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Benefits Analyst
Career Insights for Compensation / Benefits Analyst
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Scorecard
Based on Maryland data
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What they do
A Compensation or Benefits Analyst evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.
$82,927 / year median in Maryland
+7% projected growth
Job Description
- The Benefits Analyst will oversee health and welfare programs, ensuring compliance and effective administration.
- Provide bilingual support (Spanish and English) to employees regarding benefits and leave policies.
- Support office and craft employees in navigating benefits and leave of absence processes.
- Contribute to nationwide growth initiatives, including Open Enrollment and increased LOA/ADA requests.
- Collaborate with HR teams to enhance employee understanding of benefit plans and compliance requirements.
- Ensure compliance with federal, state, and local mandates, including ERISA, HIPAA, COBRA, and ACA.
- Participate in educational webinars to improve employee engagement and knowledge of benefits.
- Administer health and welfare programs, including medical, dental, vision, and retirement plans.
- Manage leave of absence and job accommodation programs ensuring regulatory compliance.
- Provide expert consultation on benefits and LOA/ADA inquiries to employees and managers.
- Monitor compliance with multi-state and federal requirements for benefits and leave programs.
- Facilitate funding requests and reconciliation processes for benefits programs.
- Conduct monthly webinars to educate employees on benefits and leave policies.
- Collaborate with HR teams to improve operational efficiency and employee satisfaction.
- High School Diploma or GED required; certifications like
SHRM-CP/SCP
preferred.- Minimum 2 years of experience in benefits administration, with preference for 4 years.
- Fluency in Spanish and English is mandatory for effective communication.
- Proficiency in Workday and Google Suite tools is highly desirable.
- Strong knowledge of ERISA, HIPAA, COBRA, ACA, and multi-state compliance requirements.
- Demonstrated ability to manage high volumes of LOA/ADA cases effectively.
- Excellent analytical and problem-solving skills, with attention to detail.