Sr. Benefits Analyst (A)

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CORE JOB SUMMARY                                                                                                                                   

The Senior Benefits Analyst supports effective benefits decisions by providing senior analytical support to include researching, analyzing, evaluating, and administering benefit plans and programs for the University. The position provides accurate, timely, and pertinent information and recommendations regarding benefits programs. This role ensures benefits offerings are correctly positioned from a competitive, cost, and compliance standpoint.

CORE JOB FUNCTIONS                                                                                                          

Administers benefit plans such as 403(b) and 457(b) plans, traditional pension plans, and all health, and welfare plans. Provides customer support for benefit programs through direct employee contact, and interfacing with external vendors and internal resources related to benefits. Researches and resolves benefit-related issues and recommends solutions or alternate methods to ensure effective benefit operations. Identifies opportunities for operational improvements and works with various multi-functional project teams to implement identified changes. Prepares reporting related to benefit plans, including 5500s, Summary Annual Reports, and support of the annual audit process. Researches and analyzes benefits programs, including cost, utilization, and alternatives, and makes recommendations for improvements in value cost proposition, accounting for competitive positioning, vendor qualification, and ROI. Assists with the review and design of benefit plans to determine optimal value for Team Members and the company. Analyzes benefits competitiveness compared with various benchmarks. Assists with open enrollment by providing employee guidance and facilitating employee education sessions, webinars, and Q&A forums. Respond to ongoing and ad hoc management information reporting needs in support of Benefits; ensure availability and accuracy of needed information while obtaining through the most efficient means. Collaborates with Finance and Payroll teams to ensure accurate deductions, contributions, and payroll processing related to benefit elections. Supports the development, documentation, and ongoing modification of benefit budgets through analysis and direct contact with customers, external benefit vendors and consultants. Assists with developing benefit communication materials in coordination with internal and external resources to support the promotion of benefits value. Research benefits 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.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

CORE QUALIFICATIONS                                                                                                        

Education:

Bachelor’s Degree in a relevant field

Certification and Licensing:

Not Applicable

Experience:

Minimum 4 years of relevant experience

Knowledge, Skills, and Attitudes:

• Ability to lead, motivate, develop, and train others.
• Skill in completing assignments accurately and with attention to detail.
• Ability to analyze, organize and prioritize work under pressure while meeting deadlines.
• Ability to work independently and/or in a collaborative environment.
• Ability to communicate effectively in both oral and written form.
• Ability to maintain effective interpersonal relationships.
• Proficiency in computer software (i.e. Microsoft Office)

The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. 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

Pay Grade:

A9