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Benefits Analyst
Benefits AnalystGenerac • Waukesha, WI, US
Benefits Analyst

Benefits Analyst

Generac • Waukesha, WI, US
1 day ago
Job type
  • Full-time
Job description

Benefits Analyst

We are Generac, a leading energy technology company committed to powering a smarter world. Over the 60 plus years of Generac's history, we've been dedicated to energy innovation. From creating the home standby generator market category, to our current evolution into an energy technology solutions company, we continue to push new boundaries.

We are seeking a detail-oriented Benefits Analyst to join our Total Rewards team. In this role, you will conduct analysis and research to support the development and administration of effective U.S. and Canada benefits programs aligned with our organization's total rewards strategy.

Major Responsibilities :

  • Provide research and / or analytics to support the analysis, design and administration of U.S. and Canada employee benefit programs, including utilization, trends and opportunities for benefit system or program improvement.
  • Assist as a subject matter expert for benefit data and plan designs, including researching and analyzing data, creating reports and presentations, preparing reconciliations and assist with recommendations, etc.
  • Analyze and report on benefit program utilization trends across the organization and make recommendations for improvement.
  • Provide reporting and benchmark data to identify benefit trends and develop executive updates. Participate in marketing of benefit plans, service providers and programs, vendor evaluation and selection.
  • Involved in implementation and launch of new benefit plans, service providers and programs.
  • Ensure accuracy of employee and benefit database via audits and system correction; perform reconciliation of benefit vendor data files, closed loop payroll, direct billings and payments and / or invoices
  • Assist with the management of U.S. and Canada benefit vendors and third party administrators. Support the development, implementation, and administration of U.S. and Canada employee benefit programs ensuring benefit programs comply with existing policies and meet legal compliance.
  • Review, troubleshoot and resolve data integrity and / or plan compliance documentation issues. Troubleshoot errors that are affecting company benefit plans and correct them within legal and / or plan guidelines.
  • Assist with internal and external audits, ensuring U.S. and Canada benefit plan design and operation is consistent with plan documentation as well as SOP and compliance requirements. Prepare and manage benefit SOPs.
  • Provide or assist with the compilation of necessary data or documentation for compliance-related submissions and / or employee communications, including Form 5500, ACA, Notice of Creditable Coverage, and various state health and leave requirements.
  • Collaborate on special projects with other key stakeholders such as Payroll, IS and other HR teams; function as subject matter expert on benefits in these projects.

Minimum Job Requirements

Education

  • Bachelor's degree (or equivalent knowledge) in Human Resources or other related field.
  • Certifications : None
  • Work Experience Requires 3 years of professional level U.S. and / or Canada benefits analysis and administration experience to include experience in a centralized benefits department that includes delivering self-funded, multi-state benefits programs, analyzing vendors, RFPs and benefit plans, interpreting insurance and plans documents, analyzing and reporting data in order to identify issues, trends, or exceptions to drive improvements and find solutions.
  • Knowledge / Skills / Abilities :

  • Comprehensive knowledge of U.S. and Canada benefit practices, trends, methods and pertinent federal and state regulations, filing and compliance requirements affecting employee benefit programs including, but not limited to : ERISA, FMLA, IRC Section 125, Workers' Compensation, Medicare / Social Security, Service Canada regulations, OSHA, ADA and COBRA.
  • Excellent verbal, interpersonal, and written communication skills necessary to interact with staff at all levels of the organization.
  • Requires attention to detail and analytical skills necessary to evaluate situations and take appropriate action.
  • Knowledge of statistical methods, data analysis and presentation.
  • Understanding of the laws and regulations that affect human resources and benefits.
  • Critical thinking skills with the ability to research and analyze data drawn from multiple sources to find problems and make effective decisions.
  • Strong business and financial acumen.
  • Strong customer service orientation.
  • Ability to develop and maintain effective working relationships with a variety of stakeholders.
  • Ability to translate the technical nature of compensation for clear stakeholder understanding.
  • Consultative and collaborative style that allows for influence without authority.
  • Proficiency in MS Office applications. Highly proficient with Excel.
  • Current knowledge and experience using and configuring enterprise-wide (ERP) based HR systems such as Workday, Oracle Cloud HR, or SAP / SuccessFactors.
  • Preferred Job Requirements

    Certification / License :

  • Certified Employee Benefits Specialist (CEBS) issued by the International Foundation of Employee Benefits Plans or Certified Benefits Specialist (CBS) issued by WorldatWork. SHRM or HRCI certification.
  • Experience :

  • Global benefits experience to include U.S., Canada, Mexico, and Europe.
  • Workday experience.
  • Knowledge of mergers and acquisitions to include due diligence and integration processes.
  • Physical Demands : While performing the duties of this job, the employee is regularly required to talk and hear; and use hands to manipulate objects or controls. The employee is regularly required to stand and walk. On occasion the incumbent may be required to stoop, bend or reach above the shoulders. The employee must occasionally lift up to 25 - 50 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision and ability to adjust focus. Occasional travel.

    We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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    Benefit Analyst • Waukesha, WI, US

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