Benefits Analyst at Amneal Pharmaceuticals of New York LLC in Brookhaven, New York

Job Description:

Description:

• JOB SUMMARY: Assists with the analysis and administration of health & welfare, retirement, wellness and other employee benefit programs. Assures compliance with all applicable state and federal regulations. Responsibilities include interpreting and explaining benefit plans to new and existing employees and assisting and providing guidance with enrollment and changes as needed. Assists with compiling and presenting information to inform and educate management and employees during open enrollment. Partners with HRIS team and HRBPs as needed. Acts as a liaison with service providers.

Essential Functions:

• Monitors eligibility and enrollment of plan participants and ensures compliance with both plan provisions and government regulations and requirements. Provides guidance and counsel to employees and managers on the requirements and provisions of Amneal’s benefit programs and assist with the resolution of issues as needed. Follows up with enrollees if assistance is needed and obtains required documentation to approve enrollments. Maintains HRIS system related to benefit enrollment. Troubleshoot issues within HRIS system with HR Operations.

• Assist with administration and design of wellness activities and programs. Activities include scheduling flu shots, biometric screenings, leads wellness champion meetings as well as other wellness related activities.

• Responsible for data necessary to complete government compliance activities (5500s, audits, 1094/1095s etc.), employee mailings, vendor billings, coordinating data collection and updating reports as needed. Assures processes and procedures are in place to capture and maintain consistent and accurate benefit related data. Assists with employee data auditing and reporting.

• Compiles, analyzes and reports benefit data including employee, benefit plan and financials for Benefit's strategic planning and evaluation, best practices and benchmark surveys.

• Assist with leave administration

• Open enrollment activities including update of benefit enrollment materials, testing systems, schedule and conduct meetings.

• Develop deep and productive relationships with business stakeholders and major vendors

• Works with HR Operations to correct system and/or file issues.

• Responsible for benefits billing and vendor payments

• Assist with the development and helps conduct a variety of presentations to inform and educate HRBPs, management and employees about changes to benefit plans, administrative practices and legislated requirements and programs.

• Oversees/directs the administration of COBRA compliance

• Assist with researching current benefit trends and regulatory/legislated requirements and recommends programs/changes.

• Other duties as assigned

Education:

• Bachelors Degree (BA/BS) - Required

Experience:

• 1 year or more in Knowledge of ERISA, benefit programs, including flexible benefit programs. Bachelor's Degree in Human Resources or related field with an emphasis in business or finance, or equivalent years professional/analytical experience related to the above described duties. *Prior experience with Oracle also beneficial.

Skills:

• Basic knowledge of ERISA, employee benefit programs, including flexible benefit programs, financial analysis and budgeting. Requires strong communication skills, good writing skills, strong customer service and analytical skills. Ability to perform mathematical calculations in computing rates, premiums and adjustments. Proficient with Microsoft Office products. Organizational skills to develop/maintain reporting "standards" where applicable. Must be comfortable working independently and collaborating as a team. Must be a problem-solver. Must remain open to change and new information and ideas and adapt to the same. Must encourage and foster cooperation and teamwork. - Intermediate