Benefits Analyst Job Description

Benefits Analyst Job Description

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Benefits analyst provides guidance on FMLA/ADA/personal and parental leave policies, ensuring consistent application and compliant administration with all state and federal regulations.

Benefits Analyst Duties & Responsibilities

To write an effective benefits analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included benefits analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Assist in identifying, planning and developing methods and procedures to obtain greater efficiency and effectiveness for the benefit programs
Partnering with communications team to assist with development of communications for benefit programs, procedures, and disclosures
Process federal & state requirements (ACA, 5500, NDT)
Develop, implement and maintain procedures to ensure retirement and health and welfare plans remain in compliance and conduct regular eligibility audits and utilization reviews
Act as primary point of contact for active and terminated employees inquiries related to benefits plan understanding and issues by providing accurate, thorough and timely information
Analysis, research and summarize monthly eligibility data, including resolution of any data questions and/or issues with vendors, to ensure complete and accurate employee service
Process and prepare monthly vendor invoices for payment, timely and collaboratively with corporate finance
Process employee enrollments, elections, and terminations
Analyze, review and ensure vendors are providing accurate reporting data for the monthly premium billing reports and data tracking
Work with all the various vendors to ensure that benefit eligibility transactions are being processed on a timely basis

Benefits Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Benefits Analyst

List any licenses or certifications required by the position: CEBS, PHR, CBP, SHRM, SPHR, CCP, CEB, HR, RPA, CEP

Education for Benefits Analyst

Typically a job would require a certain level of education.

Employers hiring for the benefits analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Human Resources, Education, Business, Finance, Business/Administration, Accounting, Administration, Mathematics, Health, Management

Skills for Benefits Analyst

Desired skills for benefits analyst include:

COBRA
ERISA
FMLA
HIPAA
ADA
ACA
Excel
Section 125
Pertinent federal and state regulations
Procedures

Desired experience for benefits analyst includes:

Assist with and participant in various department projects, including 401(k) Form 5500 audit, tuition reimbursement and leaves of absence
May act as an administrative liaison with internal and/or external sources
Raise unresolved issues to Director, Benefits for guidance
Participation in new hire orientation and benefits overview presentations
Conduct research to monitor current benefits trends, changing federal and state regulations and evolving legislation that may affect employee benefits and compliance
Strong initiative, multi-tasking skills and evolved attention to detail necessary

Benefits Analyst Examples

1

Benefits Analyst Job Description

Job Description Example
Our company is searching for experienced candidates for the position of benefits analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for benefits analyst
  • Assist in the administration and analysis of competitive, cost-effective benefits programs
  • Act as the lead system liaison for out-sourced vendors
  • Work with the Pharmacy Benefit Administrator and US Government agencies
  • Complete oversight for Disability and Leave Management
  • Reviews contracts, summary plan descriptions, agreements
  • Ensure that benefits plans are administered according to plan provisions
  • Administer Benefit Plans as assigned on a day-to-day basis
  • Assist in compliance with the organization's annual SOX Reporting requirements
  • Counsel employees and retirees on basic plan questions
  • Maintain functional benefit databases
Qualifications for benefits analyst
  • Establish relationships with company personnel at all organizational levels to gather information and prepare reports
  • Anticipate needs and act with appropriate urgency
  • Maintain a professional appearance and provide a positive image
  • Must work well autonomously and as part of a team
  • Strong presentation generation and delivery
  • Exposure / knowledge of Benefit Plans
2

Benefits Analyst Job Description

Job Description Example
Our innovative and growing company is looking for a benefits analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for benefits analyst
  • Act as a liaison between HR, vendors, and associates to provide support as it relates to benefit projects, policies and procedures
  • Assist activities to ensure plans are compliant with ERISA, DOL & state reporting requirements, including non-discrimination testing, claim submissions, 5500 reporting/filing, Summary Annual Reports
  • Assist with employee and internal leave inquiries
  • Independently monitor benefit plans/administration for efficiency and process improvements
  • Research and review competitiveness of pension and benefit programmes taking account of market practice and trends
  • Manage Leave of Absence programs
  • Oversee Worker’s Compensation program
  • Drive compliance activities in partnership with internal and external vendors
  • Explain employee benefits by conducting meetings
  • Create and maintain benefits process guidelines
Qualifications for benefits analyst
  • Must have strong ability to analyze data to identify issues
  • Must be able to manage multiple deadlines, prioritize assignments and work overtime as needed
  • Solid understanding of Benefits principles
  • Benefits Administration – Understanding of the administration, recordkeeping and operational aspects of multiple or single benefit plans
  • 3 years of relevant experience, preferably medical benefits in a deadline-driven environment
  • Proficient use of all applicable technology
3

Benefits Analyst Job Description

Job Description Example
Our innovative and growing company is looking for a benefits analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for benefits analyst
  • Serve as subject matter expert on Affordable Care Act, providing analytic and reporting support for proper employee and IRS notifications.Review and monitor seasonal workforce to determine any risk for benefit eligibility
  • Working with Benefits Manager, serve as a liaison between employees and the appropriate benefit provider for questions regarding benefit programs and processes, escalating to our third party broker where appropriate
  • Support Benefits Manager on project planning and implementation related to open enrollment at all sites and ensure information, materials and education are received at all locations to ensure effective and timely enrollment
  • Serve as resource to HR Business Partners on Leave of Absence (LOA) administration for appropriate client groups
  • Leads relocation and global mobility programs through vendor assessments, needs analysis and making recommendations for program and process improvements while reducing costs to the company and employees.Partners with payroll to insure correct taxable and non-taxable IRS rules are applied
  • Collects and analyzes health insurance experience (claims, administrative fees and premiums)
  • Assist in counseling employees on benefits coverage
  • Works with third party vendors and administrators to ensure consistent, accurate plan operations
  • Reviews and interprets various benefit plan documents to ensure compliance, respond to inquiries and resolve issues
  • Assists benefit plan operations by supporting bill payment activities, including weekly invoice processing and allocation of plan costs
Qualifications for benefits analyst
  • 4-year degree in Human Resource Management, Labor Relations, or a related field of study preferred
  • Must have at least 3-5 years of experience conducting research, analyzing and interpreting data, and recommending solutions to complex problems
  • Experience with Lawson, Benefit Focus, Smart Ben are plus
  • Must have the ability to interpret and convey policies and summarize plan descriptions as they relate to employee benefit plans
  • Must be detail-oriented, able to appropriately manage confidential information, and demonstrate the ability to influence
  • Open enrollment and new vendor implementation lead
4

Benefits Analyst Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of benefits analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for benefits analyst
  • Manage and oversee Leave of Absence and Worker’s Compensation programs
  • Drive compliance and reconciliation activities in partnership with internal and external vendors
  • Maintain and prepare written and graphic announcements for benefits materials
  • Lead regular benefits audits, annual 401k audit
  • Partner with employees, brokers and vendors to provide a high level of customer service at all times
  • Create and maintain benefits documentation and process guidelines
  • Project manage the ongoing activities of our benefits programs and projects
  • Serve as a single point of escalation from both the company and the third party administrator regarding employee or benefits issues and concerns
  • Act as a tester for Annual Enrollment and other implementation activities
  • Educate and provide guidance to US employees regarding benefits offerings by providing benefit subject matter expertise
Qualifications for benefits analyst
  • Experience with ADP Benefits administration systems and/or Workday benefits administration a plus
  • Understand current performance of benefit processes and prioritize opportunities for improvement when identified
  • Partner with benefits service managers and outsource partners to “triage” issues as they are identified and get the issue into the correct hands for rapid resolution
  • Analyze trends within program areas and consolidate data/information to present for review with primary stakeholders and help drive decisions based on data
  • Conduct benefit briefings
  • Support special projects as needed including supporting wellness fairs
5

Benefits Analyst Job Description

Job Description Example
Our innovative and growing company is looking for a benefits analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for benefits analyst
  • Communicate/follow-up with clients to obtain non-payroll data necessary for ACA service implementation and assist with ongoing maintenance to keep client data current
  • Use data queries to perform weekly and monthly data audits of all clients enrolled in ACA Service
  • Thoroughly maintain sensitive client data in excel spreadsheets
  • Assist with producing, generating, printing, shipping, tracking, and filing ACA forms with IRS
  • Answer general inquiries from clients concerning ACA Legislation and report analytics
  • Assist the ACA Department in meeting project deadlines and adhere to deadlines set by the Internal Revenue Service and other federal government agencies
  • Develop communication strategies to ensure successful implementation of benefit changes and new programs
  • Provide support to the benefits team as needed to ensure successful on-going administration of the Company’s benefits plans
  • Manage benefits invoice claims processing and reporting analysis and reconciliation with Finance
  • Develop and deploy benefits communications and education
Qualifications for benefits analyst
  • Experience with Project Management desired
  • Possess a sense of urgency, strong customer service orientation
  • Creates and analyzes exception reporting
  • Review health benefits employer cost on weekly basis
  • Serve as the subject matter expert for Total Rewards/sub-Total Rewards programs, policies and processes
  • Provide staff with technical support and guidance on core ASC Total Rewards HR processes (respond to and resolve increasingly complex issues)

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