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Benefits Administrator

4 weeks ago

Salt Lake, Utah, United States Myriad Genetics Full time
Job Summary

We are seeking a skilled Benefits Specialist to join our People (Human Resources) Team at Myriad Genetics. The ideal candidate will be responsible for day-to-day benefits administration, employee support, and benefits-related inquiries. This role requires a strong understanding of benefit-related regulations and comprehensive knowledge of health, welfare, and retirement benefit programs.

Key Responsibilities
  • Assist in the administration of all benefits, including Medical, Dental, Vision, FSA/HSA, 401(k), Commuter, Life Insurance, Disability, Time off, and Leave of Absence.
  • Perform monthly/weekly invoice reconciliation to ensure benefit elections align with carrier invoices, HRIS, and payroll deductions.
  • Respond to benefits-related inquiries and provide support to employees.
  • Support annual open enrollment activities, including data validation, review of communication material/content, and system readiness.
  • Conduct routine audits to ensure accuracy between the benefits system, payroll system, and carrier records.
  • Maintain documentation for various benefits processes and plan documents.
  • Perform COBRA reconciliation and verify correct reimbursement from TPA.
  • Monitor and resolve discrepancies within electronic file feeds between insurance carriers and HRIS systems.
  • Upload reports to carrier websites as required.
  • Monitor open enrollment and life event processes within HRIS and identify issues for resolution.
  • Assist in organizing benefits and wellness events.
  • Provide written verification of insurance coverage when needed.
  • Support new hire onboarding as necessary.
  • Continuously seek opportunities to streamline, improve, and optimize benefits processes.
  • Collaborate effectively with Payroll, HR Operations, HRBPs, IT, and other internal stakeholders.
  • Remain up-to-date with changes and developments in benefit programs and regulations.
  • Ensure compliance with all relevant laws and regulations.

Requirements
  • Bachelor's Degree or equivalent professional experience.
  • Minimum of 2 years of experience in Benefits or related work in a fast-growing organization.
  • Ability to maintain confidentiality in handling sensitive HR information.
  • Proficiency in Microsoft Office applications.
  • Familiarity with various databases.
  • Strong organizational, interpersonal, communication, and problem-solving skills.
  • Ability to work collaboratively with diverse teams and adapt to different situations.
  • Thorough understanding of benefit-related regulations and comprehensive knowledge of health, welfare, and retirement benefit programs.
  • Excellent time management skills with meticulous attention to detail.

Physical Requirements
Lifting Requirements - light work or exerting up to 20 pounds of force frequently. Physical Requirements - stationary positioning, moving, operating, ascending/descending, communicating, observing, pushing or pulling, and reaching. Use of equipment and tools necessary to perform essential job functions.

EEO
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. In hiring and all other employment decisions, we prohibit discrimination and harassment on the basis of any protected characteristic, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.