Benefits Analyst

48 Minutes ago • 3 Years + • $80,000 PA - $110,000 PA
Business Analysis

Job Description

As a Benefits Analyst, you will join a dedicated team focused on delivering exceptional benefits to employees. Based in New York, Memphis, or the Bay Area, you will administer and continuously improve benefits programs, primarily for the US, while supporting international locations. This role involves streamlining processes, ensuring compliance with regulations, and enhancing the employee experience. You will design new policies, optimize program efficiency, analyze market trends, and manage annual Open Enrollment, 401(k) plans, and benefit audits.
Good To Have:
  • International benefits experience, preferably in EMEA and LATAM.
  • Proven skills in the development, management, evaluation, and improvement of benefit programs.
  • Ability to apply judgment and make sound decisions.
  • Proven ability to plan, organize, prioritize, work independently, and meet deadlines.
  • Ability to conduct complex analysis and formulate conclusions.
  • Ability to design new programs and lead process improvement projects.
  • Ability to foster effective working relationships and build consensus with multiple stakeholders.
Must Have:
  • Manage annual Open Enrollment, including plan implementation and system configuration.
  • Update HRIS for proper structure and interfacing with carriers/vendors.
  • Respond to and resolve complex global benefit escalations.
  • Assist with 401(k) plan management, including audits and filing.
  • Partner with Payroll for audits on benefit-related deductions.
  • Process and reconcile monthly/quarterly benefits invoices.
  • Ensure compliance of health care plan documents and ACA requirements.
  • Coordinate global benefits and wellness education sessions.
  • Support the full lifecycle of all Benefit programs, including global renewals and reviews.
  • 3+ years experience in US benefits.
  • Hands-on experience with day-to-day benefits administration.
  • Experience implementing and rolling out benefits programs company-wide.
  • Previous experience supporting a 401k plan.
  • Strong vendor management experience.
  • Experience in program development.
  • Operational and process excellence.
  • Organizational and analytical skills.
  • Strong written and verbal communication skills.
  • Experience in interpreting and communicating policy provisions.
Perks:
  • Equity
  • Comprehensive medical coverage
  • Vision coverage
  • Dental coverage
  • Access to a 401(k) retirement plan
  • Short-term disability insurance
  • Long-term disability insurance
  • Life insurance
  • Various other discounts and perks

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About the Role

As a Benefits Analyst, you’ll join the benefits team, dedicated to delivering exceptional benefits to employees building one of the world’s most groundbreaking AI products. You’ll drive the administration and continuous improvement of benefits programs, primarily for the US while supporting international locations. Working with internal teams and external partners, you’ll tackle complex challenges to streamline processes, ensure compliance with state, federal, and country-specific regulations, and enhance the employee experience. Expect to dive into designing new policies, optimizing program efficiency, and analyzing market trends to keep our benefits competitive, all while supporting the mission to accelerate human scientific discovery through AI.

Responsibilities

  • Help manage annual Open Enrollment including partnering with our benefits brokers to implement new plans, configuring the Benefits Administration System (Workday/Rippling), and communicating changes to employees
  • Play a hands-on role updating our HRIS to ensure proper structure, alignment and interfacing with our carriers and vendors
  • Respond to and resolve complex global benefit escalations
  • Help manage the 401(k) plan including assisting the Benefits Program Manager with annual audits, testing and 5500 filing
  • Partner with Payroll to perform audits on all benefit-related deductions including HSA contributions, imputed income, retroactive deductions, and W-2 benefit reporting
  • Process and reconcile monthly/quarterly benefits invoices and partner with Finance to audit and reconcile billing as necessary
  • Partner with our Finance and Legal teams team to ensure compliance of health care plan documents, policies, postings, eligibility, and Affordable Care Act requirements
  • Coordinate country specific and global benefits and wellness education sessions and communication campaigns
  • Support the full lifecycle of all Benefit programs, including global benefits renewals, global pensions audit, benefit structure reviews and implementation across the globe

Basic Qualifications

  • Bachelor’s Degree or equivalent work experience
  • Experience minimum: 3+ years experience in US benefits
  • Hands on experience with day to day benefits administration
  • Experience implementing and rolling out benefits programs company-wide
  • Previous experience supporting a 401k plan
  • Ability to collaborate with cross-functional teams and work independently to run benefit programs from start to finish
  • Strong vendor management experience
  • Experience in program development
  • Operational and process excellence
  • Organizational and analytical skills
  • Communication skills, both written and verbal
  • Experience in interpreting and communicating policy provisions

Preferred Skills and Experience:

  • International benefits experience, preferably in EMEA and LATAM
  • Proven skills in the development, management, evaluation and improvement of benefit programs
  • Ability to apply judgment and make sound decisions
  • Proven ability to plan, organize, prioritize, work independently and meet deadlines
  • Ability to conduct complex analysis and formulate conclusions
  • Ability to design new programs and lead process improvement projects
  • Ability to foster effective working relationships and build consensus with multiple stakeholders

Benefits

Base salary is just one part of our total rewards package, which also includes equity, comprehensive medical, vision, and dental coverage, access to a 401(k) retirement plan, short & long-term disability insurance, life insurance, and various other discounts and perks.

is an equal opportunity employer.

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