[Remote] Senior Analyst - Benefits Operations
Note: The job is a remote job and is open to candidates in USA. Petco is a company dedicated to improving the lives of pets and their owners. The Senior Benefits Analyst will support Petco's health & welfare benefits, ensuring compliance and cost-effectiveness while analyzing data to inform program strategy.ResponsibilitiesPosition will have primary responsibility for supporting Petco’s health & welfare plans with a focus on analyzing benefits utilization, costs, trends, and plan performance to identify risks, savings opportunities, and improvement areasCreate proactive robust audit practices for eligibility, dependent verification, billing reconciliation and payment integrity review auditsSupport compliance projects with vendor(s) for annual compliance testing, filings, reports, audits, and legally required participant communicationsDevelop and provide reporting and create executive dashboards of KPIs including plan enrollment, demographics, financial performance, utilization trends and cost drivers based on current and historical dataEvaluate benefit plan designs and create leadership recommendations for Petco’s health & welfare benefit plansCreate a process for measuring and tracking plan performance of benefit programs and manage budget reconciliation by processing, overseeing and/or directing all financial payments related to plan expenses and obligationsBuild strong relationships and collaborate with all levels of the organization to ensure support in change managementCreates and executes large scale projects related to all aspects of benefits, including leading new carrier and new client implementationsPlay a key and influential role working with others, in groups, in cross-functional settings, and with diverse stakeholders internally and externallyPartner with cross-functional teams to create and document efficient and streamlined processes and procedures in the established formatAligning benefit strategies with overall Total Rewards, HR, and business strategy and objectivesManage meetings where you describe, explain, and respond to questions concerning the financial performance and utilization of Petco’s benefit programsStay current on changing Federal and State regulations and legislation that may affect employee benefits (e.g., ERISA, ACA, COBRA, HIPAA, FMLA)Participates in the process during selection of vendors related to all Health & Welfare, Retirement and Recognition programsAnalyze the business and employee benefits market to keep abreast of changes and trends. Make appropriate recommendations for changePlay a key role in strategic discussions. Drive discussions to resolution or consensusBuild partnerships with key stakeholdersProject credibility, professionalism, and assertiveness to drive projectsExpress confidence and gain respect as the technical subject matter expert among peers, subordinates, and superiors, both within and outside HRMaintain focus at the strategic level and leverage resources, vendors, brokers, and others appropriately to accomplish strategic and tactical goals. Provide leadership and direction, as well as oversight to vendors and other service providersEffectively apply skills, knowledge, experience, and core competencies across the organization at all levelsAssist other Total Rewards functions in the completion of special projects or during peak periodsPerform other duties as assigned or requiredAssists with the execution of system changes (e.g., testing updates, new configurations), identify reoccurring issues and partner with colleagues to implement customer service-oriented solutionsSkills7-10 years of direct employee benefits department or human resources experienceCollege degree requiredDemonstrated and advanced knowledge of Microsoft Excel and previous experience working with accounting and finance partnersHas a demonstrated ability to analyze and evaluate complex sets of data and make strong business decisions based on evaluationsRequires strong problem solving, effective time management, and decision-making skills and the ability to handle confidential informationMust be proficient utilizing various Microsoft Office applications (e.g., Word, Excel and PowerPoint)Requires strong analytical and communication (verbal & written) skillsMust be able to effectively operate in dynamic, fast paced environment with compressed timelinesMust be results-oriented, with an ability to prioritize, plan accordingly, and handle multiple projects simultaneouslyAlteryx & Workday experience a plusBenefitsHealth & welfare benefits, including medical, dental, vision, and supplemental benefits401KIncentivesPTOCompany OverviewWhere the Pets Go. Celebrating 60 years of helping pets live their best life! It was founded in 1965, and is headquartered in San Diego, California, USA, with a workforce of 10001+ employees. Its website is https://www.petco.com/unleashed.