The Sr. Benefits Analyst is responsible for providing support in the administration of employee benefits programs, including health, dental, vision, life insurance, disability, retirement plans, and other related benefits. This role involves analyzing, auditing, and ensuring compliance with company policies, as well as state and federal regulations. The analyst will collaborate with the HR team to manage benefit inquiries, conduct data analysis, and assist with open enrollment processes.
Key Responsibilities:
Benefits Administration:
Assist in the day-to-day administration of employee benefits programs.
Support the annual benefits open enrollment process, including the preparation of materials and communication to employees.
Ensure accurate and timely processing of benefits enrollments, changes, and terminations through our third party system (Alight).
Coordinate with benefits vendors and third-party administrators to resolve employee issues and ensure service delivery.
Data Analysis and Reporting:
Prepare regular reports on benefits utilization, costs, and trends for management review.
Assist in the preparation of benefits-related metrics for compliance reporting and audits.
Assist in the preparation of compliance reports, including non-discrimination testing for the 401(k) plan and 5500s.
Employee Support:
Respond to employee inquiries regarding plans, eligibility, and claims processes.
Provide assistance to employees and assist with problem resolution.
Support new hire orientation sessions and exit interviews to ensure employees are informed about their benefits and 401k options.
Compliance and Documentation:
Ensure that benefits and 401k programs comply with federal, state, and local regulations, including ERISA, HIPAA, COBRA, and ACA.
Maintain accurate and up-to-date records of employee benefits, plan documents, and compliance reports.
Assist with audits and the preparation of necessary documentation for compliance purposes.
Project Support:
Manage renewals and marketings in collaboration with our broker, Aon.
Participate in benefits-related projects, such as the implementation of new benefits programs or system upgrades.
Qualifications:
Education:
Bachelor's degree in Human Resources, Business Administration, or related field, or equivalent work experience.
Experience:
2+ years of experience in benefits and 401k administration or a related HR role.
Experience with benefits data analysis and reporting.
Knowledge of federal and state regulations governing employee benefits.
Skills:
Proficiency in Microsoft Office Suite, particularly Excel.
Familiarity with HRIS systems (e.g., Workday, ADP) and benefits administration software.
Strong analytical skills with attention to detail.
Excellent communication and customer service skills.
Ability to manage multiple tasks and prioritize effectively.
The annualcompensation range for this full-time position is $76,000to $99,000. The final base pay offered to the successful candidate will be determined by factors including internal equity, work location, as well as individual qualifications, such as job-related skills, experience, and relevant education or training.
