The Total Rewards team is committed to creating and providing programs that support our employees personally, professionally, and financially, so in turn they can address the needs of our members and transform healthcare. Reporting to the Sr. Benefits Manager, the Senior Benefits Analyst will be responsible for project managing Blue Shield of California’s high-profile benefit program changes throughout the year. This person will work closely with the Sr. Benefits Manager and Director to execute ... more details
Your Role
The Total Rewards team is committed to creating and providing programs that support our employees personally, professionally, and financially, so in turn they can address the needs of our members and transform healthcare. Reporting to the Sr. Benefits Manager, the Senior Benefits Analyst will be responsible for project managing Blue Shield of California’s high-profile benefit program changes throughout the year. This person will work closely with the Sr. Benefits Manager and Director to execute on the Total Rewards Roadmap and with three other analysts on the Benefits team to ensure new and existing programs are running smoothly. We’re looking for a passionate benefits professional who is excited about making a difference to Blue Shield’s benefit, retirement and leave of absence programs, while modeling strong leadership behaviors.
Your Work
In this role, you will:
Analyze and develop benefit plans, programs and policies covering accident and health insurance coverage, retirement and pension plans, income continuance, workers' compensation, leave of absence/time-off, holidays and vacations
Research, analyze, and develop modifications to benefits programs to meet company objectives and evaluates and recommends needed changes or enhancements in company benefits programs in response to problem and opportunity areas
Review existing benefits plans and programs to determine need for changes and enhancements; propose plan design changes to meet company needs
Ensure benefits data is gathered and prepared for actuarial review or annual renewal review, and ensure data is gathered and prepared for survey participation where necessary
Project manage benefit program implementations and annual processes, such as benefit, retirement, and leave of absence changes, annual vendor renewals and open enrollment, request for proposals, compliance updates, and non-discrimination testing
Develop strong relationships with third-party vendors and internal stakeholders to successfully deliver on assigned project
Stay informed of regulatory and legislative changes that could impact Blue Shield of California’s benefit, retirement, and leave of absence programs
Oversee compliance calendar to ensure necessary documents are updated and distributed on time and in compliance.
Educate and train Shared Services team, HR:Connect, and vendor’s call centers on benefit, retirement, and leave of absence programs, policies and systems
Lead annual vendor renewal process and participate in benefit program budgeting with Finance team
Review and improve current reporting and auditing processes for benefit and retirement programs
Respond and resolve escalated benefit and retirement issues, as needed
Educate others and advocate for benefit programs design and philosophy
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