Senior Benefits Analyst
Starbucks
With a career at HMSHost, you really benefit! We Offer
Essential Functions:
- Health, dental and vision insurance
- Generous paid time off (vacation, flex or sick)
- *401(k) retirement plan with company match
- *Company paid life insurance
- *Tuition reimbursement
- Employee assistance program
- Training and exciting career growth opportunities
- Referral program - refer a friend and earn a bonus
Essential Functions:
- Develops and maintains positive working relationships with benefit vendors, ensuring issues and questions are handled efficiently and accurately according to regulatory and contractual obligations.
- Serves as primary point of contact for NASC and Field Human Resources team members.
- Resolves cases set up by benefit administration vendors for timely, consistent, and accurate administration.
- Coordinates system changes, updates, deduction management, and testing between various systems and vendors.
- Identifies issues or problems, follows up to recommend and implement appropriate solutions.
- Performs eligibility and enrollment verifications.
- Performs tasks related to financial administration of benefit plans (funding, journal entries, participant direct payments, etc.)
- Performs compliance tasks required by ERISA, IRS, and DOL, or locale-specific regulations.
- Coordinates directives and orders with TPA and directly responds to numerous other inquiries (QMCSO orders, state, Medicare Secondary Payor and Data Match, QDROs) as required.
- Assists in preparing and reviewing benefit communication materials for required content and readability for plan participants.
- Thoroughly researches and responds to all inquiries and appeals received by the Benefits Department while adhering to deadlines and applicable regulations.
- Coordinates and conducts events such as benefits orientation, Annual Benefits Fair, and wellness activities.
- Sr Benefit Analyst position as described falls under the Fair Labor Standards Act as an Exempt position.
- This position reports to the Senior Director Benefits.
- In a technical role: Requires 6-8 years of experience engaged in administering health & welfare and/or retirement benefit plans. A bachelor's degree in a program related to the functional area can count for 3 of the 6-year requirement.
- In the industry: Hospitality, F&B and/or Retail experience 3-5 years.
- Specialized Training requirements:
- Training that leads to an in-depth understanding of benefit plan operation and compliance functions, such as eligibility, enrollment, funding, communications, and reporting.
- Working knowledge of state and federal IRS/DOL regulations and statutes, such as ERISA, ACA, HIPAA
- Specialized Skillset/Competencies/Traits
-
- Highly proficient in all areas of the Microsoft Office suite (Word, Excel, PowerPoint, and Outlook).
- Demonstrated attention to detail, strong time management, customer service skills, and organization skills.
- Requires the ability to maintain information in confidence.
- Requires strong oral, written, and interpersonal communication skills.
- Requires experience administering multi-employer benefits plans and collective bargaining agreements.
- Demonstrated history of understanding the needs of the business, stakeholders, the employee population and individual circumstances.
- This position is based at the MD North American Support Center
- May require occasional travel to NJ North American Support Center or other locations
Vacancy posted 3 days ago
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