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Salem Five Cent Savings Bank

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Benefits Assistant (Finance)



Salem Five is a growing regional financial services organization with a rich history of over 160 years.  As an independent bank, we are deeply rooted in the communities we serve and offer our employees successful and rewarding careers.

This position requires the ability to work in the Salem, MA offices.

Salem Five has more than 30 retail banking branches throughout Essex, Middlesex, Norfolk and Suffolk counties, strong business banking capabilities, an Insurance division, a Wealth Management & Trust organization and a Mortgage Company that has provided homeownership to generations of families.

Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what we're all about. 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following; however other duties may be assigned based on business necessity.

  • Conducts first day orientation for new employees regarding company policies, procedures and benefits. Ensures completion of all necessary employment paperwork and other related duties. Responsible for compliance with immigration laws through proper documentation from new hires within specified time limitations, and monitoring compliance by out of state locations. 
  • Stays well-informed on Salem Five's benefits to advise employees.
  • May serve as a liaison between employees and benefit providers when necessary to resolve problems, answer questions, and provide additional information. Performs enrollment/changes/termination activities.
  • Serves as a resource for managers and employees with questions about FMLA and other leaves of absence regarding eligibility, STD, LTD, return to work, etc.
  • Maintains benefit information in electronic and hard copy personnel files.
  • Responsible for quarterly file retention.
  • Files all employee benefits information and other Human Resource records.
  • Responsible for completing due diligence on all new and existing Benefit Related Vendors.
  • Responsible for new hire Onboarding in UKGPro and ensure all documents are processed before new employee's first day of employment.
  • Responsible for entering new hire information into CaPlus
  • Responsible for entering new hire information into DNA prior to start of employment
  • Updates the Business Continuity Program employee records in support of the company's Risk Management function.
  • Assists with benefit administration and record keeping including reconciliations of monthly invoices and reporting for 401(k) Plan, Pension Plan, Medical, Dental and Vision Insurance, Life, Short Term and Long Term Disability Insurance, AD&D and Travel Accident Insurance, voluntary benefits plans, Flexible Spending Accounts, Health Savings Accounts and EAP for Salem Five and its subsidiaries.
  • Assists with the administration of COBRA, ACA, HIPAA, FMLA and Salem Five's compliance with these regulations.
  • Assists with all open enrollment activity including creation of yearly open enrollment sessions, monitoring and reporting.
  • Monitors all vendor carrier files and resolves any issues as needed.
  • Updates benefit information and approves life events in the HRIS system and in benefits provider systems (e.g. UKGPro) when necessary. May generate reports on HRIS for benefit reconciliation, surveys, and senior management.
  • Assists with Workers Compensation administration. Files and administers Workers' Comp claims with insurance carrier and state.  Communicates with employees and medical care providers when necessary.    
  • Actively participates in the organization of employee events including the Health & Benefits Fair, Company Outing, Service Recognition, and NSMC Cancer Walk.
  • Responsible for periodic I9 audits and organized I9 records
  • Responsible for monthly phone stipend audit.
  • Create department flyers and communications.
  • Update and maintain HR intranet site
  • Responsible for UAM notices in a timely manner for all permanent employees.
  • Responsible for the Point Guard access system by providing new employee access cards or addressing card issues.
  • Processes check requests, invoices and tracks HR expenses and prepares reports.
  • Ensures up-to-date recordkeeping for employees' external seminars/conferences (obtaining required approvals, registrations and payments). Responsible for employee tuition reimbursement in accordance with bank policy.
  • Ensures up to date recordkeeping for all Federal and State mandatory postings.
  • Is aware of employment benefits trends and regulatory issues through HR publications, participation in projects and surveys, vendor contacts, employer networks and continuing education.
  • Provides back-up coverage to the Executive area to answer telephones or provide support as requested.
  • Serves as back-up to the Human Resource Assistant function.
  • Undertakes any duties in a backup capacity deemed necessary by the Human Resources management in order to facilitate vacations/absences in the department.
  • Demonstrates commitment to Salem Five's core values.
  • Demonstrates compliance with banking laws and regulations as defined in company policies and procedures pertinent to position.
  • Demonstrates regular attendance which is essential to this position.
  • Assumes additional responsibilities as requested.

      Undertakes any duties in a backup capacity deemed necessary by the Human Resources management in order to facilitate vacations/absences in the department

      EDUCATION and/or EXPERIENCE
      Bachelor's degree (B. A.) from four-year college or university; or a minimum of five years of related experience and/or training; or equivalent combination of education and experience. Certification/advanced degree in benefits/comp administration preferred. Demonstrated strong level of expertise with Microsoft applications (excel, word, power point) as well as internet research capabilities. Ability to perform effectively in an environment where confidentiality, maturity, sound judgment, initiative, and professionalism are required.
       
      PHYSICAL DEMANDS
      The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
       
      While performing the duties of this job, the employee is regularly required to sit and talk or hear. Employee is required to travel locally on a regular basis to other organization offices, attend workshops as designated, and conduct presentations as a regular function of the position. The employee frequently is required to use hands to finger, handle, or feel and reach with hands and arms. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.
       

      Benefits/Incentives:  Health Insurance, Dental, Vision, Flexible Spending Account, Health Savings Account, 401k Matching, Tuition Reimbursement, Employee Referral Program, Summer Family Outing, Annual Holiday Reception and more

      Salary Range:            Competitive Base 

      Ready to apply? If this job sounds like a fit for you, then click on Apply/Apply Now in this posting. We look forward to talking with you. 


      Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
      This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. Human Resources

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