Benefits Analyst

Milbank LLP•New York, NY

2d•$85,000 - $100,000

About The Position

Milbank is seeking a motivated, collaborative Benefits Analyst to support administration and delivery of the Firm’s health, retirement, leave, and wellbeing programs. The role focuses on benefits operations, compliance, vendor management, financial administration, employee support, and program communications. Working closely with the Benefits Manager and Director of Benefits & Compensation, the analyst uses data analytics to improve programs and processes and supports employees across a broad portfolio of benefits and leave programs. Key areas include benefits administration, open enrollment, audits, reporting, vendor coordination, financial reconciliation, employee communications, benefits content, and systems support. The position offers the opportunity to contribute and grow in a dynamic, fast-paced environment.

Requirements

3–5 years of progressive benefits administration experience.
Hands-on experience administering health and welfare, retirement, leave, disability, and wellbeing programs.
Experience with benefits operations, invoice reconciliation, compliance activities, and open enrollment.
Advanced proficiency in Excel and working knowledge of Word and HRIS platforms.
Experience with self-funded health plans.
Strong analytical, organizational, problem-solving, and time-management skills.
Clear written and verbal communication skills.
Sound judgment, discretion, accuracy, and a strong commitment to employee service.
Ability to manage multiple priorities and follow assignments through completion.
Flexibility to work overtime as needed.

Nice To Haves

Bachelor’s degree in Human Resources, Finance, Business, or a related field.
Workday experience.
Experience in a professional services environment.

Responsibilities

Serve as the primary contact for employee benefits inquiries.
Process benefits elections and enrollment changes in Workday.
Reconcile enrollment data and process health and welfare vendor invoices.
Provide data to benefits and COBRA administrators.
Audit benefits data and Workday transactions for accuracy.
Prepare monthly benefits reconciliation reports for Finance.
Review vendor error reports and coordinate required Workday updates.
Support Workday benefits testing and the annual open enrollment process.
Troubleshoot benefits-related Workday issues through resolution.
Coordinate wellbeing events, pop-up clinic events, and flu vaccination programs.
Support compliance with the ACA, ERISA, HIPAA, FMLA, ADA, and other applicable benefit laws and policies.
Provide backup support for leave administration, including statutory sick leave, FMLA, short- and long-term disability, ADA accommodations, workers’ compensation, and Firm-approved leaves.
Perform other related responsibilities as assigned.