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Benefits Specialist I

Salary
$41.4K–$62K
Hiring from
United States
Work type
Hybrid
Posted

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Work Model: You’ll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday–Thursday), with flexibility to work remotely up to 2 days, including Friday.

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A key influencer of Regal Rexnord’s short and long-term business success depends on the ability to have the right talent, in the right roles at the right time to drive the enterprise strategy.


This role is responsible for providing support in the administration of our Health and Welfare benefits. The role will be hybrid, working onsite out of our South Beloit, IL location at least 3 days per week (Monday – Thursday), with flexibility to work remotely up to 2 days, including Friday.


Reporting to the Health and Welfare Benefits Manager, the Benefits Specialist will serve as a key partner and support to our Total Rewards team. This role is responsible for supporting the administration of our U.S. health and welfare benefits and will assist with our global benefit plans as needed. They will have the opportunity to learn about health plans while providing the support needed to ensure accurate plan materials, administration and reporting as well as partner with HR Business Partners and team members on questions and issues.

Key Responsibilities

  • Respond to Human Resource Business Partners, team members, beneficiaries and vendor partners regarding health and welfare plan inquires/matters
  • Conduct new hire benefits orientation sessions
  • Manage monthly vendor invoices and coordinate payments for Health and Welfare plans
  • Provide support for the ongoing administration of Regal Rexnord’s benefits administration platform and Human Capital Management (HCM) system
  • Oversee payroll-related benefits administration including approval of Payroll Authorization Forms (PAF) and prior service credit administration
  • Benefit program administration including wellness, leave of absences (LOA) and discount programs
  • Maintain benefit plan materials on the HR SharePoint site and benefits administration platform
  • Assist with the annual Open Enrollment process
  • Act as a vendor liaison and help to maintain strong vendor partnerships
  • Manage the administration of Qualified Medical Child Support Orders (QMCSOs), employment verification requests and relocation assistance

Desired Skills & Qualifications

  • Bachelor’s degree or equivalent experience in HR, Finance or similar field
  • 1+ years HR or benefits experience
  • Strong analytical and problem-solving abilities
  • Excellent communication skills with focused attention to detail and the ability to analyze, organize, and effectively communicate both in writing and verbally
  • Proven ability to be hands on, roll up sleeves and demonstrate resourcefulness, initiative and results-orientation. Has a mindset of continuous improvement and can embrace Regal Rexnord’s 80/20 principles
  • Ability to develop and foster strong partnerships

Expected Base Salary Range: $41,400- $62,000


The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors.


Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization

Benefits

  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance


About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.


The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.


Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.


Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.


Equal Employment Opportunity Posters


Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.

About Us

At Regal Rexnord, our business purpose is to create a better tomorrow with sustainable solutions that power, transmit and control motion.

Our Values

Our values frame our culture - a shared understanding of how we think and act relative to our key stakeholders. We center our behaviors, actions and decisions around the following values:

  • Integrity
  • Responsibility
  • Diversity, Engagement & Inclusion
  • Customer Success
  • Innovation with Purpose
  • Continuous Improvement
  • Performance
  • Passion to Win

….with a Sense of Urgency

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