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Sr. Benefits Analyst - Remote

Company: UNFI
Location: Eden Prairie
Posted on: May 21, 2023

Job Description:

Purpose: Leads or assists with planning, budgeting, pricing, analysis, reporting and maintenance of the company's non-union and some union health and welfare benefit programs to ensure cost effective employee and retiree benefits and services which meet corporate objectives and employee/retiree needs. Benefit programs include, but are not limited to, group health, dental, vision, wellness, EAP, disability, life insurance, and flexible spending accounts primarily for US based associates. The role will also be responsible for maintaining confidential information in multiple HR Information Systems and data warehouses as well as creating, maintaining, and generating reports. -Job Responsibilities:
Compile and analyze health and welfare plan data to identify trends including risk factors, claim expenses, turnover and other cost drivers that affect program cost. Research and analyze peer companies and current benefit trends to estimate impact on organization and track applicable benefits legislation, complete key industry surveys for benchmarking analysis. Develop reports to management and other internal partners regarding employee benefits utilization, enrollment, demographics, and other findings to support internal and external projects and initiatives. Responsible for the accurate and timely completion of benefits compliance and other annual reporting activities to applicable regulatory agencies, program vendors, and internal partners including all required testing and participant notifications (e.g., Prescription Drug Data Collection reporting, Nondiscrimination testing, Creditable Coverage reporting, PCORI fee, etc.). Recommend changes to the broader benefits team regarding current benefits programs or vendors to improve efficiency or cost-effectiveness. Manage data warehouse and claims databases, maintaining structure, data feeds and initiating first level root cause analysis for any data file issues. Coordinate with plan actuaries in establishing annual contributions for self-insured plans and insured plan renewals. Coordinate with Accounting/Finance Department and Total Rewards team to oversee accurate and timely payment of health and welfare plan expenses, including all billing. Coordinate with Accounting/Finance Department and external parties to oversee IRS/DOL compliance with annual filing requirements including but not limited to 5500s, SARs, Schedule P and 990, and other audit activities. Maintain positive relationships with program vendors, external auditors, consultants, and internal partners. Performs other relevant job duties as required. -Job Requirements: Education/ Certifications/or Equivalent combination of education training and experience: College degree in related field required (Economics, Insurance, Business, Finance). Advanced related degree preferred. -
Education, training or experience in underwriting, statistics, accounting or finance, business analysis or project management. Additional coursework in related field or certification preferredExperience:
5-7 years of benefit analysis, planning and design or other related experience
Experience with HRIS systems and respective report writers; PeopleSoft preferred. Experience with data warehouses and claims database Advanced experience with creating spreadsheets and merge documentsKnowledge/ Skills/ Abilities: Proficient benefits knowledge required including compliance with the state and federal laws and knowledge of benefit laws, such as COBRA, HIPAA, ERISA, and CAA; additional knowledge of Canadian benefit laws preferred but not required Understanding of Human Resource concepts such as benefit plans a must; compensation plans and employment processes knowledge preferred
Strong technical knowledge of a variety of employee and retiree benefit programs, contract compliance, claims processing and resolution, and program development and presentation required
Advanced knowledge of Microsoft Excel, Word, Access, and PowerPoint required Strong analytical and math skills required to determine benefits, payments, and perform statistical analyses of benefit plans
Able to handle superior level of confidentiality concerning employee information Excellent time management, interpersonal, communication, presentation, organization, decision-making and planning skills Excellent decision making and problem-solving skills with strong attention to detail Ability to work well in a team environment as well as independently Ability to assist and support others -Physical Enviornment/Demands: Most work is performed in a temperature-controlled office environment Incumbent may sit for long periods of time at desk or computer terminal While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. -
Incumbent may use calculators, keyboards, telephone, and other office equipment during normal workday Stooping, bending, twisting, and reaching may be required in completion of job duties -All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or protected veteran status. UNFI is an Equal Opportunity employer committed to creating an inclusive and respectful environment for all. - M/F/Veteran/Disability. VEVRAA Federal Contractor.#LI-Remote
Additional Information
Company Name: United Natural Foods
Schedule: Full-time
Pay Range: $63800.00 - $115600.00 Annually ($30.67 - $55.58 Hourly)
Compensation:UNFI anticipates paying the above-referenced pay rate (or within the above-referenced pay range) for this position. Actual Pay, where applicable, will depend on a number of factors, including, but not limited to, education, experience, training, and any requirements under applicable collective bargaining agreements. UNFI is committed to transparency in pay in compliance with applicable state and local laws.Benefits:For Washington positions (or positions that may be performed remotely from Washington),Click HEREfor Washington-specific paid time off details.Candidates hired into this position will also be eligible to participate in the following benefits programs: Paid Time Off; Sick Time; paid holidays and parental leave; 401K Program; medical, dental, vision, life, and accidental death/dismemberment insurance; short-term and long-term disability insurance program, Flexible Spending Account and/or Health Savings Account, subject to meeting the eligibility requirements and the terms and conditions of these programs, and subject to any requirements under applicable collective bargaining agreements. Sales Positions Only: For sales positions that are commission-based, the above range is an estimate of total potential commission-based compensation during an associate s first year, but UNFI offers an introductory period minimum of $1,000 per week. After the introductory period, as a 100% commission-based role, there is no set salary. UNFI s commission plans are uncapped and average earnings vary depending on territory and sales achieved, among other factors.UNFI s compensation, benefits, and paid time off policies are subject to change in the Company s sole discretion, consistent with applicable law. This job posting should not be construed as an offer of employment with certain terms, nor should it be construed as a guaranteed minimum.

Keywords: UNFI, Eden Prairie , Sr. Benefits Analyst - Remote, Accounting, Auditing , Eden Prairie, Minnesota

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