Benefits Analyst - Hyderabad / Secunderabad
- Epiq Systems
- 3 - 5 years
- Hyderabad
- 1 month ago
- Email to a friend
- Report this job
Job Description
Summary:
The Benefits Analyst is responsible for the administration and implementation of employee 401(k) and health & welfare benefit plans for US and India. This position will have multiple priorities to include special projects, process improvement initiatives, audit and analysis of benefits information. The individual in this role will interact with benefit carriers, third party administrators and the Workday Team to ensure all benefit plans are set-up and functioning properly.
Essential Duties and Responsibilities:
- Provides superior customer service and assists with the resolution of issues.
- Assists with implementation and ongoing processes with service providers.
- Compiles, analyses and reports data including employee and plan data for strategic benefits planning and evaluation.
- Lead annual renewal and communication plans for India and ongoing wellness activities.
- Monitors and audits eligibility, limitations and restrictions of plan participation and ensures compliance with both plan provisions and government requirements.
- Monitors and audits eligibility, limitations and restrictions of plan participation and ensures compliance with both plan provisions and government requirements.
- Compliance and technical interpretive discussions with legal counsel, broker and third-party administrator.
- Provides guidance and benefit plan interpretation to employees, managers, Workday and broader HR teams on the requirements and provisions of benefit programs.
- Assists in developing standard operating procedures, policies and procedures.
- Develops, conducts and drafts communication to inform and educate management and employees about changes to benefit plans, administrative practices and legislated requirements and programs.
- Assists with Health & Welfare annual enrolment.
- Responsible for data necessary to complete regulatory activities (ACA, PCORI, 5500s, audits, etc.) and associated employee communications.
- Coordinates data collection and prepares vendor billing for AP processing.
- Monitors plan limits, eligibility and other restrictions on plan participation to ensure plan provisions and government requirements are met.
- Oversees the administration of COBRA compliance.
- Research current benefit trends and regulatory/legislated requirements and recommends programs.
- Performs other duties as assigned.
Qualifications & Experience
- Bachelor's degree required.
- 3 plus years of experience with HR, Benefits or analytics reporting.
- Strong knowledge of Microsoft Office including Word, Excel and PowerPoint.
- Strong written communication and proofreading skills.
- Work under general supervision/direction
Certificates/Licenses/Designations: Excellent analytical, reporting, interpersonal and organizational skills
Job Classification
Industry: LegalFunctional Area: Legal
Role Category: Compensation & Benefits
Role: Compensation & Benefits - Other
Employement Type: Full time
Contact Details:
Company: Epiq SystemsLocation(s): Hyderabad
Similar positions
Epiq Systems
We are a worldwide provider of legal services, serving law firms, corporations, financial institutions and government agencies—helping them streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, a...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in
