Job Abstract

ID

2024-3680

Category

Human Resources

Type

Regular Full-Time

Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.

Job Summary

The Benefits Specialist is responsible for assisting the Benefits Team with daily duties related to the company benefit programs. Administers the company’s multi-state leave of absence (LOA), short-term and long-term disability plan applications, and responding to general benefit questions. Provides assistance in Benefits administration as needed including, but not limited to, health and welfare programs, wellness program, and 401(k). Assist in the new hire and termination processes when necessary. Is responsible to perform all job duties in compliance with all applicable federal and state laws.

• Day to day contact for all benefits questions, including 401(k). First point of contact for HR team related to Benefits. Researches, interprets, responds to and resolves inquiries from employees with Benefits questions and issues regarding benefits policies and procedures.
• Performs all duties related to the Leave of Absence (LOA) process and administration. Provides employee with all necessary LOA paperwork, submits claims for Employer portion of State Disability, Short Term Disability and Long Term Disability, and ensures the HRIS & leave management systems are maintained for accurate reporting of leave start/end dates. Serves as liaison with HR, Payroll, employee’s Manager/Supervisor, and employee to assist in the return to work process.
• Responds to internal company and team member requests for information or status regarding benefits, Short-term Disability and Long-term Disability benefits.
• Processes benefit payments in regards to LOAs. Responds to inquiries from insurance carriers and other benefit partners.
• Works with Benefits Team on various wellness program projects, including coordinating communications campaigns, employee mailings and working with outside vendors as appropriate.
• Processes verification of benefits requests (i.e. court orders, employee requests, medical support orders, subpoenas, etc.).
• Processes invoices from benefits carriers and sends to the VP, Benefits Manager for approval.
• Assist with any annual audits, filings, or testing of the benefits programs.
• Manages benefits page on company portal as directed by VP, Benefits Manager.
• Provides new hires with benefits information and follow up to ensure timely enrollment.
• Provide benefit termination information to separated leave of absence employees.
• Maintains employee files. Assists with gathering data as required for audits, federal and state filing, etc.
• Complete all filings for CMS and DOL including providing company employment census data.
• Perform other duties as assigned.

Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process please contact Talent Acquisition Partner.

• Demonstrates knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs, including the ACA, ERISA, COBRA, FMLA, ADA, Section 125, workers' compensation, Medicare, OBRA, and Social Security and DOL requirements.
• Effective communication skills, oral & written; strong organization skills. Works well under tight deadlines.
• Working knowledge of HRIS systems.
• Experience in Word, Excel.
• Ability to multi-task with strong prioritization skills.
• Minimum of 5 years of benefits and leave of absence experience
• Experience with UKG and Benefits Administration
• Experience with AbsenceSoft
• Bachelor’s Degree from a four-year college or university, preferably in Human Resources or related field
• CBP or CEBS certification

Salary Range: $65,000.00- 85,000.00 USD; Final salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with geographic/market data.