QinetiQ US · 4 days ago
Benefits Analyst
Lorton, VA
Full-time
Onsite
Senior Level
5+ years expQinetiQ US is a leader in delivering next generation technology and products in various defense and security fields. They are seeking a Benefits Analyst who will be responsible for the design, development, and administration of employee benefit and compensation programs, ensuring compliance with applicable laws and regulations while collaborating with stakeholders.
DeliveryDronesTransportation
Responsibilities
Design and development of benefit programs through research of external trends, benchmarking, and best practices
Administer employee benefit programs, including healthcare, 401(k), recognition, and wellness programs
Effectively interpret and ensure compliance with FMLA, ADA, COBRA, ERISA, IRS, and DOL regulations
401(k) plan administration, vendor management, funding, compliance audits, and annual 5500 filings
Partner with Payroll, Benefit TPAs, SCA administrators, Union, carriers, and Accounting to review, reconcile, and analyze payroll files, deductions, and benefit payments
Drive open enrollment, employee onboarding, and employee communications
Respond to employee inquiries and provide consultation, guidance, and education on benefits and compensation programs
Perform quality checks of benefits-related data to ensure accuracy
Perform detailed technical reviews of employee benefits data and develop complex reporting alternatives
Conduct financial modeling, claims utilization analysis, vendor performance reviews, and cost management reporting
Monitor plan usage and provide insights into claims experience and cost drivers
Work with vendors to maintain and update Benefits portal to reflect organizational changes, acquisitions, and other new business
Assist with IRS and DOL compliance reporting for benefits and retirement plans
Conduct job evaluations and market research to ensure competitive compensation and benefits programs
Support salary planning cycles, compensation structures, and incentive programs
Partner with internal stakeholders to align total rewards with company strategy and business objectives
Develop and deliver communication materials, presentations, and employee information packages regarding total rewards initiatives
Participate in benchmark surveys to align programs with recruitment and retention goals
Assist the Pricing Team with forecasting and developing health and welfare costs in support of government new business proposals
Crosstrain on other benefits activities and serve as backup or lead as needed
Qualification
Required
Bachelor's degree in Human Resources, Business, or related field preferred
5+ years of experience in federal contracting environment supporting HR, Human Capital, or Benefits
Experience in providing corporate HR support for compensation and benefits. Strong understanding of FMLA, ADA, COBRA, ERISA, IRS, and DOL requirements
Experience with 401(k) plan administration and vendor management
Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) with advanced data analysis and reporting skills
Familiarity with HRIS and timekeeping systems
Highly organized with extreme attention to detail and the ability to manage multiple priorities
Strong communication and presentation skills with experience presenting to senior leaders
Strong customer service attitude and desire to work with employees to ensure resolution of benefits-related issues
Preferred
CEBS, PHR, or SHRM-CP certification
Experience supporting compensation planning processes in a government contracting environment
Knowledge of SCA and Union benefits administration
Ability to work cross-functionally with Payroll, Pricing, and Business Development teams
Strong problem-solving and analytical skills with the ability to provide meaningful insights and recommendations
Benefits
Healthcare
401(k)
Recognition
Wellness programs
Company
QinetiQ US
For over 60 years, QinetiQ US has been providing world-class technology development, engineering research and development and revolutionary products to the defense, security, and commercial markets.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kathryn JohnBull
CFO-Mission Solutions Group
Ronald LeClere
Chief Financial Officer at QinetiQ US
Recent News
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