Analyst, Employee Benefits

Trane Italia•Davidson, NC

28d•Hybrid

About The Position

Trane Technologies, a global leader in sustainable climate solutions for buildings, homes, and transportation, is seeking a Financial Analyst, Employee Benefits. This role is part of the Global Benefits team and provides broader support to the Total Rewards Teams. The company is committed to putting the planet first and encourages employees to contribute to a sustainable future. They offer a supportive and inclusive culture with benefits designed for employee well-being, growth opportunities, and work-life balance.

Requirements

Excellent quantitative and analytics skills.
5+ years of benefits, finance, and/or analytics related experience.
Bachelor degree required.
Strong attention to detail and organizational skills.
Demonstrated leadership in managing multiple priorities while consistently meeting aggressive and time-sensitive deadlines.
Must be a proactive, forward-thinking and demonstrate initiative.
Must be able to work in a collaborative and fun but challenging environment.

Nice To Haves

Experience with healthcare claims administration from the administrative provider or service provider is strongly preferred.

Responsibilities

Manage the U.S. Health & Welfare data warehouse with Merative and direct data analytics to identify and report on trends, concerns, and opportunities.
Significant emphasis will be on predictive analytics leveraging medical claims data to forecast care management needs, identify care management opportunities, and highlight developing trends.
Work with U.S. Benefits Leader to manage underwriting efforts to develop equivalent premium rates, COBRA rates, and employee contribution rates for our self-insured benefit offerings.
Oversee the U.S. Health &Welfare annual operating plan (AOP) guidance and budget process.
Manage the U.S. and Global Benefits vendor’s financial/billing processes including purchase order creation, invoice reviews/approvals, and cost center allocations in partnership with HR Finance.
Manage the Total Rewards end-to-end budget processes, including monthly accrual processes and milestone financial forecast updates.
Provide financial and quantitative analytics in support Global Benefits and Total Rewards initiatives, including financial modeling in support of potential benefit design changes, as well as vendor contracting and billing, and assessment of program ROI.
Provide analytic support for global Wellness offerings and assessment, including development of program measurement and tracking protocols utilizing the Wellness employee engagement platform.