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Benefits Analyst
Encore Capital Group
Phoenix, AZ, United States
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The Benefits Analyst will report to the Benefits Supervisor and researches, analyzes, evaluates, and administers corporate benefit plans and programs. This position monitors benefit trends in the business environment and must stay abreast of applicable benefits legislation.
Administers and communicates the company's benefits program in regard to plan options, policy features, enrollment and other requirements. Assist in the administration and maintenance of corporate benefits programs; monitor, research and perform quantitative analyses on current processes, trends and compliance requirements relative to benefits.
Responsibilities:
• Research, review, analyze and administer Company's health and welfare benefit programs.
• Review, analyze and administer Company's 401(k) plan.
• Invoice reconciliation for vendors.
• Reporting and auditing of files and contributions.
• Research, analyze and administer wellness programs.
• Compliance support for all benefit programs.
• Conduct benefits orientation for new employees.
• Reconciliations of all benefits programs between HRIS/Payroll system and vendors on premiums and eligibility.
• Responds to benefits inquiries from managers and employees on plan provisions, benefits enrollments, status changes, claims issues and other general inquiries.
• Participates in employee and/or manager interactions to ensure effective communications.
• Assist with special projects as needed.
Qualifications:
• Bachelor’s Degree in Human Resources, Business, Mathematics or other quantitative field.
• 2-5 years benefits experience required.
• Strong knowledge of benefit laws and regulations, including ERISA, HIPAA, FMLA, COBRA; consumer driven health plans (CDHPs) and Health Savings Accounts (HSAs); self-insured health plans; understanding of benefits billing process.
• MS Office Suite with advanced proficiency in Excel required.
• Familiarity with various HR Information systems (Workday) required.
• Experience administering or involvement in a wellness program is strongly preferred.
Position TitleBenefits Analyst
LocationAZ - Phoenix
CategoryHuman Resources
Position StatusFull time