Benefits Analyst Lead

Geisinger; United States; Remote; USD 70,000 - 90,000; Full time

Job summary

A leading healthcare organization seeks a Benefits Analyst to manage and analyze employee benefit programs, ensuring compliance and providing recommendations for improvements. The role requires a Bachelor's degree and at least 5 years in Human Resources, with a focus on teamwork and independent work. Join our diverse and inclusive team, dedicated to caring for our patients and communities.

Benefits

Healthcare benefits from day one

Vision and dental coverage

Collaboration and collegiality environment

Qualifications

• Minimum of 5 years in Human Resources is required.
• Bachelor's degree is mandatory.
• Proficient in teamwork and working independently.

Responsibilities

• Reviews and analyzes employee benefit programs for compliance.
• Assures compliance with all applicable state and federal regulations.
• Mentors and trains benefits staff.

Skills

Teamwork

Working Independently

Education

Bachelor's Degree

Job description

Location:

Work from home (Pennsylvania)

Shift:

Days (United States of America)

Scheduled Weekly Hours:

40

Worker Type:

Regular

Exemption Status:

Yes

Job Summary:

Reviews and analyzes and the administration of retirement (401(k), 403(b), 457(b), 457(f)), and health and welfare employee benefit programs, for union and non-union employees. Assures compliance with all applicable state and federal regulations. Responsibilities include recommending programs, preparing bid specifications, and reviewing contracts, explaining benefits and assisting in the business development and planning processes with service providers. Compiles, analyzes and reports data; includes employee benefit plans and financials for strategic benefits planning and evaluation, best practices and benchmark surveys. This position will serve as a SME that can manage and address complex benefits and issues for both Retirement and Health and Welfare employee benefit plans as well as mentor and train benefits staff.

Job Duties:

• Monitors plan limits, eligibility, and other restrictions on plan participation to ensure compliance with both plan provisions and government requirements (5500’s, audits, etc).
• Assist in implementation, transition and administration of new and current benefit programs and vendors including administrative procedures, legal and compliance documents, form creation and maintenance and documentation of processes, both internally and with external vendors.
• Develop costs by plan and provide recommendations for enhancements and changes to existing programs that are consistent with benefit objectives and strategies.
• Analyzes participation and utilization for all benefits and uses data to monitor trends, recommend plan design changes, educational initiatives, benefit plan changes, vendor changes, cost-sharing, etc.
• Researches and responds to complex questions from employees, HR, and leaders regarding interpretation of benefits plans, including eligibility, covered services and exclusions.
• Collaborates with manager, Benefits Analyst and HR Technology on system setups and testing for Retirement Plan administration, Open Enrollment, employee enrollments, COBRA, terminations, changes, beneficiaries, disability, accident and death claims, etc.
• Develops, conducts and 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.
• Prepares bid specifications, analyze proposals and renewal information, and interprets insurance carrier and vendor contracts.
• Oversees Plan Audits; employee data auditing and reporting.
• Research current benefit trends and regulatory and legislated requirements and recommends programs and changes to the Director.
• Stay apprised of all legal and legislative changes as they pertain to our benefit plans Oversees the analysis and reports benefit data for employee benefit planning and financials for Benefit's strategic planning and evaluation, best practices and benchmark surveys.
• Mentors and trains benefits staff
• Manage vendor relationships to include ensuring we’re meeting performance guarantees and service level agreements, holding frequent check-in and service meetings.
• Leads and participates in project teams as a benefits advisor.

Work is typically performed in an office environment. Accountable for satisfying all job specific obligations and complying with all organization policies and procedures. The specific statements in this profile are not intended to be all-inclusive. They represent typical elements considered necessary to successfully perform the job.

Position Details:

Education:

Bachelor's Degree- (Required)

Experience:

Minimum of 5 years-Human Resources (Required)

Certification(s) and License(s):

Skills:

Teamwork, Working Independently

OUR PURPOSE & VALUES: Everything we do is about caring for our patients, our members, our students, our Geisinger family and our communities.

• KINDNESS: We strive to treat everyone as we would hope to be treated ourselves.
• EXCELLENCE: We treasure colleagues who humbly strive for excellence.
• LEARNING: We share our knowledge with the best and brightest to better prepare the caregivers for tomorrow.
• INNOVATION : We constantly seek new and better ways to care for our patients, our members, our community, and the nation.
• SAFETY: We provide a safe environment for our patients and members and the Geisinger family.

We offer healthcare benefits for full time and part time positions from day one, including vision, dental and domestic partners. Perhaps just as important, we encourage an atmosphere of collaboration, cooperation and collegiality.

We know that a diverse workforce with unique experiences and backgrounds makes our team stronger. Our patients, members and community come from a wide variety of backgrounds, and it takes a diverse workforce to make better health easier for all. We are proud to be an affirmative action, equal opportunity employer and all qualified applicants will receive consideration for employment regardless to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or status as a protected veteran.