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Benefits Analyst
First American
Santa Ana, CA, United States
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The Benefits Analyst role at First American is the perfect career move for you if you have 5+ years of progressive benefits and wellness experience.
This position reports to the Manager of Health and Welfare Benefits and is expected to:
• Assist in the development of health and wellbeing plan strategy, design, incentive structure, and assessing financial performance
• Apply experience, creativity, and critical thinking skills to support advancement of the company’s ongoing consumerism and health and productivity objectives
• Support absence, worker’s compensation, and contracts and compliance tasks as assigned
• Perform monthly, quarterly and annual accounting activities including reconciliations of bank accounts, payment of insurance bills, coordination and completion of annual tax filings, and reviewing financial reports
• Analyze and report on financial status including funding and billing variances, costs and trends, budget preparation and analysis, and communicating financial results to management
• Serve as benefits billing liaison to Accounting, Finance and Treasury, and multiple divisions and vendors
• Assist in ensuring plans and administration remain in compliance to all applicable regulations and laws through testing, documentation, and administration
• Develop employee communication and education programs
• Ongoing project and vendor management
Job tasks and activities include:
• Design/produce internal presentations, proposals, exhibits, reports and communication strategies supporting the department’s goals and objectives
• Provide training and guidance to other benefits staff and field HR to ensure consistent, accurate, and reliable information is disseminated
• Measure and report benefit and wellbeing utilization to executive management as required; apply critical thinking skills to interpret results and develop recommendations as needed
• Write and structure reports, spreadsheets and presentations including custom reports from vendors
• Vendor management including routine interaction to ensure services are being delivered at the highest level
• No employees report to this role, but the position requires leadership capabilities, strong project management skills, and allows a large amount of autonomy. This role will occasionally identify team members for projects and lead projects.
The ideal candidate will have:
• A minimum of 5 years’ experience in benefits, wellbeing, absence, and worker’s compensation, with an increasing degree of complexity and a superior understanding of federal and multi-state benefit laws and regulations, including working knowledge of Health Care Reform and its ongoing changes
• Minimum of 3 years project management experience with demonstrated outcomes
• Bachelor’s Degree in human resources, business, insurance, mathematics, actuarial science, finance or any other major with significant quantitative coursework is preferred
• PHR, SPHR, CEBS, PHIAS, Life and Health agent, CLMS or other designation/certification preferred
• Experience with a consulting or brokerage firms, or experience with a group health insurance company a plus
• Comprehensive knowledge of employee health and welfare benefit plans, including medical, dental, prescription, account-based plans, life/AD&D, disability, and ancillary offerings; both self-funded and fully-insured arrangements
• Superior knowledge of and experience with leaves of absence and worker’s compensation
• Superior customer service skills; results oriented; effective problem-solving skills
• The ability to comfortably and effectively communicate with employees at all levels of the organization
• Superior oral and written communication and presentation skills; the ability to present complex issues/data with a high level of clarity and integrity
• Ability to analyze complex issues, diagnose potential problems and identify and implement solutions
• Superior computer/technical skills (Word, Excel, Access, Outlook, PowerPoint, Workday, Cognos)
• Ability to work both independently and collaboratively with a cross-functional team in a fast-paced environment with changing priorities and demands
• Demonstrated vendor management and negotiation skills
• Ability to drive projects to successful completion
• Well organized and detail oriented
First American invests in its employee’s development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.