Benefits & Compensation Manager

$90,000 - $110,000/Yr

Thriftbooks - Tukwila, WA

Full-time - Senior

Hybrid - Tukwila, WA

Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers

About the position

The Benefits & Compensation Manager at ThriftBooks is responsible for overseeing the design, implementation, and administration of employee benefit programs. This role requires a strategic mindset to enhance benefits offerings in alignment with organizational goals, ensuring compliance with regulations and optimizing cost-effectiveness. The ideal candidate will have extensive experience in benefits administration and strong leadership skills to manage a team and collaborate with HR leadership.

Responsibilities

• Design, develop, and administer employee benefit programs, including health insurance and retirement plans.
• Stay current with industry trends and regulatory changes to ensure compliance and competitiveness of benefit offerings.
• Manage relationships with benefit vendors, negotiate contracts, and evaluate service providers.
• Collaborate with HR leadership to develop strategies for attracting and retaining talent through competitive benefits packages.
• Lead open enrollment processes, including communication campaigns and employee education sessions.
• Provide guidance and support to HR team members and employees regarding benefit inquiries and claims issues.
• Analyze benefit utilization data and conduct benchmarking studies to assess program effectiveness.
• Develop and implement employee wellness initiatives to promote employee well-being.
• Serve as a subject matter expert on benefits-related matters, providing training and guidance to managers and employees.
• Ensure compliance with all federal, state, and local regulations governing employee benefits.

Requirements

• Bachelor's degree in human resources or related field.
• 5+ years experience in benefit administration, with at least 3 years in a supervisory or managerial role.
• Thorough understanding of employee benefit laws and regulations, including ERISA, ACA, HIPAA, and FMLA.
• Strong analytical skills with the ability to interpret data and conduct cost-benefit analyses.
• Excellent communication skills, both verbal and written.
• Proven ability to manage multiple projects simultaneously and meet deadlines.
• Demonstrated leadership capabilities, with experience leading cross-functional teams.
• Proficiency in benefits administration software and Microsoft Office Suite.
• Certified Employee Benefits Specialist (CEBS) or SHRM Certified Professional (SHRM-CP or SCP) credential is a plus.

Nice-to-haves

• Certified Employee Benefits Specialist (CEBS) or SHRM Certified Professional (SHRM-CP or SCP) credential.

Benefits

• Paid holidays
• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Paid time off
• Vision insurance
• 401(k) matching
• Life insurance
• Referral program
• Annual bonus incentive
• Professional development & growth opportunities
• FREE BOOKS!