Senior Benefits Analyst - Corporate Office

Imagine an organization that is a recognized global leader. Imagine being part of a team that is passionate in how it creates value for its customers through trusted relationships, innovative solutions and operational excellence. Imagine endless career opportunities. Imagine the possibilities.

 

At Southco the possibilities begin with our greatest resource - our people. People who are results oriented and conduct themselves with unquestionable integrity and professionalism -- individuals who are passionate about creating customer value. At Southco, we value the strength of our global community and we respect cultural and individual diversity. We strive to create an environment that enables our people to be inspired, open and candid and we encourage all associates to seek out possibilities and accept challenges. We understand that individual development drives business growth, and for that we offer a positive career environment rich in personal and professional development through great experience and targeted training.

 

Senior Benefits Analyst - Corporate Office:

 JOB SUMMARY:The Senior Benefits Analyst maintains, implements and assists in development/design of global benefit plans and programs.  This includes benefit programs for all active and retired Southco employees and its subsidiaries.  Assists Director of Corporate Benefits in developing  benefits strategies.  Monitors all benefit programs for compliance with global laws and regulations.  JOB DESCRIPTION & DUTIES:Analyzes Southco benefit plan provisions and utilization data against external trends, plan design, cost efficiency and overall global benefit (Southco) objectives and strategies. Monitors and maintains plan compliance for US health, welfare and retirement plans.  Provides support on ad hoc basis for benefit programs outside of the US.  Handles all US QDRO and QMSO matters for Southco US facilities. Provides global technical support, plan interpretation, and research to the facility human resources staff regarding benefits implementation and administration.  Develops and delivers employee communications regarding all benefits including letters, postings, general mailings, seminars, annual open enrollment mailings and employee meetings.  Conducts employee presentations several times during the year. Acts  as a primary liaison with carriers, vendors and consultants on a strategic level regarding various matters such as plan design, contracts, renewals, plan provisions, and coverage. Provides pre-retirement benefit estimates, employee counseling, and retirement benefit plan support for all US employees.  Serves as the overall corporate point of contact for all US Southco retirees.  Sets up annuity payments and monitors Pension Plan Trust activity monthly.  Sets up and monitors retiree medical, life and supplemental benefit plans. Develops, monitors and analyzes annual health and welfare benefits budget for the US ($7mm). Keeps abreast of employee benefit trends and issues globally.  This includes reading professional journals, attending workshops and seminars, research via the internet, etc.  Perform special projects as assigned by Director of Corporate Benefits.  Continuously looks for ways to improve benefit efficiencies through process, automation and communications. 

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QUALIFICATIONS:

· Bachelor's Degree in Business Administration, HR or analytical field

· Practical knowledge in and experience with  employee benefit plan design, practices, and strategies for health, welfare and pension/retirement plans (2-5 years).

· Excellent analytical & organization skills.

· Proficient in the use of Excel, Word, PowerPoint, Access

· Ability to communicate effectively in writing, person to person and when conducting employee presentations.

· Experience in HRIS a plus.



 

Learn more about Southco, Inc. by visiting our Web site at www.southco.com

 

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