Benefits Analyst

CenterPoint Energy • Houston, TX

4d

About The Position

CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

Our Vision: Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.

Our Commitment: CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce.
At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.
Job SummaryProvides analysis and completes projects related to the development, implementation, administration and communication of health and welfare benefits. Ensures that benefit programs support the organization’s strategic objectives, comply with all legal requirements and are competitive and cost effective. Monitor service levels of third-party administrators and resolve issues between plan participants and program providers.

Requirements

• Requires a minimum 2 years of demonstrated experience and knowledge in benefits administration, with emphasis on health and welfare.
• Bachelor's degree in Human Resources Management, Business Administration, or other related field. Will consider relevant job-related experience for non-degree candidates.

Responsibilities

• Improve the delivery and administration of various benefit programs and focus on an exceptional employee experience.
• Evaluate and compare existing company benefits programs with those of other employers by analyzing competitor programs and through survey participation and benchmarking.
• Identify, analyze, and assist in implementing process improvements within benefit administration.
• Collect, review, and prepare information used for plan analysis, design and pricing.
• Research, analyze, and recommend resolution to internal and external issues through interpretation and application of written plan documents.
• Develop employee communications regarding benefits and benefit changes.
• Interface with management and legal to research benefit related issues and coordinate timely responses.
• Prepare and recommend, with legal consultation, benefit documentation such as original and amended plan texts, benefit agreements, vendor contracts, Form 5500, Summary of Material Modifications and Summary Plan Descriptions.
• Identify actions required for compliance with provisions of PPACA, HIPAA, COBRA, ERISA, DOL and IRS.
• Monitor and direct third-party administrators to assure superior service to plan participants while maintaining cost efficient administration.
• Advise and counsel Human Resources and employees on existing benefit programs.
• Conduct employee benefits meetings.
• Complete ad-hoc projects as needed to support administration and compliance.

Benefits

• Competitive pay
• Paid training
• Benefits eligibility begins on your first day
• Transit subsidies
• Flexible work schedule, paid holidays and paid time off
• Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
• Professional growth and development programs including tuition reimbursement
• 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level