Benefits Analyst III
1 week ago
Benefits Analyst III
BCforward is currently seeking a highly motivatedBenefits Analyst III for an opportunity.
Position Title: Benefits Analyst III
Location: Remote
Expected Duration: 5 Months Contract
Job Type: Full Time 40 Hours Contract, Remote
Job Summary:
The Benefits Analyst III is responsible for the development, communication, implementation and administration of the health and welfare/cafeteria plan (health, dental, vision, disability, life, flexible spending accounts) and wellness, time off and COBRA programs.
Essential Functions:
- Must be knowledgeable of 401(k) retirement and disability/leave management plans and programs
- Evaluate and compare existing company benefits to other regional and same-industry employers to ensure benefits package remains competitive
- Recommend new or modified plans. Work with insurance broker to obtain bids. Evaluate quotes and make recommendations to management.
- Participate in annual health and welfare benefits renewal planning. Evaluate changes, develop cost information for new or changed plans and make recommendation to management on cost sharing between employer and employee
- Ensure the development and execution of administrative policies and amendments governing employee benefit plans that are in compliance with state and federal regulations
- Develop/revise benefits communication materials
- Collaborate with carrier to ensure enrollment system accurately reflects changes
- Manage entire enrollment process
- Counsel employees and managers on policies, procedures, and benefit offerings by providing accurate and legal information that acts in the best interest of the company
- Collect, assess, and report on program participation and costs
- Partner with benefit carriers to assure process improvement and delivery of plans and programs
- Leverage knowledge to support benefits initiatives
- Act as mentor for Associate Benefit Analyst and Benefit Analyst roles
- Assist in the benefits portion of the new hire orientation program
- Maintain accurate benefit files and records
- Perform any other job duties as requested
Education and Experience:
- Bachelor's degree or equivalent experience in HR or Management required
- Minimum of five (5) years of experience in employee benefits with solid working knowledge of health & welfare, defined contribution, disability and leave programs
Competencies, Knowledge, and Skills:
- Proficiency in Microsoft Office
- Strong HRIS skills preferred
- Ability to plan and evaluate programs
- Ability to develop, plan and implement short and long-range goals
- Ability to analyze problems and develop creative solutions to benefit issues
- Ability to make administrative/procedural decisions and judgments
- Good written, oral, and interpersonal communications skills
- Decision making and problem-solving resolution skills
- Ability to work independently
- Knowledge of benefits-related laws, regulations, principles, methods, and techniques
- Knowledge and application of customer service standards and procedures
- Strong attention to detail
- Critical listening and thinking skills
- Ability to negotiate and manage contractual arrangements
- Ability to work in a team environment and to foster cooperative team relationships.
Benefits:
BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.
About BCforward:
Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.
BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.
BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.
To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our
Privacy Notice and CCPA Addendum . As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.
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