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Benefits Analyst III

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Hanger, Inc.

27d ago

  • Job
    Full-time
    Senior Level
  • Austin

AI generated summary

  • You need a bachelor’s degree, 5 years of benefits experience, knowledge of benefits systems and HRIS applications, strong analytical and customer service skills, and familiarity with benefits regulations.
  • You will manage benefit plan administration, collaborate with stakeholders, oversee external providers, maintain enrollment accuracy, process invoices, develop metrics, and stay updated on industry changes.

Requirements

  • Bachelor’s degree in related field and minimum 5 years related benefits experience or a combination of education and experience
  • Experience working with Alight or similar benefits administration systems
  • Experience with HRIS applications such as ADP, Oracle, SAP or Workday
  • Must have, or be eligible to obtain, a valid driver’s license and driving record within the standards outlined within Hanger’s Motor Vehicle Safety Policy and Procedures
  • Strong analytical skills, with good experience in interpreting and producing high quality, accurate management information
  • Strong knowledge of health and welfare benefit programs including healthcare, life, disability, time away, and wellbeing benefits
  • Working knowledge of Microsoft Office products including Excel, Word and PowerPoint. Advanced Excel knowledge is a plus
  • Is detail-oriented and possesses problem-solving skills
  • Customer service skills including the ability to manage and respond to different customer situations while maintaining a positive and friendly attitude
  • Federal and/or state regulations affecting the administration of benefit plans, such as FMLA, COBRA, HIPAA, and the Affordable Care Act
  • Act with integrity in all ways and at all times, remaining honest, transparent, and respectful in all relationships
  • Keep the patient at the center of everything that you do, building lifelong trust
  • Foster open collaboration and constructive dialogue with everyone around you
  • Continuously innovate new solutions, influencing and responding to change
  • Focus on superior outcomes, and calibrate work processes for outstanding results

Responsibilities

  • Supports administration of benefit plans including testing, auditing, reporting, funding and annual open enrollment of medical, dental, vision, FSA, life, disability, HSA, wellness and 401(k) plans.
  • Collaborates with internal stakeholders (HRBP’s, managers, and employees) to ensure benefit offerings are well understood, changes are communicated effectively and escalated issues are resolved accurately and timely. Develops and presents education materials as needed.
  • Engages with external providers (carriers, brokers, Alight Benefits, etc.) to ensure cost-effective service delivery, resolution of escalated issues, and compliance with plan parameters.
  • Provides oversight to third party benefit providers on eligibility determination, eligibility issues, new enrollees, employee status changes and other questions involving plan participants.
  • Maintains and audits benefit enrollment records to ensure the accuracy of premium deductions and expense calculation for general ledger capture.
  • Partners with Payroll, HRIS, and HR Operations to ensure data flows, deduction files, and interfaces are properly functioning and tested.
  • Assist in developing metrics to measure impact and results of wellness and benefit programs.
  • Handles the monthly tracking and processing of benefit invoices and ensures projections are updated as needed.
  • Actively remains current on industry and regulatory changes through training and available literature.
  • Assist with special projects and other duties as assigned.

FAQs

What does the Benefits Analyst III position entail?

The Benefits Analyst III position supports the administration of health and retirement benefits, providing plan interpretation, guidance, and analysis while ensuring compliance with applicable benefits legislation.

What qualifications are required for this position?

A Bachelor’s degree in a related field and a minimum of 5 years of related benefits experience are required, or a combination of education and experience.

Is experience with specific benefits administration systems necessary?

Yes, experience working with Alight or similar benefits administration systems is required for this role.

What type of analytical skills are needed for the Benefits Analyst III role?

Strong analytical skills are essential, particularly in interpreting and producing high-quality, accurate management information.

What kind of knowledge should candidates have regarding benefit programs?

Candidates should have strong knowledge of health and welfare benefit programs, including healthcare, life, disability, time away, and wellbeing benefits.

Are there specific HRIS applications that the candidate should be familiar with?

Yes, familiarity with HRIS applications such as ADP, Oracle, SAP, or Workday is preferred.

What customer service skills are important for this role?

Strong customer service skills are important, including the ability to manage and respond to different customer situations while maintaining a positive and friendly attitude.

Does Hanger, Inc. provide any benefits for employees?

Yes, Hanger, Inc. offers competitive compensation packages, paid national holidays, PTO, medical, dental, vision benefits, a 401k savings plan, and various other employee benefits.

How does Hanger, Inc. approach equal employment opportunity?

Hanger, Inc. is committed to providing equal employment opportunity without discrimination or harassment based on various protected characteristics and complies with applicable fair employment laws.

What is the work schedule flexibility for the Benefits Analyst III role?

The position offers flexible work schedules and part-time opportunities to accommodate different employee needs.

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Hanger, Inc.

Empowering Human Potential

Science & Healthcare
Industry
501-1000
Employees
1861
Founded Year

Mission & Purpose

Headquartered in Austin, Texas, Hanger, Inc. is a leading provider of orthotic and prosthetic (O&P) patient care services and products. The company operates as an ecosystem of diversified companies delivering complementary solutions to individuals and providers with O&P needs, and is organized in two business segments – Patient Care and Products & Services. Through its Patient Care segment, Hanger provides comprehensive, outcomes-based O&P services to individuals of all ages at more than 925 Hanger Clinic locations nationwide. Through its Products & Services segment, Hanger serves the broader O&P community and skilled nursing facilities through designing and distributing branded and private label O&P devices, products and components, and post-acute rehabilitative solutions. Rooted in clinical research, excellence, and innovation, Hanger is a purpose-driven company focused on empowering human potential.