Senior Benefits Analyst

Overview

Versiti is a fusion of donors, scientific curiosity, and precision medicine that recognize the gifts of blood and life are precious. We are home to the world-renowned Blood Research Institute, we enable life saving gifts from our donors, and provide the science behind the medicine through our diagnostic laboratories. Versiti brings together outstanding minds with unparalleled experience in transfusion medicine, transplantation, stem cells and cellular therapies, oncology and genomics, diagnostic lab services, and medical and scientific expertise.

This combination of skill and knowledge results in improved patient outcomes, higher quality services and reduced cost of care for hospitals, blood centers, hospital systems, research and educational institutions, and other health care providers. At Versiti, we are passionate about improving the lives of patients and helping our healthcare partners thrive.

Under the direction of the Director, Total Rewards the Senior Benefits Analyst will implement, administer and evaluate Versiti welfare, wellness and retirement plans, programs and vendors based on business strategy, competitive position and employee needs. This position will proactively assess and administer Versiti benefit plans and programs in compliance with organizational policies and procedures as well as federal and state governing bodies to support the benefit and compensation function and seeks integrated solutions which deliver value added service.

In addition, the Senior Benefits Analyst will be an integral member of the team to establish direction and long range benefit strategy for the organization. Incumbent acts as Secretary to the Retirement Benefits Plan and Benefits Plans Committees.

Compensation The target salary is based on internal averages. Versiti sets salary ranges aligned to local markets in which the job is performed. Compensation decisions take into account internal salary averages and differentiation based on education, experience, skills, and performance. Specific salary and benefits information is shared at the time of the phone screening based on your location and qualifications.

Benefits Versiti provides a comprehensive benefits package based on your job classification. Full-time regular employees are eligible for Medical, Dental, and Vision Plans, Paid Time Off (PTO) and Holidays, Short- and Long-term disability, life insurance, 7% match dollar for dollar 401(k), voluntary programs, discount programs, others.

• Benefits Planning and Administration
  • Partners with insurance brokers and providers to ensure cost-effective and competitive benefit plans.
  • Researches, analyzes, and recommends new or revised benefit plans/policies that are cost-effective and meet defined objectives based on trends, fiscal considerations and customer needs.
  • Participates in the benefits design and develops and executes implementation plan for approved changes; develops and monitors metrics to assess effectiveness of plans.
  • Oversees vendor relationships to ensure high level of service and process efficiency; audits and processes invoices; ensures compliance and accuracy of various reporting requirements.
  • Administers benefit plans according to plan documents and defined objectives. Provides direction to HR Operations on operational processes and standards.
  • Plans and executes the annual benefit enrollment activities, preparing materials and communication plan, scheduling meetings, monitoring and ensuring employee eligibility, etc.
  • Proactively identifies benefit related issues to help management and employees resolve, following consistent policies and practices as well as employment laws. Serves as a consultant educating and consulting with employees regarding benefit plans, and managing problems/issues that arise.
  • Partners with Finance to maintain an ongoing cost analysis to ensure budgetary guidelines are achieved.
  • Works closely with Payroll to assure effective benefits administration impacting payroll activities.
  • Monitors compliance with state and federal laws related to benefit plans, providing written notification to employees as needed; seeks…