Total Rewards Specialist - Benefits & Retirement Plans
- Shelton, CT 06484, USA
BIC® products are recognized all over the world for their quality, safety, affordability and ease of use. The ballpoint pen, the pocket lighter, and the shaver are all part of the daily lives of millions of consumers. These products make BIC® an iconic international brand, present in more than 4 million retail outlets in more than 160 countries around the world.
BIC’s founder, Marcel Bich, understood that to succeed, BIC needed hands-on team members who were willing to take measured risks and assume responsibility for their role in a team. Today, we provide our more than 15,000 team members in 61 countries with the opportunity to invent BIC’s future – together – while honoring our past achievements. We are committed to our team members’ development and empower those who wish to discover different areas of our business or acquire international experiences.
Administer the Company’s health and welfare, defined benefit, defined contribution, LTI and executive benefit programs and plans.
Ensure ongoing compliance with existing and new federal, state and local legal requirements and legislation, obtaining qualified opinions, advising management on needed actions regarding the benefit programs mentioned above.
Serve as subject matter expert and main point of contact to vendors and on benefit plans administration; acting as a liaison between internal HRIS, payroll, external benefit data sources, and other key stakeholders.
Act as main point of contact to team members regarding administration and compliance of benefit plans.
Manage the vendor service partners who perform the administration of the Health and welfare plans, defined benefit and defined contribution plans.
Resolve non-routine benefit issues and investigate benefit discrepancies, provide solutions and policy interpretation as appropriate.
Participate in plan review and contribute to plan design changes
Ensure administration compliance with benefit plan provisions
Advises and answers questions from team members and leadership on the interpretation of the health and welfare plans, defined benefit, defined contribution and executive benefit programs.
Updates Summary Plan Descriptions and audit benefit plans and policies.
Responsible for annual reporting and leading of annual audits for both the pension and 401(k) type plans, both in Canada and the US
Participate and prepare data for the annual benefit and corporate benefit audits.
Directs and answers team member plan questions and is the liaison with our 401(k) and other Defined Benefit plan carriers to troubleshoot issues and streamline administration.
Partner closely with retiree administration partner on ongoing administration tasks including a smooth transition for team members moving from active to retiree status
Responsible for maintaining third party systems which includes enrollment new hires, processing updates, benefit enrollment, etc.
Support Human Resources team on special ad-hoc projects.
Bachelor’s degree is required
A degree in HR or a related field is preferred
SHRM or CEBS certification a plus
Three to five years’ experience in a variety of benefit administration areas including enrollment management, health and welfare, and retirement plan administration is required
Prior experience with administration of 401(k) and/or a Defined Benefit pension plan is required
Must have experience with more than just tactical/administrative benefits duties - seeking a candidate with strategic ability and project management skills
Knowledge of ERISA, HIPAA, ACA, Cobra and IRS rules and regulations pertaining to the administration of health and welfare, defined benefit and defined contribution plans.
Ability to provide analytical support and possess strong problem-solving skills. Demonstrate solid written and oral communication skills to clearly, concisely and persuasively respond to Union/Non-Union leadership regarding specific benefit plan issues.
Project manager experience with the ability to oversee multiple initiatives or projects, monitor progress and completion, and ensure expectations are met
Strong financial skillset
Ability to analyze data and provide recommendations for improvements
Understanding and knowledge of employee benefit plan administration and external vendor management
Highly organized, able to coordinate multiple tasks, attention to detail and meet established deadlines
Displays outstanding customer service – work well both independently and as a team member
Creative and innovative
Strong computer skills required
Previous experience with insurance providers and proven relationships with benefit vendors/consultants
BIC is an Equal Opportunity Employer. We strongly commit to hiring people with different backgrounds and experiences to help us build better products, make better decisions, and better serve our customers. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, veteran status, disability status, or similar characteristics. All employment is decided on the basis of qualifications, merit, and business need.
BIC is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, all resumes submitted by search firms to any team member at BIC via email, or directly to a BIC team member in any form without a valid written search agreement in place for that position will be deemed the sole property of BIC, and no fee will be paid in the event the candidate is hired by BIC as a result of the referral or through other means.