Job Title: Benefits Analyst
Reports To: Director of Compensation
Position Summary
The Benefits Analyst is responsible for the administration of employee benefits programs and provides operational and analytical support to the Compensation and Benefits team. This role ensures compliance with company policies and local regulations, delivers excellent employee experience, and supports initiatives that enhance the overall benefits offering.
Key Responsibilities
- Benefits Administration
- Manage enrollment, changes, and terminations in benefits programs (health, retirement, insurance, etc.).
- Serve as the primary point of contact for employees regarding benefits inquiries and issues.
- Coordinate with vendors and third-party administrators to resolve discrepancies and ensure accurate data.
- Compliance & Reporting
- Ensure benefits programs comply with local laws and company policies.
- Prepare and maintain accurate records and reports for audits and regulatory requirements.
- Assist in annual benefits renewals and open enrollment processes.
- Vendor & Contract Management
- Ensure contracts with benefits providers are in place and up to date.
- Liaise with Procurement to raise purchase orders (POs) for benefits services.
- Coordinate with Finance to ensure timely processing and payment of invoices.
- Maintain accurate documentation of vendor agreements and related financial transactions.
- Support for Reward Team
- Provide data analysis and reporting to support compensation and benefits projects.
- Assist in benchmarking and market research for benefits programs.
- Support communication initiatives to educate employees on benefits offerings.
- Process Improvement
- Identify opportunities to streamline benefits administration processes.
- Participate in system upgrades and testing related to benefits platforms.
Qualifications
- Bachelor's degree in Human Resources, Business Administration, or related field.
- 2+ years of experience in benefits administration or HR operations.
- Strong knowledge of benefits programs and local regulatory requirements.
- Proficiency in HRIS systems and Microsoft Excel.
- Excellent attention to detail, organizational, and communication skills.
Preferred Skills
- Experience with global or multi-country benefits programs.
- Analytical mindset with ability to interpret data and provide insights.
- Customer-focused approach with strong problem-solving skills.
