Senior Benefits Analyst

Ilitch Holdings Inc.; Detroit (MI); On-site; USD 60,000 - 95,000; Full time

Job summary

An established industry player is seeking a Senior Benefits Analyst to join their dynamic team. This role involves administering health and welfare benefits programs while ensuring compliance with federal and state regulations. The ideal candidate will excel in analytical and communication skills, providing support for various benefit-related tasks and collaborating with multiple departments. This position offers the chance to make a meaningful impact on employee benefits and enhance organizational efficiency. If you are passionate about benefits administration and thrive in a fast-paced environment, this opportunity is perfect for you.

Qualifications

• 5-7 years of experience in benefits processes.
• Knowledge of ERISA, HIPAA, COBRA, and FMLA compliance.

Responsibilities

• Administer health and welfare benefits programs independently.
• Collaborate with HRIS for ACA compliance and data validation.
• Prepare communication materials and conduct benefits audits.

Skills

Analytical Skills

Communication Skills

Customer Service

Organizational Skills

Problem-Solving Skills

Confidentiality

Education

Bachelor’s degree in Human Resources

Bachelor’s degree in Business Administration

Tools

Workday

MS Office

Job description

The Senior Benefits Analyst is responsible for working side by side with the Company’s benefits team to administer and communicate the Company’s benefit plans effectively, efficiently and within federal and state guidelines. The Senior Benefits Analyst will also assist the team with any other benefit related tasks as needed.

Key Responsibilities:

1. Operate independently to administer the companies’ health and welfare benefits programs (health/dental care, disability, life insurance, spending accounts, COBRA) in compliance with plan documents and contracts.
2. Identify, research, initiate and implement opportunities for process improvement and create process flows to optimize streamlining and efficiency.
3. Collaborate with Benefits Manager, IT & HRIS in leading annual Open Enrollment process and year-end activities.
4. Manage benefit issues and appeal process for benefits issues in a timely and efficient manner to ensure fairness and compliance.
5. Prepare communication materials as needed, including periodic benefits updates and benefit presentations for HR and supervisors.
6. Perform various benefits audits as needed.
7. Maintain and develop relationships with third party administrators, insurers, and other vendors and review/reconcile vendor discrepancy reports and conduct benefit audits as required.
8. Collaborate with HRIS to lead ACA configuration and setup in Workday annually, perform data validation to ensure ACA 1094 and 1095-C IRS filings are correct and in compliance, and perform ongoing ACA maintenance in Workday to ensure the company remains compliant with offering 95% coverage.
9. Ensure and maintain the company’s compliance with state and federal laws.
10. Support other benefit department initiatives and programs as needed.
11. Maintain Benefit’s external web site and intranet site with the most up-to-date benefits information, documents and materials.
12. Perform other related essential duties as assigned or requested.

Required Knowledge, Skills and Abilities:

1. Knowledge of state and federal laws and regulations which govern health and retirement benefits.
2. In-depth understanding of state and local laws governing leave such as ERISA, HIPAA, COBRA, and FMLA to ensure compliance.
3. Excellent analytical skills to research and evaluate benefits programs to make informed choices.
4. Ability to effectively communicate with all levels of the organization.
5. Ability to maintain confidentiality of sensitive and personal information of colleagues.
6. Ability to cultivate trusting, professional, and respectful relationships.
7. Excellent customer service, organizational, and interpersonal skills.
8. Strong written and oral communication skills to effectively disseminate information.
9. Proficient with MS Office products including Outlook, Word, Excel, PowerPoint, etc.
10. Demonstrated ability to address multiple priorities in a fast-paced environment.
11. Exceptional problem-solving skills with consistent follow-through.

Education and Work Experience:

1. Bachelor’s degree in Human Resources or Business Administration.
2. 5-7 years of proven work experience in benefits processes.
3. 1-2 years of proven work experience in Workday benefits module.

All items listed above are illustrative and not comprehensive. They are not contractual in nature and are subject to change at the discretion of Ilitch Holdings, Inc.

Ilitch Holdings, Inc. is an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regards to that individual’s race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender identity, age, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law.
The Company will strive to provide reasonable accommodations to permit qualified applicants who have a need for an accommodation to participate in the hiring process (e.g., accommodations for a job interview) if so requested.
This company participates in E-Verify. Click on any of the links below to view or print the full poster. E-Verify and Right to Work.