Senior Benefits Specialist - Onsite
About the role
At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive—and that’s why we invest in your growth, wellbeing, and ability to make an impact. Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions, and recognizing great performance.
The Senior Benefits Specialist is responsible for the administration, communication, and compliance of employee benefits programs, including health and welfare plans, and wellness initiatives. This role serves as a subject matter expert and strategic partner, ensuring that benefit offerings are competitive, cost-effective, and aligned with organizational goals.
Responsibilities
- Administer and manage employee benefits programs (medical, dental, vision, life, disability, FSA/HSA, etc.)
- Serve as the primary point of contact for benefits-related inquiries from employees, vendors, and internal stakeholders
- Assist with annual open enrollment processes, including system testing, employee communications, and employee enrollment
- Ensure compliance with federal, state, and local regulations (e.g., ERISA, HIPAA, ACA, COBRA, FMLA)
- Benefit reporting to analyze data, monthly billing reconciliations, and verify accuracy of enrollment data with outside vendors
- Partner with payroll and HRIS teams to ensure accurate benefits deductions and data integrity
- Support audits, filings, and reporting requirements (e.g., 5500s, ACA reporting)
- Assist in the development and delivery of employee education and wellness programs
Qualifications and Education Requirements
- Bachelor’s degree in related field is preferred
- 5+ years’ experience with administration of benefit programs
- Strong knowledge of benefits laws and regulations
Skills, Abilities, and Knowledge
- Strong interpersonal, verbal and written communication skills with ability to communicate to various levels of employees and management
- Solid analytical capabilities, decision-making skills and ability to exercise appropriate judgement
- Strong organization skills; ability to effectively prioritize workflow from multiple sources
- Ability to collaborate effectively with team and other departments as needed
- Ability to multi-task, work with a sense of urgency and flex to the work style of others
- High learning agility; strong initiative; self-starter with a positive attitude
- Strong sense of integrity and ability to effectively manage and maintain confidentiality of information
- Self-directed; accountable
- Solid financial acumen; skills in MS Word and Excel required; proficiency with PowerPoint preferred
- Experience with benefit administration platforms; working knowledge of Workday preferred
Benefits
- Medical, dental, and vision insurance
- Health Savings Account with employer contribution
- 401(k) Retirement plan with employer match
- Paid Maternity Leave / Parental Bonding Leave / Caregiver Leave
- Adoption Assistance
- Tuition & Certification reimbursement
- Employee Mortgage Loan Program
- The Newrez Employee Emergency and Disaster Fund
Why Newrez
We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.
Newrez NOW
- Company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
- Matching Gifts Program – dollar-for-dollar up to $1,000
- Access to grants, nonprofit resources, and volunteer opportunities
- More than $6,000,000 donated since 2020
- 1 in 5 employees participates in at least one Employee Resource Group (ERG)