Benefits Analyst I

Mindlance; Minneapolis (MN); On-site; USD 50,000 - 70,000; Full time

Job summary

A national recruiting company is seeking a candidate for a role focused on administering clients’ defined benefit plans in Minneapolis. Responsibilities include performing plan administration tasks, collaborating with team members, and understanding plan design. Candidates should possess strong analytical skills, proficiency in Microsoft Excel and Word, and effective communication abilities. A Bachelor's Degree is desired. Interested applicants should send their updated resume to the provided email.

Qualifications

• Solid mathematical and analytic skills.
• Working knowledge of Microsoft Excel and Word.
• Strong oral and written communication skills.

Responsibilities

• Perform routine plan administration tasks for clients’ defined benefit plans.
• Work cooperatively with team members to complete tasks.
• Gain an understanding of the plan design and structure.

Skills

Mathematical skills

Analytic skills

Microsoft Excel

Microsoft Word

Oral communication

Written communication

Education

Bachelor's Degree

Job description

Mindlance is a national recruiting company which partners with many of the leading employers in the Life Sciences, IT, and Financial Services sectors, feel free to check us out at http://www.mindlance.com.

Job Description

• Perform with guidance from other team members, routine and recurring plan administration tasks for clients’ defined benefit plans (e.g., benefit calculations, annual data updates, assist with preparation of benefit statements)
• Work cooperatively with other team members (Towers Watson plan administrators, actuaries) to complete tasks and to ensure unified delivery of services
• Gain a thorough understanding of the plan design ( e.g., benefit formulas, options, eligibility)
• Follow and update documentation materials as directed
• Maintain complete and accurate work papers and audit trails
• Learn and use Professional Excellence tools and concepts to ensure efficient and quality output/service delivery
• Serve as a contact with clients’ human resources personnel
• Adhere to plan documents and government regulations in administering plans
• Actively participate in team meetings and training activities
• Be accountable to team members for agreements and commitments

Demonstrate the following

• Seek out experiences that may change perspective or provide an opportunity to learn new things
• Ability to prioritize workload with help from project leaders
• Ability to effectively deliver on agreed upon deadlines
• Attention to detail
• Professional, client-focused approach to colleagues and assignments

Qualifications

• Solid mathematical, analytic and personal computer skills
• Working knowledge of Microsoft Excel and Word
• Strong oral and written communication skills
• Willing to work overtime as requested
• Bachelor’s Degree desired

Additional Information

If interested to discuss further please send me your updated resume to udayk1atmindlance.com