Senior Benefits Analyst

CenterPoint Energy•Houston, TX

1d•Hybrid

About The Position

Provides analysis and complete projects related to the development, implementation, administration and communication of retirement and savings benefit plans, policies and plan documents. 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 5 years of demonstrated experience and knowledge in benefits administration.

Nice To Haves

Bachelor's degree preferred in Human Resources Management, Business Administration, or other related field.

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 benefits 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 and track process documentation, including process maps, operating procedures, and key performance indicators.
Develop employee communications regarding benefits and benefit changes.
Interface with management, HRBPs, Legal, vendors and employees 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 ERISA, IRS, and DOL regulations, collective bargaining agreements
Data analysis and reconciliation
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 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
paid time off
Access to discounts at fitness clubs
on-site wellness center at our headquarters in Houston
Professional growth and development programs
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