Benefits Analyst - Human Resources

Description:

This role is a critical part of our Human Resources team, focused on ensuring our employees have access to comprehensive and competitive benefits packages. The Benefits Analyst will play a key role in the administration, analysis, and communication of our benefits programs, ensuring compliance with all applicable laws and regulations. This position requires a strong understanding of benefits principles, excellent analytical skills, and a commitment to providing exceptional customer service to our employees.

Responsibilities:

• Analyze and interpret benefits data: Utilize data analysis techniques to identify trends, assess program effectiveness, and make recommendations for improvements.

• Develop and maintain benefits policies and procedures: Ensure compliance with all applicable laws and regulations, including ERISA, HIPAA, and COBRA.

• Administer benefits programs: Process enrollments, changes, and terminations, ensuring accuracy and timely completion.

• Communicate benefits information to employees: Develop and deliver clear and concise presentations, written materials, and online resources to educate employees on benefits options.

• Conduct benefits audits: Ensure compliance with internal policies and external regulations, identifying and resolving any discrepancies.

• Research and evaluate new benefits programs: Stay abreast of industry trends and best practices to recommend new or enhanced benefits offerings.

• Collaborate with HR team members: Work closely with other HR professionals to ensure seamless integration of benefits programs with other HR initiatives.

• Manage vendor relationships: Negotiate contracts, monitor performance, and ensure compliance with service level agreements.

• Prepare reports and presentations: Summarize key findings, present recommendations, and communicate progress to stakeholders.

Minimum Qualifications:

• Bachelor's degree in Human Resources, Business Administration, or equivalent experience.

• 2+ years of experience in benefits administration or a related field.

• Thorough knowledge of benefits principles and practices.

• Working knowledge of applicable laws and regulations, including ERISA, HIPAA, and COBRA.

• Strong analytical and problem-solving skills.

• Excellent written and verbal communication skills.

• Proficiency in Microsoft Office Suite, including Excel and PowerPoint.

• Ability to work independently and as part of a team.

Preferred Qualifications:

• Experience with Human Resources Information Systems (HRIS).

• Experience with benefits plan design and implementation.

• Experience with vendor management.

• Professional certification in Human Resources (PHR, SPHR, or SHRM-CP).

• Strong organizational and time management skills.

• Ability to handle multiple tasks and prioritize effectively.

• Ability to maintain confidentiality and discretion.

Additional Desired Skills:

Finance, Auditing, Interpersonal Communications, Business Administration, Accounting, Research, Writing, Leadership, Communication, Detail Oriented, Planning, Presentations, Problem Solving, Project Management, Operations, Data Analysis, Management, Customer Service