Compensation & Benefits Analyst (Job ID: 1416)

Colonna's Shipyard•Norfolk, VA

1d•Onsite

About The Position

The Compensation & Benefits Analyst administers and supports employee benefits and compensation programs, ensuring compliance, accuracy, and alignment with organizational goals. This role supports key processes such as benefits administration, benefits education (open enrollment, new hire orientation, etc.), payroll integrations, and compensation analysis and closely works with HR, Payroll, external vendors, and employees at all levels. The Analyst also leverages data and market insights to enhance program effectiveness and ensure competitive, compliant total rewards offerings. The position is located onsite in Norfolk, VA and will often require hours beyond a standard work week with flexible schedule availability. Position may require limited travel.

Requirements

Must have Bachelor’s degree in Business Administration or related field, (or equivalent experience) and 3+ years of experience in Compensation and/or Benefits administration.
Candidate must be able to demonstrate competency and/or understanding of core compliance elements (FLSA, ERISA, ACA, HIPAA, pay transparency, etc.), HRIS platforms, managing multiple projects with competing deadlines.
Must have compensation and/or benefits experience supporting various position types and levels (trades, professionals, executive, etc.) is required, with preference serving in ship repair/building or industrial fabrication industries
Must have advanced Excel skills with proficiency in other Microsoft Office programs and demonstrated ability to analyze data and communicate insights clearly.
Must have strong detail orientation, analytical skills, effective verbal and written communication, and problem-solving abilities required

Nice To Haves

CEBS, CCP, CBP Certification(s) preferred

Responsibilities

Administer and maintain comprehensive employee benefits programs, including health & welfare plans, retirement plans, voluntary benefits, COBRA, and various wellness initiatives
Process and audit benefits transactions, including new hire enrollments, qualifying life events, status changes, and new hires/terminations
Support annual open enrollment through effective coordination, education, enrollment support, focused communications, and auditing
Ensure accurate benefit deductions and payroll integrations
Reconcile monthly carrier and third-party administrator (TPA) invoices, resolving eligibility, billing, and funding discrepancies
Review and analyze claims reporting to identify trends and assist with funding reconciliation activities
Ensure compliance with ERISA and applicable regulatory requirements, including support for Form 5500 filings for self-insured plans
Administer leave of absence programs, including FMLA, ADA, military leave (USERAA), and company-sponsored leave policies in coordination with third party administrators
Partner with HR and management to support reasonable accommodations and return-to-work planning
Partner with management and other stakeholders to support effective job analysis/evaluation/classification, job description creation, and support maintenance of the general labor category library
Conduct market benchmarking analyses to assess competitive pay positioning and recommend salary actions aligned with internal equity and external competitiveness for new and existing roles
Ensure all comp practices and pay decisions comply with federal/state/locality regulations and align with Company’s guidance and expectations
Complete administrative tasking and analyses to effectively maintain the Company’s salary grading structure as aligned with our compensation philosophy
Support special initiatives and projects related to benefits, employee morale & welfare, compensation & reward programs, or HR systems
Maintain comprehensive documentation of program structures, procedures, and system configurations
Ensure benefits and compensation programs comply with federal, state, locality and industry regulations while monitoring changes to maintain compliance