COMPANY OVERVIEW:
For more than 25 years, HealthComp has been dedicated to transforming benefits administration. With over 500,000 covered members and 400+ clients, HealthComp is one of the nation’s leading independent health plan administrators for self-funded employer groups. Bringing together concierge-level service, operational excellence, powerful analytics, and cost management, HealthComp has built a solution that integrates seamlessly with any benefits ecosystem. HealthComp has offices in California, Illinois, Kentucky, Louisiana, West Virginia, and Pennsylvania. For more information, visit https://healthcomp.com/
SUMMARY:
As an Employee Benefits Analyst you’ll be responsible for supporting the employee benefits function by providing a variety of services necessary to facilitate benefit enrollment, process changes, counsel/assist employees with benefit plan changes/decisions, processing benefit deductions including reporting and updating related information in the third-party administrator and HealthComp’s systems.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
· Responsible for benefit administration of all benefit plans offered by HealthComp
· Processing changes, updating records, coordinating changes with vendors, monitoring/reporting changes and answering routing questions
· Develop and maintain proficiency with benefits and payroll systems to ensure accurate coordination of transaction entries
· Maintain relationship with third party benefits vendors in order to successfully facilitate procurement process
· Reconcile benefit deductions for biweekly payroll processing
· Respond to inquiries from all plan participants regarding benefit enrollment, plan provisions, status changes and other general inquiries by answering calls/emails professionally and efficiently
· Ensure accuracy of personal and beneficiary information in the HRIS tool by performing quality checks of benefits related data
· Maintain pulse of all employer benefit related best practices and trends
· Provide innovative ideas and identify process improvements of internal procedures and policies
· Support open enrollment to include presentation creation, content delivery, communication plans and Q&A’s
· Oversee the HIPPA and COBRA administration for employees and maintain other aspects of benefit continuation of participants
· Review and analyze changes to state and federal laws pertaining to benefits to ensure HealthComp compliance with provisions of Employee Retirement Income Security Act and the Affordable Care Act
· Partner with leader to ensure all health, welfare, and retirement legal filings are completed and submitted in a timely manner
· Maintain strict confidentiality in respect to employee personal information and employee benefit information
QUALIFICATIONS:
· 3-5 years proven work experience as an Employee Benefits Analyst preferably in a corporate setting
· Thorough understanding of state and federal regulations relating to benefit plans and applicable laws relating to benefit administration including; COBRA, HIPPA, ERISA and be able to effectively work within company policies and state/federal laws
· Familiarity with HR Databases, Applicant Tracking Systems and Candidate Management Systems
· Strong decision-making skills
· Sufficient depth of knowledge in employment law
· Excellent people skills and ability to build rapport with business partners, leadership, vendors and employees
· Proven ability to influence across a matrix of business constituents
· High degree of computer literacy with strong working knowledge of Microsoft Office Suite
· Excellent written and verbal communication skills
EDUCATION and/or EXPERIENCE
· Bachelor’s degree; or equivalent experience
· 3-5 years of professional Employee Benefit Analyst experience preferred
HealthComp is an equal employment opportunity employer.
Job Type: Full-time
Pay: $70,000.00 – $90,000.00 per year
Benefits:
Schedule:
Experience:
Work Location: Remote
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