Benefits Analyst
Job Summary
Assists with the administration of retirement and health and welfare employee benefit programs. Assures compliance with all applicable state and federal regulation. Responsibilities include explaining benefits and assisting in the business development and planning processes with service providers. Compiles, analyzes and reports data including employee, plan financials for strategic benefits planning and evaluation. Provides benefit plan interpretation, guidance and counsel to employees, HRIS representatives, and managers. Presents information to inform and educate management. Serves as a liaison with service providers in business planning and benefit program interpretation. Compliance and technical interpretive discussions with benefit counsel and enrolled actuary or consultants.
Job Duties
- Monitors eligibility, limitations, and restrictions of plan participations and ensures compliance with both plan provisions and government requirements.
- Provides guidance and counsel to employees, HRIS representatives, and managers on the requirements and provisions of benefit programs and assist with the resolution of potential problems.
- Coordinates the design and communication of annual benefit enrollment materials and Total Reward Statements.
- Drafts legal compliance documentation (SPDs, SARs).
- Develops, conducts and participates in a variety of presentations to inform and educate management and employees about changes to benefit plans, administrative practices and legislated requirements and programs.
- Prepares bid specifications analyze proposals and renewal information and interprets insurance carrier contracts.
- Assists in the development of business processes.
- Responsible for data necessary to complete government compliance activities (5500s, audits, etc.), employee mailings, vendor billings, coordinating data collection and updating numerous reports for management.
- Assures processes and procedures are in place to capture and maintain consistent and accurate benefit related data.
- Assists with employee data auditing and reporting.
- Monitors plan limits, eligibility and other restrictions on plan participation to ensure compliance with both plan provisions and government requirements.
- Oversees and directs the administration of COBRA compliance.
- Researches current benefit trends and regulatory and legislated requirements and recommends programs and changes to the Director, Employee Benefits.
- Compiles, analyzes and reports benefit data including employee, benefit plan and financial for Benefit's strategic planning and evaluation, best practices and benchmark surveys.
Work is typically performed in an office environment. Accountable for satisfying all job specific obligations and complying with all organization policies and procedures. The specific statements in this profile are not intended to be all-inclusive. They represent typical elements considered necessary to successfully perform the job.
Education
Bachelor's Degree-Human Resources Management (Required)Experience
Minimum of 1 year-Related work experience (Required)Skills
Communication; Group Problem Solving; Teamwork; Waterfall Model; Acts Decisively; OrganizingAbout Geisinger
Founded more than 100 years ago by Abigail Geisinger, the system now includes ten hospital campuses, a 550,000-member health plan, two research centers and the Geisinger Commonwealth School of Medicine. With nearly 24,000 employees and more than 1,700 employed physicians, Geisinger boosts its hometown economies in Pennsylvania by billions of dollars annually. Learn more at geisinger.org or connect with us on Facebook, Instagram, LinkedIn and Twitter.
Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.
Our Vision & Values
Everything we do is about making better health easier for our patients, our members, our students, our Geisinger family and our communities.
KINDNESS: We strive to treat everyone as we would hope to be treated ourselves.
EXCELLENCE: We treasure colleagues who humbly strive for excellence.
LEARNING: We share our knowledge with the best and brightest to better prepare the caregivers for tomorrow.
INNOVATION: We constantly seek new and better ways to care for our patients, our members, our community, and the nation.
SAFETY: We provide a safe environment for our patients and members and the Geisinger family.
Our Benefits
We offer healthcare benefits for full time and part time positions from day one, including vision, dental and prescription coverage.
A place where you can lead a healthy lifestyle and follow your dreams.
Only at Geisinger.
Best employer for healthy lifestyles – National Business Group
Access to 121 state parks