Benefits Analyst

BCCI•New York, NY

2d•$100,000 - $135,000

About The Position

The Senior Benefits Analyst is a senior professional role within the Total Rewards function, responsible for supporting the administration, analysis, and continuous improvement of enterprise health, welfare, and retirement programs. This role applies deep functional expertise to ensure accurate program execution, compliance, and a high-quality employee experience. The position partners closely with Benefits leadership, HR, Payroll, vendors, and external advisors to support scalable and compliant benefits delivery across a large, complex organization.

Requirements

Bachelor’s degree in human resources, business, finance, or related field. (or equivalent experience).
Five years of experience in benefits administration within a complex organization.
Working knowledge of health and welfare and retirement plan administration.
Familiarity with applicable regulations (e.g., ERISA, ACA, IRS guidelines).
Strong analytical and problem-solving skills with attention to detail.
Ability to manage multiple priorities and work across systems and stakeholders.
Strong written and verbal communication skills.

Nice To Haves

Experience with benefits administration platforms and HR/Payroll systems.
Exposure to 401(k) compliance processes and audits.
CEBS or progress toward certification.

Responsibilities

Administer health and welfare benefit programs, including medical, dental, vision, life, disability, wellbeing, and leave-related programs.
Execute enrollments, life event changes, eligibility updates, and system transactions in benefits platforms.
Partner with Payroll and HRIS teams to ensure accurate benefit deductions, imputed income, and data interfaces.
Research and resolve complex employee and vendor issues, escalating as appropriate.
Support the day‑to‑day administration of the company’s 401(k) plan, including contributions, loans, distributions, and participant transactions.
Coordinate with recordkeepers, payroll, and external vendors to ensure timely and accurate data processing and reconciliation.
Assist with compliance activities, including nondiscrimination testing support, contribution monitoring, and required participant notices.
Maintain plan documentation, administrative procedures, and audit-support materials.
Provide operational support for plan changes, vendor transitions, and regulatory updates.
Partner with brokers, carriers, and third‑party administrators to support service delivery and issue resolution.
Monitor day‑to‑day vendor activity and escalate performance concerns to Benefits leadership.
Support data requests, reporting needs, and administrative coordination with external partners.
Ensure benefit and retirement transactions are administered in accordance with plan documents and regulatory requirements (e.g., ERISA, ACA, IRS rules).
Support audit preparation, compliance reviews, and regulatory filings as needed.
Maintain accurate records, documentation, and standard operating procedures.
Analyze benefits utilization, enrollment, and cost data to identify trends and anomalies.
Prepare reports and insights to support Benefits leadership decision-making.
Identify opportunities to improve processes, data quality, and employee experience.
Support development and delivery of benefits communications, including enrollment materials, guides, and program updates.
Respond to employee inquiries and provide clear, accurate information on benefits and 401(k) plan features.
Assist with training HR partners and managers on benefits programs and processes.