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Benefits Analyst
Career Insights for Compensation / Benefits Analyst
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Scorecard
Based on Connecticut 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.
$89,744 / year median in Connecticut
+8% projected growth
Job Description
Position Overview:
The Benefits Analyst is the primary service contact for an assigned Employee Benefits book of business and is responsible for developing a strong working relationship with clients, carriers and team members. The Analyst will be part of our Career Foundations Program, which is designed to provide the technical and practical training needed to develop the Benefits Analyst as they look forward to a successful and long-term career in the Northeast Series.Responsibilities:
+ Provide key administrative support involving client written and verbal communications, client filing, and client data management. + Provide data analysis and financial analysis support to client team. + Perform benefit benchmarking that helps team to evaluate client benefit programs. + Prepare renewal and marketing reports, RFPs, presentations and correspondence. + Engage other specialized practice areas for projects such as Marketing and Communications and Compliance, as directed. + Coordinate meeting schedules and prepares meeting minutes. + Provide key support involving vendor and client correspondence. + Resolve standard industry issues such as claims resolutions, billing discrepancies, eligibility issues and web technology. + Review and edits agreements and documents such as employee booklets and carrier contracts. + Develop a basic understanding of our clients' business. + Meet regularly with team members to collect desired tasks and deadlines and provides team members with regular and consistent status updates as to current projects and deadlines.Requirements:
+ Bachelor's degree in a business-related program preferred or equivalent education and/or experience required + Ability to efficiently organize work and manage time in order to meet deadlines + Exceptional verbal, written, and interpersonal skills + Highly proficient in the Microsoft product suite + Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine. + Ability to work on a computer for a prolonged amount of time. Job Type & Location This is a Contract to Hire position based out of West Hartford, CT. Pay and Benefits The pay range for this position is $24.00 - $26.44/hr. Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:- Medical, dental & vision
- Critical Illness, Accident, and Hospital
- 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available
- Life Insurance (Voluntary Life & AD&D for the employee and dependents)
- Short and long-term disability
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a hybrid position in West Hartford,CT.
San Francisco Fair Chance Ordinance:
Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.Massachusetts Lie Detector:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Use of Artificial Intelligence (AI): We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.Benefits
- Paid Time Off (PTO)
- Sick Leave
- 401(k) Plans
- Other Retirement and Savings