Benefits Administrator

Date: Aug 28, 2024

Req ID: 3582

Location:

Somerset, NJ, US, 08873

Company: Terumo Americas Holding, Inc.

Department: TAH Benefits

Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world-class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $6+ billion in sales, 30,000+ employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.

We believe that the future is bright for everyone at Terumo. We work with the future in mind to generate lasting change, create a bigger impact and produce greater outcomes for today, and for decades to come.

At Terumo we believe in the power of personal growth and will encourage you to get in the driver's seat - progressing in the direction you want to go by deepening your skills throughout your career. We want you to be bold, think outside the box, experiment, innovate and deliver what's next for quality healthcare. You will be part of a collaborative, respectful and resilient team of associates and leaders around the world, working together as partners to achieve more than you thought possible, providing real-world, impactful solutions for patients.

Join us and help shape wherever we go next!

Advancing healthcare with heart

Job Summary

Provides administrative support to the Benefits function for Health and Welfare Plans and Retirement Plans with responsibility for Corporate compliance of the Terumo Americas Holding, Inc. benefit and retirement programs, and provides assistance to all TAH subsidiaries including those in the US, Canada and Puerto Rico.

Job Details/Responsibilities

• Provides administrative support in all areas of the health and welfare plans, including but not limited to Medical, Prescription, Dental, Vision, Life, Disability, Employee Assistance Program, and a variety of voluntary programs.

• Supports all areas of the defined benefit plan including daily administration, annual audit, maintaining census data base, enrollment process, etc.

• Provides administrative support for the 401k plan.

• Assists in all aspects of the Open Enrollment process and on-line benefit portal administration.

• Provides support and assistance to all TAH subsidiaries for benefit related topics.

• Maintains accurate data within various plan recordkeeping systems for 401(k) plan and pension plans.

• Prepares and reconciles all benefit plan premiums to ensure accurate payment of benefit costs and chargebacks to subsidiaries.

• Assists with annual external audits.

• Assists with Wellness initiatives and programs.

• Performs other job duties as required.

Knowledge, Skills and Abilities (KSA)

• Ability to deal effectively with external vendors and carriers.

• Excellent Interpersonal, written and verbal communication skills.

• Ability to work independently, be proactive and to solve complex problems quickly and efficiently.

• Ability to work in a fast-paced environment.

• Good Organizational skills and the ability to work effectively as part of a team in a busy customer – driven environment.

• Must be proficient in Microsoft Word, Excel, PowerPoint and Outlook

• Experience with benefit administration and payroll systems, Benefitfocus and ADP preferred.

Qualifications/ Background Experiences

• Bachelor’s degree required, with a minimum of 2 years of experience in a benefits support role or equivalent combination of experience, education and training.

It is Terumo’s policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As a Company, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment.

Nearest Major Market: New Jersey