Sr. Benefits Analyst
Job Summary
We are seeking a highly skilled Benefits professional to serve as a key partner in communication, administration, strategic planning, and continuous improvement of the company's health, retirement, and wellness programs across the US. This role serves as a trusted partner to employees, HR leadership, vendors, and cross-functional teams.
Principal Duties & Responsibilities
Partner with the 401(k)-record keeper on any escalated employee issues, support the accurate maintenance of employee records in coordination with payroll, lead the annual non-discrimination testing, 401(k) audit and 5500 filing, and partner with the corporate and field HR teams to improve 401k plan education across all facilities.
Partner with the benefits team, broker, and vendors on plan design strategies and enhancements. Act as a strategic thought partner in the review of plan utilization and engagement. Lead the annual Open Enrollment (OE) process including RFP review, vendor implementations, online website testing, and data tracking. Provide overall communication materials, training, support, and reporting for plan elections and utilization.
Respond to escalated employee benefit inquiries, contact vendors as needed to resolve complex issues. Investigate for root-cause of any issues, coordinate across teams for issue resolution. Recommend and implement process or communication improvements to proactively prevent issues and/or improve employee self-service experience.
Lead the development, coordination, and delivery of wellness materials and overall benefit plan education across all facilities.
Audit benefit data for accuracy and compliance. Oversee the file feed process with benefit vendors, including resolving any issues/errors. Provide support for tracking plans' financial information and all annual compliance reporting (RxDC, 5500 filings, PCORI, Creditable Coverage notices, etc).
Support the Benefits Manager in the coordination of executive benefits as needed.
Experience & Skills
5+ years of progressive experience managing employee benefits programs, including hands-on oversight of 401(k) administration, open enrollment planning and support, annual audit/testing processes, employee engagement, and vendor coordination.
Strong verbal and written communication skills, with the ability to effectively communicate and build relationships with employees at all levels of the organization.
Strong critical thinking skills with the ability to collaborate effectively in a team environment, while proactively identifying opportunities for improvement and evaluating what could have been done better to drive continuous growth and efficiency.
Demonstrated experience partnering with third-party administrators (TPAs), such as bswift or similar, to support employee benefits administration, including eligibility management, data reconciliation, issue resolution, and ensuring compliance with plan provisions and service level expectations.
Advanced proficiency in Microsoft Office Suite applications, (specifically Excel) with experience utilizing human resources information systems (HRIS), preferably UKG, to maintain benefits data integrity, generate reports, and support accurate HR and benefits administration processes.
Education
BA/BS or equivalent is preferred.
SPHR or CEBs certification preferred.
Compensation/Benefits
The base salary for this position ranges from a low of $90,640 to a maximum of $135,960, with offers typically between the low and middle of the range, based on education, skills, experience, and internal equity among other factors.
This role is also eligible to participate in the company annual discretionary bonus plan based on company and individual performance.
As part of a complete total rewards package, OSI also offers comprehensive paid time off (sick, vacation, holidays and other programs), 401k with matching company contributions, a full suite of benefit offerings (medical, dental, vision, life, disability and other voluntary coverages) for you and your family and educational assistance with opportunities for professional development.