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Apply for Job Job ID361545 LocationTwin Cities Job FamilyHuman Resources Full/Part TimeFull-Time Regular/TemporaryRegular Job Code9351BN Employee ClassAcad Prof and Admin Add to Favorite Jobs Email this Job About the Job Oversees the compliance and contracting processes for the University's health and retirement programs. Provides compliance oversight and education with respect to benefit plan documents, federal, state, and local retirement and health and welfare benefits law. Performs retirement and health and welfare compliance reviews for the University's plans, helps address a variety of ad hoc compliance questions, stays current with new legislation and leads implementation of new regulatory requirements. Leads the vendor contracting process for Total Rewards, and oversees the benefit plan audit process. KEY RESPONSIBILITIES Works with internal partners to complete vendor contracting process. Coordinates with the Office of General Counsel (OGC) to ensure contracts meet the University's legal requirements. Provides vendor management of audit vendor. Develops benefits audit schedule and communicates it to staff. Works with the external benefit audit vendor to conduct vendor audits. Coordinates with University vendor manager to schedule audit and review findings. Works with internal and external legal counsel to update plan documents as needed. Coordinates with vendor manager. Provides vendor management of COBRA vendor. Works with COBRA vendor to define working relationship, makes sure appropriate systems are established, guarantees the University's objectives are met, and ensures that monitoring and reporting processes are in place. Conducts annual compliance processes such as non-discrimination testing. Leads the records retention process for the Total Rewards team. Ensures retention schedule is followed. Establishes a schedule for compliance reviews and conducts the compliance reviews. Helps review and respond to ad hoc requests for compliance assistance as needed. Maintains a working knowledge of federal benefits in support of Extension employees and Benefits Administration. Ensures compliance with company policies and controls, and with the laws, regulations and rules issued or enforced by state and Federal regulatory authorities on the subject of program administration, reporting, disclosure and filing requirements. Oversees the preparation and submission of required filings; assists with the preparation, review and distribution of plan notices. Ensures program policies, procedures, and provisions are documented, effective and followed. Recommend changes to reduce incidence of error. Ensures consistent application of provisions and compliance with applicable laws and regulations. Escalates issues to management team as needed to assure prompt and accurate resolution. Identifies root cause of issues and leads issue resolution efforts. Performs additional responsibilities or special projects as assigned. Qualifications Bachelor's degree in human resources or a related Six or more years of professional benefits experience administering the compliance of health and welfare and retirement plans. Proven ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions. Proficient in reading, analyzing and interpreting insurance policies, plan documents, state statutes and federal regulations. Ability to summarize these types of documents into easily understood documents. Demonstrated ability to effectively present information and respond to questions from groups of managers and employees, and on a one-on-one basis. Ability to lead the total rewards vendor contracting process while partnering with the vendor manager, purchasing and office of general counsel. Ability to interpret an extensive variety of technical materials such as state statutes, federal regulations, insurance policies, etc.. Ability to learn and understand the fundamentals of employer-provided group ealth, retirement plans and fringe benefit programs. Effective time management skills including the ability to prioritize and organize workload. Ability to work effectively on a team and independently under general supervision. Strong relationship builder and partner. Must be proficient using the Microsoft Windows platform and the following standard software programs: Word, Excel, and PowerPoint. Benefits Working at the University At the University of Minnesota, you'll find a flexible work environment and supportive colleagues who are interested in lifelong learning. We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work. The University also offers a comprehensive benefits package that includes: Competitive wages, paid holidays, and generous time off Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program Low-cost medical, dental, and pharmacy plans Healthcare and dependent care flexible spending accounts University HSA contributions Disability and employer-paid life insurance Employee wellbeing program Excellent retirement plans with employer contribution Public Service Loan Forgiveness (PSLF) opportunity Financial counseling services Employee Assistance Program with eight sessions of counseling at no cost Employee Transit Pass with free or reduced rates in the Twin Cities metro area Please visit the Office of Human Resources website for more information regarding benefits. How To Apply Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will be given the opportunity to complete an online application for the position and attach a cover letter and resume. Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section. To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-8647. Diversity Employment Requirements Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment. About the U of M The University of Minnesota, Twin Cities (UMTC) The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations. At the University of Minnesota, we are proud to be recognized by the Star... For full info follow application link. The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds. The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu.