Benefits Analyst



Stanford University

Benefits Analyst

Job Number:
75342

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.

University Human Resources is looking for a driven, adaptable, and highly collaborative individual to support both the Health & Welfare and Retirement Prorgrams groups . The position will report to the Director of Health & Welfare Programs with a dotted line to the Director of Retirement Programs. This position is expected to manage the complex and daily administration of the Stanford Contributory Retirement Plan 403 (b) and 457(b) Plans. In addition, the Benefits Analyst will also support assigned Health & Welfare programs and manage various program vendors. As a professional resource, our analyst delivers and maintains standardized solutions/services, responding to the Health & Welfare and Retirement benefit plan support needs. And the analyst provides strong analytical and operational support to both program areas. The Analyst will be the key liaison between vendors/consultants and our two program directors.

This position is in our Palo Alto office located on Porter Drive and is scheduled to relocate to a new Redwood City campus upon completion in early 2019.

JOB PURPOSE:
Provides strong analytical and operational support. Act as an expert resource, deliver and maintain standardized solutions/services and respond to benefit plan support needs.

CORE DUTIES*:
  • Review of plan compliance; manage and complete compliance tasks; review appeals and make determinations.
  • Research and resolve plan participant benefit escalations.
  • Contracts management; external vendor interface and management. Meet with carriers and consultants; make decisions on plan operations as appropriate.
  • Develop procedures and process documentation for areas of responsibility.
  • Financial monitoring and reporting; coordinate information for Fringe budget management; coordinate data gathering for audits; oversight of benefit plan claims funding and premium payment.
  • Benefit plan communication evaluation, creation, review, and delivery. This will include presentations of materials and information to faculty and staff.
  • Participate in the benefit plan renewal cycles including benefit plan strategy, financial analysis, decision support, and change management.

    * - Other duties may also be assigned

    MINIMUM REQUIREMENTS:

    Education & Experience:
    Bachelor's degree and five years of relevant experience or combination of education and relevant experience.

    Knowledge, Skills and Abilities:
  • Advance working knowledge of ERISA, COBRA, Internal Revenue Codes (as they apply to health and welfare plans), and other statues governing employer sponsored benefit plans.
  • Advance working knowledge of accounting functions including budget building and evaluation, employee contribution modeling.
  • Demonstrated experience with evaluating benefit plan documentation and benefit communication strategies, including composition, review and revision.
  • Ability to quickly absorb and lean new concepts and new software programs.
  • Knowledge of insurance environment.
  • Presentation and public speaking skills.
  • Ability to transition between strategic big-picture and details of day-to-day operations.
  • Intermediate to expert level 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 30 pounds, writing by hand, sort/file paperwork.
  • Rarely kneel/crawl.
    * - Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.

    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.

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



    Job: Human Resources

    Location: Human Resources Services
    Schedule: Full-time
    Classification Level:

    To be considered for this position please visit our web site and apply on line at the following link: stanfordcareers.stanford.edu

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






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