Senior Benefits Analyst

7 days ago

Boston, United States Wellington Management Company, LLP Full time
About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

The Position

The Senior Benefits Analyst/Lead will be responsible for managing and analyzing our US benefits programs. This role requires extensive experience with Workday, advanced proficiency in Microsoft Excel. The ideal candidate will have 5+ years of experience in benefits administration and a deep understanding of US benefits regulations and best practices.

Key Responsibilities
  • Assist with design, implementation, and day-to-day administration of benefit programs, including health & welfare benefit plans, 401(k) plan, and other employee services.
  • Support annual benefits open enrollment planning and execution. Help develop effective communication strategy to educate and reach diverse employee population.
  • Advise and counsel employees and dependents on day-to-day benefit-related questions (via email, phone, walk-ups, and drop-in sessions).
  • Partner with finance, payroll, HRIS, legal, and vendors to effectively and efficiently perform all aspects of benefit program management, including ensuring accuracy of benefit deductions and streamlining current processes and procedures to ensure proper data flow to relevant parties.
  • Keep abreast of policies, legislative changes, and legal requirements, such as ERISA, HIPAA, and the Affordable Care Act to assist with plan compliance efforts.
  • Conduct thorough analysis of benefits data to identify trends, cost-saving opportunities, and areas for improvement.
  • Create and present dashboards and reports to provide insights to senior management.
  • Ensure compliance with all federal and state regulations related to employee benefits.
Qualifications
  • Bachelor's degree in Human Resources, Business Administration, or a related field.
  • 5+ years of experience in benefits administration, with a focus on US benefits.
  • Extensive experience with Workday benefits module.
  • Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data analysis.
  • Experience creating dashboards and reports i.e. Tableau/PowerBI.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Detail-oriented with strong organizational skills.
Preferred qualifications
  • Certification in Benefits Administration (e.g., CEBS, CBP).
  • Experience with other HRIS systems, preferably Workday.
Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com .

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry.We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 65,000 - 150,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

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