal and State regulations, in-depth knowledge of STD, LTD, state-paid disability programs across various states, workers compensation, and accommodations
• Excellent knowledge of MS Office required, including proficiency in Excel required
• Knowledge/experience with HRIS required, Paycom preferred
• Strong communication skills with ability to work collaboratively with cross-functional teams.
• Ability to exercise discretion, judgment, tact, and poise in handling highly sensitive and confidential information.
  

Physical Requirements:

• Ability to safely and successfully perform essential job functions in accordance with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.
• Ability to maintain regular and timely attendance in accordance with the ADA, FMLA, and other federal, state, and local regulations.

TestEquity provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.