Compensation and Benefits Analyst

Municipal Employees Credit Union of Baltimore,...
Baltimore, MD Full Time
POSTED ON 5/30/2022 CLOSED ON 11/17/2022

Job Posting for Compensation and Benefits Analyst at Municipal Employees Credit Union of Baltimore,...

** As a condition of employment, candidates hired for a position will be expected to comply with MECU’s policies and procedures regarding vaccination requirements and workplace safety. ***

MECU is a not-for-profit financial institution committed to helping its members and community by offering high quality financial products and services.

Working in a team environment and under minimal supervision, supports the administration of all employee benefits, which may include retirement plans, leave policies, wellness programs, health and welfare benefits and compensation. Resolves first and second-level benefits related questions and identifies and escalates priority issues as necessary. Assist Benefits Manager with federal and state compliance regulations including ACA, COBRA, FMLA, Medicare, ERISA, etc. including administration of FMLA, Qualified Life Events, LTD and COBRA.

Oversees accurate and timely data entry into HRIS. Responsible for payment and reconciliation of monthly compensation and benefits related invoices. Facilitates data collection and analysis associated with testing, audits and special projects. Partners with Manager and consultants on effective Open Enrollment communication strategies.

Participates in the development, implementation and ongoing review of compensation and benefits initiatives. Prepares and maintains job descriptions and salary grades for each position in the organization; ensures descriptions accurately reflect the work being performed.

Other responsibilities include: maintaining accurate employee records in HRIS and hardcopy files; regulatory compliance such as EEO reporting and I-9 documentation; coordinate departmental budget and planning; maintains Employee Handbook. Back up for payroll processing; Prepares departmental reports, correspondence, spreadsheets; Assist with the training of HR staff and employees as needed. Other team duties as needed.

Bachelors in Human Resources preferred; PHR or SHRM-CP preferred.

Five (5) years Human Resources experience required and Three plus (3 ) years experience in Benefits, Payroll, Compensation preferred

Additional Functions

Provide support to the Compensation/Benefits/HRMS manager when needed, as it relates to the following functions:

Participate in salary surveys
Provide data to auditors and retirement plan record keepers
Assist with Benefits Open Enrollment Process
Assist employees with the retirement process
Benefits presentations to New Hires and existing staff
Assist with job description creation and updating
Ability to explain employee benefits by conducting meetings; preparing written and graphic announcements and explanations; responding to requests.
Assists employees with benefits enrollment and questions, verifies all insurance billing, maintains employee database and files, and ensures compliance with required benefit notices.
Assists with the coordination of workers' compensation claims or LTD claims with third-party administrator. Follow up on claims.

Qualifications

Excellent customer service skills by providing accurate and timely information to internal and external customers
Strong organizational skills
Pays close attention to detail
Must have excellent written and verbal communication skills
Basic computer skills and proficiency with Microsoft Office; proficiency with Excel and overall data/reporting skills required.
Must be proficient in the use of PC applications including Microsoft Suite,
Experience with working with highly sensitive and confidential materials and the ability to maintain confidentiality in all situations.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this position, the successful candidate is regularly required to sit; use hands and fingers to handle objects, tools, keyboards or controls; talk and hear. The employee is occasionally required to stand, walk, reach with hands and arms and stoop or kneel. Must regularly lift and/or move files and equipment up to 15 pounds and occasionally lift/move up to 25 pound objects. Specific vision characteristics required by this position include close vision, adjust focus, and view a computer screen for extended periods of time.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

MECU of Baltimore, Inc. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

MECU conducts credit, bond and background checks.

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Salary.com Estimation for Compensation and Benefits Analyst in Baltimore, MD
$75,298 to $90,343
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