Sr. Benefits Specialist

Sr. Benefits Specialist

Location: Bellevue, WA, US, 98004

Company: PACCAR

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR designs and manufactures advanced powertrains and also provides customized financial services, information technology and truck parts related to its principal business. Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services you can develop the career you desire with PACCAR.

PACCAR provides excellent benefits to our employees and their families. Our collaborative Corporate Benefits Team works together with HR professionals across the U.S. to ensure our programs are expertly administered and that our plan participants get maximum value. Our Benefits Team works jointly on projects throughout the year and each individual has areas of focus. We are looking for a Benefits Specialist to assist with the administration of our retirement programs and provide support on our other benefits programs. The Benefits Specialist will also serve as a lead in vendor-partner relationships and special projects.

Job Functions / Responsibilities

• Serve as subject matter expert and administrator for PACCAR's U.S. 401(k) plan; ensure plan is operated according to plan rules
• Prepare retirement plan pension estimates, calculations and election packets for employees transitioning to retirement
• Administer life insurance program
• Complete data analytics to calculate cost impact of demographic and/or program changes, support benefit plan performance evaluation and impact of new legislation change
• Facilitate vendor management activities
• Lead and staff special projects ranging from vendor selection to legislation implementation
• Assist HR professionals and respond to employee questions, resolve escalated benefit issues and accurately administer plans
• Coordinate summary plan description updates, and other plan communications as required

Qualifications/Skills

• Strong analytical and problem-solving skills, with attention to detail
• 2+ years of benefits administration, human resources or accounting experience
• Self-motivated and ability to work both independently and in a team-oriented environment
• Excellent project management skills with ability to multi-task, as well as work in an organized and efficient manner
• Intermediate-level skill with Microsoft Office tools (Word, Excel, Power Point)
• Ability to maintain current understanding of legal and regulatory compliance requirements relative to benefit plan compliance

Education

Bachelor's degree in Business Administration, Finance, Human Resources, or related field required. CEBS, CBP, PHR preferred

Paccar Benefits

As a U.S. PACCAR employee, you have a full range of benefit options including:

• Competitive salary and 401k with up to a 5% company match
• Fully funded pension plan that provides monthly benefits after retirement
• Comprehensive paid time off Minimum of 10 paid vacation days, 12 paid holidays, and sick leave
• Tuition reimbursement for continued education
• Medical, dental, and vision plans for you and your family
• Flexible spending accounts (FSA) and health savings account (HSA)
• Paid short-and long-term disability program
• Life and accidental death and dismemberment insurance
• EAP services including wellness plans, estate planning, financial counseling and more

Global Fortune 500 company with a wide array of growth and development opportunities

Work alongside experienced goal-oriented colleagues recognized as experts in their field

The salary range for the Sr. Benefits Specialist is $70,500 - $105,800 annually. Additionally, this role is eligible for a full range of benefit options listed above.