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BENEFITS ANALYST II in Memphis, TN at ServiceMaster

Date Posted: 3/20/2020

Job Snapshot

Job Description

Position Overview

Working with the Director of Benefits, analyze and develop policies and benefit plans covering DC retirement plans, deferred compensation plans, flexible spending accounts, commuter benefits and other benefit programs. Maintains an ongoing effort to determine and maintain equity with current benefit trends and legislated requirements and programs. Gathers data and participates in the analysis of employee benefits issues and trends. Conducts and participates in benefits surveys. Analyzes results to determine their impact.  Help ensure compliance of retirement plans and policies with federal, state and local laws and regulations.

Job Responsibilities

  • Provides functional support related to third party benefits administration system and feeds including documentation and testing.
  • Ensures the integrity of the data required for successful administration by the third party administrator including: system audits, system testing, new hires, terminations, status changes, annual enrollment, etc.
  • Responsible for maintaining relationship with third party administrators.
  • Responsible for documenting policies and procedures related to third party systems and Workday Payroll.
  • Provides end user support related to benefits for Workday.
  • Provides routine and ad hoc reporting and analysis as required including: quarterly financial and annual enrollment reporting.
  • Assists with compliance to ensure that benefit administration outsourced to third parties are administered in accordance with plan provisions and regulations.
  • Responsible for leading the 401(k) Form 5500 audit with outside vendor.
  • Assists with the creation of Form 5500, Summary Annual Report, Safe Harbor Notice and other required regulatory reporting.
  • Assist in the preparation and review of communication materials.
  • Other duties as assigned.

Job Requirements

  • Minimum high school education and 3-5 years related experience.
  • Bachelor’s degree preferred.
  • Strong and demonstrated knowledge of ERISA, DOL and IRS requirements
  • Excellent verbal and written communication skills
  • Strong interpersonal, presentation, project and time management, analytical and problem-solving skills required.
  • CEBS, CEBS RPA or World At Work CBP designation a plus.
  • Maintains a working knowledge of all federal and state laws related to employee benefits
  • Maintains a working knowledge of state laws that may affect employee benefits
  • Understanding of standard benefit concepts and practices
  • Proficient in Word, Excel, Access, etc.
  • Proficiency in Workday or other HRIS (benefits/payroll or accounting a plus)

Physical Demands and Working Conditions

The physical demands are representative of those that must be met by an employee to perform the essential function to this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Incumbent must be prepared to:

  • Move up to 10 pounds occasionally, by lifting, carrying, pushing, pulling, or otherwise repositioning objects.
  • Sitting for long periods of time while using office equipment such as computers, phones and etc.
  • Fingering and Repetitive motions; such as movement of wrists, hands and fingers while picking, pinching and typing during your normal working environment.
  • Express or exchange ideas with others through the use of spoken word, quickly, accurately, and at an easily audible volume, and receive detailed information through oral communication at usual speaking levels without correction, and/or make fine discriminations in the nature of sounds in the environment.

Incumbent is required to have:

  • Close visual acuity to perform detail oriented activities at distances close to the eyes, as well as visual acuity to perform activities at or within arm’s reach with skill, control, and accuracy, such as preparing and analyzing data, viewing computer screen and expansive reading.

Incumbent will be subject to:

  • Inside working conditions: The change of building environment such as with or without air conditioning and heating.

ServiceMaster is committed to Diversity and Inclusion.  We encourage diverse candidates to apply to this position.  Equal Opportunity Employer–minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.