Senior Benefits Analyst

Neurocrine Biosciences • San Diego, CA

1d • $97,000 - $133,000

About The Position

Responsible for supporting Employee Benefits escalations and complex issues with compliant outcomes, while applying strong analytical and quantitative skills to evaluate employee benefit and leave of absence programs. This role analyzes benefits, healthcare, and leave data to assess cost-effectiveness, identify trends, and support data-driven recommendations. Partners with Benefits Managers, HR, Finance, Payroll, Legal, vendors, and external consultants to deliver timely analysis, reporting, and insights that support informed decision-making and continuous improvement of benefit programs.

Requirements

• BA/BS in Business, HR, or related field, or equivalent experience, training, or certifications AND 4+ years of related work experience OR MA/MS in Business, HR, or related field AND 2+ years of related work experience OR Human Resources Certificate highly preferred
• May require special certification CP, SCP, PHR, aPHR, SPHR, PHRca, CEBS, Absence Management
• Work with actuarial team to review renewal data and reporting to support data driven recommendations, decisions and trends
• Summarize and present data for review with Health and Wellbeing committee, HR, and Finance teams
• Leverage available tools and automation to improve efficiency and accuracy of data report (e.g., AI)
• Strong analytical, organizational, and communication skills
• Strong knowledge of employee benefits and leave of absence programs (FMLA, ADA, state leaves, disability)
• Experience working with HRIS and third-party benefit/leave vendors
• Exposure to advanced Excel-based analytics for health cost analysis (e.g., pivot tables, trending and scenario modeling)
• Intermediate to advanced knowledge of self-funding, stop-loss and PMPM concepts (e.g., claim lag, stop-loss, loss ratios, trends)
• Ability to leverage a variety of tools and platforms to support Payroll, Accounting, HR and external vendors
• Expertise with vendor dashboards and reporting tools, preferably Workday and AbsenseSoft preferred

Responsibilities

• Analyze benefits, healthcare, and leave of absence data to identify utilization trends, cost drivers, emerging patterns, and cost-benefit analysis between various Benefit programs
• Perform recurring and ad hoc analysis of self-funded medical and leave data to support program utilization
• Support Accounting with quarterly budget review and forecasting needs
• Manage invoicing and track to annual budget
• Manage vendor contracts and amendments
• Prepare trend reports, summaries, and basic forecasting models to support benefit planning, renewals, and Open Enrollment decisions
• Apply statistical analysis techniques, including trend analysis, variance analysis, cohort analysis, and basic forecasting, to evaluate benefits and leave program performance
• Support review of broker actuarial data to assist in validating trends, claims, and budget projections.
• Support annual Open Enrollment through data analysis, participation reporting, and post-enrollment impact evaluation
• Assist with evaluation of vendor performance, renewal proposals, benchmarking studies
• Conduct data validation, enrollment audits, and invoice reconciliation to ensure accuracy, integrity, and compliance of benefits data
• Support compliance and regulatory reporting activities (e.g., Form 5500, ACA, CMS, state reporting) by ensuring data accuracy and audit readiness
• Partner cross-functionally with HR, Payroll, Finance, and Legal to respond to data requests and support benefits-related initiatives
• Maintain and update standard reports, dashboards, and analytical tools used to monitor benefits and leave program performance
• Serve as a knowledgeable resource for benefits and leave data, escalating complex issues as appropriate
• Other duties as assigned

Benefits

• retirement savings plan (with company match)
• paid vacation
• holiday and personal days
• paid caregiver/parental and medical leave
• health benefits to include medical, prescription drug, dental and vision coverage

What This Job Offers

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