Benefits Manager
Chicago, IL - USA
Job Summary
Job description
This position is responsible for the daily administration of the companys health welfare and 401(k) benefit plans including leave and disability accommodation requests. The Benefits Manager will work closely with the SVP of Total Rewards to facilitate new hire orientation the annual open enrollment process and run the day-to-day administration of Antares benefit programs and leave administration while ensuring programs remain competitive and compliant with applicable law.
Responsibilities:
- Oversees day-to-day management of the Companys U.S. Canadian and other international employee benefit and leave plans to ensure the plans meet strategic objectives.
- Manage U.S. and Canadian employee benefit programs to ensure the attraction retention and motivation of employees including but not limited to retirement plans (defined contribution) health & welfare plans (medical dental vision life insurance disability FSAs HRAs HSAs EAP student debt transit and voluntary programs) and may include Workers Compensation and retiree benefits.
- Develops plan change recommendations to ensure programs are competitive cost-competitive and aligned with company strategy and oversees implementation of approved changes.
- Monitors internal metrics industry and workforce trends as well as regulatory and legislative changes working with HR leadership and strategic business units to help create corporate benefits strategy.
- Develops and executes change management and communication strategies to ensure all parties are fully informed of benefit plan changes and improve employee understanding promote consumerism and foster appreciation of the value of all Company-sponsored benefit programs and services to employees through employment life cycle including new hires open enrollment retirement and respond to day-to-day issues.
- Manages all third-party vendor relationships (i.e. Lockton Fidelity Health Equity BCBSIL MetLife Lincoln Financial etc.) to ensure efficient and effective administration of all benefit plans. Continually evaluate internal and external administrative processes. Select and regularly evaluate all third-party vendors and service providers to ensure programs are managed by high quality firms.
- Assist with annual Open Enrollment process including development of materials communications Workday system configuration testing and auditing.
- Manage 401(k) plan including resolving any issues and auditing to ensure compliance.
- Assist with ensuring all benefit plan compliance requirements are met including testing auditing Form 5500 filings EEO-1 reports required notices and 1095-C reporting/filing.
- Project manager for annual enrollment process which includes synchronization with vendors development of written communications and coordination of employee information sessions.
Qualifications
- Bachelors degree in human resources business finance or related field
- Experience with Workday benefits administration strongly preferred
- Certified Employee Benefits Specialist (CEBS) designation strongly preferred
- 5-10 years of experience in direct benefit administration
- Strong working knowledge of ERISA COBRA Section 125 FMLA ADA Workers Compensation Affordable Health Care Act and federal and state laws regarding retirement benefits.
- Proficiency with PowerPoint Word One Note SharePoint and high-level proficiency in Excel
- Ability to manage multiple critical time-sensitive projects simultaneously and to meet deadlines.
- Ability to maintain the highest degree of confidentiality in all matters related to employee compensation and benefits
Competencies
- Emotional Intelligence: Understanding and managing emotions in oneself and others.
- Customer Service: Providing excellent service to clients or customers.
- Communication: Effective verbal and written communication skills.
- Teamwork: Ability to collaborate effectively with colleagues and contribute to group goals.
- Responsibility: Demonstrating reliability accountability and commitment to tasks.
- Commercial Awareness: Understanding business dynamics market trends and industry insights.
- Integrity: Upholding ethical standards and honesty in all interactions.
- Time Management: Efficiently organizing and prioritizing tasks.
- Creativity: Thinking innovatively and proposing fresh ideas.
- Technical Proficiency: Mastery of relevant software tools or technologies.
- Project Management: Successfully planning executing and monitoring projects.
The fine print
- Must have unrestricted authorization to work in the United States.
- Must be willing to align with pre-employment screening including but not limited to drug testing reference verification and background check.
- Must be willing to work from Chicago and travel as necessary.
Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race color religion national or ethnic origin sex sexual orientation gender identity or expression age disability protected veteran status or other characteristics protected by law.
A reasonable estimate of the current base salary range at the time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is comprised of several components including but not limited to applicants skill prior relevant experience specific degrees and certifications job responsibilities market considerations and the location of the position.
This role is eligible for a discretionary annual bonus (based on company business unit and individual performance).
Our benefit offerings include medical dental and vision coverage employer paid short & long-term disability and life insurance 401(k) profit sharing paid time off Maven family & fertility benefit parental leave (including adoption surrogacy and foster placement) as well as other voluntary benefits.
Base Salary Range
$130000 - $150000
Required Experience:
Manager
About Company
Dynamic Capital Solutions Our strategies support growth for PE-owned businesses and have the potential to deliver attractive risk-adjusted returns for investors. As a pioneer in the industry with 25+ years of experience, we strive to be consistent and reliable partners for our portfol ... View more