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Compensation and Benefits Administrator


Category

Human Resources

Position Type

Full-Time/Regular

Job Location

Silver Spring, MD

Tracking Code

966-948

Eagle Bancorp, Inc. headquartered in Bethesda, MD, was incorporated in 1997 to serve as the bank holding company for EagleBank. Eagle Bancorp is a publicly traded company under the symbol EGBN. EagleBank commenced banking operations on July 20, 1998, and currently operates 20 banking offices: six in Suburban, Maryland, five located in the District of Columbia; and nine in Northern Virginia. The Bank was founded to specifically address the business and personal needs of local business owners.  It has been answering and exceeding those needs for over 20 years, providing custom financial solutions, local access to senior management, quick response, local decision-making, and a deeply-rooted dedication to the local community. 

Our Mission is to be the most respected and profitable community bank by putting relationships first to the delight of our customers, employees, and shareholders, and relentlessly deliver the most compelling service and value. Eagle Bank’s Values are: Relationships F·I·R·S·T: Flexible, Involved, Responsive, Strong, and Trusted.

 GENERAL SUMMARY:

Responsible for managing the day to day administration of the Company’s group benefits programs to include health, dental, vision, life and disability.   In addition, works with business line managers to evaluate and benchmark new and existing positions within established salary grades.

MAJOR DUTIES AND RESPONSIBILITIES:

  • Serves as the primary contact for benefit related items surfaced by employees, plan vendors and third party administrators.
  • Assists in the management of the daily operations of EagleBank’s benefit programs (medical, dental, vision, short and long-term disability, life insurance, flexible spending accounts, worker’s comp, 401(k) and stock programs).
  • Processes benefits such as enrollments, terminations, COBRA, changes, beneficiaries, etc. and conducts benefit overview presentation for new hires.
  • Manages weekly self-funded claims reports for accuracy and reconciles with vendor as appropriate.
  • Manages all leaves of absence to include: FMLA, LOA, Short and Long-Term Disability and Worker’s Comp.
  • Ensures compliance with applicable government regulations, audits benefit plans and ensures timely and accurate required filings.
  • Assists manager with benefit renewal process, open enrollments; and researching industry trends for future benefit designs.
  • Partners with managers to develop job descriptions. Evaluates, assigns job grades and ensures job descriptions comply with FLSA guidelines. Makes salary/grade recommendations to HR Manager while maintaining internal equity.
  • Assists manager in completing benchmark analysis and updates the salary matrix.

 


Required Skills

  • Strong knowledge of federal and state regulations related to benefits and salary administration.
  • Ability to consistently apply applicable policies, procedures and regulations.
  • Good computer skills including MS Office, proficient with Excel.
  • Knowledge of performance management practices and procedures.
  • Knowledge regarding developing job descriptions.
  • Understanding of payroll process helpful.
  • Math/statistics knowledge.
  • Highly motivated, self-driven individual who can operate independently as well as under direct supervision and take accountability for the function.
  • Must have the ability to prioritize focus on the most impactful activities in order to meet deadlines while not losing sight of other tasks.
  • Exceptional ability to deal with sensitive, confidential and detailed material in a professional manner.
  • Expert attention to detail.
  • Exception work ethic and team player.
  • Strong analytical, critical thinking and problem solving skills.
  • Develop solutions to complex issues where answers and solutions are not readily apparent.
  • Gather, research, compile, organize and analyze complex information. Research, compile, and organize information, and to prepare and maintain accurate records, files, and reports.
  • Work independently with minimal supervision and direction.
  • Organize and work on multiple tasks and complete assignments within specified deadlines.
  • Communicate effectively verbally and in writing to team members, customers, officials, agencies and vendors.
  • Communicate ideas and instructions clearly and concisely, and to interpret and apply rules, regulations, policies, and procedures.
  • Skills in the areas of analytical thinking, consensus building, empowerment, strategic thinking, and constructively dealing with conflict.
  • Read complex written materials and documents.
  • Must be able to work well under pressure.
  • Follow directions from management, verbally or in writing.
  • Walk, stand, sit, kneel, push, stoop, reach above the shoulder, grasp, pull, bend repeatedly, identify colors, hear with aid, see, write, count, read, speak, analyze, alphabetize, lift and carry up to 10 lbs.
  • Demonstrates a commitment to Relationships F•I•R•S•T in all areas of job performance.

Required Experience

  • Bachelor’s degree or equivalent work experience.
  • Minimum of three years of benefits and two years of compensation experience with progressive responsibilities.
  • 2 years HRIS software product knowledge required. ADP software knowledge preferred.
  • Communications / coaching experience required.
  • Strong knowledge of federal and state regulations related to benefits and salary administration
  • Ability to consistently apply applicable policies, procedures and regulations
  • Good computer skills including MS Office, proficient with Excel.
  • Knowledge of performance management practices and procedures.
  • Knowledge regarding developing job descriptions.
  • Math / statistics knowledge.
  • Strong ability to lead/train others to influence tasks and deliverables.

Preferred Experience, Certifications, Licenses:       

  • Professional human resources certification preferred.
  • Minimum of one year creating formal job descriptions preferred.

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