Senior Benefits Analyst

This is a fully remote position, open to applicants in Maryland.

📋 Description

• Administer U.S. employee benefits programs, which encompass medical, prescription drug, dental, vision, life insurance, disability, retirement, and voluntary benefits.

• Address intricate associate inquiries related to benefits eligibility, enrollment, claims, and payroll deductions.

• Engage with associates and retirees through telephone and various communication channels.

• Assist with annual Open Enrollment activities, including system testing, eligibility validation, enrollment communications, and post-enrollment audits.

• Prepare and disseminate benefits communications, enrollment guides, newsletters, FAQs, notices, and educational resources.

• Support benefits administration and communication efforts during acquisitions and employee transitions.

• Collaborate with external benefits vendors, consultants, and third-party administrators.

• Review benefits data, vendor reports, eligibility files, enrollment records, payroll reports, and error reports.

• Investigate and rectify vendor data discrepancies, enrollment errors, and administrative challenges.

• Ensure compliance with ERISA, ACA, COBRA, HIPAA, FMLA, SOX, 401(k), pension, and other relevant regulations.

• Assist with audits, annual filings, required notices, disclosures, and regulatory reporting.

• Conduct regular audits and reconciliations involving 401(k), HSA, enrollment, payroll deductions, and vendor integrations.

• Prepare periodic benefits reports and ad hoc data analyses.

• Aid in benefits budgeting, financial reconciliations, and program cost analysis.

• Partner with HRIS and Payroll on configurations, eligibility criteria, deductions, and system integrations.

• Participate in system testing, data conversions, system updates, and integrations related to acquisitions.

• Support benefits projects, vendor implementations, annual renewals, and system enhancements.

• Coordinate project activities, track deliverables, communicate updates, and maintain process documentation.

• Identify process gaps, opportunities for automation, and enhancements to data quality and operational efficiency.

⛳️ Requirements

• Bachelor’s degree in human resources, Business Administration, Finance, or a related field, or equivalent professional experience.

• At least 5 years of experience in employee benefits administration, benefits analysis, or Total Rewards.

• Knowledge of U.S. employee benefits, including self-funded medical, dental, and vision programs.

• Experience in 401(k) plan administration and compliance.

• Familiarity with HSAs and other tax-advantaged benefit programs.

• Understanding of life insurance, disability, and voluntary benefits.

• Working knowledge of ERISA, ACA, COBRA, HIPAA, and FMLA regulations.

• Experience with third-party benefits administration vendors and external benefit providers.

• Ability to operate effectively in a decentralized HR environment with multiple stakeholders.

• Strong analytical and problem-solving capabilities.

• Proficiency in Microsoft Excel, including pivot tables, lookups, and data reconciliation.

• Excellent written and verbal communication skills.

• Strong organizational skills, attention to detail, and the capacity to manage multiple competing priorities.

• Capability to work independently, exercise sound judgment, and maintain confidentiality.

• Preferred: Experience with Workday HRIS.

• Preferred: Familiarity with the Businessolver benefits administration platform.

• Preferred: Experience in supporting benefits administration and leave of absence for a multi-state U.S. workforce.

• Preferred: Knowledge of payroll integrations, eligibility file transmissions, and benefits system testing.

• Preferred: Experience in aiding mergers, acquisitions, or employee benefits integrations.

• Preferred: Background in assisting with SOX, 401(k), pension, or other benefits-related audits.

• Preferred: Experience in a publicly traded or multinational organization.

🏝️ Benefits

• Medical, prescription drug, dental, and vision programs.

• Life insurance.

• Disability benefits.

• Retirement and 401(k) programs.

• Voluntary benefits.

• Health Savings Accounts (HSAs) and other tax-advantaged benefit programs.