Benefits Analyst

　　Human Resources Services, Redwood City, California, United States

　　New

　　Human Resources

　　Post Date 2 days ago

　　Requisition # 102039

　　Stanford University is one of the world’s premier academic and research institutions, devoting tremendous intellectual and physical resources toward the betterment of humanity. As a major Silicon Valley employer, Stanford seeks people committed to excellence and to improving our world. In turn, the university is committed to supporting its employees as they develop their careers and enrich their lives.

　　This role will split 50% time with the Retirement Savings team and 50% with the Health & Life team. The Benefits Department is small but nimble with a focus on providing meaningful benefits to faculty and staff and excellent customer service. This role will report directly to the Senior Director of Benefits but may receive instruction guidance from the Director of Retirement Saving on duties related to the retirement savings programs..

　　JOB PURPOSE:

　　Provides analytical and operational support. Act as a resource, deliver and maintain standardized solutions/services and responds to benefit plan support needs. This role will split time between Retirement Savings and Health & Life Programs and candidates should have experience with retirement plans (both defined contribution and defined benefit type plans) and health and welfare programs.

　　CORE DUTIES:

　　Respond to benefits related inquiries submitted through Service Now tickets

　　Manages assigned health and life programs and associated vendors

　　Conducts or coordinates annual comprehensive review of benefit plan documentation to ensure the language and provisions are current and reflect benefit plan practices. Analyzes gaps and/or items requiring consideration and takes the initiative to determine solutions

　　Ensures that all contracts are accounted for and current. May manage external vendors to ensure service delivery and problem resolution.

　　Compare administration practices with plan documents, coverage certificates, and participation

　　Reviews initial and second level appeals relating to benefit plan eligibility and/or contributions and makes a determination base4d on the provisions set forth in the plan documentation and the circumstances of the participant. Determines potential risk and to benefit plan compliance.

　　Coordinate information for Fringe budget management; coordinate data gathering for audits; oversight of benefit plan claims funding and premium payment. Assist in preparing financial information to the Fringe office for audits.

　　Receive financial reporting from external vendors and consultants and reviews for accuracy. Provides oversight and coordinates payment of benefit plan premiums directly to carriers and monitors cash flow activity to ensure correct accounts are debited and credited.

　　Reviews benefit plan communications for accuracy and clarity. Create new communications as needed.

　　Supports the monthly Long Term Disability termination process

　　Supports ACA related reporting and tasks

　　MINIMUM REQUIREMENTS:

　　Education & Experience:

　　Bachelor's degree and three years of relevant experience or combination of education and relevant experience.

　　Knowledge, Skills and Abilities:

　　Working knowledge of ERISA, COBRA, Internal Revenue Codes (as they apply to health and welfare plans), and other statues governing employer sponsored benefit plans.

　　Comfortable working knowledge of accounting functions and the ability to evaluate benefit plan budgets.

　　Experience with evaluating benefit plan documentation and benefit communication strategies, including composition, review and revision.

　　Ability to analyze complex situations (i.e. benefit issues, appeals, administrative issues), identify workable solutions/alternatives and make appropriate determinations and/or recommendations resulting in minimal risk.

　　Ability to work effectively, prioritize and be flexible in a high-paced, high-volume environment, and to complete job tasks in a timely manner.

　　Ability to quickly absorb and lean new concepts and new software programs.

　　Strong verbal and written communication skills, ability to interpret and communicate policies effectively.

　　Ability to exercise good judgment and deal with ambiguity and willingly explore alternatives and exceptions.

　　Presentation and public speaking skills.

　　Strong computer skills such as Microsoft Office (Outlook, Word, Excel, and PowerPoint).

　　Certifications and Licenses:

　　None

　　PHYSICAL REQUIREMENTS*:

　　Frequently stand/walk, sitting, use a computer, use a telephone, grasp lightly/fine manipulation.

　　Occasionally twist/bend/stoop/squat, reach/work above shoulders, grasp forcefully, lift/carry/push/pull objects that weigh up to 20 pounds, writing by hand, sort/file paperwork.

　　Rarely kneel/crawl.

　　WORKING CONDITIONS:

　　Occasional work on evenings and weekends.WORK STANDARDS:

　　Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.

　　Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.

　　Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University's Administrative Guide, http://adminguide.stanford.edu.

　　The expected pay range for this position is $82,000 to $94,000 per annum.

　　Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.

　　At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford’s extensive range of benefits and rewards offered to employees. Specifics about the rewards pack

　　The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.

　　Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources [email protected]. For all other inquiries, please submit acontact form.

　　Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

　　Additional Information

　　Schedule: Full-time

　　Job Code: 4641

　　Employee Status: Regular

　　Grade: G

　　Requisition ID: 102039

　　Work Arrangement : Hybrid Eligible