Benefits Analyst

Current Employees and Contractors Apply HereOsaic Careers

Human Resources Opportunity in Financial Services

Benefits Analyst

Location(s):

Atlanta: 2300 Windy Ridge Pkwy SE, Suite750, Atlanta, GA 30339

La Vista:12325 Port Grace Blvd, La Vista, NE 68128

Oakdale: 7755 3rd St. N, Oakdale, MN 55128

Scottsdale: 18700 N Hayden Rd, Suite 255, Scottsdale, AZ 85255

St. Petersburg: 877 Executive Center Dr. W, Suite 300, St. Petersburg, FL 33702

Osaic is not considering remote candidates at this time.

Osaic has returned to the office on a hybrid schedule requiring a minimum of 4 days weekly in the office. Applicants should be located at one of our hubs listed above and must be willing to work this schedule.

Role Type:

Full-time, Exempt

Salary: $78,000 - $104,000 per year + annual performance-based bonus

Actual compensation offered will be determined individually, based on several job-related factors, including location, skills, licensure, experience, and education.

Our competitive compensation is just one component of Osaic's total compensation package. Additional benefits include health, vision, dental insurance, 401k, paid time away, volunteer days and much more. To view more details of what you can look forward to, visit our careers page:Osaic Benefits.

Summary:

The Benefits Analyst is responsible for the ongoing administration, optimization, and financial integrity of the company's employee benefit programs. This role serves as a trusted subject-matter expert, partnering closely with vendors, Payroll, HRIS, Finance, and internal stakeholders to ensure benefit plans are administered accurately, compliantly, and cost-effectively.

This position leads complex operational work including vendor management, self-billed plan administration, invoice reconciliation, advanced functional Workday Benefits administration and design, and benefits-related data analysis, while providing escalation-level employee support.

Education Requirements:

Bachelor's degree in Human Resources, Business, Finance or a related field preferred, high school diploma (or equivalent) in combination with significant practical experience will be considered in lieu of degree.Minimumofhighschool diploma or equivalent isrequired.

Responsibilities:

Benefits Administration Support

• Serve as a primary administrator for health and welfare, retirement, and ancillary benefit plans.
• Own benefit lifecycle events including eligibility, enrollments, status changes, terminations, and audits.
• Configure, test, and maintain benefit plans within Workday Benefits, ensuring accurate rules, eligibility, and integrations.
• Act as the escalation point for complex benefits issues and employee inquiries.

Vendor Management & Plan Administration

• Manage day -to day relationships with benefit carriers, third-party administrators (TPAs), and brokers.
• Lead vendor issue resolution, including eligibility discrepancies, billing errors, and service-level concerns.
• Participate in vendor performance reviews and support renewals, plan changes, and implementations.
• Coordinate and validate data exchanges between Workday, payroll, and benefit vendors.

Self-Billing, Invoicing & Financial Controls

• Own monthly self-billed and fully insured carrier invoice reconciliation, ensuring accuracy of enrollments, premium rates, and employer/employee contributions.
• Partner with Finance and Payroll to resolve billing discrepancies, benefits general ledger account analyses and ensure timely payment.
• Track adjustments, credits, and retroactivity; document outcomes and maintain audit-ready records.
• Support budgeting and cost analysis by identifying trends, variances, and potential risks.

Data Integrity, Audits & Compliance

• Lead routine and ad-hoc audits across Workday, payroll, and vendor systems to ensure data accuracy.
• Support compliance activities including ACA reporting, COBRA, 401(k) audits, nondiscrimination testing, and other regulatory requirements.
• Maintain strong data governance and confidentiality standards.
• Develop and maintain process documentation and controls to support internal and external audits.

Reporting & Analysis

• Produce and analyze benefits-related reports for HR, Finance, and leadership using Workday and Excel.
• Identify trends related to enrollment, utilization, costs, and employee experience.
• Provide insights and recommendations to improve plan effectiveness, administrative efficiency, and employee understanding.

Cross-Functional Partnership & Process Improvement

• Partner closely with Payroll, HRIS, Finance, and HR Business Partners to ensure seamless benefits operations.
• Identify opportunities to streamline processes, improve data accuracy, and enhance employee experience.
• Contribute to open enrollment strategy, testing, communications, and post-enrollment reconciliation.
• May provide guidance or informal mentorship to Benefits Specialists.
• May provide back up to Benefits Specialists during vacations and other project or out of office times for those functions.

Basic Requirements:

• Bachelor's degree in HR, business, or related field.
• 5 - 8 years of experience in benefits with prior experience with demonstrated ownership of complex processes.
• Direct experience managing vendor relationships, including carriers and TPAs.
• Hands-on experience with self-billing and detailed invoice reconciliation.
• Strong experience administering benefits in Workday Benefits (configuration, audits, reporting).
• Advanced Excel skills (e.g., pivot tables, lookups, reconciliation analysis).
• Strong analytical, problem-solving, and financial acumen.
• Ability to manage multiple priorities with minimal oversight in a fast-paced environment.
• Excellent written and verbal communication skills with the ability to explain complex topics clearly.

Preferred Qualifications

• Experience supporting multi-state or large employee populations.
• Experience with self-funded plans.
• Exposure to benefits renewals, implementations, or M&A-related benefits transitions.
• CBP, CEBS, or other relevant certifications (or willingness to pursue).

Current Employees and Contractors Apply Here