Senior Analyst – Benefits

Senior Analyst – Benefits

Requirements

• Bachelor’s degree in Human Resources, Business Administration, Information Systems, or a related field preferred
• 5-7 years of experience analyzing benefit plans
• Advanced knowledge in MS applications, including Excel, Word, Outlook, PowerPoint
• An understanding of federal and state regulations governing benefits plans
• Knowledge of health and welfare, retirement, and leave benefit products, services and tools

Responsibilities

• Manage the day-to-day administration and ownership of US health and core benefit programs including medical, dental, vision, spending accounts, life, disability, and other benefit plans, and policies for union and non-union colleagues
• Assist with plan design review including driving annual enrollment process, partnering on Workday configuration, testing and implementing design changes
• Support ongoing benefit activities, including oversee and review of data flow, file feeds and collaborate with the Workday team on configuration updates
• Support ongoing Benefit Deduction integrations, including the implementation of a Closed Loop Payroll process
• Evaluate, implement, and manage wellbeing programs to support overall health of colleagues
• Responsible for research and feedback to escalated benefit issues
• Manage, promote and support ancillary programs as required
• Develop and manage vendor relationships, including consultants and third-party administrators, to gather data and understand benefit plan dynamics
• Identifies trends and develops solutions to improve customer experience
• Oversee vendor contractual adherence and renewals in coordination with procurement team to ensure timely invoice remittance within annual budget
• Collect, analyze, and summarize employee benefit data and trends
• Identify process improvements, including data quality, reporting and other opportunities to improve overall service and satisfaction levels for both associates and the Benefits management team
• Assist the Benefits team and other stakeholders (i.e., Labor Relations, HRBPs) in gathering, organizing, and analyzing data from multiple sources using Excel spreadsheets and other analytical tools
• Analyze results, interpret data and summarize findings and implications using PowerPoint, Word, and other written communication formats
• Prepare initial cost projections to support plan design decisions and budget impact for multiple benefit plans
• Research external sources of information, including healthcare costs and benefit plan trends to fully inform management decisions
• Maintain/oversee compliance with company policies, state and federal regulations such as HIPAA, FMLA, COBRA, and ERISA
• Assist in identifying new, emerging regulatory compliance matters
• Ad hoc projects as required, assigned, or requested to continue optimizing plans effectiveness and efficiency

Preferred Qualifications

• 7-10 years of experience analyzing benefit plans
• Project management experience preferred
• Experience with system testing, implementation, or configuration of benefits platforms
• Experience working in a large, complex organization and union populations
• Workday HCM & Payroll experience
• Experience with vendor systems such as bSwift or Businessolver
• Experience working with Collective Bargaining Agreements and associated benefits