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Our client is seeking a Senior Benefits and Compensation Analyst to join their HR Services Team. In this role, you will support the development, implementation, and administration of company-wide benefits and compensation programs, helping maintain a competitive market position. Focus areas include Health and Welfare, 401(k) and Retirement, Disability and Leave of Absence, and Base and Incentive Pay Administration.
Job Responsibility:
Conduct compensation and benefits surveys, analyze data, and provide insights on market competitiveness
Prepare reports, analyze current plan data, and make recommendations for moderately complex projects
Assist in the design of company benefit and compensation programs, including cost analysis and forecasting
Evaluate internal equity, external competitiveness, and legal compliance for jobs, wages, salaries, and incentives
Develop and deliver employee communications and educational sessions, including open enrollment meetings
Participate in benefit plan renewals, reviewing cost projections and statistical analyses
Lead the open enrollment process, auditing and testing post-enrollment data
Manage vendor eligibility, claims, and administration fee payments
Ensure compliance with ERISA and regulatory filings (5500, SAR, mandatory notices)
Lead audits of claims, dependent eligibility, and vendor performance guarantees
Serve as the point of contact for HR Managers on benefits and compensation questions
Resolve issues by assessing situations and recommending alternative solutions
Lead small to medium-sized project implementations
Act as a backup for benefits and compensation managers to ensure business continuity
Requirements:
Experience in Benefits and Compensation, HR, or a related field
Knowledge of ERISA, FLSA, and compliance requirements
Familiarity with benefits programs, 401(k), health & welfare, and compensation structures
Proficiency in Excel and data analysis tools
Excellent written and verbal communication skills
Nice to have:
Discretion with sensitive and confidential information
Strong interpersonal and customer service skills
Analytical mindset with a focus on data-driven decision-making
Agile, proactive, and innovative approach to problem-solving
Strategic thinker with a strong understanding of financial metrics
Collaborative team player with the ability to influence change
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