Benefits Analyst - (Investment Corporation) - Morris Plains NJ

Atlantic Health System • Morris Plains, NJ

97d

About The Position

We are seeking a proactive and experienced Benefits Analyst to establish and manage our comprehensive employee benefits program. As our first dedicated benefits specialist, you will play a critical role in designing, implementing, and administering competitive and compliant benefits packages that attract and retain top talent. You will be the subject matter expert on all benefits-related matters, ensuring a seamless and positive experience for our employees.

Requirements

• Bachelor's degree in Business, Human Resources, Finance or related field.

Nice To Haves

• 5 years of experience in employee benefits administration, with a strong understanding of 401(k) plans.
• SHRM-CP/SCP or CEBS certification preferred.
• Proven ability to implement and manage comprehensive benefits programs.
• Strong knowledge of ERISA, HIPAA, ACA, and other relevant regulations.
• Excellent communication, presentation, and interpersonal skills.
• Strong analytical and problem-solving skills.
• Proficient in 1 HRIS and benefits administration systems.
• Familiar with ADP application.
• Ability to work independently and as part of a team.
• Excellent organizational and time management skills.

Responsibilities

• Oversee the administration of all employee benefits programs, including health, dental, vision, life insurance, disability, and retirement plans (401k).
• Manage the day-to-day operations of the benefits plans, ensuring compliance with federal and state regulations.
• Serve as the primary point of contact for employees regarding benefits inquiries, providing exceptional customer service and support.
• Liaise with benefits providers and vendors to ensure optimal service delivery and resolve any issues that arise.
• Coordinate and manage the annual benefits enrollment process, including the development of communication materials and conducting informational sessions for employees.
• Analyze benefits data to identify trends, make recommendations for improvements, and ensure cost-effectiveness.
• Ensure all benefits programs comply with applicable laws and regulations, including ERISA, HIPAA, and ACA.
• Prepare and present regular reports on benefits utilization, costs, and trends to the HR Manager and senior leadership.
• Assist in the development and implementation of benefits policies and procedures.
• Develop and deliver training programs to educate employees about their benefit options and how to maximize their use.
• Break out invoices to bill cost centers each month.
• Create and upload 401k file.
• Manage various employee leaves, track, and communicate with cost centers.
• Enter new hires, update addresses, and rate changes.
• Track and respond to inquiries from the state regarding unemployment/disability requests.

What This Job Offers

• Industry: Ambulatory Health Care Services
• Education Level: Bachelor's degree