Benefits Partner (Financial and Well-Being) - REMOTE

Join the people helping people.

PSCU/Co-op Solutions is now Velera ! PSCU and Co-op Solutions became a single entity on January 2, 2024, and our new company name was announced on May 7, 2024. Our new brand represents our combined company’s shared mission and unique ability to drive velocity and positive momentum for credit union success in a new era of financial services.

For people drawn to serving others through their work, Velera is a place to thrive, as we serve our credit union members best by taking care of each other first.

If you want to help shape an industry, challenge yourself, and invest in your own future, this is the place for you. Velera is a highly accessible environment where you’re empowered to think on your feet, work from your heart, and discover the very best version of your professional and personal self. “Our Momentum. Your Moment.”

This application is the first step in seizing your moment.

The Benefits Partner - Financial and Well-being position adds value to Velera through the analysis, administration, and communication of all employee Financial and wellness programs. The Benefits Partner-Financial and Well-Being will support 401(k) retirement plans, nonqualified deferred compensation plans, paid time off plans, leaves, wellness programs, executive benefits, and tuition reimbursement, and consult employees on benefits help tickets.

Role Responsibilities

• Perform program administration for all employee health and welfare benefit plans and retirement plans at Velera including the 401(k) and Deferred Compensation programs.
• Process enrollments, changes, and terminations for benefit programs using electronic systems and manual processes.
• Maintain employee financial and wellness information in the HRIS system to ensure accurate data records are collected and maintained. Perform biweekly data audits to review for errors to ensure accurate data is collected for financial benefits.
• Assists the Financial and Wellbeing Manager and others on the Annual Benefit Renewal and Enrollment process with 401(k), deferred compensation and wellness programs, and general support of the benefits teams annual enrollment.
• Support benefit compliance items including 5500 process and filing, plan document administration, and policies.
• Produce benefit and well-being reports for management on a regular basis, utilizing Excel, Word, and other tools.
• Assist employees with a wide variety of escalated benefits inquiries; Consults with internal and external parties as necessary to devise a solution to resolve the issues.
• Oversee the administrative processes for Tuition and Executive Wellness reimbursements to ensure they are handled in an efficient, timely manner.
• May create education or communications materials and present to small groups on financial, wellness, and deferred compensation enrollment.
• Support annual processes and partnerships with vendors and brokers.
• Will maintain and update financial and well-being-related information and policies on the company intranet and the external benefit site.
• Keep abreast of financial, PTO, leave, and well-being programs and practices; by staying current with changes through training and professional business periodicals and journals as well as technical procedures and governmental regulations.
• Assist the Benefits and Wellbeing Team in managing a variety of benefit, wellbeing, and leave of absence programs and policies as requested including wellbeing program administration.
• Assists Finance with the benefits and payroll reconciliation in the Finance general ledger as needed and initiated by Finance.
• Perform other duties as assigned.

Role Requirements

• Bachelor’s degree preferred.
• Five (5) years experience in benefits or seven (7) years of total HR experience required.
• Three (3) years experience in 401(k) retirement plan administration, leaves, and wellness programs required.
• Workday experience preferred.

Knowledge, Skills, & Abilities

• Demonstrate behaviors based on Velera values: Excellence, Innovation, Leadership, Passion, Trust, and Diversity, Equity, & Inclusion
• Proficiency in Word and Excel, reporting, and auditing
• Ability to communicate effectively in both verbal and written formats and give presentations utilizing various audiovisual support aids
• Ability to manage multiple projects, work in a fast-paced environment, and meet deadlines
• Demonstrated organizational skills, ability to exercise initiative, display detail orientation, and focus on complex and repetitive tasks
• Ability to exercise discretion and independent judgment in making decisions and interact effectively and positively with all levels of personnel, visitors, and vendors
• Proficiency in word processing and spreadsheet computer software applications
• Ability to maintain confidentiality of materials handled

Pay Equity

Velera is committed to pay equity and a competitive benefits package. The hiring amount for this position based on relevant experience and internal equity; the pay range is:

$56,600.00

to

$75,000.00

In addition this position is eligible for an incentive plan, based on performance.

Benefits

At Velera, everything we do recognizes the fact that our employees are our most important asset. That’s why we are committed to a work/life integration that goes above and beyond to ensure that you have quality time at home with your family and/or to pursue outside interests and aspirations. We back this up with generous PTO, the opportunity to work remotely, flexible scheduling, and a management team that understands how to adjust when the unexpected curveballs of life happen.

Check out the comprehensive benefits Velera has to offer that further solidifies our reputation as a company that just “gets it” when it comes to balancing life’s planned and unplanned events while equipping you with all the tools for growth.

Velera offers:

• Beautiful, state-of-the-art campus

• Endless opportunities for advancement

• Competitive wages

• Generous paid time offand paid holidays

Our benefits package includes:

• Medicalwith telemedicine, no-cost diabetes supply program, and expert medical opinion services

• Dental and Vision

• Basic and Optional Life Insurance

• Company Paid DisabilityInsurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions

• Flexible Spending Accounts (FSA)

• Supplemental Insurance

• Legal Plan

• Pet Insurance

• Adoption Assistance Plan

• Mental Health and Well-being: Employee Assistance Program (EAP)

• Mental health and Well-being: Virtual mental health support and resources

• Tuition Reimbursement

• Wellness program

• Back-up child care program

• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions.

Velera is committed to health and safety of all who enter our workplace. If this position requires you to report onsite at a Velera location, employee attentiveness and cooperation with Velera Employee Safety Workplace Protocols is critical.

Please Note: For roles with certain levels of travel and/or company car usage, Velera will require a completed Motor Vehicle Record Check, valid driver's license, and proof of insurance at time of hire and annually.

All applications are reviewed by an AIRS Certified Diversity and Inclusion Recruiter. Learn more about our commitment to Diversity, Equity, and Inclusion

(English and Spanish).