Kloudhire

Benefits Analyst - Workday LOC : Annapolis, MD

Posted on : 09-08-2023
Job Type : Full Time only
Salary : 100,000 - 200,000

Job Description:

DUTIES AND RESPONSIBILITIES

With assistance from ERISA counsel, maintains and distributes Summary Plan Descriptions (SPDs) for the various Health & Welfare and retirement plans as needed
Responsible for communication to associates and former associates about their benefit programs, including eligibility, procedures, and plan changes
Key team member for Open Enrollment process including communication development, deployment, and ensuring that administration system is updated and tested prior to new benefits plan year becoming effective
Analyzes internal Benefit data and compares to market data to provide insight into improved Benefits offerings for the Company
Functions as the escalation point for benefits-related inquiries
Ensures proper maintenance of associate benefits data in automated HRIS
Facilitates timely and accurate data file transmissions to external vendors, plan auditors, plan providers, consultants and agencies as appropriate; including regulatory reporting related to benefits programs
Responsible for ensuring monthly and quarterly audits for benefit eligibility are conducted
Generates benefits and leave reports for management as needed
Administers the Companys Leave of Absence and Short Term Disability requests and plans.
Audits and reconciles vendor invoices and prepares for timely payment
Escalates associate relations concerns and participates in any reporting as requested by Director
Develops methods to improve processes, and practices, and recommends changes to management.
Systems and Standards Maintains strict confidentiality related to associate information and ensures compliance with HIPPA regulations
Cooperates with management and coworkers to ensure that services are adequately maintained to meet the needs of internal and external customers
Completes all tasks in a timely manner as instructed by Director
Executes all terms and conditions as set forth in the Associate Handbook, Benefit Plan Descriptions, and internal standard operating procedures
Maintains a clean, neat work environment
Treats clients and associates with courtesy, respect, and dignity

Safety and Risk Management

Understands and follows safety and security procedures
Practices preventative safety procedures as set forth by
Reports all accidents and incidents to the Director immediately
Uses only equipment trained to use and operates all equipment in a safe manner
Reports all potential high risk areas and safety concerns to the Director

KNOWLEDGE, SKILLS AND ABILITIES

Knowledge of ERISA, HIPAA and IRS regulations
Computer proficiency and technical aptitude with the ability to utilize MS Office (Excel, Word, and Outlook), the internet and various HRIS applications
Ability to work independently as well as in a team environment to effectively plan and set priorities to accomplish required tasks
Ability to manage several projects simultaneously while working under pressure to meet deadlines
Ability to read, analyze, and interpret general business correspondence, instruction guides, training materials, and complex benefits-related documents, contracts, and plan descriptions
Excellent written and verbal communication skills to effectively address all levels in the organization
Ability to make formal presentations to all levels of management
Ability to represent the Company effectively in a variety of settings with a demonstrated understanding and appreciation for diverse cultures
Ability to exercise considerable judgment and discretion in dealing with matters of significance for the company
Demonstrated ability to manage multiple projects/tasks and critical attention to details
Knowledge of multistate sick, leave and paid time off requirements

QUALIFICATIONS

A Bachelors degree in a Human Resources or business-related field AND minimum of 3 years of experience in benefits administration;
Including retirement plan administration and leave program coordination; OR equivalent combination of education and experience.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The associate is regularly required to stand; walk; sit; use hands to finger, grasp, handle or feel objects, tools or controls; reach with hands and arms; talk; and hear.
Specific vision abilities required by the job include close vision and the ability to adjust focus.
Work is performed in a normal office setting with minimal exposure to health or safety hazards.
Substantial time is spent working on a computer.
The associate must occasionally push, pull, lift and/or move up to 20 pounds.
Working extended hours may be required as needed.