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Benefits Analyst

Job not on LinkedIn

🔥 0 minutes ago

🇺🇸 United States – Remote

💵 $65.6k - $92.7k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧐 Analyst

Where this job comes from

Posted on Empower's careers page, not through a job board

First seen by Remote Rocketship 0 minutes ago

Logo of Empower

Empower

10,000+ employees

💸 Finance

💳 Fintech

👥 B2C

Finance • Fintech • B2C

Empower is a leading provider of financial services focused on helping individuals and organizations achieve financial freedom through retirement planning and investment management. Serving over 19 million Americans, Empower offers a comprehensive suite of finance-related services, including smart planning and investment advice, and tools like the Empower Personal Dashboard™ for a complete financial view. The company is renowned as a top retirement plan provider and works closely with personal investors, workplace plan savers, plan sponsors, and financial professionals. Empower is also recognized for initiatives in Diversity, Equity, Inclusion, and has a social commitment that bolsters community impact.

📋 Description

• Administer and maintain employee benefit programs, including medical, dental, life and AD&D insurance, disability insurance, HSAs, 401(k) plans, pension plans, and COBRA continuation coverage • Maintain employee benefits enrollment records, eligibility information, and coverage changes • Support benefits-related onboarding and offboarding, including enrollment, qualifying life events, and coverage termination • Serve as a primary contact for employee benefits inquiries regarding plan provisions, eligibility, coverage, claims, and resources • Investigate, escalate, and resolve enrollment discrepancies, coverage concerns, and employee claims issues • Support development, implementation, and documentation of benefits programs, policies, procedures, and employee communications • Prepare and distribute communications for annual open enrollment, plan changes, wellness initiatives, and other benefits programs • Coordinate annual open enrollment, including communications, enrollment support, data validation, and issue resolution • Compile and validate benefits data for regulatory reporting, participant notifications, HR audits, and compliance reviews • Support review and maintenance of benefits plan documentation, including Form 5500 filings and SPDs • Perform benefits data audits and recommend process improvements • Coordinate employee wellness programs, including biometric screenings and flu vaccination programs, with vendors • Collaborate with HR teams and stakeholders to align benefits administration, HR systems, and organizational objectives

🎯 Requirements

• Three (3) years of professional experience in employee benefits administration with a bachelor's degree in Human Resources, Business Administration, or a related field; or seven (7) years of professional experience in benefits administration without a bachelor's degree • Working knowledge of employee benefits programs, eligibility administration, enrollment processes, and benefits-related HR operations • Working knowledge of HIPAA, COBRA, FMLA, ADA, ACA/PPACA, ERISA, and applicable U.S. Department of Labor (DOL) and Internal Revenue Service (IRS) regulations • Experience supporting benefits compliance activities, documentation, reporting, and data audits • Experience using benefits administration systems or HRIS platforms • Proficiency in Microsoft Excel, including data validation, reporting, and reconciliation • Strong analytical, problem-solving, organizational, and prioritization skills, with attention to detail and data accuracy • Ability to handle confidential employee information with discretion and professionalism • Strong customer service, interpersonal, and written and verbal communication skills • Ability to resolve benefits inquiries, communicate complex information clearly, and manage competing priorities in a high-volume HR environment • Understanding of HRIS platforms and their relationship to employee benefits administration and business processes • Ability to learn new systems, tools, and business processes and identify opportunities for operational improvement • Applicants must be authorized to work for any employer in the U.S.; employment visa sponsorship, including CPT/OPT, is unavailable • Preferred: Experience handling Deferred Compensation Plans and 401k Plans • Preferred: Experience using Workday for benefits administration and employee data management • Preferred: Experience coordinating benefits carrier and vendor file feeds and resolving data integration issues • Preferred: Experience supporting benefits process automation, workflow improvements, or HRIS enhancements • Preferred: Experience administering employee wellness programs and coordinating third-party wellness vendors

🏖️ Benefits

• Medical, dental, vision and life insurance • Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup • Tuition reimbursement up to $5,250/year • Business-casual environment that includes the option to wear jeans • Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year • Paid volunteer time — 16 hours per calendar year • Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA) • Business Resource Groups (BRGs) open to all • Bonus program opportunity for non-sales positions • Reliable high-speed internet with a wired connection and home work setup; necessary computer equipment provided

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