6 days old

Senior Benefits Analyst

First Merchants Bank
Daleville, Indiana 47334

Ideally this position will be located in Daleville or Muncie, Indiana; applicants desiring to work in another location within the FMB footprint will also be considered. Other possible work locations include: Indianapolis, Fort Wayne or Lafayette, Indiana; Columbus, Ohio or Monroe, Michigan.

Position Goals:

Oversee administration and compliance of the health, welfare and retirement plans. Analyze data, propose and assist with the implementation of plan changes, manage vendor relationships and ensure legislative compliance.

Direct Management Received:

Under the general guidance of the Director, Benefits

Direct Management Exercised:

None

Essential Duties and Responsibilities:

  1. Assist with reviewing proposed plan amendments and other regulatory-required forms and provide recommendations to management. 
  2. Manage the administration, delivery and communication of employee benefit programs, includes maintaining records of enrollments and change in benefits.
  3. Assist with researching, analyzing and evaluating benefit plans and programs. Make recommendations for changes to management.
  4. Participate in the development of communication strategy for employee benefit changes, open enrollments, COBRA and HIPAA rights; execute on the communication strategy, may involve creating documents, webinars, presentations, email communication, newsletters, etc.
  5. Utilize business intelligence (BI) and advanced excel for complex analysis and reporting.
  6. Provide customer service to employees and retirees on matters related to employee benefits. Interprets benefit policies and procedures when employees have questions.
  7. Provide oversight of internal and external benefit plan audits. Manage and audit payroll deduction changes.
  8. Conduct audits and compliance reviews of benefits packages to ensure ACA compliance.
  9. Oversee the coordination of new employee benefit communication.
  10. Coordinate the administration and promotion of employee wellness program.
  11. Ensure processes are compliant with rules set forth by regulatory agencies.
  12. Participate in mergers and acquisitions to ensure benefits are appropriately integrated.
  13. Coordinate with EAS in system setup for open enrollment process.
  14. Develop and maintain a positive working relationship with benefit vendors.
  15. Monitor benefit trends and stay abreast of applicable benefit legislation.
  16. Review benefit vendor invoices and prepare vouchers for approval.

Knowledge, Skills and Abilities:

In addition to the list below, it is understood that all positions with the company require individuals who possess a pleasant and friendly attitude, project sensitivity towards customers and fellow employees, and maintain a neat and clean professional appearance.  Core competencies have been identified as relevant to every position within the company and include:  Ethics and Integrity, Listening, Business Acumen, Customer Focus, Approachable and Savvy, Action Oriented, Managing Time & Priorities, Work/Life Balance, Composure & Patience, Drive for Results, Self Development & Knowledge, Dealing with Change, Decision Quality, and Informing.

Competencies

Communication

(Verbal Communication and Written Communication)

  • Listens, shows interest
  • Demonstrates appropriate non-verbal skills and clarifies with questions and paraphrases
  • Informs, encourages the exchange, access and sharing of information
  • Modifies communication style appropriately
  • Is able to write clearly and succinctly to get messages across to the intended receiver for the desired effect

Functional/Technical Skills           

  • Understands processes and procedures necessary to successfully perform tasks
  • Possesses the technical and computer skills required in the position
  • Demonstrates the ability to learn rapidly and adapt quickly to new processes and technology

Managing Time & Priorities

  • Uses his/her time effectively and efficiently
  • Focuses efforts on important priorities
  • Accomplishes more tasks and assignments in less time
  • Can attend to several priorities at a time
  • Eliminates roadblocks and stays focused
  • Plans daily tasks so important work is accomplished
  • Uses workplace tools, technology or personal methods to keep track of priorities and assignments
  • Prioritizes and works on multiple tasks effectively while maintaining high quality work results

Working Relationships

(Boss Relationships and Peer Relationships)

  • Works well in cooperation with others for the benefit of the company
  • Receives and carries out instruction in a positive manner
  • Responds well to constructive critique from manager and peers
  • Remains open to learning and coaching
  • Viewed as a team player by being cooperative and collaborative

Problem Solving

  • Uses logic, analysis and methods to define problems and offers useful solutions
  • Looks beyond the obvious to find more than one option/solution to choose from
  • Can find common ground and solve problems for the good of all involved
  • Gains perspective by asking others for their input before implementing solutions

Requirements


Position Requirements:

Education:        Bachelor’s degree in human resources, business, accounting or related field.

Experience:       Over five (5) years of employee benefits, human resources, or related experience.

 

Preferred Requirements:

Certified Benefits Professional (CBP) designation

SHRM-CP or SHRM-SCP

Categories

Posted: 2019-09-11 Expires: 2019-10-11

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Senior Benefits Analyst

First Merchants Bank
Daleville, Indiana 47334

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