Manager, Employee Benefits

Power-Solutions-International,-Inc; Itasca (IL); On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

401(k) match

Life insurance

AD&D

Disability insurance

Wellness program

Job summary

Power Solutions International (PSI) seeks a Manager of Employee Benefits to lead the design, administration, and cost-management of medical, dental, vision, life, disability, wellness, and retirement programs. The role includes overseeing open enrollment, supporting managers and employees, and producing leadership reports to optimize benefits strategy.

You will ensure regulatory compliance (ACA, HIPAA, COBRA, DOL, ERISA) and manage vendor relationships while leveraging Paycom HRIS data to drive

Qualifications

• Bachelor’s degree in Human Resources or Business preferred; may substitute with direct applicable work experience.
• Demonstrated success in managing employee benefits policies, offerings (medical, dental, vision, life, disability, wellness), procedures, administration for a high-volume environment.
• Demonstrated experience managing, administering, and auditing a large scale 401(k) retirement plan with regulatory compliance, plan controls, audits and vendor oversight.
• Tech savvy with MS Office (especially Excel) and an HRIS (ideally Paycom).
• ADA, ACA, HIPAA, COBRA, DOL, and ERISA expertise in manufacturing context.

Responsibilities

• Lead design, implementation, and administration of benefit programs (medical, dental, disability, life, retirement, wellness).
• Manage new hire and annual open enrollment cycles with HR team, vendors, and other stakeholders.
• Provide responsive support and resolution for managers and employees on benefits questions.
• Develop regular reporting for leadership to monitor program effectiveness and cost impact.
• Audit benefits invoices and manage vendor relationships for multiple benefit plans.
• Maintain HRIS data integrity (Paycom) and assist with system security and compliance.

Skills

Benefits administration

Vendor management

Data reporting

MS Excel

HRIS Paycom

Regulatory compliance

Education

Bachelor’s degree in Human Resources or Business

Tools

Paycom

Excel

Job description

Pay Rate: $110,000 - $140,000/yearPower Solutions International (PSI) is a leading manufacturer of emissions-certified powertrains specializing in customized and fully integrated turnkey solutions for the leading global equipment manufacturers in the industrial, transportation, and energy markets manufacturers. Our facilities are housed in one million square feet of engineering, assembly, operations, and distribution space across seven facilities. We are positioned to meet the high production volumes of our customers with added capacity for growth.Position Summary:Reporting to the HR Director, the Manager, Employee Benefits manages and administers benefits, and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, wellness, and 401(k) plan. This individual will develop and administer processes and controls to allow effective data analysis and reporting of benefits, maintain the accuracy of employee benefits, ensure compliance with regulations, and effectively use resources to attract and retain employees through benefits.Essential Duties & Responsibilities:Lead the design, implementation, and administration of benefit programs, including medical, dental, disability, life insurance, employee assistance, retirement, wellness, and other plans. Manage the new hire and annual open enrollment cycle, interfacing with other members of the HR team, vendors, and other parties.Provide responsive support and resolution for PSI’s managers and employees on questions related to benefits. Interpret health and welfare, 401k retirement, programs, policies, and plan documents to facilitate administration, respond to questions, and interface with vendors, brokers & partners independently to solve complex problems.Develop regular reporting for leadership to monitor effectiveness of programs, model cost impact, and make recommendations for changes.Support vendor relationships related to medical, dental, vision, life insurance, short- and long-term disability, HSA, FSA, and 401(k) plans. Help identify vendors, establish vendor standards and SLAs, and monitor and evaluate performance with a focus on timely delivery, quality, and managing costs. Audit benefits invoices.Manage and maintain HRIS database (Paycom), to support benefits operations strategy, and working closely with Payroll and HRIS. Assist with system security administration.Partner with the broker and counsel to ensure compliance with state and federal regulations including ACA, HIPAA, COBRA, DOL and ERISA.Manage the leave of absence process, ensuring leaves are complaint with all applicable state and federal law. Lead the communication process to all leave stakeholders.• Develops and manages an integrated wellness program to support employees and dependents.• All other duties as assigned by management.Requirements:Bachelor’s degree in Human Resources or Business preferred; may substitute with direct applicable work experience on a year-for-year basis which built competencies and subject matter expertise.Demonstrated success in managing employee benefits policies, offerings (medical, dental, vision, life, short- and long-term disability, and wellness), procedures, administration for a high-volume environment.Demonstrated experience managing, administering, and auditing a large scale 401(K) retirement plan. This includes experience with regulatory compliance, plan controls, annual audits, and vendor oversight.Tech savvy with experience using MS Office (especially Excel) and an HRIS (ideally Paycom)Ability to juggle multiple projects and prioritiesSubject Matter Expertise in ADA, ACA, HIPAA, COBRA, DOL, and ERISAManufacturing industry experience supporting a significant non-exempt employee population a plus.Ability to ensure confidentiality of employee informationProject Management success.PSI offers a wide range of benefits from medical, dental, and vision to pet insurance as well as discounted prescription plans. Additionally, we also provide a 401k match, life insurance and AD&D, short- and long-term disability, and an employee assistance program. Come join our team and learn more about PSI and what we have to offer!Power Solutions International/3Pi is an EOE disability/vet company offering a drug-free workplace. We celebrate diversity and are committed to creating an inclusive environment for all employees..