Benefits Analyst

Welcome to ADP-Automatic Data Processing, a company dedicated to providing innovative solutions for human resources, payroll, and benefits management. We are currently seeking a knowledgeable and detail-oriented Benefits Analyst to join our team. In this role, you will be responsible for analyzing and evaluating employee benefit programs to ensure they align with our company's goals and objectives. If you have a passion for benefits administration and a strong understanding of compliance regulations, we want to hear from you! Keep reading to learn more about the qualifications and skills we are looking for in our ideal candidate.

1. Conduct thorough analysis and evaluation of current employee benefit programs to identify areas for improvement and ensure alignment with company goals and objectives.
2. Stay up-to-date on industry trends, regulations, and best practices in benefits administration to make informed recommendations for program enhancements.
3. Collaborate with cross-functional teams to gather data and information necessary for evaluating benefit programs and making strategic decisions.
4. Develop and maintain strong relationships with benefit vendors to ensure timely and accurate delivery of benefits to employees.
5. Continuously monitor benefit plans to ensure compliance with all legal and regulatory requirements, including but not limited to ERISA, ACA, and HIPAA.
6. Utilize data and analytics to measure the effectiveness of benefit programs and make data-driven recommendations for program enhancements.
7. Prepare and present reports and presentations on benefit program performance and recommendations to senior management.
8. Serve as a subject matter expert and resource for employees regarding benefit plans, eligibility, and enrollment processes.
9. Collaborate with the HR team to develop and implement communication strategies to effectively communicate benefit offerings to employees.
10. Participate in the design and implementation of new benefit programs, including conducting cost-benefit analyses and ensuring compliance with regulatory requirements.
11. Conduct training and education sessions for HR and management staff on benefit programs and changes to policies and procedures.
12. Maintain accurate and up-to-date records and documentation related to benefit programs and employee enrollment and eligibility.
13. Ensure a high level of confidentiality and data integrity when handling sensitive employee information related to benefit programs.
14. Proactively identify and resolve any issues or discrepancies related to benefit plans, working closely with vendors and internal stakeholders to ensure timely resolution.
15. Continuously seek opportunities for process improvements and efficiencies to enhance the overall employee experience with benefit programs.

According to JobzMall, the average salary range for a Benefits Analyst in Roseland, NJ, USA is $66,000 to $91,000 per year. This range can vary depending on factors such as level of experience, education, and the specific company or industry. Additionally, additional benefits such as bonuses and stock options may also factor into an employee's total compensation package.

Automatic Data Processing, Inc. provides business outsourcing solutions. It operates through the following segments: Employer Services and Professional Employer Organization Services. The Employer Services segment offers business outsourcing and human capital management solutions, including payroll, benefits administration, talent management, human resources management, time and attendance management, insurance, retirement and compliance & payment.