Senior Benefits Analyst

MHI Shared Services Americas, Inc. (MSSA) is looking for a Sr. Benefits Analyst to join our team. This is a hybrid role based out of our Houston, TX office.

SCOPE:

The Senior Benefits Analyst supports MHIA and MHIA’s affiliate Retirement and Health and Welfare programs. Answers questions from employees regarding benefits offerings and eligibility. Ensures offerings comply with all applicable laws and regulations. Provides reports regarding employee benefits. Reviews cost and usage rates of existing benefit programs to assess actual and perceived value. Assists in benefits communications and open enrollment.

JOB RESPONSIBILITIES:

• Serve as a contact for plan vendors and third-party administrators.
• Coordinate transfer of data to external contacts for services, premiums and plan administration.
• Evaluate and revise internal processes to reduce costs and increase efficiency.
• Document and maintain administrative procedures for assigned benefits processes.
• Ensure compliance with applicable government regulations. Ensure timeliness and accuracy of required reporting and fees.
• Coordinate daily benefits processing. Handle enrollments, COBRA, terminations, changes, beneficiaries, disability, accident and death claims, rollovers, QDROs, QMCSOs, distributions, loans, hardships and compliance testing.
• Oversee maintenance of employee benefits files, maintain group benefits database and update employee payroll records.
• Gather employee data and oversee the processing of monthly billings and the preparation of vouchers for payment of administrative fees for all group plans.
• Allocate group health and dental claims monthly and review quarterly.
• Analyze current benefits, evaluating the use, services, coverage, effectiveness, cost, plan experience and competitive trends in benefits programs, and identify the company's stance.
• Perform plan audits. Prepare, collect and organize data for actuarial assessments. Review data in conjunction with actuarial evaluation task forces.
• Review both short and long-range cost estimates/projections and relevant statistical analyses regarding modifications in benefits programs and implementation of new programs.
• Survey industry trends. Complete benefits surveys and review information obtained from the results. Analyze complex benefits information. Forecast trends and assist with future benefits designs. Develop specific recommendations for review by management.
• Monitor administrative costs of benefits programs and recommend cost containment strategies, including alternative methods for administration and funding. Prepare budgetary recommendations and assist in the monitoring, verifying and reconciling of budgeted funds.
• Provide customer service support to internal and external customers. Develop communication tools to enhance understanding of the company's benefits package.
• Design and distribute materials for benefits orientations, open enrollment and summary plan descriptions.
• Mentor and assist Benefits Analysts
• Other duties as assigned.

QUALIFICATIONS & SKILLS

• Education Requirement: Bachelor’s degree in Human Resources Management or related field.
• Experience: At least five (5) years of related benefits experience; or equivalent combination of education and experience.
• Any special skills/training/certifications
  • Knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs, including the ACA, ERISA, COBRA, FMLA, ADA, Section 125, workers' compensation, Medicare, OBRA, and Social Security and DOL requirements.
  • CEBS Certification preferred.
  • Computer proficiency and technical aptitude with the ability to use Microsoft products, including PowerPoint and Excel Macros and Pivot tables.; experience with HRIS and benefits databases.
  • Ability to work effectively in a team environment
  • Effective planning and priority setting. Ability to manage several complex projects simultaneously while working under pressure to meet deadlines.
  • Excellent communication and organization skills

WORKING CONDITIONS:

• Travel: Up to 10%
• Weekend/late night work if applicable: Occasionally
• Lifting/physical requirements: Regularly required to sit for long period, stand, walk, talk and/or hear. Frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.

Why Should You Apply?

• Excellent Benefits (Medical, Dental, Vision & 401K Matching)
• Excellent growth and advancement opportunities
• Tuition reimbursement and on-the-job training
• Paid vacation, sick time and 15 holidays
• Committed to quality product and services
• Great working environment and culture
• Employee Appreciation Programs and Events

MHI Shared Services Americas an Equal Employment Opportunity (EEO) employer actively seeking to diversify the workforce and is committed to a policy of equal employment opportunity. Therefore, all qualified applicants regardless of race, color, religion, gender, sexual orientation, gender identity, national origin, disability, veteran status or any other legally recognized protected basis under applicable law, are strongly encouraged to apply.