Senior Benefits Analyst

NOV, Inc. • $95K — $115K *
Houston, TX 77084In-Person
Business Services
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Human Resources or related field (preferred); or equivalent combination of education and experience.
  • Minimum of 8 years of experience in employee benefits, ideally in a large, multi-location global organization.
  • Strong knowledge of U.S. health, welfare, and retirement benefits.
  • Proven ability to analyze data and provide actionable insights.
  • Advanced skills in Microsoft Excel for complex data analysis.
  • Experience with HRIS and benefits administration systems, such as Oracle HCM, ADP, or similar.
  • Exceptional project management and organizational skills.

Responsibilities

  • Administer U.S. and Global health, welfare, and retirement programs ensuring compliance with laws.
  • Evaluate benefit program performance and recommend enhancements based on business and market needs.
  • Manage vendor relationships to monitor performance and drive improvements.
  • Serve as the escalation point for complex employee benefit issues.
  • Identify automation opportunities and improve data quality through technology.
  • Lead annual enrollment and process improvement projects with clear plans.
  • Develop educational communication materials for employees regarding benefits.

Benefits

  • Comprehensive health, welfare, and retirement programs.
  • Opportunities for professional development and continuous improvement.
  • Collaborative work environment with cross-functional teams.
  • Involvement in strategic initiatives impacting employee benefits.
  • Exposure to legal and compliance aspects, with continual learning opportunities.
Full Job Description
Job Description

We are seeking a Senior Benefits Analyst to join our team at NOV. This role serves as a subject matter expert for benefits operations, analytics, compliance, and vendor performance. It is a critical link between our employee benefits strategy and its successful execution. As a subject matter expert, you will collaborate with internal and external partners to deliver health, welfare, retirement, and wellbeing programs that align with our business objectives and market competitiveness. Your expertise will be instrumental in ensuring compliance and managing vendor relationships. The position also leads complex benefits projects, including annual enrollment, vendor implementations, acquisitions and integrations, and process improvement initiatives.

Responsibilities

  • Administer and support U.S. and Global health, welfare, retirement, and wellbeing programs, ensuring regulatory compliance including ERISA, ACA, HIPAA, COBRA, FMLA, Section 125, Medicare Secondary Payer, and other applicable laws.
  • Evaluate benefit program performance and recommend enhancements to meet business needs and market trends.
  • Manage relationships with benefit vendors, monitor performance, and drive continuous improvement initiatives.
  • Serve as the escalation point for complex employee benefit issues, collaborating with cross-functional teams for prompt resolution.
  • Identify opportunities to automate processes, improve data quality, and enhance operational effectiveness through technology and process optimization.
  • Lead annual enrollment, vendor implementations, and process improvement projects, developing comprehensive project plans and communication strategies.
  • Develop employee communications and education materials to enhance understanding of benefit programs.
  • Partner with HR Business Partners to ensure consistent benefits information delivery across the organization.
  • Support HR technology initiatives, including HRIS and benefits administration platforms, and payroll integrations.
  • Stay updated with legislative and regulatory changes, partnering with Legal and Compliance teams for implementation.
  • Ensure accurate administration of benefit plans through effective oversight of internal processes and external vendors.


Qualifications

Qualifications
  • Bachelor's degree in Human Resources or related field preferred; or equivalent combination of education and related work experience.
  • Minimum of 8 years of progressive experience in employee benefits, preferably within a large, multi-location and global organization.
  • Strong knowledge of U.S. health and welfare and retirement benefit programs.
  • Demonstrated experience analyzing large datasets and translating findings into business recommendations.
  • Advanced Microsoft Excel skills, including PivotTables, XLOOKUP, Power Query, and complex data analysis.
  • Experience working with HRIS and benefits administration systems such as Oracle HCM, UKG, ADP, or similar platforms.
  • Exceptional project management and organizational skills, demonstrating the ability to lead cross-functional benefits initiatives, manage competing priorities, and drive successful execution across multiple workstreams.
  • Strong analytic skills with superior attention to detail and accuracy.
  • Excellent written and verbal communication skills inclusive of developing presentations.


Preferred
  • Experience with self-funded medical plans, pharmacy benefit management, stop-loss insurance, and vendor financial analysis.
  • Experience supporting mergers, acquisitions, and organizational integrations.
  • Experience working with global benefits and international HR teams.
  • CEBS or CBP certification preferred.


Competencies
  • Strategic and analytical thinking
  • Financial and business acumen
  • Data analysis and reporting
  • Project leadership
  • Vendor relationship management
  • Continuous improvement and process optimization
  • Customer focus
  • Executive communication and presentation skills
  • Collaboration and influence
  • Sound judgment and decision making
  • Integrity and confidentiality

About NOV, Inc.

NOV, Inc. Careers

Joining NOV, Inc. presents an unparalleled opportunity to advance a career in the energy sector with a company at the forefront of driving innovation and growth. NOV, Inc. is actively seeking professionals who are ready to engage with a global team that values leadership, diversity, and professional development.

Explore Job Opportunities

NOV, Inc. offers a variety of job opportunities that cater to a range of skills and experiences. Whether it's in engineering, finance, or project management, NOV, Inc. positions itself as a leader in career advancement in the energy industry. Explore open positions that align with professional skills and career interests.

Internship Programs

NOV, Inc. believes in nurturing talent from the ground up. Internship programs at NOV, Inc. provide invaluable industry exposure and hands-on experience, making them a cornerstone of professional development for students and recent graduates eager to make their mark.

Commitment to Employee Growth and Benefits

At NOV, Inc., employee growth is a priority, supported by comprehensive benefits and diversity training programs designed to foster an inclusive workplace. NOV, Inc. invests in its team, ensuring access to the tools and training necessary to excel both professionally and personally.

Cultivating a Culture of Innovation

The culture at NOV, Inc. is built on a foundation of innovation and collaborative problem-solving. Employees are encouraged to bring fresh ideas and perspectives to the table, driving the company’s leadership in the energy sector.

Professional Development and Networking

NOV, Inc. is dedicated to the continuous professional development of its team members through leadership training, networking opportunities, and robust career paths. Employees at NOV, Inc. enjoy a dynamic environment where they can build strong professional networks and enhance their career trajectory.

Hiring Process

The hiring process at NOV, Inc. is designed to be transparent and engaging, starting from the initial job posting to the final interview. Candidates are encouraged to showcase their skills and experiences through a detailed resume and during the interview process, ensuring a fit that is beneficial both for the individual and for NOV, Inc.

Join the NOV, Inc. Team

NOV, Inc. is looking for passionate, curious, and innovative team players. Search for open positions that match skills and interests on the NOV, Inc. careers page. Discover how a position at NOV, Inc. can propel a career to new heights.

Stay Connected with NOV, Inc. Careers

Keep up to date with career tips, industry insights, and the latest job openings at NOV, Inc. Personalize subscriptions for job alerts and insider tips tailored to specific career preferences. Explore the rewarding opportunities that await at NOV, Inc.

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Embark on a journey with NOV, Inc., where career aspirations turn into achievements, and professional growth is intertwined with innovation and leadership.
Learn more about NOV, Inc.
Industry
Energy & Utilities
* Ladders Estimates

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