Benefits Analyst

The Benefits Analyst is responsible for analyzing, administering, and communicating the benefits programs to support employee well-being and retention in a manufacturing company producing distribution transformers. This role involves ensuring the competitiveness and compliance of benefits offerings, managing vendor relationships, and addressing employee inquiries regarding benefits.

• Oversee the day-to-day administration of employee benefits programs such as health insurance, retirement plans, leave policies, wellness programs, and other company-provided benefits.
• Perform analyses of benefits offerings, utilization rates, and cost structures. Generate reports to identify trends, forecast future benefits costs, and support decision-making processes.
• Conduct research on industry standards and trends in employee benefits. Benchmark the organization’s benefits against competitors and market norms to ensure competitiveness and attractiveness.
• Ensure all benefits programs comply with federal, state, and local regulations. Stay updated on legislative changes affecting benefits and implement necessary adjustments to maintain compliance.
• Serve as a primary point of contact for employee inquiries regarding benefits. Develop and distribute clear, informative materials about benefits options, enrollment procedures, and policy changes.
• Coordinate the enrollment process during open enrollment periods and throughout the year for new hires and life event changes. Ensure accurate and timely processing of enrollments, terminations, and modifications.
• Assist in the design and implementation of new benefits programs or enhancements to existing programs based on employee needs, organizational goals, and market trends.
• Utilize HR Information Systems (HRIS) for benefits administration, ensuring accurate data entry and maintenance. Leverage technology to streamline benefits processes and improve user experiences.
• Develop and conduct educational sessions or workshops for employees to promote understanding and utilization of benefits. Drive engagement through effective communication strategies.
• Maintain up-to-date documentation of benefits policies and procedures. Ensure consistency and clarity in all benefits-related documents and communications.
• Lead or participate in benefits-related projects, including system implementations, program rollouts, and process improvement initiatives. Assist in managing project timelines, resources, and deliverables effectively.
• Work closely with the HR team and other departments to ensure seamless integration of benefits with other HR functions such as payroll, HRIS, and talent management.
• Regularly evaluate the effectiveness of benefits programs and processes. Seek feedback from employees and management to identify areas for improvement and innovation in benefits offerings.

• Bachelor’s degree OR has equivalent work experience in the Human Resources field. Advanced degrees or certifications in an HR-related field is a plus.
• 3+ years of experience in benefits administration or analysis.
• Experience working in a manufacturing environment is a plus.
• In-depth knowledge of benefits programs, laws, and regulations.
• Strong analytical skills and proficiency in benefits administration systems.
• Excellent communication, customer service and interpersonal skills.
• Strong organizational and project management abilities.
• Detail-oriented with a commitment to accuracy.