Analyst, Employee Benefits

Trane Technologies • Davidson, NC

11d • $75,000 - $85,000 • Hybrid

About The Position

At Trane TechnologiesTM and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what's possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go. What's in it for you: Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient environments, it's our responsibility to put the planet first. For us at Trane Technologies, sustainability is not just how we do business —it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world. Thrive at work and at home: Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE! Family building benefits include fertility coverage and adoption/surrogacy assistance. 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution. Paid time off, including in support of volunteer and parental leave needs. Educational and training opportunities through company programs along with tuition assistance and student debt support. Learn more about our benefits here ! Where is the work: From Monday to Thursday, work onsite with your colleagues. On Fridays, choose your work location, balancing what your work requires What you will do: We are looking for a Financial Analyst, Employee Benefits who would be part of our Global Benefits team. This person would practice in the areas of Employee Benefits and provide broader support to the Total Rewards Teams as follows: Manage the U.S. Health & Welfare data warehouse with Merative and direct data analytics to identify and report on trends, concerns and opportunities. 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.

Requirements

• 5+ years of benefits, finance and/or analytics related experience.
• Bachelor degree required.
• Excellent quantitative and analytics skills.
• 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 team-oriented and fun but fast-paced environment.

Nice To Haves

• Healthcare experience 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.
• 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.

Benefits

• Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE!
• Family building benefits include fertility coverage and adoption/surrogacy assistance.
• 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
• Paid time off, including in support of volunteer and parental leave needs.
• Educational and training opportunities through company programs along with tuition assistance and student debt support.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees