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Benefits Analyst - Retirement

icon building Company : Lkq
icon briefcase Job Type : Full Time

Number of Applicants

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Job Description - Benefits Analyst - Retirement

Join the LKQ Family! We're looking for motivated individuals to join our team at LKQ Corporation. With opportunities for growth, competitive benefits, and a supportive work environment, LKQ is the place to be. Apply now and take the first step toward a rewarding career!

Responsible for administering the implementation and maintenance of the Company's U.S. and Canadian benefit programs, with responsibility for the Human Resources Information System (HRIS) as it relates to interface benefit data file feeds, audits, annual benefit wage updates, set-up, testing, LOA module review, and reporting. Perform the day-to-day functions related to employee benefit programs, ensuring the accuracy and correct application of all facets of plan provisions and legal guidelines.

Essential Job Duties

  • On a daily basis, may administer benefits plans including processing of documentation in a timely manner; maintenance of documentation in an accessible location, responding to inquiries about benefit programs, serving as a liaison between employees and benefit vendors, and coordinating all changes of information with payroll, personnel file and related records, and benefits vendors.
  • Develop and coordinate written and verbal communication programs to publicize and explain benefit programs so as to increase employee knowledge, improve utilization, and generally maximize the value of the benefit for both employees and the Company.
  • Develop and maintain benefits program administrative manuals, records, and Human Resources benefit database, and other documents necessary for implementing benefit programs in compliance with ERISA laws, Plan Documents, and Company policy.
  • Ensure appropriate ongoing administration of all benefit programs which includes entry or transfer of benefits data to/from provider systems.
  • Maintain data integrity through the use of audits and data analysis.
  • Ensure accuracy of all benefits data through periodic audits and other verification practices.
  • Perform U.S and Canada benefits research to determine feasibility of possible improvements to existing programs; accumulate and analyze data, prepare recommendations, and report to upper management.
  • Keep abreast of new and emerging U.S. and Canada benefit trends, creative solutions, and new legislative changes (Healthcare Reform).
  • Develops and maintains departmental policies, procedures, and operational guidelines relating to employee benefits and audit reporting.
  • Assumes other duties as assigned.

Supervisory Responsibilities

  • Not responsible for supervising employees.

Minimum Requirements

Education & Experience

  • Bachelor's Degree or equivalent experience.
  • 3+ years general human resources or business experience with a minimum of five years in benefit administration.

Preferred Requirements  

  • No Preferred Requirements.

Knowledge/Skills/Abilities

  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, and percentages and to draw and interpret graphs.
  • Frequent use of Outlook, Word, Excel, graphics, etc. Ability to create, maintain, and incorporate functions into Word documents, Excel spreadsheets, databases, and PowerPoint presentations to support business objectives.
  • Regularly uses moderately complex oral and written skills. May train others in functional areas, interact with others, and make presentations to departments or middle management.
  • Problems encountered are routine, somewhat repetitive, and generally solved by following clear directions and procedures.
  • Decisions generally affect own job or assigned functional area.
  • Results are defined; sets personal own goals and determines how to achieve results with few or no guidelines to follow; supervisor/manager provides broad guidance and overall direction.
  • Handle multiple tasks or projects simultaneously with moderate complexity.

Essential Physical Demands/Work Environment  

  • Work is primarily sedentary: must be able to sit for extended periods of time and use a computer, keyboard, and mouse, frequently.
  • Travel may be required periodically, including overnight stays (contingent on position requirements).
  • Must be able to lift up to 25 pounds.

Benefits:

  • Health/Dental/Vision Insurance
  • Paid Time Off
  • 401k with Generous Company Match
  • Company Paid Life Insurance and Long-Term Disability
  • Short-Term Disability
  • Employee Assistance Program
  • Tuition Reimbursement
  • Employee Discounts

Join us for an exciting career journey with positive, driven individuals.

Original job Benefits Analyst - Retirement posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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