Monika Luthra
*** ******** ****** **********, ** 11801 * Phone 917-***-**** * Email:
********@*****.***
PROFILE
Employee benefits professional with 8+ years of extensive and
diversified experience in a variety of industries. Experience
includes management of health, welfare and retirement plans for global
and national companies. Self motivated individual with great
interpersonal and problem solving skills. Able to work independently
and in a team environment.
PROFESSIONAL EXPERIENCE
Arrow Electronics, Inc. - Melville, NY
10/2007 to Present
Fortune 200 global provider of products, services and solutions to
industrial/commercial users of electronic components and computer products.
Benefits Analyst (6,000 employees)
1. Responsible for supporting day-to-day administration for health and
welfare (H&W) and retirement Plans for North American employees and
retirees.
2. Manage 401(k) reconciliations, daily wire payments for self-insured
medical plans, and monthly invoices for fully insured plans.
3. Provide claim analysis for self-insured medical plans to finance and
employee census for planning and budgeting of health care expenses to
benefits consultants.
4. Manage the executive life insurance plan such as determining
eligibility, annual coverage updates to insured and coordination with
external consultant.
5. Coordinate and manage annual events including open enrollment, Form
5500 filing, 401(k) nondiscrimination testing, Summary Plan Document
and Summary Annual Reporting distribution and 10K filing.
6. Team with departmental leadership to develop and implement H&W benefit
plan strategies including cost management, employee communications,
and administrative efficiencies.
7. Participate in annual H&W financial, plan utilization and renewal
process.
8. Support vendor implementations to ensure successful plan set up and
administration for H&W (Delta Dental to Aetna) and retirement plans
(Fidelity to Vanguard).
9. Collect and provide data for internal and external audits of benefit
plans.
10. Conduct employee new hire orientations and annual enrollment meetings.
11. Partner with payroll, HRIS, HR managers, and auditors to ensure
appropriate data management and resolve benefits related issues. Also
resolved escalated employee issues with the vendors.
12. Plan and coordinate health fairs, retirement meetings, and wellness
initiative meetings in various locations.
13. Train and educate HR call center on any benefits related compliance
updates and changes to the benefit programs.
American Home Mortgage - Melville, NY
05/2006 - 06/2007
National mortgage services provider
Sr. Benefits Administrator (600 employees)
14. Administered group insurance programs including medical, dental,
vision, FSA, Life, AD&D, STD, LTD and 401(k) plan.
15. Managed FMLA, state mandated leaves, and the Workers' Compensation
plan.
Developed and defined policies and procedures regarding corporate leaves of
absence and paid time off.
Partnered with internal clients and vendors to ensure an exceptional level
of service is provided to the organization.
Processed employee status and premium changes per the payroll processing
schedule. Collaborated with the Payroll and HRIS department to resolve
administrative matters.
Conducted employee new hire orientations and open enrollment meetings.
Maintained employee data in the Oracle HRIS system.
Sustained data integrity between ADP payroll and the HRIS systems by
conducting weekly audits.
Partnered with other functional units within HR (HRIS, employee relations,
compensation, and payroll) to collaborate on solutions to resolve issues.
Developed and implemented corporate seminars and special events to increase
employee awareness of company benefits. Hosted events such as health
fairs, brown bag lunch-and-learn sessions, flu shots, and blood drives.
Settled issues such as leave of absence, disability claims and company
policies with vendors that provide services (insurance, legal counsel,
auditors, and benefit consulting firms).
Capital One Bank (formerly North Fork Bancorp), - Melville, NY
06/2001 - 05/2006
Fortune 500 National Financial services provider
Benefits Analyst (3000 employees)
Managed approximately 700 FMLA, WC, LTD cases annually to ensure all cases
were in compliance at the federal, state and corporate level.
Direct contact for the policies, procedures and processes associated with
medical leave (FMLA/LOA/WC/LTD) and ancillary benefit plans to employees
and management.
Recommended and implemented improvements to North Fork's leave process and
policies.
Provided consultation to employee relations staff on issues pertaining to
leave cases.
Assisted with development and coordination of annual enrollment.
Ensured Summary Plan Descriptions compliance.
Processed life insurance claims.
Acted as a liaison to insurance companies to close open disability and
leave of absence claims.
Managed workers' compensation reporting and ergonomics program.
Updated HRIS (UltiPro and Cyborg) database and maintained leave files.
Developed and created monthly and weekly reports for management.
CB Richard Ellis (formerly Insignia Financial Group) -New York, NY
06/2000 - 06/2001
Global real estate commercial and residential management services
Benefits Specialist (2000 employees)
Served as internal benefits consultant to regional and international HR
managers.
Managed and developed relationship with vendors (Cigna, Fidelity, Ceridian,
etc.).
Reconciled plan assets for 401(k) and non-qualified plan to ensure
appropriate transfer of funds and banking procedures.
Monitored FMLA leave and salary continuation plan for employees.
Entered data and created PeopleSoft and Lawson reports relevant to employee
benefits.
Ensured compliance with HIPAA and ERISA by creating programs and conducting
audits
Assist with form 5500 filing.
Handled merger and acquisition related benefits issues.
Assisted with the development and coordination of open enrollment.
Conducted audits, surveys and managed RFP process.
Administered the billing reconciliation process.
PREVIOUS POSITIONS
02/1997 - 05/2000
Empire Insurance Group -Benefits Coordinator - Responsible for benefits
administration for health and welfare and retirement plans (DB and DC),
leave management and worker's compensation.
BP Oil - Field Manager - Recruited, trained and conducted assessments for
the staff, managed monthly operating budgets, conducted competitor's
surveys and managed inventory level and product mix.
EDUCATION:
BBA-Human Resources Management Baruch College New York
A.S -Fine Arts Queensboro College New York
Continuing Education towards CEBS Certification College of Insurance New
York
COMPUTER SKILLS:
Wide array of HRIS to include: Oracle, PeopleSoft, UltiPro, Lawson also
fluent with ADP Payroll and Microsoft Office (Word, Excel, Access, and
Powerpoint).