Benefit Analyst

North Mississippi Medical Center

Jan 21

Applications are closed

Job
Full-time
Mid & Senior Level
People, HR & Administration
Accounting & Tax
Tupelo

Requirements

Bachelor's degree in human resources, Accounting, or related field; required.
3-5 years of experience in benefits processes; preferred.
In-depth understanding of state and federal laws and regulations with regard to the processing of health and retirement benefits such as ERISA, HIPAA, and COBRA to ensure compliance.
Advanced experience in Microsoft Suite, Excel, Word, Access, and PowerPoint.
Excellent analytical skills to research and evaluate benefits programs to make informed choices.
The ability to present information clearly and in a manner that is understandable to managers and employees and to answer questions.
Detail orientated.
Effective organizational and prioritization skills.
Excellent oral and written communication skills.
Ability to work in a fast-paced multi-tasking environment.
You must have the following education to apply:
Bachelors of Human Resources, Bachelors of Accounting, and Bachelors of Related Field.
You must have a Bachelors or higher.

Responsibilities

Benefits Analyst researches, analyzes, evaluates, and administers corporate benefits plans and programs.
Assists in determining impact of new benefit policies or provisions.
Benefits Analyst provides analytics support to HR Leadership and Benefits team.
Driving proactive data review and regulatory compliance in support of the NMHS Benefit Plans and policies.
Leadership support during benefits audit, tax returns, and budget processes.
Lead role in review of Health Plan data reporting for 1095c, ACA lookback period, and benefit survey requests.
Reporting benefits plan information to upper management.
Reporting and accounting for PBM bi-weekly Domestic and Non-Domestic Pharmacy Claims.
Occasional balance sheet reconciliation research to assist Accounting and Benefits Specialist with account balancing.
Bi-Weekly system review of Benefit elections for payroll balancing.
Monthly ledger variance research for Benefits reporting as requested by Benefits Specialist/Acctg.
Reporting of Benefits Open enrollment.
Development, maintenance, and communication of monthly Benefits onboarding dashboard.
Proactive data audits of HRIS for benefit plan compliance.
Periodic engagement with voluntary benefits carriers and third-party onboarding vendor to troubleshoot HRIS enrollment issues.
Providing information to explain changes in benefits to employees and answering employee queries about benefits policies.
Provides data as needed for benefits broker analysis.
Oversight of annual workers compensation self-insurance application renewal.
Oversight of annual workers compensation actuary reporting.
Ensuring that surety bonds and workers Compensation self-insurance policies are renewed on time so that there is no lapse in coverage.
Completes the annual workers compensation assessments for MS and Alabama Departments of Labor; coordinates annual assessment payments.
Annual Report for workers compensation of Alabama.
Annual review of Benefit Audit drafts and tax returns.
Coordinate with HR Leadership in the development of the annual benefits budget.
Annual review of ACA reporting for annual open enrollment eligibility and annual 1095c regulatory requirements.
Conducting audits of HRIS, benefits packages and policies to ensure that the company’s processes are compliant.
Provides reporting for any benefit survey data requests submissions.
Annual retirement reporting, regulatory testing, and payment calculation support.
Annual FSA taxable reimbursement list for Accounting.
Quarterly Taxable CSF points list for ITS and Accounting.

FAQs

What is the job title for this position?

The job title for this position is Benefit Analyst.

What are the primary responsibilities of a Benefit Analyst?

The primary responsibilities include researching, analyzing, evaluating, and administering corporate benefits plans and programs, providing analytics support to HR Leadership, and ensuring regulatory compliance.

What educational qualifications are required for this role?

A Bachelor's degree in Human Resources, Accounting, or a related field is required to apply.

How many years of experience are preferred for this position?

3-5 years of experience in benefits processes are preferred for this position.

What skills are important for a Benefit Analyst?

Important skills include excellent analytical skills, effective organizational and prioritization skills, excellent oral and written communication skills, attention to detail, and advanced experience in Microsoft Suite.

Is this a full-time position?

Yes, this is a full-time position.

Where is this job located?

This job is located in Tupelo.

What type of environment does a Benefit Analyst work in?

A Benefit Analyst works in a fast-paced multi-tasking environment.

Are there specific laws and regulations a Benefit Analyst needs to be familiar with?

Yes, a Benefit Analyst must have an in-depth understanding of state and federal laws and regulations related to health and retirement benefits, such as ERISA, HIPAA, and COBRA.

What is the contract type for this position?

The contract type for this position is full-time during the day.

North Mississippi Medical Center

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Science & Healthcare

Industry

5001-10,000

Employees

Mission & Purpose

North Mississippi Health Services serves 24 counties in north Mississippi and northwest Alabama from headquarters in Tupelo, Miss. NMHS includes acute diagnostic and therapeutic services offered through North Mississippi Medical Center in Tupelo; a community hospital system with locations in Eupora, Iuka, Pontotoc and West Point, Miss., and Hamilton Ala.; North Mississippi Medical Clinics, a regional network of more than 45 primary and specialty clinics; and nursing homes, telehealth services and a comprehensive portfolio of managed care plans. NMHS connects our patients and their families with convenient access to health care that is cost effective and of the highest quality. NMHS is a 2012 recipient of the prestigious Malcolm Baldrige National Quality Award, and NMMC, its flagship hospital, is a 2006 Baldrige Award recipient.