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Sr Benefits Analyst

Company: CommonSpirit Health
Location: Erlanger
Posted on: January 27, 2023

Job Description:

CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. With more than 700 care sites across the U.S. from clinics and hospitals to home-based care and virtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our world needs compassion like never before. Our communities need caring and our families need protection. With our combined resources CommonSpirit is committed to building healthy communities advocating for those who are poor and vulnerable and innovating how and where healing can happen both inside our hospitals and out in the community.Job Summary / PurposeThis position is responsible for the management of health and welfare benefit plans and time-off programs, including development, analysis, implementation, administration, communication, and program coordination across CommonSpirit Health. Manages plans, at an annual cost of more than $1 billion, including medical, pharmacy, life, short and long term disability, flexible spending and health savings accounts, vision, dental, EAP, paid-time-off benefit programs and voluntary benefits. Serves as a liaison and manages relationships with insurance carriers, TPAs, consultants, and collaborates with system, division and local groups such as Payer Strategies, HR Support Services and Technology, HR leaders, business partners, and EmployeeCentral Contact Center.Essential Key Job ResponsibilitiesCollaborates with the System Vice President of Benefits, System Director of Health and Welfare Benefits, and System Director of Well-Being and Benefit Engagement to ensure that the strategic direction of health, welfare and time off programs are aligned with CommonSpirit Health's Mission, Vision, Values, business objectives and local needs.Researches, evaluates, and recommends changes to benefits programs by working closely with vendors, consultants and TPAs to better align with the CommonSpirit Health benefits and rewards strategies. Assesses and monitors effectiveness of current, new or proposed programs initiatives and reports financial and employee impact. Develops measurements and reviews plans' utilization and performance against benchmarks.Responsible for project coordination, including implementing new benefits programs or vendors, streamlining existing programs, and developing cost projections for proposed and ongoing programs. Responsible for working with vendors to create corresponding specifications and change orders, identifying work streams impacted by changes, explaining desired changes to other impacted functions, answering questions that arise, and working with affiliated teams on change scope and implementation.Acts as a liaison to divisions, HR Support Services and Technology, EmployeeCentral Contact Center, carriers, consultants, legal and TPAs to resolve escalated benefit plan issues and provides clarification of benefit plan regulations and provisions. Provides interpretation and guidance on compliance matters, including state and federal regulations pertaining to health and welfare benefit plans. Creates and maintains benefit plan documentation; completes all required regulatory reports and filings. Assists with coordinating employer-sponsored benefits with government-sponsored programs.Works with carriers and TPAs to develop, maintain and provide periodic benefit plan reports for system office and division leadership. In addition, determines best practices, system-wide issues, and reviews and evaluates vendor performance. If service or communication issues arise, identifies root causes and works with vendors to develop solutions. Works with carriers and TPAs on their websites, resources, and tools to assist CommonSpirit Health employees in better understanding of benefit plans.Manages the annual benefit renewal and enrollment, including working with carriers and vendors to generate data, preparing analyses, recommending plan design changes, negotiating contracts and performance metrics, collaborating with administrator on system set-up and testing and developing both enrollment and ongoing benefit communications for employees, leaders and the HR community.Supports acquisitions and divestitures by serving as a benefits subject matter expert.Minimum QualificationsRequired Education and ExperienceFive to seven years of experience in managing employee benefits plans for a large, multi-site employer or related field. Minimum of 3 years supervisory experience. Bachelor's degree or a combination of education and/or additional job related experience in lieu of the degree.Required Licensure and CertificationsCEBS certification preferredRequired Minimum Knowledge, Skills, Abilities and TrainingLanguage and Communication Ability: Knowledge of the concepts, tools and techniques for effective listening and communicating; ability to apply these theories to receive, transmit and accurately interpret information and ideas. Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.Math Ability: Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.Decision Making and Reasoning Ability: Knowledge of the decision-making process and associated tools and techniques. Ability to define problems, collect and interpret data, establish facts, and draw valid conclusions. Ability to accurately analyze situations and reach productive decisions based on informed judgment.Influencing Ability: Knowledge of effective influencing tactics and strategies; ability to impact decisions within and outside the organization.

Keywords: CommonSpirit Health, Cincinnati , Sr Benefits Analyst, Professions , Erlanger, Ohio

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