Compensation and Benefits Specialist

Overview:

Key Responsibilities

• Support the administration of annual compensation processes, including merit reviews, incentive plans, and payroll coordination.
• Prepare compensation reports and analysis to inform HR and business leaders.
  Maintain accurate compensation data and ensure timely execution of pay-related actions.

• Oversee the day-to-day administration of employee benefits programs (medical, dental, vision, life, disability, 401(k), etc.).
• Serve as a point of contact for employee benefit inquiries, providing clear and timely communication.
• Coordinate open enrollment, manage benefits changes, and update employee-facing benefits materials.
• Partner with vendors and brokers to ensure high-quality plan design and service delivery.
• Ensure compliance with all applicable federal and state regulations (e.g., ACA, ERISA, COBRA, HIPAA).
• Reconcile benefits invoices and resolve discrepancies with carriers.

• Lead or support special HR projects related to compensation and benefits.
• Collaborate with HR colleagues and internal stakeholders to provide an excellent employee experience.
• Monitor employee feedback and identify opportunities for benefits enhancements or process improvements.
  
  

• Maintain compliance with internal policies and external reporting requirements.
• Prepare and support government filings and benefits reporting (e.g., Form 5500, ACA reporting).
• Maintain accurate and confidential employee records related to pay and benefits.

• Conduct audits and assessments of compensation and benefits data to ensure accuracy and compliance.
• Analyze the effectiveness of programs and recommend improvements that support recruitment, retention, and employee satisfaction.
• Stay current with industry trends, benchmarks, and best practices.

Qualifications

• Bachelor’s degree in Human Resources, Business, Finance, or a related field.

• 3–5 years of experience in compensation and/or benefits administration.
• Strong understanding of compensation principles, market benchmarking, and job evaluation.
• Knowledge of employee benefits programs and related regulations (e.g., ACA, ERISA, COBRA).
• Experience using HRIS systems (e.g., ADP) and proficiency with Excel and PowerPoint.
• Excellent analytical skills, attention to detail, and ability to handle confidential information with discretion.
• Strong communication and interpersonal skills; ability to explain complex information understandably.
• Ability to manage multiple priorities, work independently, and contribute to a collaborative team environment.