North America Benefits Analyst

Posted 18 Nov 2022

Bonifacio Global City, Metro Manila - Philippines

Req Id 257880

 

A career at our company is an ongoing journey of discovery: our 58,000 people are shaping how the world lives, works and plays through next generation advancements in Healthcare, Life Science and Electronics. For more than 350 years and across the world we have passionately pursued our curiosity to find novel and vibrant ways of enhancing the lives of others.

 


Your Role:

The Health and Welfare Benefits Analyst is responsible for US Health & Welfare plans and Leave of Absence administration, including plan administration, communication & education, vendor management and compliance. Provides subject matter expertise on all Health & Welfare plans to effectively resolve a diverse range of issues. Assists in managing annual Open Enrollment and acquired benefits integration, understanding benefits data process flows, identifying and executing process efficiencies. The Benefits Analyst also has the ability to manage numerous priorities in a timely and accurate manner, work with HR representatives who interface with employees regarding benefit issues and demonstrate the ability to utilize benefit related statistics and information to improve service delivery and resolution to complex issues.

Plan administration Support communication and education efforts for implementation of new or revised plans Serve as escalation and resolution point for benefit issues Provide superior customer service to participants when questions cannot be answered by vendors Partner with other key stakeholders (e.g. HR, Legal, Total Rewards, etc.) to develop and execute solutions for escalated issues Ensure all Health & Welfare plans are funning at peak efficiency Manage and administer Leave of Absence (LOA) process Identify issues, recognize trends and resolve any issues that arise in a timely manner Ensure the current internal processes and projects are in compliance and align with program intent Manage the operational component of the retirement plan. Vendor Management Maintain a current, in depth knowledge of the Affordable Care Act (ACA), the Health Insurance Portability and Accountability Act (HIPAA), Employment Retirement Income Security Act (ERISA), Section 125 of the IRS and other legislation and regulations that affect the design and administration of the benefit plans Ensure that Company and third party vendors maintain regulatory compliance Audit benefit policies, practices and procedures Manage annual plan filings and disclosures (e.g. 500s, Medicare Part D, Summary Annual Report) and ensure that appropriate change are made to benefit documents Manage annual non-discrimination testing processes

 

Who You Are:

  • Bachelor’s degree in Human Resources, HR Management, Business, etc. with 3+ years of benefits experience or relevant consulting experience
  • 2+ years working knowledge of federal and state benefit laws and regulations
  • Reconciliation and Audit experience
  • Analytical thinking and problem-solving ability
  • Strong reconciliation skills
  • Strong Microsoft Excel skills including vlookups, pivots and macros
  • Shift: 9PM - 6AM (Night Shift)

 

Preferred Qualifications:

  • Comprehensive technical knowledge of US & Canada benefits programs and plans
  • Previous experience with management of multiple vendors
  • Experience in HR Shared Services or outsourced environment
  • Excellent written and verbal skills
  • Strong customer service orientation and the ability to interface with all levels of employees
  • Strong project management skills Proficiency with Microsoft Office Suite is required
  • Experience with HRIS systems, benefits administration systems, retirement platforms and payroll systems
  • Ability to effectively manage vendors
  • Maintain a current, in depth knowledge of the Affordable Care Act (ACA), the Health Insurance Portability and Accountability Act (HIPAA), Employment Retirement Income Security Act (ERISA), Section 125 of the IRS and other legislation and regulations that affect the design and administration of the benefit plans
  • Experience with annual plan filings and disclosures (e.g. 5500s, Medicare Part D, Summary Annual Report) and ensure that appropriate

 

What we offer: We are curious minds that come from a broad range of backgrounds, perspectives, and life experiences. We celebrate all dimensions of diversity. We believe that it drives excellence, innovation, and human progress. We care about our customers, patients, and our rich mix of people. This diversity strengthens our ability to lead in science and technology. We are committed to creating access and opportunities for all and empower you to fulfil your ambitions. Our diverse businesses offer various career moves to seek new horizons. Join us in building a culture of inclusion and belonging that impacts millions and empowers everyone to bring their curiosity to life

 


Careers during Covid-19

Thank you for visiting our careers website, we are always looking for curious minds to join our teams. We understand how much the world is being impacted by the Covid-19 crisis and we want to assure you that your safety is very important to us. To ensure that everyone’s health is protected, instead of a standard face-to-face interview, it is likely that you will be offered alternative digital interview options. As an employee of the Company, you will be required to comply with all of the Company’s COVID-19 safety protocols and policies. The organization has currently suspended enforcement of its COVID-19 Vaccination Policy, but that policy may be reinstated by the Company in its discretion.

North America Disclosure

The Company is committed to accessibility in its workplaces, including during the job application process. Applicants who may require accommodation during the application process should speak with our Candidate Services team at 844-655-6466 from 8:00am to 5:30pm ET Monday through Friday. If you are a resident of a Connecticut or Colorado, you are eligible to receive additional information about the compensation and benefits, which we will provide upon request. You may contact 855 444 5678 from 8:00am to 5:30pm ET Monday through Friday, for assistance.

Notice on Fraudulent Job Offers

Unfortunately, we are aware of third parties that pretend to represent our company offering unauthorized employment opportunities. If you think a fraudulent source is offering you a job, please have a look at the following information: https://www.emdgroup.com/en/careers/faqs.html

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