Benefits Specialist - Troy, MI

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Group Summary:
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities: 

Position Overview: Reporting to the US Benefits Manager, the Benefits Specialist supports the US Benefits Team through data analysis, vendor coordination, and administration of health & welfare programs. This role focuses on claims analytics, data integrity, governance, and compliance. The ideal candidate has strong analytical skills, attention to detail, and experience working with benefits data, claims files, and strong Microsoft Excel knowledge.

Duties/Responsibilities:

• Analyze medical, pharmacy, dental, disability, and other vendor claims data to identify cost trends, utilization patterns, and billing discrepancies.
• Prepare regular dashboards and reports for HR leadership, Finance, and Benefits management using data warehouse.
• Support annual benefits strategy planning by providing quantitative insights and modeling scenarios.
• Validate data for Actuarial Partners, Brokers, and Internal Stakeholders.
• Support monthly financial reconciliation and charge back to divisions.
• Support ACA, ERISA, HIPAA, COBRA, and other compliance activities through data validation and documentation.
• Contribute to plan audits, non-discrimination testing, and regulatory reporting.
• Maintain accurate plan documents, SOPs, and compliance records.
• Provide guidance and expertise to local HR Teams regarding benefits policies, eligibility rules, and processes.
• AND MORE...