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Senior Benefits Compliance Analyst

Company: FlightSafety International
Location: Columbus
Posted on: June 25, 2022

Job Description:

TITLE: Senior Benefits Compliance AnalystLOCATION: Columbus, OH (Corporate HQ)DEPARTMENT: HR
PURPOSE OF POSITION:The Senior Benefits Compliance Analyst is responsible for all benefits compliance activities to ensure FlightSafety is in compliance with regulatory guidelines. This position is also responsible for benefits vendor management, drafting communications for the benefits function and is a functional liaison with Information Technology (IT) group on benefits processes and systems.
TASKS AND RESPONSIBILITIES: The following duties are essential to the successful and satisfactory performance of this job. Other duties may be assigned.
Compliance: --- Updating Plan Documents --- Affordable Care Act (ACA) - Employee reporting and Internal Revenue Services (IRS) filing --- Health Insurance Portability & Accountability Act (HIPAA) --- Benefits 5500s --- Qualified Separate Line of Business (QSLOB) --- Medicare Compliance (Part D reporting, respond to Center for Medicare Services (CMS) requests) --- Monitor and assist with implementation of new compliance requirements --- Claim/Dependent Audits Vendor Management: --- Manages escalated issues with vendors. --- Reviews utilization and assists with cost / benefit analysis of vendors. --- Acts as project manager for vendor changes and plan changes.
Process Improvement: --- Review current benefit processes and recommend/assist with implementation of efficiencies --- Document benefit processes
Communications: --- Drafts, coordinates approval and sends all communications on behalf of the benefits function. Systems Knowledge: --- Act as functional liaison with IT on benefits related interfaces and systems --- Asses how to functionally implement new or changing business requirements through benefits processes and ERP system modifications. --- Develop functional specifications to document system modifications to interfaces, enhancements, reports and business processes. --- Develop test plans and execute tests to support system patches and updates
MINIMUM EDUCATION: --- Four (4) year degree in Business/HR or related discipline or five (5) years' related experience; plus:
MINIMUM EXPERIENCE: --- Three (3) to five (5) years of experience in benefits administration, required --- Working knowledge of regulatory issues impacting benefit plans, required --- Benefits / ERP systems project experience, required
KNOWLEDGE, SKILLS, ABILITIES: --- Fluency in English, through both verbal and written communication; able to speak, understand, read and write --- Excellent verbal and written communication skills --- Excellent organizational skills --- Attention to detail --- Ability to interact with various levels of management in a professional manner --- Ability to adapt to changing schedules and high-pressure situations --- Able to work unsupervised, as needed --- Advanced knowledge of MS Excel, MS Word and MS Outlook --- General knowledge of SAP --- Other software programs may be required, as needed
PHYSICAL DEMANDS AND WORK ENVIRONMENT: While performing the duties of this job, the teammate is regularly required to sit, use their hands and fingers, to handle or feel; reach with hands and arms; and talk or hear. The teammate must occasionally lift and/or move up to 20 pounds. The teammate must have close and distance vision and the ability to adjust focus. The noise level in the work environment is usually moderate.

Keywords: FlightSafety International, Columbus , Senior Benefits Compliance Analyst, Professions , Columbus, Ohio

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