Senior Health & Welfare Benefits Analyst

at  Washington Metropolitan Area Transit Authority

Job Description

MARKETING STATEMENT:

The Washington Metropolitan Area Transit Authority (WMATA) Health & Welfare Department is seeking a Senior Health & Welfare Benefits Analyst who will be responsible for supporting the development, analysis, administration, implementation, and communication of new and existing employee Benefit programs. The ideal candidate will have an extensive Benefits background, specifically in Health & Welfare, able to work independently, as well as collaboratively with internal and external partners. This role is critical to the Benefits Team and requires a strategic and analytical thinker who is organized and can work on multiple benefit tasks.

EDUCATION

• Bachelor’s Degree in Mathematics, Accounting, Business Administration, Human Resources or related fields

EXPERIENCE

• 4 years of experience in H&W benefits as a Benefits Analyst or similar role

KNOWLEDGE

• Project management

SKILLS

• Systems Analysis: Skill in analyzing how a system should work, how well an existing system is working, and/or how changes in conditions, operations, and the environment will affect outcomes.

ABILITIES

• Inductive Reasoning: Ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

EDUCATION

• None

EXPERIENCE

• 7 to 9 years of experience in benefits administration and benefits program design

SUMMARY

The Senior Health & Welfare (H&W) Benefits Analyst is responsible for supporting the development, analysis, administration, implementation and communication of new and existing employee benefits programs, policies and practices with regards to WMATA’s total health and welfare benefits portolfio including medical, perscription, life, dental, vision, short and long-term disability, flexible spending accounts, retiree insurance programs and non-represented leave programs and policies. This position also provides senior level expertise for administering certain union benefits plans.
The Senior H&W Benefits Analyst researches local and national health and welfare trends and cost savings opportunities to help mantain a competitive, yet fiscally responsible benefits portfolio. This role regularly compiles internal and external benefits trend data; produces various report for beneifts staff and external stakeholders; conducts cost vs benefits analysis; evaluates the sustainability of exisiting benefits offerings and develops conclusions and recommendations for management’s review that could impact future plan designs and assist with strategic benefits planning.
This position provides direct support for ACA compliance including data validation, data analysis, systems reporting, online updates, and systems monitoring; benefits systems selection/implementations and preparing employee benefits communications. Responsibilities also include evaluating the current state of benefits business process documentation and leading the benefits staff in preparing standard operating procedures.

CLOSING

WMATA is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable federal law.
This posting is an announcement of a vacant position under recruitment. It is not intended to replace the official job description. Job descriptions are available upon confirmation of an interview

ESSENTIAL FUNCTIONS

• Participates in the annual benefits strategy design process by researching emerging trends, participating in and analyzing the results of benefits surveys; recommending changes to benefits plan designs; compiles data to support costing and/or pricing of various benefits design options including the modifications, elimination or development of employee benefits programs.
• Seeks opportunities for benefits cost containment, develops costing analysis and presents results to management.
• Participates in RFP processes by participating on selection teams, evaluating and scoring bid proposals.
• Prepares information and communications explaining the purposes and structure of the various employee benefit programs and benefit levels to newly-hired, active and retired employees.
• Serves in a senior liaison capacity to resolve or research complex employee benefits issues that are escalated by third party administrators or benefits providers to the HR Benefits Office.
• Creates face-to-face opportunities to meet with employees across the Authority to provide benefits information and education to enhance understanding and proper utilization of WMATA’s benefits plans.