Benefits Analyst III

Benefits Analyst III

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Job Description

The Benefits Analyst III provides consulting and analytical expertise to support the development, design, implementation, and administration of benefit programs, practices, and policies to meet the changing needs of the organization. You will monitor benefit trends and stay abreast of applicable benefits legislation. You will also analyze, evaluate, and develop best practice recommendations to maintain a competitive Health and Welfare program, ensuring compliance with applicable laws, regulations and policies, and support the delivery and communication of benefit programs. Responsibilities include explaining benefits and assisting in the business development and planning processes with service providers. Compiles, analyzes and reports data including employee, plan financials for strategic benefits planning and evaluation. Provides benefit plan interpretation, guidance and counsel to employees. The position will inform and educate employees and management.

• Resolves a wide range of issues in creative ways
• Seasoned, experienced professional with a full understanding of their speciality
• Works on problems of a diverse scope
• Receives little instruction on day to day work, general instruction on new assignments

• Administers a diverse, international benefits program
• Monitors eligibility, limitations, and restrictions of plan participations and ensures compliance with both plan provisions and government requirements.
• Provides guidance and counsel to employees and managers on the requirements and provisions of benefit programs, and assists with the resolution of potential problems.
• Coordinates the design and communication of annual benefit enrollment materials.
• 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.
• Assists with bid specifications, analyzes proposals and renewal information, and interprets insurance carrier contracts.
• Participates in the development of business processes.
• Manages 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.
• Oversees employee data auditing and reporting.
• Monitor plan limits, eligibility and other restrictions on plan participation to ensure compliance with both plan provisions and government requirements.
• Administers COBRA compliance.
• Researches current benefit trends and regulatory/legislated requirements and recommends programs/changes
• Compiles, analyzes and reports benefit data including employee, benefit plan and financial for Benefit's strategic planning and evaluation, best practices and benchmark surveys.
• Other duties as required. This list is not meant to be a comprehensive inventory of all responsibilities assigned to this position

• Bachelor’s degree (B.S/B.A) from four-college or university and 5 to 8 years’ related experience and/or training; or equivalent combination of education and experience
• Networks with senior internal and external personnel in own area of expertise
• Demonstrates good judgment in selecting methods and techniques for obtaining solutions
• Knowledge of international benefits design and requirements

• Experience in implementing a health and wellness culture, at a minimum interest in creating one

• Must have the ability to perform office-related tasks which may include prolonged sitting or standing
• Must have the ability to move from place to place within an office environment
• Must be able to use a computer
• Must have the ability to communicate effectively
• Some positions may require occasional repetitive motion or movements of the wrists, hands, and/or fingers

• Employment in the fast-growing IT space providing you with a variety of career options
• Opportunity to work with some of the biggest firms in the world as part of the Astreya delivery network
• Introduction to new ways of working and awesome technologies
• Career paths to help you establish where you want to go
• Focus on internal promotion and internal mobility - we love to build teams from within
• Free 24/7 accessible Professional Development through LinkedIn Learning and other online courses to give you opportunities to upskill at your own pace
• Education Assistance
• Dedicated management to provide you with on point leadership and care
• Numerous on the job perks
• Market competitive compensation and insurance, health and wellness benefits
  

Additional Information

Astreya Partners is an equal employment and affirmative action employer. We evaluate qualified applicants on merit and business needs and not on race, color, religion, creed, gender, sexual orientation, national origin, ancestry, age, disability, genetic information, marital status, veteran status or any other factor protected by law.