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Management Insurance

Location:
Hicksville, NY, 11801
Posted:
April 21, 2010

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Resume:

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).



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