Benefits Specialist I
Work Model: You’ll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday–Thursday), with flexibility to work remotely up to 2 days, including Friday.
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A key influencer of Regal Rexnord’s short and long-term business success depends on the ability to have the right talent, in the right roles at the right time to drive the enterprise strategy.
This role is responsible for providing support in the administration of our Health and Welfare benefits. The role will be hybrid, working onsite out of our South Beloit, IL location at least 3 days per week (Monday – Thursday), with flexibility to work remotely up to 2 days, including Friday.
Reporting to the Health and Welfare Benefits Manager, the Benefits Specialist will serve as a key partner and support to our Total Rewards team. This role is responsible for supporting the administration of our U.S. health and welfare benefits and will assist with our global benefit plans as needed. They will have the opportunity to learn about health plans while providing the support needed to ensure accurate plan materials, administration and reporting as well as partner with HR Business Partners and team members on questions and issues.
Key Responsibilities
- Respond to Human Resource Business Partners, team members, beneficiaries and vendor partners regarding health and welfare plan inquires/matters
- Conduct new hire benefits orientation sessions
- Manage monthly vendor invoices and coordinate payments for Health and Welfare plans
- Provide support for the ongoing administration of Regal Rexnord’s benefits administration platform and Human Capital Management (HCM) system
- Oversee payroll-related benefits administration including approval of Payroll Authorization Forms (PAF) and prior service credit administration
- Benefit program administration including wellness, leave of absences (LOA) and discount programs
- Maintain benefit plan materials on the HR SharePoint site and benefits administration...
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