- Benefit Plan Analysis: Conduct comprehensive analysis and evaluation of existing benefit plans to identify areas for improvement and cost-saving opportunities.
- Market Research: Stay abreast of industry trends and market benchmarks to ensure our benefit offerings remain competitive and aligned with industry standards.
- Plan Design and Implementation: Collaborate with internal stakeholders to design and implement new benefit programs or enhancements to existing programs, ensuring they meet the needs of employees while adhering to budgetary constraints and regulatory requirements.
- Vendor Management: Serve as the primary point of contact for benefit vendors, managing relationships, negotiating contracts, and resolving any issues or discrepancies.
- Compliance and Reporting: Ensure compliance with all relevant federal, state, and local regulations governing employee benefits, including ERISA, HIPAA, ACA, and FMLA. Prepare and submit required reports to regulatory agencies as necessary.
- Employee Education and Support: Develop and deliver employee communications, presentations, and training sessions to educate employees about available benefits and assist them with enrollment, claims, and other benefit-related inquiries.
- Data Analysis and Reporting: Collect, analyze, and interpret benefit-related data to identify trends, track utilization, and assess the effectiveness of benefit programs. Prepare regular reports and presentations for management review.
- Continuous Improvement: Proactively identify opportunities for process improvements and efficiency gains within the benefits administration function, recommending and implementing solutions as appropriate.
- No supervisory responsibilities.
- Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
- 2+ years of experience in benefits administration or a similar role.
- Strong understanding of employee benefits regulations, including ERISA, HIPAA, ACA, and FMLA.
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and make data-driven recommendations.
- Proficiency in Microsoft Excel and other data analysis tools.
- Exceptional communication and interpersonal skills, with the ability to effectively interact with employees at all levels of the organization.
- Demonstrated ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
- Certified Employee Benefits Specialist (CEBS) or similar certification preferred.
- Workday experience necessary
- 1+ year Benefits plan administration background
- 1+ year customer service background
- Strong functional knowledge of Excel specific to creating, formatting and evaluating formulas and working within templates.
- Must be proficient in Excel, Word and other MS Office products along with Adobe products.
- Strong written, oral and interpersonal communication skills.
- Advanced problem solving and critical thinking skills.
- Ability to manage and negotiate multiple priorities and deadlines.
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Benefits Analyst - Miami, United States - Cano Health
Description
It's rewarding to be on a team of people that truly believe in making an impact
We are committed to building the best primary care environment for patients and are seeking healthcare enthusiasts to join us.
Job Summary
As a Benefit Analyst, you will play a key role in ensuring the effectiveness and competitiveness of our employee benefits programs. You will be responsible for analyzing, evaluating, and implementing various benefit plans, as well as providing support to both employees and management regarding benefit-related inquiries and issues. The ideal candidate will possess strong analytical skills, attention to detail, and a deep understanding of employee benefits regulations and best practices.
Duties & Responsibilities
Essential Duties & Responsibilities
Physical Requirements
This position works under usual office conditions. The associate is required to work at a personal computer as well as be on the phone for extended periods of time. Must be able to stand, sit, walk and occasionally climb. The incumbent must be able to work extended and flexible hours and weekends as needed. Physical demands include ability to lift up to 50 lbs. The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work Conditions
Work will involve constant driving/traveling to assigned clinics/territories
Travel Requirements
Travel Required
Amount of Expected Travel
Details
No
Tools & Equipment Used
Computer and peripherals, standard and customized software applications and tools, and usual office equipment.
Disclaimer
The duties and responsibilities described above are designed to indicate the general nature and level of work performed by associates within this classification. It is not designed to contain, or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of associates assigned to this job. This is not an all-inclusive job description; therefore, management has the right to assign or reassign schedules, duties, and responsibilities to this job at any time. Cano Health is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
Join our team that is making a difference
Please see Cano Health's Notice of E-Verify Participation and the Right to Work post here
