Employee Benefits Analyst at Baystate Health

Springfield, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Mar, 26

Salary

95201.0

Posted On

06 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Employee Benefits, Regulations, Accounting Principles, Spreadsheets, Communication Skills, Project Management, Critical Thinking, Attention To Detail, Workday, HRIS Systems, Data Analysis, Benefit Plan Coverage, Policy Development, Employee Counseling, Presentation Skills, Compliance Management

Industry

Hospitals and Health Care

Description

Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees. Minimum - Midpoint - Maximum $70,033.00 - $80,496.00 - $95,201.00 Employee Benefits Analyst - Job Description Baystate Health, a nationally recognized leader in healthcare quality and safety, and home to Baystate Medical Center (BMC), and the region's only level 1 trauma center, providing services throughout western Massachusetts is looking for Employee Benefits Analyst. DEPARTMENT DESCRIPTION: Teamwork, flexibility, peer support SCHEDULE: Monday - Friday 8:00 am - 4:30 pm LOCATION: Hybrid opportunity with 3 days per week onsite at 280 Chestnut Street, Springfield MA THE ADVANTAGES OF WORKING WITH BAYSTATE! Excellent Compensation High-quality, low-cost medical, dental and vision insurance Generous PTO – up to 25 days in the first year, with scheduled earned increases First Time Home Buyers Financial Packages 403(b) retirement company match & annual company contribution based on years of service Free money coach advice from a certified professional Wellbeing programs that include but are not limited to mental, physical, and financial health Pet, home, auto and personal insurance Life insurance Reimbursement for a variety of wellbeing activities, included but limited to gym membership and equipment, personal trainer, massage and so much more! Education assistance-reimbursement for qualified education expenses up to the IRS max Internal training programs which allow for growth opportunities Baystate Health, western Massachusetts’ only academic center and tertiary care provider has a long and proud tradition of continuous learning and improvement. We educate and train hundreds of healthcare workers every year and advance knowledge about new approaches to care. At Baystate Health we know that treating one another with dignity and equity is what elevates respect for our patients and staff. We are committed to increasing diverse representation across our organization. Together our inspired and compassionate teams manage the whole health needs of all communities in need. Job Summary: Under the direction of the Manager of Employee Benefits, this role assists with the administration of benefit programs with a focus on health and welfare plans. Assures compliance with all applicable state and federal regulations. Responsibilities include explaining benefits and assisting in the business development and planning of the benefits program. Compiles analyses, reports on employee data, and plans financials for strategic benefits planning and evaluation. Provides benefit plan interpretation, guidance, and counsel to employees, HR colleagues, HRIS representatives, and managers. Presents information to inform and educate management and employees. Job Requirements: 1) Oversees the administration of the health and welfare plans by working with vendors, plan consultants, Benefits Team and the Health Plan Administration Committee. Manages health and welfare plan data errors and inquiries through vendor portal. Handles bi-weekly payroll reporting, integration file issues and routine administrative tasks. 2) Analyzes benefit plan coverage for health, dental, vision, life, voluntary benefits, retirement and other insurance coverages. 3) Assists in the planning and coordination of benefit delivery on a System-wide basis. Knowledgeable about current benefit trends and legislative requirements and how they apply. 4) Assists in the development of recommendations for policy changes or new programs. Assists with improving existing programs and implementing new programs. 5) Counsels employees and managers regarding benefits plans and presents material to various internal groups. 6) Creates communication materials including presentation slide decks, Benefits guides, internal email messages, open enrollment-specific materials, flyers, etc. Manages employee communications prepared by vendors. 7) Assists the HRIS and I&T Teams with Workday system audits, system testing, and vendor integration file feeds. Manages coordination between Baystate internal stakeholders and vendors when updates are needed, 8) Works with HR Service Center and Benefits & Wellness Specialist on complex employee benefit issues and helps streamline processes and communication across teams. 9) Responds to Benefit Survey requests for Baystate and works with consultants on comparative benchmarking analysis of benefit programs against industry peers. 10) Serves as primary Baystate contact for vendors and lead on team projects, such as annual open enrollment. 11) Provides support and information to consultants and auditors for annual benefit audits. 12) Manages Benefits Email Inbox and assists employees with benefits questions through Service Now ticketing system as subject matter expert 13) Assists with maintaining the annual compliance calendar. Keeps abreast of legislative changes affecting benefits to assist in keeping all programs in compliance with federal and state regulations. 14) Oversees the administration and compliance of COBRA by working with third party administrator 15) Responsible for sourcing data requests necessary to complete government compliance activities (5500s, audits, etc.), employee mailings, vendor billings, consultant projects and reports for management. Assures processes and procedures are in place to capture and maintain consistent and accurate benefit-related data. 16) Prepares and delivers presentations for all levels of management and employees concerning new benefits policies or programs. Skills/Competencies 1) Solid knowledge of employee benefits and regulations affecting them. 2) Requires knowledge of basic accounting principles. Intermediate use of spreadsheets to effectively develop analyses. 3) Excellent verbal, oral and written communication skills 4) Ability to independently manage multiple projects simultaneously 5) Strong critical thinking and ability to source answers to questions 6) Strong attention to detail QUALIFICATIONS: Bachelor Degree Experience with Workday or other HRIS systems 5-8 years or more of experience in Human Resources and Benefits. We strive to be the place where we can help you build the career you deserve – apply today – YOU belong at Baystate! OUR COMPENSATION PHILOSOPHY We offer competitive total compensation that includes pay, benefits, and other recognition programs for our employees. The base pay range shown above considers the wide range of factors that are considered in making compensation decisions including knowledge/skills; relevant experience and training; education/certifications/licensure; and other business and organizational factors. This base pay range does not include our comprehensive benefits package and any incentive payments that may be applicable to this role. Education: Bachelors Degree (Required) Certifications: Certified Employee Benefit Specialist - International Foundation of Employee Benefit PlansInternational Foundation of Employee Benefit Plans, Profession in Human Resources - HR Certification InstituteHR Certification Institute Equal Employment Opportunity Employer Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status. About Baystate Health Baystate Health (BH) is one of New England’s leading and largest integrated health care organizations, serving a population of nearly one million people throughout western New England. With roots dating back to the founding of Springfield City Hospital in 1873, Baystate Health has been providing high-quality and compassionate health care in western Massachusetts for more than 145 years. With more than 12,000 employees, a medical staff of nearly 3,100 physicians, and a net patient service revenue of more than $1.4 billion, the ever-growing health system includes five Massachusetts hospitals and the Baystate Mary Lane Outpatient Center in Ware: Baystate Medical Center in Springfield Baystate Children’s Hospital (located at Baystate Medical Center) Baystate Franklin Medical Center in Greenfield Baystate Wing Hospital in Palmer Baystate Noble Hospital in Westfield

Responsibilities

The Employee Benefits Analyst assists with the administration of benefit programs, focusing on health and welfare plans while ensuring compliance with regulations. Responsibilities include analyzing employee data, providing guidance on benefits, and creating communication materials.