Sr. Benefits Specialist
Under ArmourAbout the role
Values & Innovation
At Under Armour, we are committed to empowering those who strive for more, and the company's values - Act Sustainably, Celebrate the Wins, Fight on Together, Love Athletes and Stand for Equality - serve as both a roadmap for our teams and the qualities expected of every teammate.
Our Values define and unite us, the beliefs that are the red thread that connects everyone at Under Armour. Our values are rallying cries, reminding us why we're here, and fueling everything we do.
Our pursuit of better begins with innovation and with our team's mission of being the best. With us, you get the freedom to go further - no matter your role. That means developing, delivering, and selling the state-of-the-art products and digital tools that make top performers even better.
If you are a current Under Armour teammate, apply to this position on the Internal Career Site Here.
Purpose of Role
The Sr. Benefits Specialist is responsible for the day-to-day operations of group benefit programs for U.S. teammates (group health, dental, vision, short-term and long-term disability, life insurance, and other benefits and wellness programs). This position also provides excellent customer service to a variety of internal customers and monitors benefit administration across multiple systems and applications. Additionally, the Sr. Benefits Specialist will provide analytical and technical support in the delivery of the benefit programs, including leading of Open Enrollment.
Your Impact
• Ensures compliance of benefits programs, utilizing knowledge of benefits legislation (COBRA, FMLA, HIPAA, PPACA, ADA and others) and Summary Plan Descriptions by staying up to date on rules and regulations impacting benefits
• Establish and maintain partnerships with third-party vendors and internal stakeholders to ensure programs and plans are accurately and efficiently administered.
• Perform and oversee audits for data integrity related to teammate enrollments, ACA compliance, COBRA administration, and file feed error reports.
• In collaboration with other departments, work with third-party vendors to prepare and submit data files and internal reporting for benefit programs related to audits, annual compliance testing, and year-end data collection.
• Ensure accurate and timely processing of invoices for all benefit programs, perform detailed reconciliation of invoices against benefit enrollment data to identify discrepancies and ensure accuracy.
• Review and approve payroll funding reconciliations and ACH/wire transmittals for weekly payroll deductions for programs related to 401(k) and Flexible Spending Accounts.
• Provide analytical support in the design, development and administration of benefits programs, plans and processes for U.S. and Canada employee population. Assess the competitive marketplace, including emerging trends, and provide analysis and recommendations to provide competitive and differentiated benefits that support the Company’s overall employee value proposition. Assess the impact and effectiveness of current benefits programs.
• Prepare communication materials as needed, including periodic updates and delivering training sessions for HR and teammates on benefits programs and changes.
• Provide timely responses to requests and questions regarding benefits, escalating complex issues as needed.
• Provide guidance to employees, managers, HR business partners and other stakeholders regarding eligibility, plan provisions, regulatory compliance and other matters related to benefit plans and programs.
• Assist Benefits Team leadership with responsibilities and projects, as assigned.
Qualifications
- Minimum 5 years of progressive benefits experience across all key areas of benefits administration
- Minimum 3 years of vendor and/or project management experience
- Excellent communication and problem-solving skills
- Advanced Knowledge of Microsoft Office Suite, specifically Excel
- Ability to problem-solve, automate processes and improve efficiencies
- Applicable system (SuccessFactors, ADP, SharePoint) experience, preferred
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