Senior Benefits Analyst

R1 RCM•Remote, IL, IL

1d•$65,478 - $96,885•Onsite

About The Position

R1 is the leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems and medical groups. We are the one company that combines the deep expertise of a global workforce of revenue cycle professionals with the industry’s most advanced technology platform, encompassing sophisticated analytics, AI, intelligent automation, and workflow orchestration. As our Senior Benefits Analyst, you will have the opportunity to contribute to a wide variety of complex activities involving the management of health and welfare benefit plans and programs. Using analytical, problem solving, critical thinking skills, organization, collaboration, and communication skills, this position is responsible for providing subject matter expertise on administration, compliance, vendor management, reporting, as well as employee communication and education for the full suite of employee benefit programs. The position will also conduct research and data analysis regarding various aspects of the plans and vendor integrations, identify and develop process improvements, and implement programs accordingly.

Requirements

Minimum of 4 years of experience. At least 2 years of experience are specifically related to the responsibilities of this role.
Prior experience and basic working knowledge of Workday (including payroll deductions and integrations), and basic reporting preferred.
Experience with benefits administration services and systems preferred
Experience conducting benefit presentations, benefit fairs, or Associate onboarding sessions virtually
Bachelor's degree. Equivalent experience will be considered in lieu of a degree.
Certified Employee Benefits Specialist (CEBS) preferred.
Intermediate skills in Excel, which include performing VLOOKUP’s, creating pivot tables, and manipulating data in various formats.
Basic working knowledge of group insurance plan processing and administration, both self-insured and fully insured designs.
Demonstrated experience overseeing system configuration, interfaces, and performing implementations and change management for an HRIS system and/or new benefit programs, including coordinating with IT/Technical or other internal and vendor teams to succeed
Must be self-motivated, collaborative, solutions-driven, and confident, taking initiative with little direction
Ability to handle sensitive information relevant to health care and other confidential issues with discretion and care, and in compliance with HIPAA and other regulatory or policy requirements
Ability to learn quickly, understand and apply complex rules, procedures, regulations, and guidelines
Benefits Compliance Knowledge
Data Analysis and Reporting
Project Planning and Coordination
Benefits Communication and Education
Attention to Detail
Customer Service
Process Improvement

Nice To Haves

Prior experience and basic working knowledge of Workday (including payroll deductions and integrations), and basic reporting preferred.
Experience with benefits administration services and systems preferred
Certified Employee Benefits Specialist (CEBS) preferred.

Responsibilities

Become a subject matter expert on all R1 benefit programs and insurance plans, including health, life, disability, retirement savings, wellbeing, voluntary plans, and spending accounts.
Manages compliance calendar and assists with or coordinates completion of activities in a timely manner throughout the year.
Recommends and develops communications strategy and materials in collaboration with the Communications team to promote benefit and wellness programs, increase utilization or engagement, seek feedback, enhance resources, and educate Associates at all levels of the organization to improve understanding, awareness, and appropriate utilization of available benefits and tools.
Comfortable explaining and occasionally doing presentations to Associates about benefit programs – strong customer service mindset
Resolves complex, non-routine benefits issues.
Provides project management support for benefit-related projects.
Remains current on regulatory and legal updates and actively reviews them to assist in determining which actions may be required by R1. Seeks an understanding of the implications for R1, any options available for compliance, and develops recommendations for approval.
Works closely with third-party vendors and internal IT teams to identify system requirements, ensure compatibility and functionality, and ensure that all electronic files are sent to vendors with accurate data and in a timely manner.
Assists in troubleshooting and resolving electronic file (integration) issues, and oversees enhancements or changes to ensure data integrity, accuracy of plan administration, and completeness.
Subject matter expert of Workday benefit-related configuration, vendor integrations, and new program implementations. Oversees accurate setup and maintenance in these areas with support from our HR Technical team.
Leads effort to improve new Associates onboarding experience, as it relates to benefits, to ensure understanding of the available benefit options, enrollment access, and resources.
Periodically audits benefit enrollment records against carrier records to ensure accuracy. Coordinates resolution of discrepancies and follows through to ensure completion.
Periodically audits invoices for accuracy and to ensure appropriate premium payments in accordance with contract terms and enrollment numbers.
Regularly audits payroll benefit deductions for accuracy and coordinates corrections.
Interprets and explains R1 benefits and policies in clear, non-technical language that will be understandable to Associates at all levels of the organization. Responds to Associate inquiries accurately, timely, and professionally.
May collaborate with consultants, benefit vendors, and third-party administrators to evaluate existing benefit programs and utilization and propose changes. May assist in conducting focus groups or developing survey questions to gather feedback from Associates.
Assists with Open Enrollment coordination, communications, and related activities, including renewal of plans, updates to documentation, overseeing carrier integration changes, testing of enrollment workflow, and reporting.
Prepares reports and conducts analysis to provide information for decision-making, audits, benefits administration issues, or other ad hoc requests.
Proactively seeks opportunities for efficiency, improvement, and harmonization and makes recommendations.
Investigates issues to determine root cause and develops solutions to prevent recurrence