Senior Benefits Analyst

Company: Murata Electronics North America (MENA)
Location: Smyrna
Posted on: January 8, 2021

Job Description:

For over 70 years, Murata Electronics has been a tireless innovator, committed to developing technologies that profoundly change the world around us. Our innovation is inside more state-of-the-art equipment than you may imagine.Murata solutions enable global product companies to turn their visions into reality - from mobile communications to computers and networking, medical devices to power solutions, smart home technologies to automotive electronics.Our past innovations drive today's technology, and our present innovations are shaping tomorrow's. Whatever the future holds, you can be sure it will contain Murata.LocationSmyrna, GAGeneral SummaryThe Senior Benefits Analyst will be reporting to the Senior Benefits Manager and is responsible for administering and communicating benefit programs, as well as interpreting policies and procedures, and ensuring compliance with regulatory agencies. Provides analytical and technical support in the delivery of benefit programs including analyzing, monitoring, and recommending actions due to new and evolving benefits legislation. Ensures that plans are administered consistent with company objectives and strategy.Essential Job Responsibilities

• Analyzes enrollment, coverage, equity, and financial impact across the organization as compared to industry benchmarks, geographic and legislative trends, and requirements.
• Responsible for the analysis, forecasting, auditing, and reporting of benefits data including, but not limited to, health and welfare plans, savings plans, and Workers' Compensation claims.
• Routinely researches and presents recommendations for benefit plan adoption or revision based on findings and employee insights.
• Coordinates and administers all employee benefits programs.
• Coordinates and supports benefit enrollment processes.
• Assists in the review of plan documents and materials.
• Participates in annual plan renewals and enrollments, including the modification of benefit materials, scheduling of enrollment meetings, the transmission of enrollment data to vendors, and resolution of post-enrollment issues.
• Monitors HRIS benefits management system and reviews all benefit vendor file feedback reports.
• Responsible for coordination of data necessary to complete internal, state and/or federal reporting, testing, audits, and plan eligibility.
• Processes and reconciles benefits invoices for payment.Miscellaneous Job Responsibilities
  • Assures company compliance with provisions of ERISA and other regulatory requirements. Works with broker to assist with preparation of various reports required by law to be filed with federal and state agencies such as 5500's.
  • Prepares routine and ad-hoc reporting as requested.
  • Ensures employee personal benefit plans are confidential, compliant, maintained, and secured.
  • Vendor management including tracking performance metrics and suggesting process and program improvements
  • Maintains and recommends improvements to processes, procedures, and documentation to ensure efficiency and effectiveness of benefits program administration.
  • Administers all leaves of absences and coordinates associated short- and long-term disability claims.
  • Participates in committees, special projects, and seeks additional responsibilities.
  • Performs other duties as neededCompetenciesTeamworkCustomer OrientationResults OrientationPromotes Innovation & ChangeCritical Thinking & Decision MakingFunctional/Technical KnowledgeRequired Qualifications
    • Bachelor's degree in Human Resources or related field
    • Five to seven years of progressively responsible experience in benefits administration with multi-state environments.
    • Benefit Certification (i.e. CBP, CCP, CEBS).
    • Comprehensive knowledge of complex, changing laws and administrative regulations affecting health and wellness programs including but not limited to Section 125 regulations, COBRA, FMLA, HIPPA, ACA, ADAAA, and IRS regulations. Incumbents are expected to exercise significant discretion and independent judgment while performing their duties pursuant to laws, regulations, policies, administrative rules, and procedures.
    • Must possess strong analytical, consulting and influencing skills with the ability to interface with all levels within an organization.
    • Must be highly proficient with spreadsheets, databases and HRIS management tools. Must possess proven project management skills including but not limited to excellent planning, time management, decision-making, and presentation skills.
    • Must demonstrate excellent verbal and written communication skills.
    • Proficiency with HRIS, MS Excel, Word, and PowerPoint.TravelInfrequent travel required.Imagine the possibilities as a member of Murata's innovative global team. Be an innovator - Join Murata! Murata offers competitive compensation and comprehensive benefits. Equal Opportunity/Affirmative Action Employer - M/F/Disabilities/Veteran s

Keywords: Murata Electronics North America (MENA), Smyrna , Senior Benefits Analyst, Professions , Smyrna, Georgia