Benefits Analyst - Health & Welfare
$61.4k - $102.4kMcKesson
McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve - we care.
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow's health today, we want to hear from you.
JOB SUMMARY
The Benefits Analyst supports the administration, maintenance, and continuous improvement of health and welfare benefit programs. This role serves as a key partner to employees, HR, Payroll, HRIS, Finance, vendors, and other stakeholders to ensure accurate benefit administration, financial reconciliation, compliance, and a positive employee experience. The analyst identifies opportunities to improve processes, leverage technology, and enhance operational efficiency while supporting the overall goals of the Benefits department.
KEY RESPONSIBILITIES
Benefits Administration & Data Management
- Support day-to-day administration of health and welfare benefit programs.
- Review, validate, and process benefits-related data within Workday and supporting systems.
- Analyze benefits data, identify discrepancies, and coordinate resolutions with Payroll, HRIS, vendors, and employees.
- Ensure timely and accurate employee enrollments, eligibility updates, and payroll deduction processing.
Financial Reconciliation & Vendor Management
- Perform recurring reconciliations of vendor invoices, eligibility files, premium billing reports, and participant account activity.
- Support vendor funding activities, including Health Savings Account (HSA) contributions and reimbursement account administration.
- Process payment requests and ensure accurate and timely financial reporting and vendor remittance.
- Partner with Accounting, Payroll, and vendors to resolve discrepancies and maintain data integrity.
Employee Support & Issue Resolution
- Respond to employee and HR inquiries regarding benefit programs, eligibility, enrollment, and plan provisions.
- Research, resolve, and escalat[e?]. Complex benefits issues when appropriate.
- Communicate benefits information in a clear, professional, and employee-friendly manner.
Annual Enrollment & Program Delivery
- Support planning, testing, validation, and execution of Annual Enrollment activities.
- Assist with benefit communications and educational materials.
- Participate in post-enrollment audits, reconciliations, and issue resolution activities.
Wellness & Employee Engagement
- Assist with wellness program administration and employee engagement initiatives.
- Coordinate with vendors and internal stakeholders to support program communications, presentations, and promotional activities.
Process Improvement & Technology Enablement
- Identify opportunities to streamline workflows, improve accuracy, and reduce manual effort.
- Leverage available technology solutions, reporting tools, automation capabilities, and AI-powered resources to improve operational effectiveness.
- Assist in identifying, testing, and implementing automation and AI-enabled solutions that improve benefits-related systems and processes, driving greater efficiency, accuracy, and enhance the employee experience.
JOB QUALIFICATIONS, SKILLS & KNOWLEDGE
Education
- Bachelor's degree in Human Resources, Business Administration, or a related field, or an equivalent combination of education and experience.
Experience
- 2+ years of experience in health and welfare benefits administration.
Skills & Knowledge
- Strong understanding of health and welfare benefit plan designs, regulations (ERISA, COBRA, HIPAA, ACA), and industry best practices.
- Strong proficiency in Microsoft Office Suite, particularly Excel (intermediate to advanced level for data analysis).
- Experience working with HRIS systems (e.g., Workday, SAP, Oracle) strongly preferred.
- Experience managing vendor relationships, reconciling benefit-related financial data, and analyzing large datasets preferred.
- Excellent analytical, problem-solving, and organizational skills.
- Excellent attention to detail and time management.
- Strong written and verbal communication skills, with the ability to explain complex benefit information clearly and concisely.
- Ability to work independently as part of a team and manage multiple priorities in a fast-paced environment.
- Demonstrated ability and willingness to leverage technology, automation, and AI-enabled tools to improve process efficiency, data accuracy, reporting, employee communications, and overall service delivery.
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, pleaseclick here.
Our Base Pay Range for this position
$61,400 - $102,400
McKesson job postings are posted on our career site: careers.mckesson.com.
McKesson is an Equal Opportunity Employer
McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson's full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.
McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) View email address on click.appcast.io or (Canada) View email address on click.appcast.io. Resumes or CVs submitted to this email box will not be accepted.
Join us at McKesson!
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