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Epiq Systems, Inc.
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Benefits Analyst

Benefits Analyst

Epiq Systems, Inc.

3 - 7 years

5 - 9 Lacs

hyderabad

Posted:6 days ago| Platform:

Apply

Skills Required

compliance hris process improvement analytical benefit analyst billing data collection wellness customer service auditing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Its fun to work at a company where people truly believe in what they are doing!

Summary:

The Benefits Analyst is responsible for the administration and implementation of employee 401(k) and health welfare benefit plans for India. This position will have multiple priorities to include special projects, process improvement initiatives, audit and analysis of benefits information. The individual in this role will interact with benefit carriers, third party administrators and the HRIS Team to ensure all benefit plans are set-up and functioning properly.
Essential Duties and Responsibilities:

Provides superior customer service and assists with the resolution of issues.
Assists with implementation and ongoing processes with service providers.
Compiles, analyses and reports data including employee and plan data for strategic benefits planning and evaluation.
Lead annual renewal and communication plans for India and ongoing wellness activities.
Monitors and audits eligibility, limitations and restrictions of plan participation and ensures compliance with both plan provisions and government requirements.
Compliance and technical interpretive discussions with legal counsel, broker and third-party administrator.
Provides guidance and benefit plan interpretation to employees, managers, HRIS team and broader HR teams on the requirements and provisions of benefit programs.
Assists in developing standard operating procedures, policies and procedures.
Develops, conducts and drafts communication to inform and educate management and employees about changes to benefit plans, administrative practices and legislated requirements and programs.
Assists with Health Welfare annual enrolment.
Responsible for data necessary to complete regulatory activities (audits, etc.) and associated employee communications.
Coordinates data collection and prepares vendor billing for AP processing.
Monitors plan limits, eligibility and other restrictions on plan participation to ensure plan provisions and government requirements are met.
Oversees the administration of COBRA compliance.
Research current benefit trends and regulatory/legislated requirements and recommends programs.
Performs other duties as assigned.

Qualifications Experience

Bachelors degree required.
3 plus years of experience with HR, Benefits or analytics reporting.
Strong knowledge of Microsoft Office including Word, Excel and PowerPoint.
Strong written communication and proofreading skills.
Work under general supervision/direction
Certificates / Licenses / Designations: Excellent analytical, reporting, interpersonal and organizational skills.

If you like wild growth and working with happy, enthusiastic over-achievers, youll enjoy your career with us!

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Benefits Analyst