Benefits Analyst
Germantown, TN
West Fraser, Inc. is the largest southern yellow pine lumber producer in the United States, operating twenty-one mills with 3200 employees across nine southern states. West Fraser Timber, our parent company, is an integrated producer with corporate headquarters located in Vancouver, Canada. Over the last 15 years, the company has grown significantly in the United States both from acquisition and from significant capital investment.
We are looking for a highly-experienced Benefits Analyst to join our West Fraser team in the US. This position is located at our US Corporate Headquarters in Germantown, Tennessee.
Responsibilities
- Administers the company’s health and welfare and retirement plans (defined contribution and defined benefit) in accordance with plan documents and company policies and procedures.
- Serves as the subject-matter expert for retirement recordkeeper’s system.
- Responsible for overall set-up and maintenance of benefit plans in the HRIS system, including annual enrollment changes.
- Ongoing responsibility for vendor data file feeds and reconciling error reports, identifying recommendations for streamlining the process.
- Supports management in the annual benefits renewal process, providing financial and data analysis as needed.
- Monitors experience (claims, administration fees, utilization) of all benefit plans; creates benefit-cost report and narrative for management review.
- Works with consultants to develop projections for the annual benefits budgeting process.
- Works with auditors to provide information as needed to support the annual audits for qualified benefit plans.
- Coordinates all government filings and requirements such as 5500s, 8955-SSAs, PBGC Premiums, 1095-C, Annual Funding Notices, and Summary Annual Report.
- Audits and maintains benefit plans for compliance with government regulations.
- Responsible for financial aspects of benefits such as cost analysis, vendor invoices, and benefits billing.
- Provides data and supports vendors for annual nondiscrimination testing.
- Participates in the fiduciary compliance process for defined benefit and defined contribution plans involving the coordination of investment selection meetings and keeping of minutes.
- Analyzes external market/benchmark data and identifies areas where we can be more competitive with our benefits offerings.
- Identifies, recommends, and implements process improvements to reduce or eliminate errors.
- Special projects and other duties as assigned.
Education / Experience / Skill / Competency Requirements
- 7+ years of in-depth employee benefits analyst experience required.
- In-depth experience providing administrative oversight for retirement (defined benefit and defined contribution) and health and welfare plans are required.
- Analytical thinking, creativity, and problem-solving skills are required.
- Strong written, verbal, and interpersonal skills are required as well as the ability to communicate effectively with employees on all levels.
- Experience managing multiple projects with the ability to prioritize is required.
- Excellent computer skills, especially Microsoft Office (Excel, Word, PowerPoint) and HRIS databases maintenance is required.
- Extensive technical experience managing outsourced HRIS benefit platforms is required.
Preference:
- Bachelor’s degree preferred.
- CEBS (Certified Employee Benefits Specialist) or significant work toward designation is highly desirable.
Benefits:
We offer an excellent compensation package including a competitive salary, excellent benefits (medical, dental, vision, life insurance, short and long-term disability, 401-k savings plans with company match options, paid holidays and vacation time), and relocation assistance.
Safety is one of West Fraser’s core values and our employees can expect a challenging, stable work environment with career development opportunities.
About the location:
Germantown, Tennessee is part of the Memphis metropolitan area and part of Shelby County which is the largest county in TN in terms of area and population. Data website HomeSnacks named Germantown as the best city to live in, in the Volunteer State. Germantown is alive with opportunities to engage with neighbors, learn something new, celebrate holidays, experience arts and culture, and live a healthy lifestyle. Come enjoy the rich traditions, lush greenways, Southern hospitality, amazing experiences with the arts, and year-round community events. An easy 30-minute drive east of Elvis’ mansion and the rhythm-and-blues of Beale Street. Germantown is only 16 minutes away from the gorgeous 4,500 acres of Shelby Farms Park which is one of the largest urban parks in the country!
Apply:
If you are ready to build your career in a company that thrives on growth, internal promotions, training, safe work environment, rewarding work, challenge, and opportunity, come build your career with us at West Fraser: www.westfraser.com/jobs
We thank all candidates for their interest; however, only those selected for an interview will be contacted. Please apply through our online application process. Be sure to attach your resume to your online profile as resumes will not be accepted at the site. No phone inquiries, please.
West Fraser is an Equal Opportunity Employer M/F/V/D & Drug-Free Workplace (DFW)