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Sr. Benefits Analyst
2 weeks ago
As a Senior Benefits Analyst with Burlington, you'll support the day-to-day administration and compliance of the health & welfare and 401(k) retirement programs. This role will serve as the subject matter expert for the 401(k) plan, be the primary support for compliance related tasks including but not limited to external and inter audits, required filings, testing and reporting and benefit plan funding and payments to vendors.
A Day In The Life
Benefits Enrollment, Audits and Reporting
- Proactively data mining the benefits enrollment information in the HRIS system, identifying inconsistencies & eligibility concerns where further research or enrollment/de-enrollment is needed
- Conducts audits of enrollments with benefit vendors to ensure data integrity between systems
- Has a strong understanding of benefits data integrations with carriers & consistently audits the transfer of information to the vendors
- Assists in the execution of the open enrollment configuration and testing
- Maintain process documentation and audit controls
- Experienced in preparing and submitting compliance reports including but not limited to ACA filings, 5500 filings and non-discrimination testing
- Assists with the modeling and costing of plan related changes
- Collaborates with brokers and vendors on benefit renewals and escalations
- Owns benefit programs billing/invoicing
- Ensure timely and accurate payment of invoices, track variances and resolve discrepancies utilizing Workday reports and collaborating with Finance/AP
- Conduct audit of payroll benefit deductions and ensuring associate benefit deductions for 401(k), HSA & FSAs are transmitted timely and accurately to vendors
- Coordinates annual plan audit with internal and external auditors
- Auditing data with record-keeper to identify discrepancies and rectifying records
- Manage the annual company match contribution process
- Participate in regular record-keeper and consultant calls as the SME
- 3+ years of benefits experience with in-house administration
- Strong 401(k) knowledge preferred
- Experience working within an HR System,Workday experience preferred
- Proficiency with Microsoft Office products including Excel, PowerPoint and Word
- Excellent communications skills
- Strong analytical skills and financial acumen
- Proactive, solution-oriented and comfortable working independently while contributing to a collaborative team environment
- Understanding of federal, state and local regulations including ERISA, ACA, COBRA and HIPAA
#LI-KG2
Come join our team. You're going to like it here
You will enjoy competitive wages, flexible hours, and an associate discount. Burlington's benefits package includes medical, dental and vision coverage including life and disability insurance. Full-time associates are also eligible for paid time off, paid holidays and a 401(k) plan. We are a rapidly growing brand and provide a variety of training and development opportunities so our associates can grow with us. Our teams work hard and have fun together Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day. Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity.
Individual pay decisions will be based on a variety of factors, such as but not limited to, qualifications, education, job-related skills, relevant experience, and geographic location.
Min-Mid $80,000.00 - $105,000.00
Posting Number R101566
Location New Jersey-Burlington
Address 2006 Route 130 North
Zip Code 08016
Pay Rate Salaried
Career Site Category Corporate
Position Category Human Resources
Job Type Full-Time
Remote Type Hybrid
Evergreen No
