Benefits Specialist

The Woodlands, Texas
29 Oct 2016
24 Dec 2016
Oil and Gas
Contract Type
Full Time
Job Overview:

With minimal supervision handles all inquiries regarding retirement benefits including 401(k), Pension and ESPP. Ensures that employees receive accurate benefit information on their question/concerns and follows up with providers, if needed.

Key Responsibilities/Accountabilities:
  • Works on employee pension plans and 401(k) plans
  • Works on employee stock purchase program
  • Calculates any corrections for these benefits, if applicable
  • Able to explain the various retirement benefits to employees
  • Presents ideas for additional efficiencies to Benefit Manager
  • Addresses employee inquiries and concerns regarding their retirement benefits
  • Acts as liaison between an employee and providers as necessary
  • Assists HR regarding retirement benefits for new employees
  • Stays up-to-date on state and federal regulations concerning retirement benefits
  • Handles the death process for the retirement benefits in partnership with other colleagues
Basic Qualifications:
  • Bachelor's degree is desired
  • Minimum of two years' experience working with 401(k) plans
  • Work experience in HR or benefits preferred
  • Must have at minimum Intermediate level knowledge of Microsoft Excel; V lookup, manage simple formulas, tables
  • Demonstrates broad knowledge of the variety and structure of retirement plans, from pensions to 401(k)'s as well as ESPP
  • Possesses knowledge of the laws surrounding retirement benefits
  • Is able to translate legal retirement jargon into layman's terms for clarification purposes
  • Is capable of reading, interpreting, and explaining Plan documents
  • Exhibits solid organizational skills and is able to communicate clearly and effectively
  • Exhibits ability to maintain relationships with vendors
Company Overview:

CB&I (NYSE: CBI) is a leading provider of technology and infrastructure for the energy industry. With over 125 years of experience and the expertise of more than 40,000 employees, CB&I provides reliable solutions to our customers around the world while maintaining a relentless focus on safety and an uncompromising standard of quality.

Our complete, balanced and integrated business model is unmatched in the industry. CB&I can provide any or all of the major services and products our customers require, resulting in streamlined project delivery and better cost and schedule certainty. Our integrated model gives CB&I the industry's most complete supply chain solution, enabling us to serve the largest projects in the world.