Benefits AnalystJob Description
Why You Should Want to Work Here
Yeah, we provide competitive pay and benefits, but that’s not why.You’re going to learn a lot here, you’ll be given as much responsibility as you can handle, your ideas will help us improve the industry, and you’ll be a key part of an organization committed to flexibility and social action.We keep “corporate” meetings to a minimum, and we have zero red tape. When team members have good ideas to improve our operations, we can decide to implement those without layers of management review. We also treat all employees as professionals. We do not micro-manage each other, and we do not believe in face-time. We just want clients to be serviced really well, and webelieve work should be a two-way street: when the company needs a hand to say, meet a client deadline, the employee steps up to help; when the employee needs a hand to balance work and life, the company steps up and provides flexibility. It’s not complicated. It is a breath of fresh air, and it’s what work should be.
Background on Innovo and our Commitment to the Triple Bottom Line
Innovo Benefits Group was born out of a passion for providing exceptional subject matter expertise, delivering innovative solutions, and simplifying the process. We are a trusted employee benefits broker that specializes in providing a spectrum of employee benefits services for large and small organizations nationwide.We offer the expertise of the largest benefits firms, with the service level of a boutique.
Innovo puts our values first and adheres to a Triple Bottom Line accounting framework where we balance financial responsibility with social and environmental aims. This year we are proud to have partnered with Bridge Over Troubled Waters, an innovative local aid group that serves homeless, runaway and at-risk youth in our community. In addition to supporting the group’s Mobile Medical Van, we were able to help fund the development of an app that connects youth with critical resources like the van and runaway program, help for victims of abuse, suicide prevention, as well as education and career development.
Benefits Analyst Responsibilities Include
Work with the consultants in all aspects of the RFP, renewal, and implementation processes.
Obtain, organize and analyze vendor proposals for various health and welfare plans, including medical, dental, vision, life, disability, etc.
Spend considerable time with spreadsheets analyzing various carrier, plan design, plan funding and employee contributionsoptions
Draft client presentations and employee open enrollment presentations and related communications
Conduct quality assurance reviews on other Innovo employee work products
Respond to client requests through email, phone
Use software to draft plan documents, required employee communications, and 5500 filings/SARs
Conduct and prepare benefits benchmarking analyses for clients
Address ongoing benefits enrollment and claims issues as necessary
Assist in client benefits technology implementations and ongoing support
Provide benefits enrollment services as needed for certain client engagements
Join Innovo in its supportfor our community in the spirit of the Triple Bottom Line
Bigger picture is to learn, grow and begin to manage own book of business at Innovo
Very strong attention to detail
Ability to manage and prioritize many tasks at once
Excellent written and verbal communication skills
Positive, client-first attitude, and willingness to go the extra mile when needed
Great team player, with willingness to help out others
Bachelor’s degree or higher
Minimum 2 years’ experience in the health and welfare benefits industry, preferably at a benefits brokerage firm but will consider carrier and/or corporate experience as well
Experience working with health and welfare benefits plans including medical, dental, life, disability, both in the design of these plans and related compliance requirements
Health/Life/Accident state license or commitment to obtain within 12 months of hire date
Proficiency in Excel and PowerPoint
Innovo Benefits Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Compensation / Benefits Analyst