Sr. Benefits Analyst

Core Job Functions

• Researches and resolves benefit related issues and recommends solutions or alternate methods to ensure effective benefit operations.
• Conducts research on benefit programs including costing and utilization.
• Administers benefit plans such as 401k retirement plan and deferred compensation.
• Prepares reporting related to benefit plans, including 5500s, Summary Annual Reports, and support of the annual audit process.
• Researches and analyzes health and welfare benefit alternatives and recommends improvements in value cost proposition, accounting for competitive positioning, vendor qualification, and ROI.
• Identifies opportunities for operational improvements and works with various multi-functional project teams to implement identified changes.
• Aids in the review and design of benefit plans to determine optimal value for Team Members and the company.
• Analyzes benefits competitiveness compared with various benchmarks.
• Provides customer support for benefit programs through direct employee contact, and interfacing with external vendors and internal resources related to benefits.
• Responds to ongoing and ad hoc management information reporting needs in support of Benefits; ensures availability and accuracy of needed information while obtaining through most efficient means.
• Supports development, documentation, and ongoing modification of benefit budgets through analysis and direct contact with customers, external benefit vendors and consultants.
• Aids in the development of benefit communication materials in coordination with internal and external resources to support promotion of benefits value.
• Researches benefit legal and regulatory compliance issues and recommends optional action plans to ensure plan compliance.
• Performs ad hoc project work as directed.
• Adheres to University and unit-level policies and procedures and safeguards University assets.

Core Qualifications

• Bachelor’s degree in relevant field required
• Minimum 4 years of relevant experience required
• Knowledge, Skills and Abilities:
• Learning Agility: Ability to learn new procedures, technologies, and protocols, and adapt to changing priorities and work demands.
• Teamwork: Ability to work collaboratively with others and contribute to a team environment.
• Technical Proficiency: Skilled in using office software, technology, and relevant computer applications.
• Communication: Strong and clear written and verbal communication skills for interacting with colleagues and stakeholders.

The University of Miami is recognized as one of the nation’s premier research institutions and academic health systems and is among the largest employers in South Florida. With more than 20,000 faculty and staff, the University is committed to excellence and guided by a mission to positively impact the lives of students, patients, and communities locally and globally. We are dedicated to fostering a culture where every individual feels valued and empowered to contribute meaningfully. United by shared values, the University community works together to build an environment defined by purpose, collaboration, and service. The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Job Status: Full time
Employee Type: Staff