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Analyst, Health & Welfare Benefits (*Remote Consideration)
Company | Lincoln Financial Group |
Address | Radnor, PA, United States |
Employment type | FULL_TIME |
Salary | |
Category | Insurance,Financial Services,Investment Management |
Expires | 2023-06-18 |
Posted at | 11 months ago |
Alternate Locations: Radnor, PA (Pennsylvania)
- Consults/Analyze on more complex assignments and/or projects for their assigned area(s) of responsibility.
- Identifies and recommends process improvements that significantly reduce workloads or improve quality for their assigned area(s) of responsibility.
- Performs more complex benefits related compliance activity (i.e. Form Filings, Summary Annual Reports, etc.) including the development, implementation, documentation, and monitoring of compliance related matters.
- Maintains knowledge of benefit trends & regulations in the area of Health & Welfare to ensure that new trends/regulations are incorporated in the current and future benefit programs of the Company to help differentiate Lincoln as an employer of choice.
- Maintains knowledge on current and emerging developments/trends for assigned area(s) of responsibility, assesses the impact, and collaborates with management to incorporate new trends and developments in current and future solutions.
- Manages invoice billing & funding for all Health and Welfare programs.
- Conducts more complex benefit plan audits in partnership with internal/external stakeholders.
- Manages all programs, policies, and vendors responsible for leaves, disability, and absences.
- Liaises with benefit vendors with respect to plan eligibility, participation, coverage, compliance matters and other benefit matters.
- Develops dashboard reports and conducts regular reporting on benefits utilization and maintains and creates reports and documentation in accordance with federal, state, and provider regulations.
- Prepares, reviews & obtains necessary documentation for qualified plans, with legal consultation; IRS/ERISA mandated submissions and employee communications, including Plan Documents, Summary Plan Descriptions (SPDs), Summary of Material Modification.
- Serves as a resource to team members and applicable internal/external stakeholders on more complex assignments/projects for their assigned area(s) of responsibility.
- Champions and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned area(s) of responsibility.
- Carries out duties in compliance with all state and federal regulations and guidelines. Complies with all company and site policies and procedures.
- Remains current in profession and industry trends.
- Makes a positive contribution as demonstrated by: - Making suggestions for improvement - Learning new skills, procedures and processes
- 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)
- 3 - 5+ Years of experience in Health & Welfare, Human Resource Administration, Human Resource Consulting, and/or Human Resources that directly relates to the responsibilities of this position.
- Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists.
- Evaluate trends in data or information.
- Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures.
- Strong project management skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.
- Confident, comfortable communicator with strong written and verbal communication skills.
- Demonstrates excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail, demonstrates the ability to use sound judgment and discretion regarding confidential information.
- Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
- Demonstrated strong relationship management skills with internal clients (e.g. management, peers and colleagues); proven ability to develop collaborative approaches.
- Demonstrates ability to identify and recommend process improvements.
- A clearly defined career framework to help you successfully manage your career
- PTO/parental leave
- Tuition assistance program
- A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations
- Competitive 401K and employee benefits
- Free financial counseling, health coaching and employee assistance program
- Leadership development and virtual training opportunities
- Effective productivity/technology tools and training
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