Senior Benefits Analyst
- Full-time
Company Description
Treace’s mission is to be the leader in the surgical treatment of bunions by establishing the Lapiplasty® System as the standard of care. We are committed to operating our business with the highest standards of ethical conduct. We intend to exceed our customers’ expectations through an innovation-driven, high-velocity approach to solving treatment and surgical problems. With our products and services, our mission is to assist foot and ankle surgeons in improving patient outcomes and reducing healthcare costs, while providing rewarding experiences and opportunities for our employees and stakeholders.
Job Description
Are you a dynamic, detail-oriented professional with a passion for employee benefits? We are seeking a Senior Benefits Analyst to join our team and play a critical role in managing, designing, and enhancing our company’s benefits offerings. Partnering with our HR team and CHRO, you will take the lead on daily administration, compliance, and the execution of health, welfare, retirement, and other benefit programs. Acting as both a subject matter expert and trusted advisor, this role is pivotal in maintaining vendor relationships, driving compliance processes, and promoting engagement with benefits across all levels of the organization.
In addition, you will have the opportunity to contribute to long-term strategies that align our benefits offerings with company goals, while driving process improvements that enhance efficiency and employee satisfaction.
Key Responsibilities
Benefits Administration - Lead and execute the administration of all employee benefit programs (medical, dental, vision, life insurance, disability, leave programs, and retirement plans) while ensuring compliance and excellent service delivery.
Vendor Management - Serve as the primary liaison for benefits vendors, brokers, and external partners, ensuring the best value and service delivery.
Open Enrollment - Manage the annual open enrollment process, including plan renewals, communications, employee education initiatives, benefit fairs, and materials updates
Program Oversight - Administer defined contribution 401(k) plans, ensuring accurate participant enrollment, annual testing, and external audit compliance.
Compliance & Audits - Drive audits of benefit plans to maintain accuracy and compliance with regulatory requirements such as ERISA, HIPAA, COBRA, and ACA.
Employee Support & Issue Resolution - Act as the escalation point for employee benefit inquiries and issues, ensuring proactive resolution and high-quality communication.
Partnership with HR and Payroll - Collaborate with Payroll and HRIS teams to ensure accurate benefits setup, functionality, and deductions. Drive automation and systems efficiency.
Leave Administration - Coordinate leave of absence processes (FMLA, ADA, etc.), ensuring compliance and proactive communication with stakeholders.
Strategic Contributions - Analyze utilization trends and benchmark offerings to industry standards, contributing ideas for competitive and cost-effective benefits strategies.
Regulatory Compliance Oversight - Ensure adherence to legal requirements and ACA administration through ongoing monitoring, reporting, and compliance updates.
What We’re Looking For
- Expertise: In-depth knowledge of employee benefits programs, compliance, and industry regulations (SOX, ERISA, HIPAA, COBRA, etc.).
- Experience: Proven track record administering health, welfare, and retirement programs across various employee populations.
- Problem-Solving Skills: Ability to resolve employee benefits concerns with empathy and precision while offering creative and effective solutions.
- Attention to Detail: Strong organizational and audit skills with a focus on accuracy and regulatory compliance.
- Collaboration: Ability to partner effectively with internal teams (Payroll, HR, CHRO) and external vendors to drive results.
Why Join Us?
- Impactful Role: Shape and enhance benefits offerings that make a meaningful difference to employees.
- Collaboration: Work alongside a passionate HR team and senior leadership to craft forward-thinking solutions.
Qualifications
- Bachelor’s degree in human resources, business administration, or related field (or equivalent professional work experience) required.
- Minimum of 5+ years of employee benefit administration experience required.
- HRIS experience required, ADP Workforce Now strongly preferred.
Additional Information
All your information will be kept confidential according to EEO guidelines.
It is Treace’s policy not to discriminate against any applicant for employment, or any employee because of age, color, sex, disability, national origin, race, religion, veteran status or any other characteristic protected by applicable law. EEO/Disabled/Veterans Employer
Treace is a drug free employer.