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Benefits Specialist

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Location: Chicago, IL, United States
Date Posted: Sep 26, 2023

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Description

Alvarez & Marsal (“A&M”) is a leading independent global professional services firm, specializing in providing compensation and benefits consulting services, corporate advisory services including tax advisory, turnaround management and performance improvement. With more than 8,000 professionals globally, our firm excels in problem solving and value creation. Drawing on a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

 
The US and Canada Benefits Team is seeking a Benefits Analyst who will support with the day-to-day operations of the US and Canada A&M benefit programs. 
 
Responsibilities:

  • Assist with the administration of the health and welfare plans as well as wellness programming, leaves of absence, and COBRA
  • Support employees at all levels with benefit enrollments, plan year changes, and annual enrollment changes in the Workday HRIS
  • Collaborate with Payroll and Finance to ensure billing and payroll deductions are handled timely and accurately
  • Prepare, audit and ensure payment of vendor invoices and self-billed insurance payments
  • Support the annual open enrollment process - pre and post enrollment cycle and answer employee questions throughout the process
  • Assist with communication and education to employees regarding benefit programs
  • Participate in the planning and development of the overall benefits programs
  • Provide top tier escalation support for benefits inquiries and work closely with groups to ensure resolution
  • Assist with the maintenance and updating of the benefit SharePoint site, benefit brochures, communication campaigns, and benefits process documentation, including standard operating procedures
  • Serve as a liaison between A&M benefit carriers and employees
  • Maintain employee records and all benefit information Workday HRIS
  • Work on other benefit-related projects as assigned
  • Complete routine audits to ensure data integrity 

 

Qualifications:

  • 1-2 years HR and/or benefits administration experience preferred
  • Bachelor’s degree in related field
  • Experience with invoice/billing reconciliation
  • Proven knowledge of benefits and plan administration
  • Strong computer proficiency including MS Word, PowerPoint, and advanced Excel skills
  • Exceptional communication skills, both verbal and written
  • Ability to multi-task and prioritize with a strong attention to detail.
  • A self-starter, with proven ability to work effectively in a team environment, as well as independently
  • Experience with Workday is a plus

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Diversity & Inclusion

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

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