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Benefits Analyst

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Foot Locker

26d ago

  • Job
    Full-time
    Junior & Mid Level
  • People, HR & Administration
    Accounting & Tax
  • Tampa

AI generated summary

  • You need a Bachelor's in HR or related field, 3-4 years HR experience with benefits, strong analytical skills, proficiency in MS software and HRIS, and excellent communication.
  • You will analyze benefits data, ensure compliance with regulations, collaborate with teams, support system configurations, handle enrollments, and assist with regulatory filings and audits.

Requirements

  • Bachelor’s degree in Human Resources, Business, or related discipline required.
  • Minimum 3-4 years of HR experience working with ERISA, ACA, DOL, COBRA and FMLA regulations.
  • Minimum 2 years of in-depth benefits experience, working with healthcare, disability and/or retirement plans.
  • Advanced technical skills in database report writing, excel, and other Microsoft software products and utilizing technology to drive innovation, effectiveness, and efficiency. Strong analytical and problem-solving skills, with strong attention to detail.
  • Certified Employee Benefits Specialist (CEBS) certification, Group Benefits Associate (GBA) or progress working towards your benefits certification or designation preferred.
  • Prior experience with HRIS systems and ad hoc query reporting required, PeopleSoft experience preferred.
  • Excellent communication skills, including presentation and written, strong customer service and ability to effectively communicate with external vendors and executive level team members.
  • Self-motivated and ability to work independently, managing numerous priorities as well as a team-oriented matrixed environment.

Responsibilities

  • Conducts data analysis and develops metrics to support benefit strategy for annual benefit design, system upgrades and changing regulations, assuring continued compliance with company benefit programs and federal and state regulations.
  • Partner with cross functional teams including external vendors, insurance carriers, Payroll/Finance and HRIS to determine resolution to complex team member benefits matters escalated from HR Services and HRBPs.
  • Develop file extract specifications with internal and third-party systems, including vendor structure analysis, system mapping, implementation, testing, error reports supporting data integrity within interna and external systems.
  • Working with IT and third-party vendors to augment system configuration (i.e., vendor file submissions, data processing procedures, etc.), assuring systems and processes adequately support the various HR functions and objectives and are adjusted annually to remain complaint with Foot Locker internal controls and government regulations.
  • Work with HRIS to ensure accurate system configuration and compliant administration of team member benefits through system data configurations, eligibility rules and system audits.
  • Actively contribute to planning and execution of annual Benefits Enrollment including system configuration, changes to vendor file extracts and compliance procedures.
  • Recommend and develop benefits-related policy revisions, coordinating with cross functional teams to adjust processes and procedures in line with benefit plan changes and government regulations.
  • Analyze, evaluate, and monitor benefit plans to ensure compliance with regulatory requirements, including ERISA, HIPAA, ACA, and other requirements from the IRS and DOL.
  • Provides data necessary for completing compliance activities, team member communications, vendor audits and billing reconciliation, data collection and management reports to ensure the consistent accuracy and availability of benefit data.
  • Assists in the preparation and timely filing of federal, state and government regulatory requirements and reporting including, 5500, Summary Annual Reports, ACA 1095-C and 1094-C, CMS and state healthcare filings.
  • Supports project initiatives, regulatory audits, legal inquiries, team member support, and other duties as assigned.

FAQs

Is this position remote?

Yes, this role is fully remote.

What are the primary responsibilities of the Benefits Analyst?

The Benefits Analyst is responsible for managing data integrity and compliance of the company’s healthcare, life, disability, voluntary, and retirement plans, conducting data analysis, partnering with cross-functional teams, ensuring system configuration accuracy, and assisting in regulatory compliance activities.

What qualifications are required for this role?

A Bachelor's degree in Human Resources, Business, or a related discipline is required, along with a minimum of 3-4 years of HR experience with regulations such as ERISA, ACA, DOL, COBRA, and FMLA, and 2 years of in-depth benefits experience.

What technical skills are needed for this position?

Advanced technical skills in database report writing, Excel, and other Microsoft software products are necessary, along with strong analytical and problem-solving skills, and prior experience with HRIS systems is required.

Are there any preferred certifications for candidates?

Yes, certifications such as Certified Employee Benefits Specialist (CEBS) or Group Benefits Associate (GBA), or progress towards these certifications is preferred.

What is the salary range for this position?

The annual base salary range is $50,000 - $61,500 per year, depending on education, experience, knowledge, skills, and internal equity.

What benefits are offered to employees?

Foot Locker offers benefits including an employee discount, paid time off, medical, dental, and vision coverage, 401(k) and Roth 401(k), stock purchase plan, life insurance, flexible spending account, opportunities for advancement, tuition reimbursement for qualified courses, and a strong company culture.

How does Foot Locker handle compliance with benefit plans?

The Benefits Analyst is responsible for analyzing, evaluating, and monitoring benefit plans to ensure compliance with regulatory requirements including ERISA, HIPAA, ACA, and other federal and state regulations.

Will I be collaborating with external vendors in this role?

Yes, the Benefits Analyst will partner with external vendors, insurance carriers, and other cross-functional teams to resolve complex team member benefits matters.

Do you provide opportunities for advancement?

Yes, Foot Locker provides opportunities for advancement within the company.

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Foot Locker

The Heart of Sneakers

Retail & Consumer Goods
Industry
10,001+
Employees

Mission & Purpose

Our global house-of-brands inspires and empowers youth culture. Relentlessly committed to fuel a shared passion for self-expression, we create unrivaled experiences at the heart of the sport and sneaker communities through the power of our people. If you want to be a part of something bigger than you can imagine, you’ve come to the right place. To learn more about the incredible impact we’re making on both our local and global communities, visit our Foot Locker LinkedIn Life pages. Our corporate headquarters is in New York City. We also have domestic US offices in St. Petersburg, FL; Camp Hill, PA; Chicago, IL; Junction City, KS; Oshkosh, WI; and Wausau, WI. Our European headquarters is in Vianen, NL. We also have international offices in Toronto, Brisbane, Heijen, Recklinghausen, Hong Kong, and Singapore. We play to win and succeed as a team. We attribute our success to the drive and intelligence of our team members. We have a firm belief that “everyone leads” at Foot Locker and are committed to leveraging the passions of our leaders across the globe. We offer our team members tools and resources to build their capabilities and cultivate a path for their career growth. It is through these ideals and strong leadership that we have and will continue to succeed as a great company.