Benefits and Compensation Analyst

$76,839 - $86,444/Yr

Developmental Pathways - Aurora, CO

Full-time - Mid Level

Remote - Aurora, CO

Ambulatory Health Care Services

About the position

The Benefits and Compensation Analyst at Developmental Pathways Inc. is responsible for developing, administering, and maintaining the company's benefits and compensation programs. This role involves advising on Total Rewards strategy, ensuring compliance with legal requirements, and implementing new initiatives. The analyst will serve as the primary contact for employees regarding benefits and compensation, support internal partners, and maintain vendor relationships.

Responsibilities

• Administer employee benefit policies, programs, and plans including group health, dental, vision, life and supplemental insurance, flexible spending plan, tuition reimbursement, and 401(k) plan.
• Identify and advise around compensation needs and opportunities and develop project plans for implementing initiatives.
• Partner with the Payroll Specialist to process annual employee increases and off-cycle adjustments.
• Serve as backup to Payroll Specialist, processing payroll to ensure employees are paid on time in accordance with federal and state wage and hour regulations.
• Manage day-to-day benefit issues with brokers and carriers ensuring they provide consistent, quality service.
• Research, evaluate, develop, and maintain compensation programs, methods, and systems.
• Monitor and maintain the HRIS benefits module including employee benefits eligibility, enrollment changes, COBRA, benefits plan setup, and qualifying events.
• Respond to employee inquiries about our benefits programs and assist with employee enrollment into benefits.
• Assist in open enrollment preparation, communication, and administration including employee benefits education and updates to HRIS and benefits orientation software.
• Ensure ongoing compliance with COBRA, HIPAA, ACA, Medicare, and ERISA regulations including distribution of required notices/tax forms, audits, and testing.
• Complete monthly benefits billing and reconciliation accurately and forward to appropriate internal contact for timely payment.
• Prepare and present reports and recommendations to leadership regarding compensation-related initiatives.
• Provide guidance and expertise on regulatory compliance and best practices related to compensation.
• Develop communication and training materials to explain compensation programs, policies, and decisions to employees at all levels.
• Conduct annual salary benchmarking, job evaluation, and market analysis of new and updated positions.

Requirements

• Minimum of four (4) years of experience in benefits and compensation work.
• Bachelor's degree in HR, Finance, Business Administration, or a similar field and/or Associate's degree or relevant certificate with additional equivalent experience.
• A working knowledge of the legal requirements required for benefits administration and compliance, including but not limited to the application of COBRA, HIPAA, ACA, IRS, Medicare, and ERISA regulations.
• A working knowledge of the legal requirements required for compensation administration including FLSA, Colorado COMPS, and DOL regulations.
• Strong analytical and problem-solving skills.
• Attention to detail and accuracy.
• Proficiency in Excel.
• Strong written and verbal communication skills.
• Demonstrated expertise in collecting, organizing, and interpreting data.

Nice-to-haves

• Experience in payroll administration.
• Experience in Paycom or similar HRIS.
• Three (3) years working in a nonprofit environment and/or I/DD field.
• Certified Compensation Professional (CCP) and/or Certified Benefits Professional (CBP).

Benefits

• Paid training
• Work from home stipend
• Mileage reimbursement
• Paid holidays
• Disability insurance
• Health insurance
• Dental insurance
• Tuition reimbursement
• Paid time off
• Employee assistance program
• Vision insurance
• 401(k) matching
• Loan forgiveness
• Credit union membership
• Flexible schedule
• Life insurance