Benefits Analyst

Mortgage Guaranty Insurance Corporation • Milwaukee, WI

5d

About The Position

The Benefits Analyst supports the development, implementation, and administration of corporate employee and retiree benefit plans. The role covers plan design, legal compliance, system functionality, plan enhancements, communications, and vendor management. The analyst also responds to employee inquiries and supports health, leave, and retirement plan administration.

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 how benefits decisions affect the corporation and employees.
• Strong organizational skills to coordinate multiple responsibilities simultaneously.
• Strong analytical skills.
• Ability to learn and apply new technologies.
• Ability to prioritize effectively.
• Effective communication skills and ability to collaborate across teams.
• Proficiency with Microsoft Office Suite.
• Proactive approach and demonstrated decision-making ability.

Responsibilities

• Assist with research, analysis, development, implementation, and administration of health benefit plans.
• Review legal requirements, expenses, and employee impact, and make recommendations to management about plan changes.
• Serve as the primary contact and resource for employee leaves of absence, including disability and FML; provide direction to vendors, counsel employees about pay and job status, and direct Payroll regarding payments and key dates.
• Maintain benefit-plan system functionality, ensure accurate vendor feeds, and work with HRIS to load information into Workday.
• Under management direction, monitor regulatory and legal compliance for employee benefit plans and wellness programs, including ERISA, COBRA, HIPAA, and annual federal filings, and complete related compliance activities.
• Along with the Senior Benefits Analyst, administer the retirement plans.
• Work with internal and external auditors on annual audits and compliance with SOX controls.
• Develop and manage employee benefits communications with internal and external partners.
• Monitor benefit trends by participating in industry meetings, conferences, and webinars and researching publications and websites.
• Respond to employee inquiries and, when appropriate, liaise with the medical plan vendor (UHC), ensure the plan is working, and escalate issues.

Benefits

• Competitive salary and pay-for-performance bonus.
• 401(k) with company match.
• Profit sharing.
• Health savings account (HSA).
• Wellness program.
• On-site fitness center and classes at the corporate office.
• Paid time off.
• Paid company holidays.
• Business casual dress.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed