Benefits Analyst

Job Summary

Job Duties

• Monitors eligibility, limitations, and restrictions of plan participations and ensures compliance with both plan provisions and government requirements.
• Provides guidance and counsel to employees, HRIS representatives, and managers on the requirements and provisions of benefit programs and assist with the resolution of potential problems.
• Coordinates the design and communication of annual benefit enrollment materials and Total Reward Statements.
• Drafts legal compliance documentation (SPDs, SARs).
• Develops, conducts and 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.
• Prepares bid specifications analyze proposals and renewal information and interprets insurance carrier contracts.
• Assists in the development of business processes.
• Responsible for 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.
• Assists with employee data auditing and reporting.
• Monitors plan limits, eligibility and other restrictions on plan participation to ensure compliance with both plan provisions and government requirements.
• Oversees and directs the administration of COBRA compliance.
• Researches current benefit trends and regulatory and legislated requirements and recommends programs and 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.

Work is typically performed in an office environment. Accountable for satisfying all job specific obligations and complying with all organization policies and procedures. The specific statements in this profile are not intended to be all-inclusive. They represent typical elements considered necessary to successfully perform the job.

Position Details

Education

Experience

Certification(s) and License(s)