Benefits Analyst II

What this Job Entails: 

The Benefits Analyst II will handle the administration of retirement and health and welfare employee benefit programs. The hire will assure compliance with all applicable state and federal regulations. Responsibilities include explaining benefits and assisting in the business development and planning processes with service providers. Compiles, analyzes and reports data including employee, plan financials for strategic benefits planning and evaluation. Provides benefit plan interpretation, guidance and counsel to employees. The position will inform and educate employees and management. 

Scope: 

• Applies company policies and procedures to resolve a variety of issues

• Works on problems of moderate scope

• Receives general instructions on routine work and detailed instructions on new projects

Your Roles and Responsibilities:

• Monitors eligibility, limitations, and restrictions of plan participations and ensures compliance with both plan provisions and government requirements. 

• Provides guidance and counsel to employees and managers on the requirements and provisions of benefit programs, and assists with the resolution of potential problems. 

• Coordinates the design and communication of annual benefit enrollment materials and Total Reward Statements. 

• 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. 

• Assists with bid specifications, analyzes proposals and renewal information, and interprets insurance carrier contracts. 

• Participates in the development of business processes. 

• Manages data necessary to complete government compliance activities (5500s, audits, etc.), employee mailings, vendor billings, coordinating data collection and updating numerous reports for management. 

• Assures processes and procedures are in place to capture and maintain consistent and accurate benefit related data. 

• Oversees employee data auditing and reporting. 

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

• Administers COBRA compliance. 

• Researches current benefit trends and regulatory/legislated requirements and recommends programs/changes to the Director, Employee Benefits. 

• Compiles, analyzes and reports benefit data including employee, benefit plan and financial for Benefit's strategic planning and evaluation, best practices and benchmark surveys. 

• Other duties as required. This list is not meant to be a comprehensive inventory of all responsibilities assigned to this position

Required Qualifications/Skills:

• Bachelor’s degree (B.S/B.A) from four-college or university and 2 to 5 years’ related experience and/or training; or equivalent combination of education and experience 

• Builds productive internal and external working relationships

• Exercises judgment within defined procedures and practices to determine appropriate action

Preferred Qualifications: 

• N/A

Physical Demand & Work Environment:

• Must have the ability to perform office-related tasks which may include prolonged sitting or standing

• Must have the ability to move from place to place within an office environment

• Must be able to use a computer

• Must have the ability to communicate effectively 

• Some positions may require occasional repetitive motion or movements of the wrists, hands, and/or fingers

Salary Range

$59,812.00 - $94,440.00 USD (Salary)

• Please note that the salary information provided herein is base pay only (gross); it does not include other forms of compensation which may or may not apply to this specific position, namely, performance-based bonuses, benefits-related payments, or other general incentives - none of which are guaranteed, may be subject to specific eligibility requirements, and are wholly within the discretion of Astreya to remit.
• Further, the salary information noted above is a range that consists of a minimum and maximum rate of pay for this specific position. Where an applicant or employee is placed on this range will depend and be contingent on objective, documented work-related considerations like education, experience, certifications, licenses, preferred qualifications, among other factors.

Astreya offers comprehensive benefits to all Regular, Full-Time Employees, including:

• Medical provided through UHC (PPO, HSA, Surest options) / Medical provided through Kaiser (HMO option only) for California employees only

• Dental provided through UHC

• Nationwide Vision provided by UHC

• Flexible Spending Account for Health & Dependent Care

• Pre-Tax Account for Commuter Benefit/Parking & Transit (location-specific)

• Continuing Education and Professional Development via various integrated platforms, e.g. Udemy and Coursera

• Corporate Wellness Program provided by Goomi Group

• Employee Assistance Program

• Wellness Days

  401k Plan

• Basic and Supplemental Life Insurance

• Short Term & Long Term Disability

• Critical Illness, Critical Hospital, and Voluntary Accident Insurance

• Tuition Reimbursement (available 6 months after start date, capped)

• Paid Time Off (accrued and prorated, maximum of 120 hours annually)

• Paid Holidays

• Any other statutory leaves, paid time, or other ancillary benefits required under state and federal law