Benefits Manager

Requirements

WHAT WE ARE LOOKING FOR

Bachelor’s degree in human resources or business-related field 7 – 10 years of benefits management experienceProfessional certification such as Certified Employee Benefits Specialist (CEBS) is desirable but not required.

Diversity, Equity And Belonging

Our commitment to Diversity, Equity and Belonging (DEB) endeavors to create a safe space for all employees and customers, regardless of age, race, sex, gender identity, national origin, or religion. We lift up voices and opinions by creating a respectful work environment where difference is valued, and we are doing our part to build towards a greater society where diverse points of view are celebrated.

Position Summary

At PennEngineering, we innovate and collaborate to make the world a better place. You can contribute to work that matters with a company where diversity, equity and belonging are shared values. We’re committed to fostering an environment for every employee that’s welcoming, respectful and inclusive, with great opportunity for professional growth. Find your future with us.

PennEngineering is seeking a motivated, excited, individual to be a part of PennEngineering’s Corporate Human Resources Team. As the Benefits Manager at PennEngineering, you’ll collaborate with teams that do truly amazing things. The Benefits Manager will be responsible for managing all aspects of employee health, welfare, and retirement plans. The Benefits Manager will be responsible for plan design, benefits administration, communications strategy, and ensuring compliance with all applicable laws and regulations to attract and retain top talent.

Join us as we build the future in Manufacturing and Engineering!

Perks And Benefits

Great Place to Work Certified 2024!Employee Centric CultureMedical & Employer Paid: Dental and Vision Parental Leave401k and Employer MatchPaid time off and holidaysTuition reimbursementCommunity Volunteering

What You Will Do

Designs, recommends, and implements new benefits policies and programs to ensure PennEngineering companies are competitive and where possible differentiated in the North American market. This requires examining possible plan designs, managing Company risk, ensuring compliance, and calculating the impact to the business.Proactively stays abreast of North America market practices, trends and requirements to ensure benefit offerings remain market competitive, financially sound, and legally compliant. Serves as primary contact for broker, plan vendors and third-party administrators for billing, plan design and open enrollment set up.Leads the annual Open Enrollment process which includes the communication plan (including employee meetings), updated plan documents, compliance and updating HRIS with new rates.Administers the 401k Plan which includes the payroll funding and reconciliation of employee deferrals and Company matching contributions and quarterly reporting by business unit.Responsible for authorizing all benefit coverage invoicing and self-bill preparation.Administers and reconciles the payroll funding of the health and flexible savings accounts.Oversees the Annual Retirement Plan Audit (401k and Pension Plans).Ensure compliance with applicable government regulations.Ensures the preparation and filing of all Form 5500’s for the Welfare and Deferred Benefit Plans is completed annually on-time.Completes the Affordable Care Act (ACA) annual filings through the ADP module which results in creating 1095-C and 1095-B forms.Administers the Defined Benefit (DB) Pension Plan which includes:the preliminary preparation of DB Pension calculations for the DB plan participants in coordination with the Company’s actuarial firm.annual pension statement preparation.annual funding.notices; preparing and authorizing all Distribution requests.processing with Trust company. maintaining files of termed vested inactive participants. Collaborate with Human Resources Business Partners and Internal Communication Manager for communication tools to enhance team members’ understanding of the value of the benefits offered, announce any and changes and meet disclosure requirements.Assists in due diligence activities for all Company Acquisitions in North America.