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Benefits Assistant/Analyst | Philips North America

  • Monday, November 16, 2020 3:51 PM
    Message # 9368617
    Vitor Hugo Cid (Administrator)

    Hi All - we have an opening on our Benefits team. If you're interested, please see below the job description and feel free to reach out to me in case of questions. 

    https://philips.wd3.myworkdayjobs.com/jobs-and-careers/job/Cambridge/Benefits-Assistant_377642-1 

    Job Description

    In this role, you have the opportunity to work on the US Rewards Team and work closely with the Benefits Team on the administration of Philips employee Health & Welfare programs and Philips Retirement plan.

    You are responsible for (but not limited to)

    • Review and reconcile monthly Business solver billing invoices and separate vendor invoices. 
    • Perform weekly/bi-weekly contribution and premium reconciliations including but not limited to; 401(k) Plans, Health Savings Account, voluntary benefit programs
    • Engage in quarterly and annual audits to satisfy compliance with ICS controls, SOX1, DCDs and the ACA; perform all activities in compliance with federal and state regulations to minimize legal risk exposure. 
    • Work with vendors on an annual/semi-annual basis to collect SOC 1, SOC 2 and Bridge Letters from Vendors.
    • Assist with preparing presentations and scheduling annual vendor meetings.
    • Support annual open enrollment activities related to communications, user acceptance testing and rate review. 
    • Coordinate with mailroom to collect rewards mail on an ongoing basis and route mail accordingly.
    • Support Sr. Benefits Specialist content management for the Philips Benefits Center and manage the functional email account.
    • Pull reports from various systems to support day-to-day benefits administration (i.e., payroll, benefits administration system).
    • Collaborate with PPS and Health Advocate to monitor/identify eligibility file issues and work with benefits specialist/benefits manager to find resolution.
    • Work with Philips People Services on escalated case resolution.

    You are part of a team

    As part of the US Rewards team, you will have the opportunity to work in a challenging, fast-paced, team-oriented environment in a diversified health and well-being company, whose innovation-led products ease and improve the quality of lives every day.

    To succeed in this role, you should have the following skills and experience

    • Bachelor’s degree in HR/Business or other relevant discipline
    • 3+ years of experience in benefits administration for both health and welfare and 401(k) plans
    • Data management/financial analysis experience a must
    • Experience with HRIS, Benefits Administration, Payroll systems and processes
    • Hands on, high accuracy, attention to detail, analytical and numerical skills
    • Effective time management to complete operational tasks; strong problem solving and technical skills
    • Ability to work independently on day-to-day administration activities with support from the Sr. Benefits Specialist as needed.
    • Strong organizational skills with ability to prioritize and manage to deadlines
    • Advanced Excel skills and effective writing skills
    • Team player and ability to foster/nurture relationships
    • Experience with ADP Global View, Prudential and Businessolver a plus, but not required

    Why should you join Philips?

    Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.

    To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog. Once there, you can also learn about our recruitment process, or find answers to some of the frequently asked questions.

    It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.

    As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.

    Equal Employment and Opportunity Employer/Disabled/Veteran


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