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Compensation & Benefits Analyst

HMT Tank

Compensation & Benefits Analyst

The Woodlands, TX
Full Time
Paid
  • Responsibilities

    The Compensation & Benefits Analyst will be an integral member of the HR team providing analysis for employee benefit and compensation requirements.

    Essential functions of the role include:

    • Provides analysis, and reporting on employee salary and benefit plans, including retirement plans

    • Undertakes analysis of benefits data to ensure accurate processing and reporting with vendors

    • Leads regular benefit audits and 401k audits

    • Drives compliance, and conducts reviews

    • Participates in benefits overview presentations, and explains policies and procedures during open enrollment and new hire enrollment

    • Analyzes and maintains compensation structure and other job-related data

    • Undertakes salary surveys, market pay analysis, and cost reviews  

    • Supports HR team by providing compensation analysis and recommendations

    • Partners with vendors for to implement employee benefit and retirement plan processes, which include Medical, Dental, Vision Basic & Supplemental Life, Short-Term and Long-Term Disability

    • Analyzing benefit plan options, trends, and costs

    • HRIS reporting and analysis

    • Ensuring adherence with applicable government regulations

    • Verifies benefit data feed information, and accuracy of invoicing

    • Reviews, analyzes, quality checks benefit and compensation reports to support with budgeting and business operations

    • Other tasks as required

    Required qualifications/Experience/Skills

    • Bachelor's Degree in human resources or similar field and/or relevant related experience
    • Minimum of 3 years benefits and compensation analytical experience
    • Sound knowledge of laws governing benefits
    • Experience with FMLA, COBRA, ERISA, HIPPA, ACA, Section 125
    • Strong analytical and presentation skills
    • Ability to analyze and handle complex cases, and implement solutions
    • Excellent MS Office skills (MS Excel, MS PowerPoint)