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TWIN DISC CAREERS

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Benefits and Compensation Specialist

Location : Racine, WI
Employment Type : Full-Time

Under the direction of the Director of Compensation & Benefits, this position assists in the planning, design, implementation, administration and communication of employee benefit and compensation programs, including payroll processing for our Racine-based employees. Oversees retiree benefits and ensures that all plans are in compliance with legal requirements and company policies. Seeks out process improvements and implements approved plans. All activities are performed with the highest level of confidentiality.

Essential Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily.  The requirements listed below are representative of the knowledge, skills and/or abilities required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Education and/or Experience:

  • Bachelor’s degree in business, insurance or related field
  • CEBS certification or similar a plus
  • Experience working with employees and retirees in a manufacturing environment preferred
  • Experience with overseeing benefits administration and payroll processing

Computer Skills:

  • Proficiency in Microsoft Suite of products, including Outlook, Word, and PowerPoint
  • High-level proficiency in Microsoft Excel
  • Experience with ADP or other HRIS system
  • Experience with ADP payroll processing or similar system

Communication Skills:

  • Excellent verbal and written skills
  • Ability to clearly explain employee/retiree benefits

Work Environment:

  • Office environment, with occasional exposure to manufacturing plant

Specialized Knowledge:

  • Good knowledge of health care reform legislation and requirements
  • Knowledge and experience of retirement plans, non-discrimination testing, etc.
  • Knowledge of best payroll practices

Other Requirements:

  • Patience with employee and retiree questions
  • Problem solving skills, in order to facilitate resolution to claims, reconcile variances, and understand cost trends.
  • Highest level of confidentiality
  • Diplomacy skills; with the desire to help others and solve problems
  • Strong organizational skills

 

  1. Prepare, maintain, and process welfare benefit applications and related documentation, ensuring that the plans are effectively communicated and accurately processed. Provide input on ensuring that benefit programs remain both cost-effective and competitive.
  1. Oversee aspects of weekly and biweekly payroll processing to ensure timely and accurate payments.  Resolve discrepancies and implement process improvements.
  2. Assist with the management of the Company’s Defined Benefit retirement plans by recording changes with the pension administration group and pension plan Trustee.  Audit and reconcile any discrepancies.   Provide retirement counseling as needed.  Prepare annual statements of DB Cash Balance plan.
  3. Administer the Company’s Defined Company’s Defined Contribution retirement plans, calculating DC contributions, and ensuring that plans pass non-discrimination tests.
  4. Provide on-going employee education regarding benefit plans and options, including conducting new hire orientations. Assist in educating employees about compensation and benefit plans through employee communications and meetings.  Meet with active and retired employees regarding welfare and retirement benefit questions and issues.
  5. Coordinate the annual open enrollment process.