Job Summary:
The Benefits Specialist (Canada) will assist employees with selecting a benefits package and retirement or pension plan and will provide administrative support for those plans to employees and beneficiaries.
Supervisory Responsibilities:
Duties/Responsibilities:
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Responsible for daily maintenance of Benefits Canada Mailbox and responding to all queries within 48 hours
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Provides new hire employees Benefit Summary containing health benefits information within two weeks of hire date
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Provides enrollment invitation and assists employees in enrolling for benefits in Canada Life
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Serves as a liaison between participants and the Canada Life plan administrator, handling or facilitating requests for all changes, updates or revisions in the Canada Life Website
- Explains health and dental benefit plan policies, procedures, and sends out enrollment invitation to Canada Life Website
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Provides new hire employees Enrollment Guide for RRSP/DPSP Retirement Savings within two weeks of hire date
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Explains retirement benefit plan policies, procedures, and legal requirements to employees and beneficiaries.
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Serves as a liaison between beneficiaries and participants and the plan administrator, handling or facilitating requests for contribution adjustments, refunds, and other administrative changes.
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Runs reports to capture any employee change of status or terminations
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Terminates benefits in Canada Life when employee is terminated or resigns and removes employees option deductions in ADP
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Researches and recommends appropriate benefits plans and services based on data analysis.
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Conducts group benefits presentations for and/or individual interviews with employees regarding retirement and pension options.
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Acquires and distributes relevant information and documentation to plan participants and beneficiaries.
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Develops and maintains records of participants and beneficiaries including active, deferred, retired, and separated members.
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Coordinates with actuaries, plan administrators, accountants, and other professionals to provide verified and compiled data for administration of benefits.
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Assists with open enrollment for retiree insurance benefits.
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Ensures retirement plans are administered in accordance with company, state, and federal guidelines and regulations.
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Maintains knowledge of legal and regulatory changes, trends, and other developments affecting retirement benefits.
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Performs other duties as assigned.
Required Skills/Abilities:
- Excellent interpersonal skills with ability to clearly explain retirement plan options in easily understood terms.
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Excellent organizational skills and attention to detail.
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Thorough understanding of laws, regulations, and agency interpretations or opinions related to retirement benefits.
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Proficient with Microsoft Office Suite or related software. ADP Workforce Now and Success Factors strongly preferred
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Canada Benefits administration
Education and Experience:
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Bachelor’s degree in Business Administration, Human Resources, or related field required.
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Minimum three years of experience with retirement, insurance benefits, financial planning, or actuarial services required.
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SHRM-CP or SHRM-SCP preferred.
Physical Requirements:
- Prolonged periods of sitting at a desk and working on a computer.
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Must be able to lift up to 15 pounds at times.