Benefits analyst job description
Updated March 14, 2024
8 min read
A benefits analyst is responsible for suggesting, installing, and improving upon benefit programs within an organization. Their duties include knowing benefit laws and regulations, administering benefits, and reporting on benefits information.
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Example benefits analyst requirements on a job description
Benefits analyst requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in benefits analyst job postings.
Sample benefits analyst requirements
- Bachelor's degree in Human Resources, Business Administration, Accounting or related field.
- Minimum of 2 years of experience in benefits administration.
- Thorough understanding of benefits laws, regulations and requirements.
- Strong analytical, problem-solving, and organizational skills.
- Proficiency in MS Office Suite and other related computer applications.
Sample required benefits analyst soft skills
- Excellent interpersonal and communication skills.
- Ability to prioritize and manage multiple tasks effectively.
- Ability to work independently and collaboratively in a team environment.
- Strong customer service orientation and attention to detail.
Benefits analyst job description example 1
Pentair benefits analyst job description
At Pentair, you will work along-side passionate problem-solvers who are committed to the future of our planet. We put our purpose into practice, inspiring people to move, improve and enjoy life's essential resources for happier, healthier lives. From our residential and business water solutions, to our sustainable innovations and applications, our 11,250 global employees serve customers in more than 150 countries, working to help improve lives and the environment around the world.
As a Pentair employee, you would enjoy a wide array of benefit options to help keep you and your family healthy and protected, a generous 401(k) and ESPP to help you save for retirement, plus paid time off and wellness programs to encourage a healthy work/life balance.
We are looking for a Benefits Analyst to join our Golden Valley, MN team. As part of the enterprise benefits team, the Benefits Analyst will perform daily administrative activities and provide support for all U.S. and Canadian benefit programs. This position will ensure data accuracy within the benefit system, provide analytical reporting, support compliance activities, and prepare billing and funding for payment of claims and plan expenses. The Benefits Analyst will work in a hybrid capacity (time spent in the office and remote).
YOU WILL
Provide benefits issue resolution in partnership with HR Service Center and benefits system team Perform regular system and vendor audits to ensure data accuracy of employee enrollment Participate in annual open enrollment campaign for Health and Welfare plans Prepare weekly funding and monthly premium billings for appropriate signatures Support company compliance with federal and state laws relating to benefits (including but not limited to Affordable Care Act and HIPAA) Develop and document operating procedures to streamline processes Provide back-up support for enterprise benefits team roles Other duties and special projects as assigned
KEY QUALIFICATIONS
Exceptional organizational skills; must be able to prioritize, multitask and manage project deadlines Ability to problem solve Strong project management skills Strong oral and verbal communication skills Excellent analytical skills Positive customer service orientation Ability to develop strong working relationships with HR Business Partners, cross-functional teams, and external vendors Ability to function effectively in a rapidly changing, fast paced organization Must be highly proficient in Microsoft Excel and PowerPointKnowledge of benefit plan administration and compliance requirements Bachelors level degree or equivalent in a related field At least 2 years of experience in benefits or a related field
Pentair is an equal opportunity employer
#LI-hybrid
Diversity and Inclusion:
With our expanding global presence, cross-cultural insight and competence are essential for our ongoing success. We believe that a diverse workforce contributes different perspectives and creative ideas that enable us to continue to improve every day. Race, gender, ethnicity, country of origin, age, personal style, sexual orientation, physical ability, religion, life experiences and many more factors contribute to this diversity.
We take ongoing action to improve the diversity of our workforce by:
Ensuring leadership involvement and ownership Attracting and retaining diverse talent at all levels Fostering a globally aware, inclusive culture Ensuring our practices are fair and non-discriminatory
As a Pentair employee, you would enjoy a wide array of benefit options to help keep you and your family healthy and protected, a generous 401(k) and ESPP to help you save for retirement, plus paid time off and wellness programs to encourage a healthy work/life balance.
We are looking for a Benefits Analyst to join our Golden Valley, MN team. As part of the enterprise benefits team, the Benefits Analyst will perform daily administrative activities and provide support for all U.S. and Canadian benefit programs. This position will ensure data accuracy within the benefit system, provide analytical reporting, support compliance activities, and prepare billing and funding for payment of claims and plan expenses. The Benefits Analyst will work in a hybrid capacity (time spent in the office and remote).
YOU WILL
Provide benefits issue resolution in partnership with HR Service Center and benefits system team Perform regular system and vendor audits to ensure data accuracy of employee enrollment Participate in annual open enrollment campaign for Health and Welfare plans Prepare weekly funding and monthly premium billings for appropriate signatures Support company compliance with federal and state laws relating to benefits (including but not limited to Affordable Care Act and HIPAA) Develop and document operating procedures to streamline processes Provide back-up support for enterprise benefits team roles Other duties and special projects as assigned
KEY QUALIFICATIONS
Exceptional organizational skills; must be able to prioritize, multitask and manage project deadlines Ability to problem solve Strong project management skills Strong oral and verbal communication skills Excellent analytical skills Positive customer service orientation Ability to develop strong working relationships with HR Business Partners, cross-functional teams, and external vendors Ability to function effectively in a rapidly changing, fast paced organization Must be highly proficient in Microsoft Excel and PowerPointKnowledge of benefit plan administration and compliance requirements Bachelors level degree or equivalent in a related field At least 2 years of experience in benefits or a related field
Pentair is an equal opportunity employer
#LI-hybrid
Diversity and Inclusion:
With our expanding global presence, cross-cultural insight and competence are essential for our ongoing success. We believe that a diverse workforce contributes different perspectives and creative ideas that enable us to continue to improve every day. Race, gender, ethnicity, country of origin, age, personal style, sexual orientation, physical ability, religion, life experiences and many more factors contribute to this diversity.
We take ongoing action to improve the diversity of our workforce by:
Ensuring leadership involvement and ownership Attracting and retaining diverse talent at all levels Fostering a globally aware, inclusive culture Ensuring our practices are fair and non-discriminatory
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Benefits analyst job description example 2
HUB International benefits analyst job description
WHO WE ARE
We are BC's largest Insurance Broker and looking for individuals to grow with us! A career at HUB means your career opportunities are endless. Our culture is renowned within the industry, and we value our people. Helping our clients protect what matters most is crucial to who we are, and we are on the lookout for those who share the same passion.
We've developed a friendly, passionate, and entrepreneurial-focused culture, allowing you to share and learn alongside your fellow experts and colleagues. We offer educational opportunities to further develop your leadership skillset and industry knowledge.
WHAT WE'RE LOOKING FOR
If you're a self-motivated individual seeking work-life balance in a team-oriented culture - YOU can be our next Analyst in our Employee Benefits Division. In this role you will develop your knowledge of the group benefits industry, responding to client enquires, providing analytical support, problem solving and tackling new challenges everyday with the guidance and expertise of seasoned colleagues who care.
WHAT DO WE OFFER?
Competitive compensation with industry-leading benefits for you and your family Flexible work environment allowing you to work remotely when required Company matching RRSP contributions Mileage reimbursement for vehicle use Tuition financing and career-related training and development Customizable flexible benefits options for you and your family Mental and physical wellness initiativesA positive, collaborative, and team-oriented environment Ongoing personal and career development
A DAY IN THE LIFE
Provide direct day-to-day problem solving support for clients in relation to their group benefits programs Support client communication through drafting of formal letters, reports, and virtual and in-person meetings Perform data entry to support quarterly and annual financial analysis for a broad range of clients in a variety of industry sectors Review insurance contracts and financial statements Support the lead consultant in managing projects, conducting or directing research, and drawing meaningful conclusions from client and market data Gain insight and build knowledge of our organization, its services, people and purpose Data review, assumption setting, and report writing for actuarial valuations (actuarial track only)
REQUIREMENTS
Post-secondary degrees in Commerce, Mathematics, Actuarial Sciences, or Human ResourcesCompletion of courses related to Group Benefits (e.g. Certified Employee Benefits Specialist - CEBS, insurance license, and actuarial designation) are not required, but would be an asset Advanced Proficiency in MS Office: Word, Excel, PowerPoint and OutlookExcellent communication, project management, collaboration, and presentation skills Experience working in a high-paced, growth environment
OUR CULTURE STARTS WITH YOU
We are looking for SELF-STARTERS with an ENTREPRENEURIAL mindset who will take OWNERSHIP of their business We want you to be INNOVATIVE and open to sharing your ideas You work with URGENCY while providing a high level of PROFESSIONAL SERVICE towards our customers, communities, & colleagues. You are a TEAM PLAYER who positively impact those around them; We MOTIVATE each other to GROW TOGETHER You work with a high degree of INTEGRITY and ACCOUNTABILITY
To find associated positions at our HUB simply search my HUBbc as a keyword in the search bar on our careers page!
Department Human Resources
Required Experience: 1-2 years of relevant experience
Required Travel: No Travel Required
Required Education: Some college (no degree)
We are BC's largest Insurance Broker and looking for individuals to grow with us! A career at HUB means your career opportunities are endless. Our culture is renowned within the industry, and we value our people. Helping our clients protect what matters most is crucial to who we are, and we are on the lookout for those who share the same passion.
We've developed a friendly, passionate, and entrepreneurial-focused culture, allowing you to share and learn alongside your fellow experts and colleagues. We offer educational opportunities to further develop your leadership skillset and industry knowledge.
WHAT WE'RE LOOKING FOR
If you're a self-motivated individual seeking work-life balance in a team-oriented culture - YOU can be our next Analyst in our Employee Benefits Division. In this role you will develop your knowledge of the group benefits industry, responding to client enquires, providing analytical support, problem solving and tackling new challenges everyday with the guidance and expertise of seasoned colleagues who care.
WHAT DO WE OFFER?
Competitive compensation with industry-leading benefits for you and your family Flexible work environment allowing you to work remotely when required Company matching RRSP contributions Mileage reimbursement for vehicle use Tuition financing and career-related training and development Customizable flexible benefits options for you and your family Mental and physical wellness initiativesA positive, collaborative, and team-oriented environment Ongoing personal and career development
A DAY IN THE LIFE
Provide direct day-to-day problem solving support for clients in relation to their group benefits programs Support client communication through drafting of formal letters, reports, and virtual and in-person meetings Perform data entry to support quarterly and annual financial analysis for a broad range of clients in a variety of industry sectors Review insurance contracts and financial statements Support the lead consultant in managing projects, conducting or directing research, and drawing meaningful conclusions from client and market data Gain insight and build knowledge of our organization, its services, people and purpose Data review, assumption setting, and report writing for actuarial valuations (actuarial track only)
REQUIREMENTS
Post-secondary degrees in Commerce, Mathematics, Actuarial Sciences, or Human ResourcesCompletion of courses related to Group Benefits (e.g. Certified Employee Benefits Specialist - CEBS, insurance license, and actuarial designation) are not required, but would be an asset Advanced Proficiency in MS Office: Word, Excel, PowerPoint and OutlookExcellent communication, project management, collaboration, and presentation skills Experience working in a high-paced, growth environment
OUR CULTURE STARTS WITH YOU
We are looking for SELF-STARTERS with an ENTREPRENEURIAL mindset who will take OWNERSHIP of their business We want you to be INNOVATIVE and open to sharing your ideas You work with URGENCY while providing a high level of PROFESSIONAL SERVICE towards our customers, communities, & colleagues. You are a TEAM PLAYER who positively impact those around them; We MOTIVATE each other to GROW TOGETHER You work with a high degree of INTEGRITY and ACCOUNTABILITY
To find associated positions at our HUB simply search my HUBbc as a keyword in the search bar on our careers page!
Department Human Resources
Required Experience: 1-2 years of relevant experience
Required Travel: No Travel Required
Required Education: Some college (no degree)
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Benefits analyst job description example 3
CVS Health benefits analyst job description
Acts as a liaison and subject matter expert between our internal and external clients and the stop loss administrators. Reviews and manages stop loss claim filings. Resolves discrepancies between the amount requested and the amount reimbursed by the stop loss carrier.
Pay Range
The typical pay range for this role is:
Minimum: 18.50
Maximum: 33.65
Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.
Required Qualifications
- Ability to work independently and maintain service standards-Technical and Analytical skills- Proficiency in oral and written communications
COVID Requirements
COVID-19 Vaccination Requirement
CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.
You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.
Preferred Qualifications
- Stop Loss experience - Claims processing background - Financial background
Education
- Associates degree or higher
Business Overview
Bring your heart to CVS HealthEvery one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
Pay Range
The typical pay range for this role is:
Minimum: 18.50
Maximum: 33.65
Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.
Required Qualifications
- Ability to work independently and maintain service standards-Technical and Analytical skills- Proficiency in oral and written communications
COVID Requirements
COVID-19 Vaccination Requirement
CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.
You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.
Preferred Qualifications
- Stop Loss experience - Claims processing background - Financial background
Education
- Associates degree or higher
Business Overview
Bring your heart to CVS HealthEvery one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
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Updated March 14, 2024