Benefits Analyst II

What this Job Entails: 

The Benefits Analyst II will handle the administration of retirement and health and welfare employee benefit programs. The hire will assure compliance with all applicable state and federal regulations. Responsibilities include explaining benefits and assisting in the business development and planning processes with service providers. Compiles, analyzes and reports data including employee, plan financials for strategic benefits planning and evaluation. Provides benefit plan interpretation, guidance and counsel to employees. The position will inform and educate employees and management. 

Scope: 

• Applies company policies and procedures to resolve a variety of issues

• Works on problems of moderate scope

• Receives general instructions on routine work and detailed instructions on new projects

Your Roles and Responsibilities:

• Monitors eligibility, limitations, and restrictions of plan participations and ensures compliance with both plan provisions and government requirements. 

• Provides guidance and counsel to employees and managers on the requirements and provisions of benefit programs, and assists with the resolution of potential problems. 

• Coordinates the design and communication of annual benefit enrollment materials and Total Reward Statements. 

• Participates in a variety of presentations to inform and educate management and employees about changes to benefit plans, administrative practices and legislated requirements and programs. 

• Assists with bid specifications, analyzes proposals and renewal information, and interprets insurance carrier contracts. 

• Participates in the development of business processes. 

• Manages data necessary to complete government compliance activities (5500s, audits, etc.), employee mailings, vendor billings, coordinating data collection and updating numerous reports for management. 

• Assures processes and procedures are in place to capture and maintain consistent and accurate benefit related data. 

• Oversees employee data auditing and reporting. 

• Monitor plan limits, eligibility and other restrictions on plan participation to ensure compliance with both plan provisions and government requirements. 

• Administers COBRA compliance. 

• Researches current benefit trends and regulatory/legislated requirements and recommends programs/changes to the Director, Employee Benefits. 

• Compiles, analyzes and reports benefit data including employee, benefit plan and financial for Benefit's strategic planning and evaluation, best practices and benchmark surveys. 

• Other duties as required. This list is not meant to be a comprehensive inventory of all responsibilities assigned to this position

Required Qualifications/Skills:

• Bachelor’s degree (B.S/B.A) from four-college or university and 2 to 5 years’ related experience and/or training; or equivalent combination of education and experience 

• Builds productive internal and external working relationships

• Exercises judgment within defined procedures and practices to determine appropriate action

Physical Demand & Work Environment:

• Must have the ability to perform office-related tasks which may include prolonged sitting or standing

• Must have the ability to move from place to place within an office environment

• Must be able to use a computer

• Must have the ability to communicate effectively 

• Some positions may require occasional repetitive motion or movements of the wrists, hands, and/or fingers