NewMarket Services

Benefits Specialist

Location US-VA-Richmond
Category
Human Resources

Overview

ABOUT US

NewMarket Corporation is the parent company of Afton Chemical Corporation and Ethyl Corporation. Afton Chemical is one of the largest global suppliers of lubricant additives and offers a broad line of fuel additives worldwide. 

 

Under limited direction, provide general administration for North America (US and Canada) employee health and welfare plans.  Responsibilities include benefit design, recommendations for change/modification, implementation strategies, communications and data and invoice administration. 

Responsibilities

  • Provide support and counsel on company sponsored health and welfare benefits programs to active employees and retirees. Provide benefits consultation to the contract negotiating team during union negotiations and answer questions from union officials regarding benefit parameters as necessary.
  • Administer Short-term and Long-term Leave program ensuring communication to appropriate parties, processing of claims and entry into HRIS system.
  • Interface with benefit providers as necessary to resolve complex and/or complicated issues.
  • Work with Benefits Service Advocate (currently WTW) to evaluate market trends, proposed changes in benefit programs and recommend desirable modifications to senior management.
  • Process monthly premium payments and direct bill for benefits.
  • Administer annual open-enrollment process including working with HRIS to set-up the open enrollment sessions, testing, training and communication to employees about the process and communicating changes or enhancements to the health and welfare benefits program. 
  • Develop effective programs of written materials to communicate benefit plans and conduct informational meetings as needed to explain benefits to hourly employees, salaried employees and retirees.
  • Monitor performance of third-party providers and assure that plans are in compliance with regulations of ERISA, IRS, Department of Labor and SEC. Includes annual required reporting, 5500s, ACA, FAS.
  • Work with HRIS team to ensure data integrity for vendor reporting and benefits statements.
  • Process death claims for life insurance program.
  • Serve as back-up for new hire orientations, double-check employee files and entry after HR Representative compiles and enters new-hire information. May serve as back-up on retirement benefits occasionally.
  • Provide support in other areas of HR as needed (e.g. special projects and vacation cover)

Qualifications

EDUCATION & EXPERIENCE MINIMUMS:

  • BS degree in Human Resources, Business Administration or related field
  • Demonstrated advanced knowledge and understanding of benefits plan design, theories and practices typically obtained by working in similar roles of increasing responsibility for 8 or more years.

 

EDUCATION & EXPERIENCE PREFERRED:

  • CBP preferred

 

For NewMarket, Afton or Ethyl employees, an appropriate combination of experiences that will support the required skill base may replace one or more of the specific experience requirements above.

 

 

          SKILLS/ABILITIES:

  • In-depth working knowledge of benefit plan design, theories and practices
  • Intermediate to Advanced Microsoft Office skills (Word, Excel, Powerpoint, etc..)
  • Demonstrate a broad working knowledge of the technical aspects of all benefits
  • Demonstrate understanding of and is able to effectively apply cost control practices and principles
  • Able to demonstrate sound technical and business judgment regarding benefit plans
  • Able to organize complex activities with regard to projects and people
  • Able to consistently demonstrate accuracy and effectiveness in judgment in the decision making process
  • Able to develop and maintain effective peer and organizational relationships
  • Able to demonstrate effective oral and written communication skills
  • Able to cope with stress and multiple work interruptions
  • Able to oversee multiple, detailed projects simultaneously
  • Able to travel as required

 

Working at NewMarket

Who We Are - We're a diverse, global family of individuals, who share a passion for developing innovative solutions. We build our professional relationships on respect, integrity and a commitment to safety and quality. Just as these values apply to our professional relationships, they also apply to the way feel about our neighbors and communities.

 

Our Work - At NewMarket, our innovative R&D programs lead to global growth. Our lubricant and fuel additives are among the most highly developed and widely used in the petroleum industry. Afton is a recognized and trusted supplier of driveline lubricant additives, engine oil additives, fuel additives and industrial lubricant additives.

 

Benefits / Compensation - We offer competitive compensation and benefit packages that reflect our commitment to our employees. Our employees are our most treasured asset and we have dedicated resources that allow us to reward our employees for their commitment on an ongoing basis - ensuring our compensation packages are competitive in the industry.

 

 

An Equal Employment Opportunity/Affirmative Action Employer.  All qualified applicants will receive consideration for employment without regard to the individual’s race, color, sex, sexual orientation, gender identity, national origin, religion, age, disability, genetic information, status as a military veteran or any other characteristic protected by applicable law.

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