Benefits Analyst

Job Description

Job Description

The Senior Benefits Analyst will be responsible for all aspects of a multi-state, comprehensive employee Health and Welfare benefits program to meet employee needs and align with business objectives. This position contributes to the administration of employee benefits programs, and employee pension and retirement savings plans.

Responsibilities :

• Responsible for the administration of health insurance plans, life insurance, COBRA, EAP, and voluntary plans for all entities within the Company’s control group, which includes identifying and resolving issues, maintaining accurate records, ensuring appropriate deductions are applied, reconciling invoices, and running audit reports to capture discrepancies.
• Coordinates annual projects (Total Comp Statements, census reporting, and audits). Responds to data requests from actuaries, insurance carriers and management. Assist with annual nondiscrimination testing and annual 401k audit. coordinate / distribute annual required reports.
• Assists with planning and execution of the annual open enrollment process, create employee communication, review, and update HRIS system with new rates and benefits when appropriate.
• Assist with benefits administration system enhancements, interface file issues and troubleshooting discrepancies.
• Oversees retirement savings plans and pension for all entities within the Company’s control group; partners with pension administration vendor to ensure participant payments are processed accurately and timely.
• Maintenance of benefits & HIPAA records, including enrollments, applications, and other records required for all benefit plans.
• Manages ACA process and compliance, as well as auditing Forms 1094 and 1095 for all covered entities to ensure IRS deadlines for distribution and filing are met.
• Acts as escalation point for more complicated benefit plan issues.
• Assist with management of the leave programs.

Knowledge, Skills, and Abilities Required :

High School Diploma required. Bachelor’s Degree preferred.

Any of the following certifications preferred : PHR, SPHR, SHRM-CP, SHRM-SCP, CCP, CEBS Minimum 5 years’ experience working in benefits administration

Benefit Functions, Benefits Coordination, Compensation and Benefits, Benefits Analysis, FMLA