Comp/Benefits Analyst- permanent role- Chesterbook, PA

Project status
Project start date
Unsure
Project posted
18 Sep 2018 19:01
Project duration (approx.)
12.0 Months
Budget (approx.)
$80000 (fixed cost)
Industry
Medical Devices / Technology
Area of expertise
Human Resources
Consultant location
On-site
Location
United States

Objectives and Key Deliverables

We are a world leader in blood glucose monitoring and our products are recommended by more endocrinologists and primary care physicians than any other brand. Globally, more than 20 million people depend on our products for simple testing and accurate results to help them manage their diabetes.

As a Comp/Benefits Analyst you will:

-Support the implementation process of all employee benefit programs
-Support the delivery of services to employees to resolve problems related to access or to payment of benefits; Processes enrolment forms, changes, and requests
-Coordinate table maintenance and configuration for open enrolment and new benefit plans in the HCM system
-Coordinate the communication of information to employees and former employees about benefit programs, procedures, changes, and government-mandated disclosures
-Handle escalated and complex benefit inquires and complaints to ensure quick, equitable, and courteous resolution
-Conduct audits on benefit plans in a timely manner to ensure compliance with all plan provisions and governing statutes
-Assist HR Strategic Administration in the planning, design, and evaluation of employee benefit programs
-Maintain relationships with outsourcing partners and third party vendors supporting benefit programs
-Coordinate the transfer of data to external vendors, plan providers, auditors, and consultants as necessary and during the vendor contract renewal process
-Partner with HR leaders and HR Shared Services to foster a team environment promoting open communication  
-Monitor changing government regulations to ensure compliance
Review the performance of Employee Benefits Senior Specialists and Employee Benefits Specialists; Identify training needs, corrective requirements, and develops plans of action
-Develop and documents procedures to streamline processes and ensure compliance with established guidelines, policies, and regulatory requirements 
-Facilitate communication with HR Business Partners regarding the annual merit pay planning process, and mass compensation processing, recommendations, and approvals
-Approve and coordinate pay matrix updates, ad hoc compensation adjustments, and payments for mass processing 
-Develop, monitor, and ensure processes for evaluating and auditing operational performance against established metrics, quality, standards, and service level agreements .
-Partner with HR leaders and HR Shared Services to foster a team environment promoting open communication 
-Identify and implements audits on compensation practices accurately and in a timely manner to ensure compliance with all plan provisions and governing statutes
-Ensure that compensation documentation meets compliance guidelines; Maintains documentation of all company-wide and facility-specific compensation plans for easy access and direction for managers, HR Business Partners, Compensation Senior -Specialists, and Compensation Specialists
-Review the performance of Compensation Senior Specialists and Compensation Specialists; Identifies training needs, corrective requirements, and develops plans of action

Preferred certification and education:

-Certified Compensation Professional (CCP) designation preferred
-Certified Employee Benefit Specialist (CEBS) certification or Certified Benefit Professional (CBP) designation preferred
-Bachelor's degree preferably in Business, Human Resources, or relevant field required

Skill preference:

-Minimum of five years of experience in the administration of compensation programs 
-Minimum of three years of experience in a management role overseeing the administration of compensation programs
-Proficiency in Microsoft Office Suite required 
-Human Capital Management (HCM) experience preferred, especially PeopleSoft

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