Full Job Description
The Senior Benefits Analyst is responsible for supporting the design, implementation, and administration of the Bank's benefits programs. The analyst will actively promote benefit offerings and serve as a resource for employees and leaders, ensuring programs are understood and utilized effectively.
Key Responsibilities:
• Administer and oversee leave programs and accommodations, ensuring compliance with regulatory requirements and internal policies. Collaborate with third party administrator to process claims and communicate appropriate details with employees, leaders and payroll.
• Support annual benefits renewal processes, data analysis, and annual enrollment implementation and communication.
• Organize and participate in benefits fairs and other promotional events to increase awareness and engagement with benefit programs.
• Serve as a subject matter expert for employees and leaders, providing guidance, resolving complex inquiries, and supporting decision-making.
• Promote the Bank's benefit programs through presentations, written materials, and direct outreach.
• Analyze benefits utilization and trends, recommending enhancements or corrective actions as needed.
• Collaborate with HR, payroll, and external partners to ensure accurate and timely administration of all benefit programs.
• Maintain up-to-date knowledge of industry best practices, regulatory changes, and emerging trends in benefits and leave administration.
• Performs other duties as assigned or requested.
Qualifications:
Education and Experience
• Bachelor's degree required.
• Minimum of 5 years of related work experience in benefits administration
Knowledge - Advanced
• Employer benefits, including program design, regulations, and compliance
• Employer leave management and accommodations
Skills - Advanced
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and collaboratively, adapting style to differing audiences.
• Project and process management
Location: Cleveland, OH
The expected starting salary range for the Senior Benefits Analyst is between $90,500 and $113,100 annually. Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and market data.
The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.clevelandfed.org/careers
Physical Demands and General Working Conditions
This is not necessarily an exhaustive list of all responsibilities, duties, standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Human Resources Family Group
Work Shift
First (United States of America)