Benefits Specialist

Company Information

PACCAR is a Fortune 500 company established in 1905 and is recognized globally for its premium commercial vehicles, financial services, technology, and customer support through respected brands including Kenworth, Peterbilt, and DAF. At PACCAR, employees help shape the future of transportation while building meaningful careers in a collaborative, values-driven environment. Whether your expertise is in operations, engineering, technology, manufacturing, or corporate functions, PACCAR offers the opportunity to grow, contribute, and make an impact with an industry leader.

Requisition Summary

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 Beneifts Specialist to assist with the administration of our U.S. disability plan 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

• Program manager for U.S. disability plan
  • Monitor, evaluate and project plans’ financial performance
  • Manage program vendor including performance against KPIs and resolution of service issues
  • Evaluate, project financial impact and negotiate annual contract renewal including fees, KPIs and associated fees at risk
  • Analyze current trends, recommend and project financial impact of plan design changes
  • Support HR Representatives and employee through the transition of STD claims to LTD, as needed
  • Negotiate and maintain current contracts
  • Ensure ongoing plan compliance including analysis and implementation of legislative changes and issuance of Summary Plan Descriptions, Summary Material Modifications and accuracy of annual Form 5500 (for 4 separate business units)
  • Ensure all DOL deadlines are met to protect the tax-protected status of the plans
  • Maintain and audit authorized PACCAR user system access as appropriate
• Benchmarking, design and cost projection of leave programs
• Manage Corporate Benefits email box; research and respond to questions from HR representatives and employees
• Complete annual ACA reporting
• Review and approval of qualifying event benefits changes – follow established rules and procedures; research prior determinations to ensure compliant and consistent administration of plan