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Senior Benefits Analyst

Employer
Burlington Coat Factory Corporation
Location
Burlington City, New Jersey, United States
Closing date
Apr 17, 2024

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Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
LOCATION 2006 Route 130 North Burlington NJ US 08016
Overview

Burlington is seeking a Senior Benefits Analyst who will be responsible for participating on project teams, executing projects, as well as for day-to-day functional support of health & welfare and retirement benefit plans. This includes a broad spectrum of benefit plans, including but not limited to 401(k), health and welfare plans, flexible spending accounts, health care savings account, college 529 plan, etc. Responsibilities include working with third-party vendors to manage and resolve escalated issues, ensuring benefit payroll deductions are accurate, management of related interfaces between the company and other vendors. The Sr. Benefits Analyst will maintain, develop, and revise all HRIS functionality including manuals, tables, configuration and documentation related to Benefits and LOA. Collaboration with other team members including vendors, payroll, accounting, HRIS, and IT. The Benefits Analyst must have a proven analytical background as the role also requires regulatory reporting, census reporting & cost analysis to be provided to Senior Management.
A day in the life:

+ Assist with plan design review including driving open enrollment process, Workday configuration, testing and implementing communications.

+ Proactively analyzes the benefits data and benefits enrollment information in the HRIS system, identifying inconsistencies & ineligibilities where further research or enrollment / termination of enrollment is needed, and creating / implementing corrective actions.

+ Independently perform data analysis, system configurations and automate/streamline manual processes.

+ Responsible for adherence to compliance with federal, state, and local requirements, including ERISA, HIPAA, COBRA, QMCSOs, Cafeteria plans, and ACA, eligibility, benefit deductions, plan documents, policies including conducting non-discrimination testing.

+ Manage the development and testing of systems to ensure the integrity of sensitive data.

+ Utilize delivered reports within the Workday (HRIS) system, conducting audits of enrollments & payroll deductions & payments made to vendors.

+ Independently research, test and configure HRIS system for benefit administration ensuring compliance with benefit plans, policies and applicable laws and regulations.

+ Develops analytic reports related to benefit plan & eligibilities and cost analysis. Provides assistance with modeling and costing of plan related changes in support of federal regulations & organizational strategy.

+ Manages budget reporting and reconciling vendor payment of invoices.

+ Stay updated on industry trends, best practices, and regulatory changes in employee benefits, making recommendations for benefit adjustments as necessary.

+ Assist in developing and implementing HR policies and procedures related to benefits administration.

What you'll bring:

+ At least 5 years of relevant experience in a health & welfare and retirement benefits. related role.

+ 2-3 years of configuring benefits within an HRIS, preferably Workday, preferred.

+ Experience with gathering, analyzing and interpreting data from multiple sources, determine validity, draw conclusions, summarize findings & make recommendations.

+ Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy, inclusive of data mining and ad hoc reporting.

+ Project management skills: ability to balance multiple projects concurrently in a high paced environment.

+ Able to determine when to escalate issues/decisions and partner with appropriate leaders.

+ Strong knowledge of Microsoft Office applications - specifically Excel, Word and PowerPoint.

+ Proven experience working with external vendors in the benefit space.

Come join our team. You're going to like it here!

You will enjoy a competitive wage, flexible hours, and an associate discount. Burlington's benefits package includes medical, dental and vision coverage including life and disability insurance. Full time associates are also eligible for paid time off, paid holidays and a 401(k) plan.

We are a rapidly growing brand, and provide a variety of training and development opportunities so our associates can grow with us. Our teams work hard and have fun together! Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day. Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity.

#LI-KG2

Posting Number _2024-218708_
Location _US-NJ-Burlington_
_Address_ _2006 Route 130 North_
_Zip Code_ _08016_
Workplace Type _Hybrid_
Position Type _Regular Full-Time_
Career Site Category _Corporate_
Position Category _Human Resources_
Evergreen _Yes_
Min _USD $80,000.00/Annual_
Mid _USD $105,000.00/Annual_

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