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CVSJP00023122 Benefits Analyst

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This position analyzes client benefit requests, determines best operational approach and performs coding. Validates coding accuracy utilizing various tools to ensure no financial impact or client/participant dissatisfaction. Researches client benefit requests/issues and recommends alternative solutions to internal partners in meeting client needs. Manages data integrity of eligibility interfaces and Health & Welfare premium payment and reconciliation processes. Works closely with the Supervisor of the Benefits Center and Benefits Analyst - PeopleSoft Benefits Admininstration to ensure best quality benefits services to employees. Interfaces with internal systems team and external vendors regarding set-up requirements, testing, implementation, and maintenance of ongoing and new eligibility files. Assists with planning, testing, implementation, and support of Annual Enrollment process and other benefits plan changes, policies, or procedures.

Duties:

Strong problem solving, analytical, organizational, interpersonal, communication, and presentation skills required.
Demonstrated ability to analyze data and determine conclusions and skilled in identifying and solving issues.
Ability to determine internal and external vendor requirements for new and ongoing eligibility files. Will interface with HRIS and HRIT teams regarding set-up, testing, implementation, and maintenance of eligibility files, premium payment requirements, and system upgrades.
Design, develop, and maintain required and/or ad hoc reports relating to claims costs and employee/employer contributions.
Assist with implementation and administration of voluntary benefit programs, including generation of census files and interfacing with payroll to ensure accuracy of payroll deductions.
Responsible for the daily administration of Company 401(k), pension, deferred compensation, and any other retirement plans for which the department has oversight.
Administers the Employee Stock Purchase Plan, including but not limited to, stock purchases, trust reconciliation, IVR file processing, eligibility files, and communications.
Primary liaison with plan vendors on a daily basis with regards to plan administration, compliance and reporting requirements, communications, and various projects.
Ensures timeliness and accuracy of vendor file interfaces and payroll wires.
Resolve daily participant issues and questions regarding retirement and stock purchase plans.

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