Benefits Analyst - Onsite

Newrez LLC•Coppell, TX

22h•Onsite

About The Position

The Benefits Analyst supports the administration and coordination of employee benefit programs, including health, dental, vision, life insurance, disability, retirement plans, and wellness initiatives. This role ensures accurate data management, billing, reconciliations, and provides operational support to both the benefits and leave teams. The Benefits Analyst plays a key role in maintaining compliance, enhancing employee experience, and ensuring the smooth execution of benefit-related processes.

Requirements

Bachelor’s degree in human resources, Business Administration, or related field preferred.
2-4 years of experience in benefits administration or Human Resources Operations.
Proficiency in HRIS platforms (e.g., Workday, ADP, UKG, SAP SuccessFactors).
Strong Excel skills: experience with reporting tools.
Knowledge of benefits compliance and regulatory requirements.
Excellent communication, organizational, and problem-solving skills.
Ability to manage sensitive information with discretion and professionalism.
Strong organization skills: ability to effectively prioritize workflow from multiple sources.
Able to collaborate effectively with team and other departments as needed.
Ability to multi-task, work with a sense of urgency and flex to the work style of others.
High learning agility; strong initiative; self-starter with a positive attitude.
Experience with benefit administration platforms; working knowledge of Workday preferred.

Responsibilities

Process all invoices related to benefits and leave of absence.
Monthly vendor scorecard maintenance.
Maintain monthly benefits reporting.
Reconcile monthly benefit invoices and resolve discrepancies with carriers and vendors.
Assist with annual open enrollment communications, system testing, and post-enrollment audits.
Per pay period reconciliation with payroll to ensure accurate benefit deductions and adjustments.
Support leave of absence specialists.
Ensure compliance with federal and state regulations (HIPAA, COBRA, ACA, ERISA).
Assist with wellness program coordination and employee engagement initiatives.
Participate in audits and provide documentation as needed.
Assist with employee questions regarding benefits as needed.
Evaluate and analyze employee benefits programs to ensure they are effective, competitive, and compliant with regulations.
Analyze the cost and effectiveness of various benefit plans.
Performs related duties as assigned by management.