Benefits Associate Hybrid Jersey City, NJ 07310

Benefits Associate Hybrid

Full Time • Jersey City, NJ 07310
Replies within 24 hours
Benefits:
  • 401(k)
  • 401(k) matching
  • Bonus based on performance
Job Title: Benefits Associate
Location: Jersey City, NJ (Hybrid)

Compensation: $40/hr - $45/hr

Experience Required: 5 years 
Position Summary:

The Benefits Associate is responsible for the day-to-day administration and processes, vendor management, and implementation of benefits programs for the US region. This role aims to support business objectives and attract and retain talent. Candidates should ideally come from global fintech companies or Fortune 500 multinational organizations comparable in size and scope to DTCC.

Responsibilities:

  • Assists with the administration of benefits processes and programs to deliver benefits services to employees, ensuring regulatory compliance, appropriate governance, and risk management.
  • Builds strong partnerships and collaborates with all levels across the company to ensure benefits delivery, aligned with and supporting organizational business and HR strategies.
  • Manages benefits vendor relationships in benefits administration and regulatory compliance.
  • Ensures all payroll-related transactions are reported to the payroll team in a timely manner.
  • Reviews, reconciles, and processes monthly invoices to ensure accuracy and timely payments.
  • Communicates policies, practices, and guidelines effectively to all levels of the organization, including senior executives.
  • Provides ongoing internal and external audit support by responding to requests and providing information on benefit processes and procedures.
  • Manages the US leave of absence process (including payroll and HRIS reporting) and ensures appropriate and timely communications internally and externally.
  • Provides education and support to employees and People Managers throughout the leave process.
  • Provides support to US retirement programs, including analyzing reports, fundings, and handling participant inquiries as needed.
Qualifications:

  • 5 years of benefits experience, with experience in a multinational environment preferred.
  • Must have strong health and welfare, and retirement benefit experience.
  • Bachelor’s degree or equivalent experience.
  • Knowledge of benefits practices and industry trends.
  • Ability to manage multiple priorities under a tight timeline.
  • Ability to manage vendor relationships, balancing a good partnership and driving results.
  • Ability to partner effectively across all levels of an organization.
  • Strong data management and analytics skills.
  • Proficiency in PC skills, including Excel, Word, etc.
  • Strong understanding of Federal, State, and Local leaves.
  •  
Compensation: $40.00 - $45.00 per hour




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