Senior Compensation and Benefits Analyst
PIP Global Safety · Latham, NY · 3 wk ago
Human ResourcesFull-time
Responsibilities
- Administers employee benefits programs including medical, dental, vision, life, disability, and supplemental insurance plans.
- Manages employee enrollments, terminations, life status changes and in HRIS and with benefit carriers.
- Processes and tracks leave-of-absence requests including FMLA, disability, and personal leaves; interprets policy implications and ensures proper documentation.
- Maintains benefits enrollment, life status changes, and leave-of-absence requests (medical, personal, disability, FMLA); interprets FMLA and ADA implications.
- Serves as a resource for employee inquiries regarding benefits eligibility, coverage, claims, and plan provisions.
- Ensures compliance with COBRA, HIPAA, ERISA, and other applicable regulations through accurate documentation and reporting.
- Coordinates annual open enrollment, including preparation of materials, system updates, and employee communications.
- Prepares reports for billing and allocation purposes.
- Maintains current knowledge of benefits trends, market conditions, and regulatory changes.
- Coordinates 401(k) plan administration in partnership with Finance.
- Researches industry benchmarks and trends to recommend enhancements to benefit offerings.
- Conducts employee surveys and demographic analyses to support benefit provider selection and quoting.
- Participates in the identification and selection of carriers and plans based on cost, coverage, and organizational needs.
- Collaborates with brokers and investment planners to design competitive, cost-effective benefits packages.
- Maintains and updates job descriptions and classifications in alignment with organizational standards.
- Supports compensation benchmarking by collecting market data and preparing comparative analyses.
- Assists in developing and maintaining salary structures and ensuring accurate compensation data in HR systems.
- Evaluates and implements job analysis tools and methodologies.
- Prepares summary reports on job and compensation analyses for leadership review.
- Manages service anniversary recognition program in partnership with external vendor, ensuring timely delivery and accuracy.
- Administers the spot award program, including tracking nominations and processing awards.
- Collaborates with the employee engagement committee on recognition initiatives and related projects.
Qualifications
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- Minimum of 5 years of progressive experience in compensation and benefits administration.
- Experience with HRIS systems and benefits administration software.
- Knowledge of employment laws and regulations, including COBRA, HIPAA, ERISA, and FMLA.
- Strong analytical skills and ability to interpret and apply complex policies and procedures.
- Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of employees and management.
- Proficiency in Microsoft Office Suite, particularly Excel for data analysis and report preparation.