Job Information
City of Cambridge Benefits Analyst in Cambridge, Massachusetts
The Benefits Analyst is responsible for, on a monthly basis, the auditing, bill processing and reconciliation of Health, Dental, Vision, Life and Flexible Spending accounts to the city?s database. Additionally, the Benefits Analyst assists with the overall maintenance of updated Health, Dental, Vision, Life, Long Term Disability and Flexible Spending records of Subscribers and dependents in the HRIS database. Employee is required to perform all similar or related duties as assigned. Under the Assistant Director of Benefits Administration?s direction, working from municipal policies and objectives; individual establishes short-range plans and objectives, own performance standards and assumes direct accountability for department results. Consults with the Assistant Director where clarification, interpretation, or exception to municipal policy may be required. The employee is responsible for the development and implementation of job aids/workflow to complete essential functions. The employee is also expected to attempt to resolve conflicts which arise and coordinate with the Assistant Director as necessary. Position does not require the regular supervision of employees but may supervise the work of volunteers or interns. The work requires examining, analyzing and evaluating facts and circumstances surrounding individual problems, situations or transactions, and determining actions to be taken within the limits of standard or accepted practices. Guidelines include a large body of policies, practices and precedents which may be complex or conflicting, at times. Judgment is used in analyzing specific situations to determine appropriate actions. Employee is expected to weigh efficiency and relative priorities in conjunction with procedural concerns in decision making. Requires understanding, interpreting and applying federal, state and local regulations. ESSENTIAL DUTIES & RESPONSIBILITIES: Specific duties include but are not limited to the following: Critically evaluate data gathered from multiple sources, identify and reconcile discrepancies/conflicts. Monitor budget balances and complete analysis of bills against deductions taken and GL postings as part of reconciliation process Track, record and review monthly discrepancies as part of reconciliation process Maintain and organize spreadsheet to balance and track monthly total of bills, deductions and GL postings Reconciles benefit ?Administrative Cost? to current HRIS payroll system and the G/L on a monthly basis Performs an analysis to ensure there are no subscribers with duplicate plans, unpaid premiums etc. on a monthly basis Performs benefit audits to ensure charges correspond to Subscriber?s deductions Reconciles to ensure Subscriber?s Health Care, Dental, Vision, Flexible Spending, Long Term Disability and Life contribution rates agree per the Group Rates, on a monthly basis Analyzes data to minimize Health Care Costs to the City Assists with the preparation of mandated reports, e.g. Affordable Care Act (ACA) and Governmental Account Standards Board (GASB) Reporting Establishes documented guidelines and procedures on how to handle various benefit related scenarios, e.g., protocols on individuals going on Leave of Absence, individuals going into an unpaid status, etc. Assists in formulating and costing management proposals pertaining to employee benefits and collective bargaining Monitors and communicates with employees on Leave of Absence to insure benefits do not become unpaid. Participates in RFP processes Reconcile and pay for Health, Dental, Vision and Life and Flex Spending invoices monthly. Monthly billing of retirees/surviving spouses who are not receiving a pension or are balance billed. Research and report on unemployment bills; coordinate cost reimbursement from departments Full job description here: https://phe.tbe.taleo.net/phe02/ats/careers/v2/viewRequisition?org=CAMBRIDGEMA&cws=37&rid=927