HR Spec - Transition Benefits Analyst
Arthur Grand Technologies IncAbout the role
Company Description
Arthur Grand Technologies (www.arthurgrand.com) is in the business of providing staffing and technology consulting services. We have doubled our revenue year over year for the past 5 years. This speaks to the long-lasting relationship and customer satisfaction that we have built in this short span of time. Our company is managed by a team of professionals who worked for big 5 consulting firms for 20+ years.
We are a minority owned staff augmentation and technology consulting company
To keep our valued employees, we need to keep them engaged in challenging, interesting work, offer market-relevant benefits and provide continued opportunities for professional growth.
Job Description
Arthur Grand Technologies is currently seeking a highly motivated and skilled HR Specialist - Transition Benefits Analyst for one of our clients.
Position: HR Spec - Transition Benefits Analyst
Location: Lexington, KY
Duration: Contract
Transition Benefits Analyst
Specific Deliverables
1. Review/analyze four defined pension plans, one post retiree medical plan; multiple defined contribution plans and health and welfare plans.
2. Establish a structured compliant approach to transfer the plans’ sponsorship and administration from the multiple employers to a single employer. This approach must be outlined in a written benefits plan for customer review and approval.
3. Facilitate the transfer of plans’ sponsorship utilizing sourced Employee Retirement Income Security Act of 1974 (ERISA) consultants, legal counsel, actuaries, and brokers.
4. Prepare a weekly written report that statuses plan sponsor transfer and administration.
5. Prepare senior team members weekly status of progression towards attaining plan sponsorship and administration.
6. Ensure all required plan amendments, summary plan documents /summary of material modifications, participant notifications, and provider/vendor agreements are drafted for review and approved.
7. Ensure compliance with local, state, and federal benefit and health & welfare plan requirements including preparation of reports and application required to be filed with various regulatory agencies.
8. Prepare and present at various town hall meetings an overview of the plans’ structure and plan changes (if applicable)
Required skills/knowledge.
1. Intermediate level technical knowledge of multi and/or multiple employer pension, defined contribution and health and welfare plans.
2. Working knowledge of financial, actuarial, and underwriting management practices for benefit plans
3. Ability to understand and implement the requirements outlined in a DOE RFP Section H clause provision.
4. Ability to follow a defined work plan to complete benefit deliverables and facilitate work processes through the plan sponsors/employers, multiple providers, and ERISA consultants.
5. Working knowledge of Department of Energy Benefit Value Studies and Benefit Cost Study to determine if plan changes are needed.
6. Capacity to design, develop and/or modify benefit programs, policies, and procedures.
7. Working knowledge of Federal Acquisition Regulation (FAR) 31.205-6 and Department of Energy Acquisition Regulation (DEAR) 970.3102-05-6 application to contractor’s total compensation and benefit systems
8. Provide advice and guidance to senior management regarding compensation challenges.
9. Strong written and verbal communication skills; ability to prepare professional presentations for customer briefings.
10. Ability to coordinate with multiple employers to develop final benefit plan submittal.
11. Strong emphasis on quality and process improvement opportunities
Basic Qualifications:
• Bachelor’s degree in human resources, Business Administration, Finance, or other related field and seven (7) to nine (9) years of progressive and relevant benefit administration experience
• Proficiency in Microsoft and other standard office software
Preferred Qualifications:
• Certified Employee Benefits Specialist, Certified Benefits Professional or equivalent certification
• Experience with DOE Environmental Management contracts
About Arthur Grand Technologies:
Arthur Grand Technologies is a leading provider of staffing and technology consulting services. Our company is managed by a team of professionals who have worked for big 5 consulting firms for 20+ years. We are a minority-owned staff augmentation and technology consulting company.
At Arthur Grand Technologies, we value our employees & contractors and strive to provide them with chall
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