Benefits Analyst Job Description

Benefits analysts are individuals who evaluate a company’s benefits offerings and the employee benefits strategies.

They are hired by employers to identify ways the company can reduce employee benefits costs, improve their benefits package, or establish new or additional benefits programs.

Benefits analysts may use a variety of methods to accomplish these goals.

They may survey employees to determine what benefits they feel are important, interview benefits administrators, or meet with vendor representatives.

Generally, benefits analysts are employed by employers, but they can also be self-employed.

When employers hire a benefits analyst, it is a sign that they have realized there is room for improvement in the benefits they offer.

Job Brief:

We’re looking for a Benefits Analyst to help us design and administer employee benefit programs. The Benefits Analyst will be responsible for conducting analysis of our current benefits programs and making recommendations for improvements. This is a great opportunity for someone who is interested in working in a fast-paced and dynamic environment.

Benefits Analyst Duties:

• Develop and maintain standardized policies and procedures for employee benefits programs
• Provide information to employees on benefit programs
• Ensure employees have all identification needed for benefits
• Provide information to clients on benefits programs
• Document employee, employer, and benefit program information
• Research and identify new or modified benefits
• Consult with employers on benefit programs
• Sanitize benefit reports for benefit programs

Benefits Analyst Responsibilities:

• Attending benefit fairs and open enrollment meetings, answering benefit-related questions, and enrolling employees in benefits
• Monitoring enrollment and retention numbers
• Maintaining and distributing benefit materials
• Developing and maintaining up-to-date employee handbooks, including benefits information
• Tracking enrollments and benefits data
• Maintaining and accurate employee records in HR system
• Performing other job-related duties as assigned

Requirements And Skills:

• Bachelor’s degree in Human Resources or related field
• 2+ years’ solid experience analyzing benefits packages
• Experience with survey and data analysis
• Knowledge of state and federal insurance regulations
• Experience with HR software
• Ability to write complex benefit analysis reports

Company Name is proud to be an Equal Opportunity Employer. We believe that diversity and inclusion are key to building a strong and successful team. We encourage applications from people of all races, religions, national origins, genders, and ages, as well as veterans and individuals with disabilities.