Benefits Analyst (34281)

Job Details

Level

Experienced

Job Location

American Fuji Seal BTN - Bardstown, KY

Position Type

Full Time

Education Level

4 Year Degree

Salary Range

$57,120.00 - $71,400.00 Salary

Job Shift

Day

Description

The Benefits Analyst is an integral member of the HR team who designs Waku-Waku (exciting) companywide benefits that attract and retain talent. Responsibilities include analyzing, administering, and evaluating employee benefit plans, including health insurance, retirement plans, and other employee welfare and wellness programs, by researching data, identifying trends, and providing recommendations to optimize cost-effectiveness while ensuring compliance with regulations, all while communicating benefit details to employees and resolving any related inquiries . This role also includes the delivery of these benefits and education to all levels of employees with excellent customer service.

Specific Responsibilities And Essential Functions

• Oversee benefits plans including eligibility and benefits enrollment (401(k), medical, dental, and ancillary plans) and promptly address employee inquiries regarding payroll and benefits.
• Lead and facilitates annual open enrollment and educating employees on the company's total rewards.
• Collect, analyze, and interpret data on employee benefits utilization, cost trends, and market comparisons to identify areas for improvement.
• Assist in designing, implementing, and managing employee benefit plans, including health, retirement, life, and disability coverage.
• Negotiate contracts with benefit providers, monitor performance, and resolve issues with vendors.
• Develop and deliver clear and concise information regarding benefit plans to employees through presentations, workshops, and online resources.
• Administers the Company’s Wellness programs and activities designed to improve employee health and wellbeing; prepares employee communications with respect to wellbeing programming to provide continuing education
• Keep abreast of current national wellness and wellbeing initiatives and activities, developing a network of resources and contact to use; explores ideas and opportunities to personalize the program to increase management and employee participation
• Recommend changes and/or additions to Wellness initiatives that reflect the changing needs of employees.
• Ensure adherence to all applicable federal and state regulations regarding employee benefits, including COBRA, HIPAA, and ERISA.
• Investigate and resolve employee benefit claims issues with insurance providers.
• Track benefit costs, identify cost-saving opportunities, and prepare budget projections.
• Generate reports on benefit utilization, cost trends, and employee satisfaction levels for management review.
• Provide individual guidance to employees regarding their benefit options and eligibility.
• Ensure compliance with federal, state, and local compensation and benefits laws (including COBRA, HIPAA, and ERISA).
• Act as a liaison between employees, the company, and benefit providers, resolving issues with vendors as required.
• Conduct monthly benefit invoicing and HRIS reconciliation and approvals.
• Analyze employee benefits utilization and cost trends to recommend improvements.
• Develop and deliver benefits and payroll information to employees via presentations, workshops, and online resources.
• Use data analysis tools to identify trends and recommend adjustments.
• Oversee audits for 401(k) and workers' compensation.
• Ensure confidentiality of sensitive employee and company information.
• Participate in HR teams and committees.
• Perform other duties as required.
  
  

Qualifications

Competencies and Qualifications:

• Analytical skills: Strong ability to analyze large datasets, interpret trends, and draw meaningful conclusions.
• Research skills: Expertise in conducting market research, including benefit surveys and industry reports.
• HR knowledge: Understanding of compensation principles, job evaluation methodologies, and HR best practices.
• Data proficiency: Proficiency with data analysis tools and software (e.g., Excel, statistical analysis programs)
• Communication skills: Ability to clearly communicate complex data and recommendations to both technical and non-technical audiences.
• Attention to detail: High level of accuracy and attention to detail when handling sensitive compensation data.
• Safety and Compliance: Consistently demonstrates a “safety first” mindset, adheres to company safety and security policies, and is dedicated to employee safety and well-being.
• Direction Setting: Possesses strong project management and organizational skills, including excellent written and verbal communication skills to manage multiple priorities in a deadline-oriented environment.
• Teamwork: Demonstrates strong listening skills; values and respects others’ ideas and contributions
• Conflict Resolution: Must be able to anticipate, diffuse, and resolve disagreements, confrontations, tensions, and complaints in a practical and constructive manner to achieve results.
• Customer Focus: Possesses excellent interpersonal skills needed to establish and maintain an influential relationship with other key decision-makers in the Company.
• Execution: Ability to focus on goals, metrics, and results. Takes ownership and accountability for self and department. Use resources efficiently, effectively, and timely.
• Innovation: Must demonstrate an open and growth mindset, embrace change, step out of comfort zone, and apply creativity in generating ideas and solutions.
• Analytical: Approach troubleshooting with mechanical aptitude and ability to evaluate processes analytically.
• Dependability: Regular, reliable attendance and demonstrates a strong work ethic.
  
  

Education And Experience

• Bachelor’s degree preferred.
• 5 years of benefit administration experience required.
• Payroll and Compensation experience a plus
• Proficient computer skills, including Word and Excel.
  
  

Physical Demands

• Able to move and lift up to 30 lbs
• Able to reach and bend.
  
  

Travel Required

• Less than 10%