Arch Capital Group Ltd. · 12 hours ago

Benefits Analyst (REMOTE)

North Carolina, United States

Full-time

Remote

Mid Level

3+ years exp

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FinanceFinancial Services

Comp. & Benefits

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Responsibilities

Administer Employee Benefits Programs: Administration of health insurance plans, retirement savings plans (e.g., 401(k)), wellness programs, and other benefit programs.

Benefit Enrollment and Communication: Facilitate new hire and annual open enrollment processes, provide employee education on benefits options, and assist employees with benefits selection.

Compliance and Legal: Ensure company compliance with federal and state regulations related to employee benefits (e.g., COBRA, ACA, FMLA, ERISA, HIPAA).

Problem Resolution: Handle employee inquiries related to claims, coverage, and policy interpretation, working with providers to resolve any issues.

Benefit Plan Audits: Conduct audits of benefits programs to ensure accuracy and compliance, making recommendations for adjustments when necessary.

Record Keeping and Reporting: Maintain accurate and updated employee benefits records, including insurance plan enrollments, contributions, and changes in status. Generate reports as required by management.

Employee Support and Education: Provide ongoing support to employees regarding their benefits, helping them navigate and understand their benefits options and coverage.

Data Analysis and Recommendations: Analyze the cost and utilization of benefits programs, recommending changes to enhance cost efficiency and employee satisfaction.

Leave of Absence Management: Coordinate employee leaves of absence (such as FMLA) and ensure proper documentation and benefit continuation during leaves.

Wellbeing: Support global wellbeing strategy.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Employee Benefits AdministrationCompliance with RegulationsData AnalysisCertified Employee Benefit SpecialistSHRM-CP/SHRM-SCPRecord KeepingEmployee EducationWellbeing Strategy SupportLeave of Absence Management