Benefits Analyst - Provides benefits administration and analytical support for US employee health, welfare and retirement plan benefits. Participates in plan designs and cost analysis for medical plans, insurance and disability, 401(k) and related benefits programs. Partners with vendors on system set-up rules and transmission processes. Manages billing process and performs audits. Develops communication and educational materials, interprets and ensure compliance, and provides support services to HR and employee for resolution of issues. Creates reports, maintains records, and stays abreast of legislation and other influences that affect benefits. Supports wellness initiatives, behavioral health, workers compensation, leave programs. Partners with global HR on expatriate benefit plans and benefits support in other countries.
Essential Duties
Skills & Abilities
- Demonstrated knowledge and understanding of US government regulations, legislation, taxation and applicability to company provided health care and retirement benefit plans: IRS, DOL, ERISA, ACA, HIPAA, FSA, COBRA, Section 125 plans, EAP, defined contribution plans, non-discrimination testing protocols, etc.
- Deadline oriented, strong organization skills with attention to details, audit and compliance oriented
- Demonstrated ability to apply research and analytical skills for effective problem resolution; general project management skills
- Basic knowledge of overall HR core functions and how they relate to benefits
- Strong written and verbal communication skills including good grammar and ability to write employee communication materials; good interpersonal skills with customer service orientation
- Ability to comprehend issues and provide advice on complex issues and solutions timely with managers, employees, vendors, and auditors and provide guidance on interpretation of benefits policies, programs and procedures
- Effective math and analytical skills with demonstrated ability to gather data and compile reports that provide meaningful and logical business conclusions
- Proficient in using Microsoft Office software products for email, internet research, excel reporting, basic presentations
- Proficient using HRIS systems and understanding of manager and employee self-service tools; ability to understand and navigate software in the use of benefits information (Lawson HRIS helpful); technically savvy for interacting with IT partners
- Ability to think strategically and logically to understand impact of benefits on the company and the employees while ensuring legal compliance
- Desire to learn about and support benefits programs in various countries
Education
- Business related college degree preferred
Specialized Training, Licenses and Certifications
- Education or training in US Employee Benefits helpful; HR education or training certifications helpful
Experience
- Two or more years experience in benefits administration and analytical support; general HR experience preferred
Country: USA, State: Colorado, City: Denver, Company: StarTek.
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