Pretium Enterprise Services, India · 12 hours ago
Senior Analyst, Benefits
United States
Full-time
Remote
Mid, Senior Level
3+ years expPretium Enterprise Services is a company focused on growth, innovation, and transformation for its global operating companies. The Senior Benefit Analyst will oversee the administration of employee benefit programs, manage vendor relationships, ensure compliance with regulations, and enhance employee communication regarding benefits.
Financial Services
Responsibilities
Oversee the design, implementation, and maintenance of employee benefits programs, including medical, dental, vision, disability, life insurance, retirement, and wellness initiatives
Manage open enrollment processes, including communication, employee guidance, and vendor coordination
Ensure accuracy and timeliness of benefit plan enrollment and changes for employees
Develop audit and monitoring procedures to ensure accuracy of benefits enrollments, changes, deductions, and contribution reconciliation in internal and vendor partner systems. Includes management of error reporting, troubleshooting, and any system or integration issues
Ensure Workday configuration for benefits administration including year-end audit and annual IRS limits is compliant. Partner with HRIS, Payroll, and vendors to reconcile any discrepancies
Analyze benefit plan utilization and make recommendations for cost-effective and improved benefit offerings
Prepare and deliver regular reports on benefit plan performance, costs, and employee participation rates
Track benefit data to ensure compliance with federal and state regulations
Partner with benefits vendors and brokers to ensure a positive employee benefits experience and resolve benefits or claims issues
Monitor and evaluate timeliness, accuracy, quality of vendor partner customer service, and cost-effectiveness
Manage the EDI file support with vendors and internal HRIS, work errors and ensure that files are functioning properly
Apply understanding of federal and state regulations to ensure compliance for all corporate benefit and leave plans. Including analysis and reporting for non-discrimination testing, plan summary disclosure reports, 5500 filings, audit support, ADA, ACA, FMLA, HIPPA, and state and local laws related to disability and healthcare reporting
Stay updated on changing laws and regulations related to employee benefits and adjust programs as necessary
Serve as the primary point of contact for employees with questions or concerns about their benefits
Create and distribute educational materials, newsletters, and resources to help employees better understand their benefit options
Conduct employee benefits meetings including open enrollment for employees (travel up to 15%may be required)
Serve as lead Analyst on medium to large scale projects as designated by management, manage projects related to benefit programs and/or participate as a team member on other large projects as designated
Develop and maintain detailed project plans and timelines for benefit-related initiatives
Collaborate with HR leadership to align benefit offerings with the company’s overall strategic goals and employee satisfaction
Assess market trends and best practices to ensure the company’s benefits remain competitive and attractive to employees
Operate as the Open Enrollment project management including financial and participant impact analysis, Workday system and vendor integration updates, and delivery of the open enrollment experience
Qualification
Required
3-5 years of relevant professional work experience, including expertise in benefit programs including administration, compliance, and data analytics
Mathematical, statistics analysis, and spreadsheet skills to create models and solve problems
1-3 years of Workday experience
Experience working with Self-Insurance benefit plans
Experience in working in a fast-paced environment
Demonstrated ability to collaborate with remote team members in various time zones
Excellent verbal and written communication skills
Strong people skills and ability to maintain effective working relationships with internal and external partners
Preferred
Bachelor's Degree preferred, or equivalent combination of education, training, and experience
Benefits
401(k) plan with an employer match
Employer-paid health, dental, vision and life insurance
Paid Time Off (PTO)
11 firm holidays
Hybrid office/work from home arrangement
Annual year-end bonus eligible
Company
Pretium Enterprise Services, India
Pretium Enterprise Operations India Private Limited (PES India) is a subsidiary of Pretium Partners, LLC.
501-1000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase