Senior Benefits Analyst

Basic Purpose

Analyzes benefits programs internally with Benefits leadership, team and broker and other benefit partners to evaluate external competitiveness and legal compliance of the company’s programs and benefits practices. Reviews external offerings and opportunities and makes recommendations.

Develops benefit programs and may assist in the administration of programs. Reviews benefit costs to

ensure compliance with company budget.

Essential Duties and Responsibilities

Carries out highly complex analysis assignments involving the development, installation, and

administration of benefit programs.

· Develops cost control procedures to assure maximum coverage at a minimum cost to the company and employees.

· Analyzes new and emerging benefits designed to meet the needs of a changing workforce, such as parental leave, child and elder care, long-term nursing home care insurance, employee assistance, wellness programs, flexible benefits plans and Leaves of Absence management.

· Supports all current wellness programs, reviews, makes recommendations for future enhancements or changes.

· Leads the development of the annual benefit summaries for employees.

· Coordinates with retirement and medical/dental insurance vendors.

· Compiles periodic and special reports on benefits matters for senior HR management.

· Audits effectiveness of overall benefit programs on a regular basis, looking for opportunities for enhancements where appropriate.

· Is versed on benefits financials and payment operations.

· Manages in partnership with Benefits Advisor the retirement plans.

· Offers guidance to retirees when applicable.

Remains current on all personnel policies, programs, and practices. Researches new (and pending) laws and regulations including ERISA, COBRA, and FMLA.

Provides work assistance and guidance to lower-level benefit staff members on daily benefits operations.

Ensures all compliance aspects of position are known and followed; understands and complies with all

policies, codes and regulations applicable to position and company.

Performs related duties as assigned.

Essential Education, Skills, and Environment

Education and Work Experience

Bachelor’s degree from an accredited school plus 6 or more years of related experience. Candidates that

do not possess a bachelor’s degree must have a minimum of 10 years of related work experience.

Specialized Knowledge and Skills

High level knowledge of HR/personnel practices and principles, labor and pay laws and regulations.

Able to handle high level of confidentiality regarding employee information. Excellent planning, time

management, communication, decision making, presentation, organization, and interpersonal skills.

Excellent knowledge in defined benefit pension plan design and administration.