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Geisinger · 7 hours ago

Benefits Analyst Senior - Retirement Programs

Danville, PA

Full-time

Onsite

Senior Level

5+ years exp

Geisinger is a healthcare organization seeking a Benefits Analyst Senior to oversee the administration and compliance of their retirement plans. This role involves managing plan operations, vendor relationships, and providing guidance to employees and HR partners while supporting broader benefits activities.

Health CareHospitalMedical

Responsibilities

Monitors plan limits, eligibility and other restrictions on plan participation to ensure compliance with both plan provisions and government requirements

Assist in implementation, transition and administration of new and current benefit programs and vendors including administrative procedures, legal and compliance documents, form creation and maintenance and documentation of processes, both internally and with external vendors

Performs analysis of plan designs for mergers and acquisitions

Collaborates with internal and external partners

Perform analysis and evaluation of services, coverage, and options available through insurance and investment companies to make recommendations regarding programs best meeting needs of organization

Develop costs by plan and provide recommendations for enhancements and changes to existing programs that are consistent with benefit objectives and strategies

Analyzes participation and utilization for all benefits and uses data to monitor trends, recommend plan design changes, educational initiatives, benefit plan changes, vendor changes, cost-sharing, etc

Researches and responds to complex questions from employees, HRIS representatives, HR Consultants and leaders regarding interpretation of benefits plans, including eligibility, covered services and exclusions

Designs communication of benefit materials in collaboration with internal and external partners (Benefits colleagues, PR and M, legal, HRIS, HR, etc.)

Review legal compliance documentation (Plan Documents, SPDs, SARs, SMMs, etc.)

Manage and update Benefit Information on intranet site

Develops communication tools to enhance understanding of the company’s benefits package

Collaborates with manager, Benefits Analyst and HRIS on system setups and testing for Retirement Plan administration, Open Enrollment, employee enrollments, COBRA, terminations, changes, beneficiaries, disability, accident and death claims, etc

Oversees the transfer of data to external contacts for services, including documentation and testing of extract files

Investigates discrepancies and provide information in non-routine situations

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 and vendor contracts

Assists in the development of business processes

Ensures government compliance activities (5500s, audits, etc.) are completed

Assures processes and Standard Operating Procedures (SOP’s) are in place to capture and maintains consistent and accurate benefit related data and processes to ensure compliance

Oversees Plan Audits; employee data auditing and reporting

Researches current benefit trends and regulatory and legislated requirements and recommends programs and changes to the Manager

Stay apprised of all legal and legislative changes as they pertain to our benefit plans Oversees the analysis and reports benefit data for employee benefit planning and financials for Benefit's strategic planning and evaluation, best practices and benchmark surveys

Qualification

Retirement plan administrationCompliance knowledgeData analysisVendor managementBenefits communicationCollaborationPresentation skillsProblem-solving

Required

Bachelor's Degree

Minimum of 5 years-Human Resources

Benefits

We offer healthcare benefits for full time and part time positions from day one, including vision, dental and domestic partners.

Company

Geisinger

Glassdoor3.5

Geisinger is a health and wellness organization that offers orthopaedic, weight-management, and heart care services. It is a sub-organization of Risant Health.

Founded in 1915

Danville, Pennsylvania, USA

10001+ employees