Benefits Analyst

QinetiQ US•Lorton, VA

14d

About The Position

QinetiQ is looking for a Benefits Analyst to support our Lorton location. The Benefits Analyst will be responsible for the design, development, and administration of employee benefit and compensation programs in a federal contracting environment. This role ensures compliance with all applicable laws and regulations while partnering with internal and external stakeholders to deliver high-quality, cost-effective total rewards programs. The position requires expertise in benefits administration, financial modeling, vendor management, compliance, and data analysis, as well as strong customer service skills and experience.

Requirements

Bachelor’s degree in Human Resources, Business, or related field preferred.
5+ years of experience in federal contracting environment supporting HR, Human Capital, or Benefits.
Experience in providing corporate HR support for compensation and benefits.
Strong understanding of FMLA, ADA, COBRA, ERISA, IRS, and DOL requirements.
Experience with 401(k) plan administration and vendor management.
Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) with advanced data analysis and reporting skills.
Familiarity with HRIS and timekeeping systems.
Highly organized with extreme attention to detail and the ability to manage multiple priorities.
Strong communication and presentation skills with experience presenting to senior leaders.
Strong customer service attitude and desire to work with employees to ensure resolution of benefits-related issues.

Nice To Haves

CEBS, PHR, or SHRM-CP certification
Experience supporting compensation planning processes in a government contracting environment.
Knowledge of SCA and Union benefits administration.
Ability to work cross-functionally with Payroll, Pricing, and Business Development teams.
Strong problem-solving and analytical skills with the ability to provide meaningful insights and recommendations.

Responsibilities

Design and development of benefit programs through research of external trends, benchmarking, and best practices.
Administer employee benefit programs, including healthcare, 401(k), recognition, and wellness programs.
Effectively interpret and ensure compliance with FMLA, ADA, COBRA, ERISA, IRS, and DOL regulations.
401(k) plan administration, vendor management, funding, compliance audits, and annual 5500 filings.
Partner with Payroll, Benefit TPAs, SCA administrators, Union, carriers, and Accounting to review, reconcile, and analyze payroll files, deductions, and benefit payments.
Drive open enrollment, employee onboarding, and employee communications.
Respond to employee inquiries and provide consultation, guidance, and education on benefits and compensation programs.
Perform quality checks of benefits-related data to ensure accuracy.
Perform detailed technical reviews of employee benefits data and develop complex reporting alternatives.
Conduct financial modeling, claims utilization analysis, vendor performance reviews, and cost management reporting.
Monitor plan usage and provide insights into claims experience and cost drivers.
Work with vendors to maintain and update Benefits portal to reflect organizational changes, acquisitions, and other new business.
Assist with IRS and DOL compliance reporting for benefits and retirement plans.
Conduct job evaluations and market research to ensure competitive compensation and benefits programs.
Support salary planning cycles, compensation structures, and incentive programs.
Partner with internal stakeholders to align total rewards with company strategy and business objectives.
Develop and deliver communication materials, presentations, and employee information packages regarding total rewards initiatives.
Participate in benchmark surveys to align programs with recruitment and retention goals.
Assist the Pricing Team with forecasting and developing health and welfare costs in support of government new business proposals.
Crosstrain on other benefits activities and serve as backup or lead as needed.