Benefits Analyst (I, II, III, or IV)
Everus · Bismarck, ND · Today
On-site$57k–$106k/yrFull-time
Job Summary
Responsible for ensuring legal compliance, operation, and administration of corporate benefit programs including, but not limited to monitoring, tracking, researching, and analyzing claims, fees, and participation data; and reporting and making recommendations for process improvements, systems enhancements, and effective cost control.
Provides expertise and customer service to corporate and business unit human resources staff members to help the corporation achieve its strategic benefit objectives.
Understands, upholds, and promotes the Everus 4EVER Strategy.
Minimum Qualifications
- Benefits Analyst I: Bachelor’s degree in human resources, business administration, accounting, related field, or four years of benefits equivalent experience with group insurance (i.e. health and welfare or retirement benefit plans).
- Benefits Analyst II: Bachelor’s degree in human resources, business administration, accounting, related field, or equivalent experience; and two years in-depth benefits experience in welfare and qualified plans.
- Benefits Analyst III: Bachelor’s degree in human resources, business administration, accounting, related field, or equivalent experience; and five years in-depth employee benefits program management and compliance experience in welfare and qualified plans.
- Benefits Analyst IV: Bachelor’s degree in human resources, business administration, accounting, related field, or equivalent experience; and seven years in-depth employee benefit program management, benefits accounting, funding, and compliance experience in welfare and qualified plans.
JOB RESPONSIBILITIES
- Tracks, monitors, and analyzes claims, fees, premiums, costs, data and access; reconciles discrepancies; interprets analysis; develops summary reports, including analysis and interpretation for management review and decision making.
- Makes observations or recommendations for process improvements, systems enhancements, and effective cost control, and interface with corporate accounting to assure accurate tracking.
- Captures, compiles, and tests data to complete all nondiscrimination and coverage testing, true-up calculations, and/or premium building for various benefit and retirement plans, plan design considerations, compliance, and other requirements.
- Coordinates, implements, and updates approved benefit changes, and/or regulatory changes (e.g. Health Insurance Portability and Accountability Act (HIPAA) including understanding, designing, and streamlining systems, processes, and procedures; provide assistance in employee benefit communications).
- Coordinates, completes, and submits benefits surveys; maintains survey results and benchmarks corporate benefit plans against national and industry specific for competitiveness.
- Provides routine reports of findings to manager.
- Prepares and presents benefit recommendations, changes, and updates; interfaces with internal and external auditors regarding benefits and retirement plans.
- Serves as resource for Everus and its companies human resources teams on existing benefits, including plan design, funding, and premium building.
- Coordinates, researches, reports, and analyzes various benefit requests from senior analysts and manager, including coordination or benefits budget preparation.
- Provides monthly benefits budget variance reports to manager.
- Affords assistance with analysis of renewals, plan changes, premium rates, and contract review.
- Responsible for systems knowledge, including but not limited to tracking, report generation, and plan design implications.
KEY SKILLS AND COMPETENCIES
- Excellent written and oral communication skills, with ability to persuade and influence others;
- Strong customer service skills along with the ability to maintain confidentiality and build and maintain solid internal and external relationships;
- Knowledge and application of statistical analysis techniques, benefits design, and compliance with employee benefit laws and regulations;
- Self-motivated, team player with excellent interpersonal skills, and solid facilitation skills;
- Strong attention to detail with ability to manage multiple priorities and projects while meeting deadlines;
- Strong knowledge/experience in Microsoft Word and Excel;
- Maintains confidentiality of employee information.
BENEFITS PACKAGE
- Salary Range: $57,170 - $105,770
- Annual short-term incentive bonus of up to 20% of eligible wages based on eligibility and company goal achievement
- Medical insurance (health savings account), including free programs Hinge Health and Omada
- Enhanced mental health and work-life services through Lyra Health
- Virtual care through Doctor on Demand
- Prescription delivery service
- Dental insurance
- Vision insurance
- Life insurance for employees, spouses, and dependents
- Accidental death and dismemberment (AD&D) insurance
- Flexible spending accounts
- 401(k) plan with matching contribution and retirement contribution
- Hospital Insurance
- Accident Insurance
- Critical Illness Insurance
- Disability insurance
- Sick leave
- Vacation
- 11 paid holidays
- Flexible work hours, where feasible
- Employee discount programs
ADDITIONAL INFORMATION
- The preferred location for this position is our corporate headquarters in Bismarck, North Dakota.
- We are open to considering qualified candidates for hybrid or remote work arrangements.
- Background Check, MVR and drug screen is required.
- May be required to maintain a valid driver’s license.
- Requires minimal travel (up to 10%) including in-state and out-of-state by car and/or plane with overnight stays.
- Everus Construction Group, Inc. and our subsidiaries do not work with any third-party recruiters or agencies without a valid signed agreement and partnership with the Corporate Human Resources Team.
- Employment Authorization: Candidates must be legally authorized to work in the United States on a full-time basis.
- Everus Construction Group, Inc. and its subsidiaries do not provide sponsorship for employment visas now or in the future.