Strategic Benefits Analyst - HR Benefits

Job Description

Description

Become part of an inclusive organization with over 40,000 diverse employees, whose mission is to improve the health and well-being of the unique communities we serve.

Summary:
Supports the strategy and development of the design, administration, and education of health and welfare employee benefit programs for the health care system.

Responsibilities:

1. Benefit Design- Assures processes and procedures are in place to capture and maintain consistent and accurate benefit related data. Assists with employee data auditing and reporting. Monitors plan limits, eligibility and other restrictions on plan participation to ensure compliance with both plan provisions and government requirements. Compiles, analyzes and reports benefit data including employee, benefit plan and financial for benefits strategic planning and evaluation

2. Benefit Plans- Monitors eligibility, limitations, and restrictions of plan participants and ensures compliance with both plan provisions and government requirements. Responsible for data necessary to complete compliance activities, employee mailings, vendor billings/reconciliations, coordinating data collection and updating numerous management reports. Develops, conducts and participates in a variety of presentations to inform and educate management and employees about changes in benefit plans, administrative practices and legislative requirements. Assists in the development of business processes. Serves as a liaison with service providers in business planning and benefit program interpretation. Assist in the business development and planning processes with service providers. Research current benefit trends and regulatory/legislated requirements and recommends changes as needed. Provides guidance and counsel to HRIS representatives, and managers on the requirements and provisions of benefit programs and assist with the resolution of potential problems. Coordinate the design and communication of annual benefit enrollment materials

3. Compliance- Assures compliance with all applicable state and federal regulations. Provides input and specifications need for RFI’s. Analyze proposals and renewal information and interprets insurance carrier contracts. Review best practices and benchmark surveys to ensure that current plan offerings are competitive. Review legal compliance documentation (SPDs, SARs)

Education Requirements:

• Bachelor's degree in administration or related field.

Professional Experience Requirements:

• Four (4) years of relevant experience.

• Basic knowledge of ERISA, employee benefit programs Requires strong communication skills, good writing skills, strong customer service and financial/analytical skills. Excellent organizational skills Must be comfortable working independently and making decisions. Must be a problem-solver Must remain open to change and new information and ideas and adapt to the same. Must encourage and foster cooperation and teamwork. Proficient with Microsoft Office Excel PowerPoint and Word

Job Details

Legal Employer: NCHEALTH

Entity: Shared Services

Organization Unit: HR Benefits 

Work Type: Full Time

Standard Hours Per Week: 40.00

Work Schedule: Day Job

Location of Job: US:NC:Morrisville

Exempt From Overtime: Exempt: Yes

This position is employed by NC Health (Rex Healthcare, Inc., d/b/a NC Health), a private, fully-owned subsidiary of UNC Health Care System, in a department that provides shared services to operations across UNC Health Care; except that, if you are currently a UNCHCS State employee already working in a designated shared services department, you may remain a UNCHCS State employee if selected for this job.