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Senior Benefits Analyst

2 months ago

Baton Rouge, Louisiana, United States Franciscan Missionaries of Our Lady Health System Full time
Job Overview

The Senior Benefits Analyst plays a crucial role in the execution and management of comprehensive benefits programs. This position emphasizes data analytics concerning the employee demographic, ensuring compliance with regulatory standards and healthcare legislation. The analyst oversees data management and analysis pertinent to the Benefits Center of Excellence (COE), evaluating each employee's eligibility for ACA coverage and other benefits-related initiatives to assess their impact, costs, and the number of individuals affected within the organization. This role also supports the resolution of compliance and regulatory challenges through detailed reporting and data examination.

Key Responsibilities

  1. Benefits Program Management and Operations
    1. Develops, maintains, and supports various reports or queries using suitable reporting tools. Aids in creating standard reports for continuous analysis and ensures data integrity by running queries and reviewing data.
    2. Guarantees timely and compliant eligibility for employees who qualify for coverage and ensures timely ineligibility for those who no longer qualify.
    3. Creates communication and enrollment strategies for employees to meet various notification and reporting obligations.
    4. Utilizes necessary data to track and reconcile with governmental entities for employees opting for Public Exchange.
    5. Assists in creating self-service tools for benefits and implements a company-wide benefits enrollment process, including training the HR Performance Team on updates.
    6. Integrates automated time and labor management systems, payroll services, and benefits administration to manage assigned hours, aiding HR leaders in identifying workforce management opportunities and minimizing healthcare costs and federal penalties.
    7. Generates specialized reports as required to fulfill management requests and actively engages in reporting efforts related to benefits programs.
  2. Collaboration and Relationship Management
    1. Produces specialized reports as necessary to meet management requests and actively engages in reporting related to benefits programs.
    2. Acts as a liaison with other HR functions and internal/external stakeholders, addressing complex inquiries and providing training on employee benefits as needed. Maintains effective communication with other HR departments.
    3. Facilitates benefits training and education by delivering presentations as required.
    4. Promotes positive communication and interpersonal relationships with Shared Services staff, affiliate HR departments, employees, vendors, and the public, fostering a proactive image of the department.
  3. Quality Assurance and Improvement
    1. Proposes enhancements to processes and customer service, innovative solutions, policy modifications, and significant deviations from established policies that require approval from appropriate leadership prior to implementation.
    2. Monitors self-service tools and supports HRIS improvement initiatives.
    3. Participates in the annual review of all relevant benefit policies to ensure accuracy and alignment with the overall benefits and total rewards strategy.
    4. Monitors applicable regulations and maintains records to ensure compliance with all federal and state requirements.
    5. Collaborates with vendors to identify issues and develop solutions to complex challenges.
  4. Additional Responsibilities
    1. Assists the HR team with various projects as assigned.
Qualifications

Experience: Minimum of 4 years in benefits-related roles

Education: Bachelor's Degree

Skills: Advanced analytical capabilities; Proficient in MS Office Suite, data input and extraction, and report preparation across various computer systems. Strong verbal and written communication skills; Attention to detail and accuracy; Excellent organizational and time management abilities; Strong multitasking skills.