Associate, Benefits Administration

August 19, 2024

ING

New York

FULL TIME

Wholesale Banking | Human Resources | Benefits Associate, Americas | NYC

About ING:

Ranked #8 on Linked In Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

The Benefits Associate is responsible for the administration and day to day operation of US employee benefits, including health & welfare, 401(k) savings plan, pension plan, and a broad array of voluntary benefits.

Responsibilities:

Research, recommend, plan, initiate, and implement improvements to employee benefit plans. Implement new benefit plans and negotiate contract changes to existing plans.
Conduct vendor searches and due diligence investigations. Implement new vendors and/or plans as warranted.
Partner with brokers to continuously assess market competitiveness of benefits offering.
Review benefit compliance developments. Take necessary actions to maintain compliance.
Plan and manage annual open enrollment process.
Administer leave programs (FMLA, Disability, parental, etc.)
Manage retiree medical plan.
Oversee timely delivery of eligibility files to benefits vendors.
Process required employee benefits-related notices (SARs, AFNs, etc.)
Compile, process, and submit data for annual audits and government filings (401k, Pension and Health & Welfare Plans, PCORI filing, PBGC filing, NDT testing, pension & OPEB valuations, form 5500, 11k)
Organize employee Health Fairs, webinars, and other events.
Oversee other benefit related projects and issues as needed.

Qualifications and Competencies

5+ years of experience in Human Resources, primarily in Benefits-related roles
Knowledge of common employee benefits offerings (health & welfare, retirement), leave types (FMLA, STD, LTD) and regulatory compliance requirements.
Demonstrated ability to analyze and interpret data and use conclusions to craft recommendations.
Conveys information clearly, concisely, and professionally when speaking, writing, facilitating, and presenting.
Focus on continuous improvement, process efficiency, and user experience.
Builds partnerships and works collaboratively with others to meet shared objectives.
Anticipates and balances the needs of multiple stakeholders. Comfortable respectfully challenging differing points of view.
Plans and prioritizes work to meet commitments aligned with organizational goals.

Salary Range $110,000-$140,000

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with working from home, commuting, and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.

We regret to inform you that this job opportunity is no longer available