Benefits Analyst

Primient•Schaumburg, IL

About The Position

The Sr. Analyst, Total Rewards, which sits within the HR department, oversees and coordinates the day-to-day administration of employee and retiree benefit plans and programs. This role analyzes health, insurance, and retirement benefits, conducting research and providing recommendations to senior leadership to facilitate changes and enhancements to plans and programs, while also ensuring compliance with regulatory standards. This role is also responsible for implementing program goals and objectives and managing the communication of benefit plans and wellness campaigns.

Requirements

Benefits principles, administration, recordkeeping and operations
Healthcare and retirement plan legislation and reporting
HR Technology
Strong Attention to Detail
Data Analysis & Interpretation
Time Management & Prioritization
Proficient in Excel
Integrity & discretion
Professional Ethics
Customer Service
Empathetic
Continuous Improvement approach
Proactive
Data-Driven
2+ years progressive experience in Total Rewards, or equivalent combination of education, experience, and training (required)

Nice To Haves

Bachelor /Masters Degree in Human Resources Management or equivalent (preferred)

Responsibilities

Manage the overall administration of the health, retirement and insurance plans, ensuring effective and efficient plan operations.
Reconcile / and audit benefit plan coverages, deductions, and contributions. Investigate and resolve vendor exception feedback to ensure accuracy and timeliness.
Prepare periodic reports for vendors and submit payment requests.
Manage Workday system and vendor integrations to reflect plan design or premium changes, with a thorough focus on testing system changes for accuracy.
Serve as a main point of contact for plan-related issues, consulting on escalated employee benefits questions and liaising with benefit providers to resolve issues raised by HRBPs and People Services.
Develop communication materials for benefits topics and partner with Communications team to execute the benefits communication strategy. Update annual benefit materials to reflect annual plan changes.
Ensure Benefit plans remain in compliance with regulations. Liaise with external auditors to fulfill data requests, complete required annual reporting, and serve as Secretary for the Benefit and Investment Planning Committees.
Review and monitor seasonal workforce to determine benefit eligibility, ensuring compliance and appropriate coverage for all employees.