Benefits Analyst

MGIC•Milwaukee, WI

12d•$71,720 - $118,340

About The Position

At MGIC, the Benefits Analyst supports the development, implementation, and administration of corporate employee and retiree benefit plans. The role contributes to plan design, legal compliance, system functionality, plan enhancements, communications, and vendor management. The analyst supports health and retirement plan administration, handles co-worker inquiries and leaves of absence, maintains benefit system functionality and vendor data feeds, and helps monitor compliance with applicable laws and regulations. The position also works with internal and external partners on audits, communications, and benefit-plan issues.

Requirements

More than 3 years of work experience in a human resources environment.
Ability to identify problematic issues, research them, and follow through to resolution.
Ability to discuss sensitive issues with employees.
Understanding of the impact of benefits decisions on the corporation and employees.
Strong organizational skills to coordinate multiple responsibilities simultaneously.
Strong analytical skills.
Demonstrated ability to learn and apply new technologies.
Ability to prioritize effectively.
Effective communication skills and ability to collaborate across teams.
Proficiency with the MS Office Suite.
Proactive approach and demonstrated decision-making ability.

Responsibilities

Assist with researching, analyzing, developing, implementing, and administering health benefit plans; review legalities, expenses, and co-worker impact, and recommend changes to management.
Serve as the primary contact and resource for co-worker leaves of absence, including disability and FML; direct vendors, counsel co-workers on pay and job status, and direct Payroll regarding payments and key dates.
Maintain benefit-plan system functionality, ensure accurate feeds to vendors, and work with HRIS to load information to Workday.
Under management direction, monitor regulatory and legal compliance for co-worker benefit plans and wellness programs, including ERISA, COBRA, HIPAA, and annual federal filings, and complete required compliance activities.
Along with the Senior Benefits Analyst, administer retirement plans.
Work with internal and external auditors on annual audits and adherence to SOX controls.
Develop and manage employee benefits communication materials with internal and external partners.
Monitor benefit trends by participating in industry meetings, conferences, and webinars and researching publications and websites.
Respond to co-worker inquiries and act as a liaison between co-workers and the medical plan vendor, UHC, when appropriate, ensuring the plan is working and escalating issues.