Senior Benefits Strategist

Principal International; Des Moines (IA); Hybrid; USD 56,000 - 101,000; Full time

Benefits offered by this job

Pension eligibility

Flexible Time Off

Hybrid work model

Job summary

Principal Asset Management is seeking a Sr. Benefits Analyst to support the HR Payroll and Shared Services team, focusing on benefits administration, design, compliance, and continuous improvement across health, life, disability, retirement, wellness, PTO, and stock programs.

You will handle enrollment, testing, and complex benefit scenarios while partnering with vendors and business units to ensure accurate plan administration and efficient processes.

Qualifications

• Bachelor’s degree or equivalent experience, plus 3+ years of related human resources or employee benefits experience.
• Strong working knowledge of employee benefits, including health, life, disability, retirement, wellness, PTO, employee stock purchase programs, annual enrollment, eligibility, contributions, subsidies, and /or benefit operations.
• Ability to interpret benefit plan provisions and policies and apply them to complex or unusual employee and retiree situations.
• Strong analytical and advanced spreadsheet skills, with the ability to manage complex assignments, maintain a high degree of accuracy and confidentiality, and meet tight deadlines.
• Strong communication, relationship‑building, and customer service skills, with the ability to effectively partner across HR, Finance, business units, corporate functions, vendors, employees, retirees, and leaders.

Responsibilities

• Support annual enrollment, user acceptance testing, administrative changes, and complex employee, agent, and retiree benefit situations.
• Monitor benefit programs and administrative procedures for compliance with legal and regulatory requirements.
• Partner with benefit vendors to resolve operational issues, coordinate implementations and administrative changes, and ensure accurate plan administration.
• Process billings and invoices, support reconciliation projects, and analyze benefit data and reports related to claims, contributions, company subsidies, demographics, and stock usage.

Skills

Analytical skills

Advanced Excel

Benefits knowledge

Communication

Vendor management

Education

Bachelor's degree or equivalent experience

Tools

Benefits software

Microsoft Excel

Job description

Principal Asset Management is seeking a Sr. Benefits Analyst to support the HR Payroll and Shared Services team, focusing on benefits administration, design, compliance, and continuous improvement across health, life, disability, retirement, wellness, PTO, and stock programs.

You will handle enrollment, testing, and complex benefit scenarios while partnering with vendors and business units to ensure accurate plan administration and efficient processes.