Genesis Financial Solutions
Job Description Join the nation\u2019s leader in second-look financing as a Benefits & Compensation Specialist! About Genesis Genesis Financial Solutions is the nation\u2019s leading and largest provider of private label credit programs for non-prime consumers. The company originates private label credit cards through point-of-sale partnerships with retailers and health care providers. In addition, we have a fast-growing direct-to-consumer business, originating non-prime MasterCard accounts. Both products provide underserved consumers access to the financing they need to pursue their life goals. We attribute our leading position in the industry to a strong focus on providing outstanding service to both retail partners and end consumers. We pride ourselves on offering the same credit experience that prime customers receive. Sophisticated analytics, high-quality execution, strict adherence to regulatory and compliance requirements and an unmatched expertise in risk management all make this possible. Key Responsibilities Assist in the design, development, and administration of employee benefit plans, in alignment with company goals and objectives. Primary administrator for employee benefit and compensation plans, including health & welfare insurance plans, 401(k), wellness, worker\u2019s compensation insurance and salary administration. As Our Benefits & Compensation Specialist You Will Administer all health & welfare plans, including health insurance, FSA, life & disability. Plan administrator for company 401(k) and Deferred Compensation plans. Assist with reviewing existing policies and programs and make recommendations for new plans or changes in existing plans, based on program metrics, company objectives, legislative changes and market trends. Review and approve all benefit invoices for accuracy before submitting for final approval, resolving discrepancies with carriers Summarize and report on benefit expenses to ensure alignment of budget for fully insured and self-insured plans. Coordinate benefit and wellness related communications and presentations. Assist with all benefits-related reporting, including annual 5500\u2019s and ACA reporting. Prepare and facilitate required benefit audits. Assist with documenting and updating benefit related policies, summary plan descriptions, and HR procedures. Work closely with Akron HR Coordinator to accurately process benefit enrollments and changes. Answer questions related to all benefit programs.Act as a liaison with broker or carriers for escalated issues. COBRA Administration for eligible employees. Assist with the coordination of annual salary review and bonus administration processes. Participate in market and salary surveys. Conduct compensation research and market analysis. Skills & Requirements Requirements Bachelor\u2019s degree or equivalent experience 3 years Human Resources experience specifically related to benefits administration Able to handle highly sensitive information and maintain confidentiality Strong analytical skills Intermediate to Advanced Excel experience High level of professionalism and ethics Strong written and communications skills Comprehensive knowledge of state and federal labor laws and payroll policies Extremely high level of attention to detail Experience with HRIS\/Payroll systems Ability to use software programs to manipulate and present data.
Genesis Financial Solutions