Benefits Analyst

This position can sit in either of the following locations:

• Minneapolis, MN / Fort Mill. SC / Dallas, TX

Benefits Analyst

The Benefits Analyst will be responsible for managing employee benefits programs and ensuring compliance with federal and state regulations, as well as providing payroll support as necessary. The Benefits Analyst reports directly to the Payroll & Benefits Manager and works closely with our human resources team on employee leave administration, benefit-related matters, total rewards strategies and payroll and audit support.

Responsibilities

• Manage the full leave administration process. This includes all required paperwork, determining leave eligibility, designating leave as FMLA-qualifying, requesting medical certification and overseeing the return-to-work process for employees returning from leave.
• Develop processes and procedures to ensure compliance with all leave laws and timely reporting to key internal partners.
• Advises key stakeholders on the interaction of leave laws with paid time off, workers compensation, and short-term and long-term disability benefits, keeping them apprised throughout the employee’s leave duration.
• Main point of contact for employee accommodation requests under the ADA, partnering with Legal, HRBPs and other key stakeholders in the interactive process.
• Assist in conducting market reviews to ensure external competitiveness, and alignment to with company-wide benefits philosophy.
• Processes required documents and changes through payroll along with insurance providers to ensure accurate record keeping and proper deductions.
• Administers and processes employee benefits programs, including health, dental, vision, and retirement plans, which includes communicating and presenting benefits information to new and existing employees.
• Ensures compliance with federal and state regulations governing employee benefit programs.
• Serves as the primary contact with third party providers to ensure compliance with all plans and contracts and assists in resolution of complex issues regarding claims, billing, payments, communications, or other topics. Interacts with Human Resources database, including enrollment, auditing, reporting, and troubleshooting of the system.
• Performs audits of enrollments, contributions, 401K, ADA, payroll, and other database information as necessary.
• Provides support to the HR team as needed.

Qualifications

• Bachelor’s degree in HR or related field. 3 years of relevant experience will substitute for degree.
• Minimum of Three (3) years’ experience in benefits management, preferably within a multinational financial or professional services firm.
• Strong leadership and team management skills.
• Excellent time management skills and ability to plan and set priorities.
• Excellent verbal and written communication skills.
• Computer proficiency and technical aptitude with the ability to use Microsoft Office products.
• Knowledge of all federal, state, and local regulations and compliance requirements related to employee benefits, leaves of absence and accommodations.
• Strong analytical skills, attention to detail, ability to interpret and communicate data.
• Ability to work and build partnerships across departments.
• Willingness to “roll up the sleeves” and do what it takes to get the job done.
• Works well on a team and collaborates with others but also be able to work independently.

Physical Demands & Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:

• The employee is regularly required to talk or hear.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.

About Two Harbors Investment Corp.

Founded in 2009, Two Harbors Investment Corp. (NYSE: TWO) has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

In 2023, we acquired RoundPoint Mortgage Servicing LLC, a fully integrated, non-bank mortgage company, reaffirming our commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.

Location

• Minnetonka, MN; Fort Mill, S.C.; Dallas, TX

Employee Status

• Regular

Travel

• No

Telecommuter Position

• No