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Project Manager Human Resources

Location:
8820
Posted:
March 09, 2010

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Resume:

URVASHI SAIGAL

** ****** ****, ******, ** *****

Direct: 201-***-**** *************@*****.***

SUMMARY

Benefits Consultant with extensive experience in HR - Health and Welfare Benefits strategy, design and planning; Excellent

background in financial analysis, reporting, filing, audit, and compliance of total Benefits expenditure; Expertise in effective project

management, process improvements with superior communication and systems skills.

PROFESSIONAL EXPERIENCE

SUN CHEMICAL COPRORATION, Parsippany, NJ 11/08 -3/09

Benefits Consultant, Human Resources

Managed day-to-day benefit plan operations including project managing vendor selection and implementation.

Managed Benefits Administrator staff, goal setting, and performance reviews.

Prepared COBRA and FSA RFP documentation for distribution to prospective vendors.

Developed and executed administrative processes required to support delivery of 401(k) and H&W programs.

Supported the strategic development and implementation of best practice processes such as business transactions, plan changes

and implementations, and process improvements.

Managed leave administration and COBRA/ARRA program administration.

Maintained accurate plan information and materials on the Benefits enrollment portal.

Prepared financial data for management decision-making and report production.

Administered benefit plan compliance requirements and controls.

Monitored service delivery and identified opportunities for process improvements in adherence to performance guarantees.

Partnered with third party vendors to resolve employee issues.

Created monthly communication announcements for distribution on various benefits program highlights.

Conducted monthly training sessions with HR Field Representatives on new legislation effecting Benefit programs.

Worked with vendors to ensure correct account/plan structures and managed self-billing process.

SIEMENS COPRORATION, Iselin, NJ 11/06 – 10/08

Benefits Specialist, Human Resources

Developed and designed Health and Welfare (H&W) benefits programs and delivery strategy based on best- practices for the

following: Medical/Rx, dental, vision, life insurance, disability, Health Savings Account (HSA), and Flexible Spending Accounts

(FSA), for active/retiree population. Evaluated and benchmarked existing programs with competitors through analysis of survey

and trend data.

Maintained Contract Portfolio tracking for all H&W Contracts, Agreements (Business Associate, HIPAA, C&I, Performance

Guarantees). Interacted with Legal entities at third party providers whilst coordinating internal legal review of negotiated terms

resulting from RFP results. Ensured compliance of negotiated Performance Guarantees and monitor actual results per vendor

relationship. Prepared, with legal and management consultation, benefit documentation for original and amended Summary Plan

Description texts for Active and Retiree distribution.

Ensured regulatory and legal compliance of all H&W benefits programs encompassing the following: ERISA, COBRA, FMLA,

SECTION 125, Medicare Part D.

Measured and analyzed H&W actual benefit program results compared to budget. Forecasted 3 year strategy plan for Executive

Management review.

Consulted and provided training to managers on H&W benefits promoting consumerism and wellness initiatives.

Managed day-to-day vendor relationships, outsourcing partnerships, coordinated operations, and resolved appeals.

Developed H&W benefits applications or technologies, defining workforce administration views and interfaces to internal

systems and third parties; managed benefits data interfaces between internal systems and third parties (data warehouse, disease

management, FSA, HSA). Implemented new benefit program setup on payroll (HSA).

CA, INC., Islandia, NY 2/04 – 11/06

(Formerly Computer Associates International, Inc.)

Senior Benefits Analyst, Human Resources

Advised Management Team of Benefits policy and program matters. Recommended, resolved complex staff issues with Benefits

TPA’s, vendors, and providers. Provided guidance and training to internal customers on Benefits planning, strategy, and

benchmarking practices.

Audited, reconciled, and compiled financial data for purpose of reporting to the DOL. Completed Financial Statement for

Annual audit review of the Comprehensive Medical and Dental Plan and the Severance Plan. Managed the external audit

engagement for signoff of financial data for reporting on the Form 5500 filing. Restated prior year filings and reissued amended

Form 5500’s. Updated Summary Annual Reports for employee distribution.

Project Manager for the following: IBNR, FAS 112 and FAS 106 valuations. Submitted census data to contracted actuaries for

valuation of lag reserve, retiree medical, and post-employment benefit obligations for accrual setup on the general ledger.

Conducted Annual Claims Audit (Medical & Rx) via external consultant.

Project Manager for the HR Benefits Sarbanes Oxley 404 Audit of Internal Controls. Ensured compliance of internal and

external process as indicated by Audit review. Drafted HR Benefits Narrative; created Team Charter, and Team Process Binder

in compliance with SOX and Six Sigma methodology.

Reviewed company Benefit policies, plans, and procedures to ensure legal compliance to government, state, and federal

regulations. Participated in plan funding issues via Treasury. Participated in plan discrimination testing activities. Assisted with

expatriate and international Benefit programs. Established cost benefit analysis of pooling arrangements for International

Benefits.

Determined Fringe Benefit Rate for budgetary purposes for all domestic headcount.

Presented cost savings of $28M due to the implementation of the new programs to Senior Management.

Created Benefits conversion plan for acquired companies and special open enrollment (US and International). Generated due

diligence checklist for Benefits and Employment practices. Completed benefits comparison of CA benefits versus acquired

company for transition of employees.

MORTGAGEIT, INC., New York, NY 8/03 – 2/04

Accounting Manager – Compensation and Benefits, Accounting (Contract Position)

Developed Process Improvement Plan for Compensation and Benefits. Implemented strategies for total quality improvement

amongst the various domestic branches of MIT to reduce errors and cycle time. Constructed Team building mechanisms for the

HR function and Branch assignments. Analyzed and streamlined processes to reduce documentation and maintain high standard

of data integrity.

Conducted Audits of Payroll and Health and Welfare Providers. Journalized monthly entries and reconciled General Ledger

accounts related to Compensation and Benefits. Administer and Test GL/ADP interface. Maintained payroll applications,

systems tables, and data interfaces between internal systems and third parties administrators.

BECTON DICKINSON & COMPANY, Franklin Lakes, NJ 7/02 – 8/03

Senior Benefits Analyst, Corporate Controller (Contract Position)

Responsible for the accounting and analysis of U.S. company wide benefits and other related programs, including the following

areas: Medical/Dental/GTL, LTD, STD, AD&D, Lag Reserve, BD Welfare Benefit Trust, Retiree Medical and Life-FAS #106,

Pension- FAS #87, ESOP. Prepared the applicable benefit-related balance sheet account analysis for the above accounts.

Worked with HR to provide insight on ways to improve spending. Conducted analysis of participant population demographics

to project expenses.

Responsible for the employer fringe benefit accounts for the corporate area. Established budgeted benefit rates and monitored

levels of accruals via account analysis. Responsible for Pension (FAS 87), Retiree Medical and Life (FAS 106), and Severance

(FAS 112). Monitored assets of plan quarterly and informed management of issues. Provided support to both domestic and

international sites. Developed annual company-wide benefit rate.

MELLON HUMAN RESOURCES & INVESTOR SOLUTIONS, Fort Lee, NJ 1/00 – 7/02

(Formerly PricewaterhouseCoopers – UNIFI)

Senior Associate – Financial Specialist, Defined Contribution

Performed total Benefits outsourcing for Morgan Stanley and Becton Dickinson & Co for the strategy, design, and

administration of three 401(k) plans and one non-qualified plan with assets in excess of $2 billion spread across 25 mutual funds

and 1 stock fund. Programmed, coded, and manipulated mainframe software system to facilitate plan processing or

plan changes due to acquisitions, mergers, divestitures, and trust conversions. Managed the data implementation of a defined

benefit plan. Implemented two 401(k) plans, ESPP, and ESOP.

Prepared participant quarterly statements and allocated monthly and quarterly dividends to plan assets. Programmed edits on

data to ascertain any inconsistencies in daily valuation. Researched, analyzed and resolved participant inquiries including QDRO

and beneficiaries; troubleshot inaccuracies in data on the record-keeping system. Answered participant inquiries as related to

general plan rules and dividends via Service Center request.

PRIOR RELEVANT EXPERIENCE

ZURICH CENTRE GROUP, LLC, New York, NY 2/98 – 1/00

Analyst – Benefits, Treasury/Planning

SOREMA NORTH AMERICA REINSURANCE COMPANY, New York, NY 4/95 – 2/98

Claims Analyst – Claims Department

General Ledger/Accounts Payable Accountant – Accounting Department

EDUCATION

Executive Master of Science, Technology Management, Stevens Institute of Technology, Hoboken, NJ - 2003

Focus on Strategy, Project Management, Total Quality – Six Sigma Methodology, Business Development, Human Resources

Bachelor of Arts, Economics, Rutgers University, New Brunswick, NJ - 1997

Completed a Minor in Communications and an Option in Finance and Accounting

AWARDS

Excellence in Diversity, Siemens Affinity Group of Asians - 2008

TECHNICAL SKILLS

PeopleSoft 8, SAP R/3 (HR and Finance Modules), Microsoft Office Suite (Excel, Word, PowerPoint, Access), IBM AS400

Mainframe (COBOL), UNIX, SQL, ADP–PC Payroll for Windows, Lotus Notes, CORMIS 2



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