Benefits Specialist

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over 2 years old

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About Kraken

As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing potential of crypto. Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide - our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption. But we’re only just getting started. We want to be pioneers in crypto and add value to the everyday lives of billions. Now is not the time to sit on the sidelines. Join us to bring crypto to the world.

We are seeking to hire a full-time Benefits Specialist. This position is responsible for administration of all benefits and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, COBRA, leaves of absence, HSA/FSA and 401(k) plan.

Responsibilities:

  • Administer and communicate benefits program including plan options, policy features, enrolment, and other requirements
  • Compile, analyze and process data for the 401(k) annual audit
  • Administer the implementation of the Benefits Administration System by reviewing data, carrier files and performing system testing
  • Review and audit benefit enrolments on all vendor invoices
  • Administer the ACA to ensure accuracy and compliance
  • Handle routine benefits, and leave of absence questions from employees, and be able to resolve complex and escalated benefit and leave issues
  • Ensure accuracy of all benefits enrolments in the benefit administration system to provide vendors with accurate eligibility information
  • Ensure employee benefits records compliant with all required laws, regulations and internal policies
  • Assist employees regarding benefits claim issues and plan changes
  • Process and administer leave-of-absence requests with leave administrator
  • Interpret FMLA and ADA implications as they relate to leaves of absences/disabilities
  • Respond to 401(k) inquiries from managers and employees relating to enrolments, plan changes and contribution amounts
  • Manage and maintain vendor relationships ensuring customer service levels are met
  • Assist with the open enrolment process
  • Participate in the launch of new or updated benefit programs

    • Requirements:

  • Bachelor’s degree in Business, Human Resources, or related field required
  • 3-5 years’ experience in Benefits and/or Workday highly desired
  • Experience working in a fast paced, high-growth company
  • Demonstrated knowledge of health and welfare plans, life and disability insurance plans, and retirement plans
  • Must be proficient in intermediate/advanced Excel
  • Working knowledge of statutory benefits requirements including COBRA, HIPAA, ERISA, and IRS rules
  • Ability to work with sensitive and confidential data with a demonstrated practice of maintaining employee confidentiality and HIPAA compliance requirements
  • Excellent verbal and written communication skills to collaborate, develop partnerships and encourage trust in employees, team members, leaders, and vendors
  • Strong organization skills, attention to detail and follow through to resolve any outstanding issues
  • Strong time management skills within a remote work environment
    • Location Tagging: #US

    We’re powered by people from around the world with their own unique and diverse experiences. We value all Krakenites and their talents, contributions, and perspectives, regardless of their background. 

    As an equal opportunity employer we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws. 

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