Benefits Analyst

  • New York, NY, USA
  • Full-time

Company Description

OUR STORY

We are a company with integrated luxury and lifestyle offerings centered on Movement, Nutrition and Regeneration. In addition to Equinox, our other brands, Blink, Pure Yoga, SoulCycle, Furthermore, and Equinox Hotels are all recognized for inspiring and motivating members and employees to maximize life. Within our portfolio of brands, we have more than 200 locations within every major city across the United States in addition to London, Toronto, & Vancouver. 

OUR CODE

We are passionate about high performance living and we practice what we preach – investing time in our own health and fitness. We believe that everyone has untapped potential within them and it takes a disruptive approach to unleash it. We dream big and don’t settle for the status quo. We sweat the details. We never accept less than 110% to help each other deliver the Equinox experience and enable our members to get great results.  We are obsessed with what’s new, what’s now, what’s next. Never following, always leading, living ahead of the moment in fashion, culture and consumer behavior. We aren’t just a company; we’re a community vested in each other’s success. We value humility and a team approach at every level of the company.

If you are a high performing individual who is passionate about winning and inspiring others then we are excited to discuss career opportunities with you.

Job Description

We are currently seeking a Benefit Analyst to support our Benefits Team at our New York City office!

OVERVIEW:

The Benefit Team seeks a highly motivated and analytical individual who is eager to enhance his/her HR experience and impact a dynamic, growing global company. This multifaceted role focuses on improving operational processes while working on a team that truly impacts our team members and business.

The ideal candidate is analytical and possesses a curiosity to automate and enhance processes and procedures to positively impact the business. This versatile role manages often competing priorities and requires a diverse skill set ranging from knowledge of benefits programs, compliance and administration to project management. The role partners with the Benefits Team, People Services Team, and often interacts with other team members. In particular, the role requires an understanding of the partnership between the People Services Team and other departments (Finance, Legal, IT, Payroll, HRIS) in ensuring the efficiency of our infrastructure and the relationship between human capital and organizational success. This role will be expected to play a key part in new business and support the organization as it continues to scale and grow.

KEY RESPONSIBILITIES:

  • Responsible for supporting end-to-end administration and operational activities for US and Canadian Benefits - to ensure accurate and timely benefits administration
  • First point of contact for US / Canadian health & welfare plans, tax-advantaged accounts, retirement (401k), and COBRA
  • Partner with payroll to ensure accurate and timely processing of benefits deductions and provide recommendations for areas of efficiencies and improvement
  • Support internal and external team members with benefits related questions
  • Responsible for administrative activities related to benefits delivery for Team Members, including:
    • Interface with benefits administer to monitor and problem-solve administrative issues update records due to status changes, resolve escalated enrollment issues, suggest improved administrative procedures 
    • Support Annual Benefits Enrollment which includes plan changes, oversight of vendor project management, review and testing of benefits offerings, cost changes, benefit communication review and participate in Club open enrollment meetings
    • Assists with compliance regulations including 5500 filing, ACA reporting, Non-discrimination testing, etc.
    • Prepare enrollment/ cancelation forms related to Canadian medical insurance, as well as enrolling/cancelling Canadian medical coverage
    • Ensure payment of invoices and accruing relevant cost, processing deductions/ payments in payroll, reporting
    • Execute controls related to processing invoices and payroll functions
    • Compliance to external and internal regulations
    • Implement benefits related regulations, procedures and documentation (including payroll and accounting activities)
    • Carry out administrative reconciliations to comply internal controls and the company's requirements
    • Identifying and correcting any historical 401(k) or other benefit deduction errors
  • Partner with payroll to ensure accurate and timely processing of benefits deductions and provide recommendations for areas of efficiencies and improvement
  • Develop and maintain process documentation as well as ensuring the proper documentation/accessibility of all plan documents and summaries
  • Investigate discrepancies in non-routine situations and provides recommendations for solutions

Qualifications

  • 3 years of experience in 401(k), Benefits management (including Canadian), or other relevant professional experience, and healthcare plan design is required
  • College Degree
  • Experience with Health & Wellness programs
  • Consumer centric approach to Benefits and Wellness management
  • Project management experience

Additional Information

AS A MEMBER OF THE EQUINOX TEAM YOU WILL RECEIVE:

  • We offer competitive salary, benefits and industry leading commission opportunities for club employees
  • Complimentary Club membership
  • 30- 50% discounts on all Equinox products and services including Personal Training, Private Pilates, Spa and Café’ services and Shop items

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department.

Equinox is an equal opportunity employer. For more information regarding our career opportunities, please visit one of our clubs or our website at https://careers.equinox.com/

All your information will be kept confidential according to EEO guidelines. Must have a legal right to work in the United States.