Job Brief
The Benefits Analyst plays a critical role in designing, implementing, and analyzing compensation and benefits programs. This position requires a thorough understanding of job analysis and classification systems, as well as expertise in pension programs and employee benefits strategies. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to communicate effectively with stakeholders at all levels. A background in human resources, finance, or related fields is essential for success in this role.
Responsibilities
- Conduct comprehensive job analysis and evaluation to define roles and responsibilities within the organization.
- Design and implement competitive compensation and benefits programs that attract and retain talent.
- Analyze employee benefits data and trends to recommend improvements and enhancements.
- Collaborate with HR and finance teams to ensure compliance with legal and regulatory requirements.
- Maintain and update compensation structures and benefit plans to align with industry standards.
- Prepare and present reports on compensation and benefits metrics to senior management.
- Conduct market research to benchmark compensation and benefits practices against industry competitors.
- Assist in the administration of pension programs and associated employee communications.
Requirements
- Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
- 2+ years of experience in benefits administration, compensation analysis, or HR analytics.
- Proficient in data analysis and reporting tools, including Excel and HRIS systems.
- Strong knowledge of employee benefits legislation and compliance regulations.
- Excellent analytical, problem-solving, and decision-making skills.
- Effective communication and interpersonal skills for collaboration with diverse teams.
- Professional certification such as Certified Compensation Professional (CCP) or Certified Employee Benefits Specialist (CEBS) is a plus.
Similar Job Titles
- Compensation Analyst
- HR Benefits Specialist
- Compensation and Benefits Manager
- Employee Benefits Analyst
- Compensation Consultant
- Benefits Coordinator
- HR Analyst
- Pension Analyst
