Benefits Analyst

Powell Industries • Houston, TX

386d

About The Position

The Benefits Analyst will assist in the analysis and administration of employee health benefit plans and programs. This role supports the planning, design, implementation, administration, and evaluation of healthcare plans and related services.

Requirements

• Bachelor's degree in business administration, Human Resources, or related field; or equivalent combination of education and experience.
• Minimum of 2-4 years of experience in benefits program management; benefit administration including vendor relationships and process and procedure development.

Nice To Haves

• Demonstrated ability to lead projects from concept to implementation.
• Experience working both independently and in a team-oriented, collaborative environment.
• Effective influencing, conflict management, and negotiation skills.
• Strong analytical and problem-solving skills.

Responsibilities

• Assist with the administration of employee benefit programs such as retirement plans and health and welfare plans.
• Act as a liaison with brokers, carriers, consultants, and vendors.
• Provide guidance and assistance to employees and division Human Resources Departments on benefit and leave related matters.
• Perform periodic audits of employee elections, deductions, and funding accounts.
• Troubleshoot and resolve employee, system, process, and integration issues with HR systems and/or vendors.
• Reconcile vendor invoices, verifying eligibility counts and calculating costs.
• Assist with the development of annual enrollment communications and ongoing benefit related communications.
• Prepare and coordinate the development and distribution of required benefit summaries and other benefit related documents.
• Understand and interpret applicable benefit regulations including ERISA, PPACA, and HIPAA.
• Assure company compliance with provisions of ERISA and prepare reports required by law.
• Respond to and maintain records of Qualified Medical Support Orders (QMSCOs).
• Other related duties as assigned.

Benefits

• Comprehensive health insurance for you and your family.
• 401k savings plan.
• Annual bonus potential.
• Generous paid time off.
• Professional development opportunities.
• Company-sponsored wellness programs.
• Collaborative work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree