Benefits Specialist

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Company: Tata Consultancy Services

Location: Edison, NJ 08817

Description:

The Benefits Specialist will have significant responsibility in managing our comprehensive benefits programs & ensuring compliance with benefits regulation. This role requires a deep understanding of benefits, excellent analytical skills, and the ability to communicate effectively with employees and management.

Key Responsibilities:
Benefits Administration Administer and manage employee benefits programs, including health, dental, vision, life insurance, retirement plans, and other voluntary benefits
Benefits Compliance: Ensure all benefits programs comply with federal, state, and local regulations.
Vendor Management: Manage relationships with benefits vendors, including health insurance providers, retirement plan administrators, and other third-party vendors.
Leave Program: Review and manage the leave program, ensuring compliance with FMLA and ADA regulations.
Policy Development: Develop and update benefits policies and procedures to ensure compliance and best practices.
Worker's Compensation: Oversee and manage the worker's compensation program, ensuring compliance with relevant laws and regulations, and providing support to employees throughout the claims process.
Audits and Reporting: Conduct regular audits of benefits programs and prepare reports for management and regulatory agencies.
Employee Communication: Provide clear and concise communication to employees regarding benefits programs, changes, and compliance requirements.
Training and Support: Conduct training sessions for HR staff and employees on benefits-related topics and compliance issues.
Data Analysis: Analyze benefits data to identify trends, cost-saving opportunities, and areas for improvement.

Qualifications:
Education: Bachelors degree in human resources, Business Administration, or a related field. Master's degree or professional certification (e.g., CEBS, PHR, SPHR) is a plus.
Experience: Minimum of 7-10 years of experience in benefits administration, with a strong focus on compliance and regulations.
Knowledge: In-depth knowledge of benefits laws and regulations, including ERISA, HIPAA, COBRA, ADA and FMLA.
Skills: Excellent analytical, organizational, and communication skills. Proficiency in HRIS and benefits administration software.
Attributes: Strong attention to detail, problem-solving abilities, and the ability to work independently and as part of a team.

Salary Range: $80,000 - $110,000 a year

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