Total Rewards Manager

Magic Leap Plantation, FL
Job Description

With a focus on benefits and mobility, this role will be responsible for defining the strategy of current and future Benefits Plans, administering all benefit plans, creating reports to highlight trends to senior leadership, ensuring compliance with all state and federal regulations and filings, maintaining all plan documents and required forms. This position will be responsible for of the management of our mobility programs managing them through outsourced vendors. This position develops cost control procedures to assure maximum coverage at the least possible cost to company and employee. The ideal candidate will also have an understanding compensation plans and programs.

Responsibilities:

* Plans and executes implementation and administration of employee benefit programs such as health insurance, disability insurance, life insurance, employee assistance, retirement, and other plans.

* Analyzes and evaluates services, coverage, and options available through insurance and investment companies to determine programs best meeting needs of the organization.

* Monitors budget allocations for employee wellness benefits.

* Develops and analyzes Benefits KPI's such as participation and utilization for all benefits on a monthly, quarterly and annual basis..

* Maintains knowledge of and analyzes government regulations, benefit program trends, and prevailing practices among similar organizations. Ensures compliance of benefits administration with federal and state laws, including IRS and Department of Labor regulations.

* Oversees benefit enrollment process, including weekly new hire meetings and annual open enrollment meetings, to ensure employees receive accurate information and enrollments are completed on a timely basis. Directs maintenance of employee benefits data in automated human resources information systems.

* Oversees development of informative materials from vendors, ensures availability of adequate materials and develops and updates appropriate Company materials in-house. (ie benefits brochure)

* Ensures necessary plan documents are in place and government-mandated disclosures, e.g. summary documents, are distributed to eligible employees.

* Ensures timely completion and submission of required reports, such as annual Form 5500. Provides information to consultants and auditors for testing and preparation of reports.

* Research and respond to complex questions from employees and leaders regarding the interpretation of benefits plans, including eligibility, covered services, and exclusions.

* Ensure timely delivery payment for services benefit plan providers

* Administers and evaluates wellness and healthcare educational programs to promote healthy lifestyles and changes in health care utilization and compliance.

* Oversees mobility managing external service provider relationships and addressing specific employees needs as arise

* Other related duties may be as assigned as needed

Qualifications:

* Minimum of 5 - 8 years experience in Benefits Management, with knowledge of Section 125 regulations, COBRA, FMLA, HIPAA, IRS, and FLSA regulations

* Experience developing benefits and wellness strategies including self funded plans

* Knowledge of mobility programs – relocation, immigration

Education: