Benefits Analyst at BNY Mellon / America Jobs

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Benefits Analyst

at BNY Mellon in Pennsylvania

The Benefits Analyst will assist with benefits plan management with compliance oversight and leadership in the development, implementation and coordination of the Company retirement and savings administration. This position will participate actively in reengineering initiatives and new global processes while ensuring compliance.

The Benefits Analyst is a critical member of our Benefits & Wellbeing Delivery team. Their primary accountabilities will be within the Retirement & Savings pillar with special projects that also bridge into Wellbeing programs. This Benefits Analyst will support a variety of Benefit programming spanning pension, 401(k) and financial wellbeing programs.

Program Administration – 40%

Provides direct and indirect assistance in the administration and coordination of retiree programs.
Serve as primary contact for plan vendors and third-party administrators.
Document and maintain administrative procedures for assigned benefits processes.
Perform daily activities in accordance with applicable human resources policies, procedures, methods and techniques.
Handles a variety of administration duties in support of mailings, data clean-ups and compliance/file maintenance.
Data Integrity and Analytics – 40%

Responsible for maintaining/auditing data in HRIS/payroll systems to ensure accuracy and integrity of the data including testing and patches for upgrades.
Ensures employee benefits enrollment data accuracy with benefit carriers.
Participates in benefit or total rewards surveys.
Conducts audits to monitor that terminations or other status changes are accurately reflected in the HRIS and vendor portals. Mitigates issues in partnership with Operations or HR Business Partners.
Handles data integrity processes with carriers such as weekly file feeds or monthly payment processing. Monitors for opportunities to eliminate errors and audits data to ensure transfers are accurate and timely.
Supports compliance, government filings and financial audit activities (ERISA, HIPAA training, ACA, 5500s, Non-discrimination testing, SPDs, SARs, new legislative requirements, section 125 testing, etc.)
Communications and Learning – 20%

Assist in the design, development and implementation of employee communications and educational efforts.
Directly addresses employee questions regarding benefits via email or phone. Monitors trends of repeat questions to identify if training or communications can reduce the frequency and volume of team member questions. Partners with learning or communications to address opportunities whenever possible.
Serves as a point of escalation for HR Operations team, and subject matter expert for HRBPs and other internal partners.
Profile requirements:

Bachelor's degree in Human Resources, Business, Finance, or other related areas preferred.
Customer Service
Ability to work with and manipulate data
Attention to detail, critical thinking, analytical and problem-solving skills are essential.
Strong organizational skills and ability to multi-task.
Proficient in MS Office including Word, Excel, PowerPoint, and SharePoint.
Must possess excellent written and verbal communication, and presentation skills.
Highly collaborative team player.
Ability to deal with ambiguity and roll up sleeves to “go figure it out”.
Having a can-do flexible attitude is a must.
Reference : Benefits Analyst jobs

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