Benefits Analyst at MAT Holdings, Inc

The Benefits Analyst is responsible for managing analyzing and optimizing an organizations employee benefits programs such as health insurance retirement plans and wellness initiatives. Their primary goal is to ensure that benefit offerings are competitive cost-effective compliant with regulations and support employee satisfaction and retention.Principle ResponsibilitiesProgram Administration: Administer day-to-day operations of benefits plans (e.g. health dental vision 401(k) leave of absence programs). This includes managing enrollment processes for new hires and during annual open enrollment periods as well as processing changes and terminations.Data Analysis & Reporting: Collect and analyze data on benefits utilization costs and market trends to identify opportunities for improvement and cost-saving strategies. Prepare reports and presentations for management to inform decision-making.Compliance: Ensure all benefit programs comply with federal state and local laws and regulations such as the ACA ERISA HIPAA and COBRA. This may involve preparing and submitting required compliance filings (e.g. Form 5500s).Vendor Management: Collaborate with external vendors insurance carriers and brokers to manage contracts resolve claims issues and ensure effective service delivery.Employee Communication & Support: Serve as a primary point of contact for employee benefits questions explaining options and procedures clearly and with discretion for confidential information. Develop communication materials handbooks and host educational meetings or orientations.Strategy & Recommendations: Research industry best practices to benchmark the companys offerings and recommend enhancements to existing plans or the introduction of new programs to attract and retain talent. Qualifications : CompetenciesExceptional organizational interpersonal and communication skills both oral and writtenEagerness to work independently as well as part of a team with flexibility and willingness to learn and take initiative on a variety of tasks and projects in a fast-paced environmentAbility to maintain confidentiality of information and exercise good judgment and discretion in handling and disseminating informationHighly detail-oriented with the ability to handle shifting deadlines and prioritiesHigh level of commitment sound judgment excellent follow-through and initiativeEducation/ExperienceBachelors degree preferably in Business Administration Human Resources Management or equivalent experienceThree years of Benefits experience in a medium-sized organization with employees in multiple states.Strong working knowledge of governmental regulations related to benefits such as ADA FMLA HIPAA COBRA ERISA FLSA and ACA.Demonstrated experience in the administration of various benefit programs including medical dental vision EAP life insurance and disabilityExperience working with highly confidential information while maintaining discretion.The posted salary range for this position is $65000 to $85000 annually. Final compensation will be determined based on the candidates skills experience and qualifications.Additional Information : All your information will be kept confidential according to EEO guidelines.Remote Work : NoEmployment Type : Full-time Key Skills Sales Experience,Microsoft Office,Customer Service,Communication skills,Microsoft Outlook,Microsoft Word,Business Management,Benefits Administration,Microsoft Excel,Insurance Sales,Customer relationship management,Human Resources Experience: years Vacancy: 1