Benefits Analyst I
At a glance
Mid-level Compensation & Benefits role at Mindlance. Minneapolis · contract.
Pay not stated Compensation & Benefits salary
hrroles summary, based on the employer's posting.
What you'll do
- Handle recurring defined-benefit plan work, including benefit calculations, yearly data updates and help preparing benefit statements
- Learn each plan’s formulas, options and eligibility rules, then apply plan documents and government regulations
- Keep supporting records and audit trails accurate, and revise documentation when directed
- Coordinate with plan administrators and actuaries, while serving as a contact for clients’ human resources staff
- Join team meetings and training, and deliver agreed work by deadlines with guidance from project leaders
What you bring
- You bring strong math, analysis and computer skills, with working knowledge of Excel and Word
- You can prioritize work with project-leader support and meet agreed deadlines with careful attention to detail
- You communicate clearly in writing and conversation, and take a professional, client-focused approach
Who this fits
This contract role suits someone comfortable learning defined-benefit plan administration with guidance from teammates. The position is onsite in Minneapolis, and you must be willing to work overtime when requested. A bachelor’s degree is desired.
From the employer
Mindlance is a national recruiting company which partners with many of the leading employers in the Life Sciences, IT, and Financial Services sectors, feel free to check us out at http://www.mindlance.com.
• Perform with guidance from other team members, routine and recurring plan administration tasks for clients’ defined benefit plans (e.g., benefit calculations, annual data updates, assist with preparation of benefit statements)
• Work cooperatively with other team members (Towers Watson plan administrators, actuaries) to complete tasks and to ensure unified delivery of services
• Gain a thorough understanding of the plan design ( e.g., benefit formulas, options, eligibility)
• Follow and update documentation materials as directed
• Maintain complete and accurate work papers and audit trails
• Learn and use Professional Excellence tools and concepts to ensure efficient and quality output/service delivery
• Serve as a contact with clients’ human resources personnel
• Adhere to plan documents and government regulations in administering plans
• Actively participate in team meetings and training activities
• Be accountable to team members for agreements and commitments
Demonstrate the following
• Seek out experiences that may change perspective or provide an opportunity to learn new things
• Ability to prioritize workload with help from project leaders
• Ability to effectively deliver on agreed upon deadlines
• Attention to detail
• Professional, client-focused approach to colleagues and assignments
• Solid mathematical, analytic and personal computer skills
• Working knowledge of Microsoft Excel and Word
• Strong oral and written communication skills
• Willing to work overtime as requested
• Bachelor’s Degree desired
If interested to discuss further please send me your updated resume to udayk1atmindlance.com
Uday Kumar | (678) 604-8275
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