Sr. Benefits Analyst
1 month ago
Title: Sr. Benefits Analyst
Location: Fountain Valley, CA 92708
Duration: 6+ months
Compensation: $30.00-$37.50/hour
Work Requirements: US Citizen, GC Holders or Authorized to Work in the U.S.
Skillset / Experience:
The Senior Benefits Analyst position is responsible for directing and planning the day-to-day operations of group benefits programs (group health, dental, vision, short-term and long-term disability, leaves of absence, worker's compensation, life insurance, flexible spending plan, retirement plans, wellness initiatives, etc.).
This position provides excellent customer service and designs quality benefits plans. The administrator continually investigates new benefits programs, improves existing programs, and supervises and monitors benefits administration.
Job Responsibilities:
Research employee benefits plans and vendors to identify those that present the best value.
Negotiate with vendors and administrators for best plans, options, and rates in coordination with HR management.
Serve as primary contact for plan vendors and third-party administrators. Coordinate transfer of data to external contacts for services, premiums, and plan administration.
Evaluate and revise internal processes to reduce costs and increase efficiency.
Document and maintain administrative procedures for assigned benefits processes.
Ensure compliance with applicable government regulations.
Ensure timeliness and accuracy of required reporting and fees.
Coordinate daily benefits processing.
Handle enrollments, terminations, and changes.
Oversee maintenance of employee benefits files, maintain group benefits database and update employee payroll records.
Oversee company retirement plan (401(k)) including monitoring investment options.
Gather employee data and oversee the processing of monthly billings and the preparation of payment of administrative fees for all group plans.
Analyze current benefits, evaluating the use, services, coverage, effectiveness, cost, plan experience and competitive trends in benefits programs, and identify the company's stance.
Perform plan audits. prepare, collect, and organize data for actuarial assessments.
Review data in conjunction with actuarial evaluation task forces.
Monitor administrative costs of benefits programs and recommend cost containment strategies, including alternative methods for administration and funding.
Prepare budgetary recommendations and assist in the monitoring, verifying, and reconciling of budgeted funds. Provide customer service support to internal and external customers.
Develop communication tools to enhance understanding of the company's benefits package. Design and distribute materials for benefits orientation, open enrollment, and summary plans.
Provide training and support to group associates and the field staff.
Conduct various internal compliance audits.
Conduct new hire orientation.
Coordinate training program enrollment-record and track all training requests submitted or taken via on-line providers.
Work with 3rd party vendor to record all training for state grant.
Oversee and administer all leave requests and accommodations requiring specialized attention, particularly those arising under the family and medical leave act (FMLA), the Americans with Disabilities Act (ADA), state and local leave laws, and short-term or long-term disability plans.
Responsible for guiding clients in achieving their wellness and healthy lifestyle goals by creating fitness training and programs according to clients' needs and concerns.
Required Skills, Attributes & Education:
Bachelor’s degree in human resource or related field preferred
5+ years of related benefits or employee benefits administration experience including managing of broker relationships, plan selection, and negotiations processes.
Knowledge of local healthcare vendor/plan industry preferred.
Knowledge of state and federal employment compliance law and guidelines required.
1-2 years of experience hands on compliance responsibility. Knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs, including the ACA, ERISA, Cobra, FMLA, ADA, Section 125, Workers' Compensation, Medicare, Cobra, and Social Security and DOL requirements.
Knowledge of HIPAA rules and regulations surrounding wellness programs preferred.
Excellent communication and organization skills.
Proven ability to work effectively in a team environment with associates.
Proficiency with Microsoft applications including but not limited to Excel, Outlook, PowerPoint and Access.
Experience in applicable SAP database programs a plus.
Effective planning and priority setting.
Ability to manage several complex projects simultaneously while working under pressure to meet deadlines.
Strong analytical skills and a thorough knowledge of plan designs.
Knowledge of benefits contract language.
Our benefits package includes:
- medical benefits
- pay, 401(k)
- plan
- much more
About INSPYR Solutions
Technology is our focus and quality is our commitment. As a national expert in delivering flexible technology and talent solutions, we strategically align industry and technical expertise with our clients’ business objectives and cultural needs. Our solutions are tailored to each client and include a wide variety of professional services, project, and talent solutions. By always striving for excellence and focusing on the human aspect of our business, we work seamlessly with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.com.
INSPYR Solutions provides Equal Employment Opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, INSPYR Solutions complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
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